What Is Pink Taxi?
Pink Taxi is the world’s first blockchain-based women-only taxi that empowers hundreds of women and makes them take control of their lives. The main objectives of Pink Taxi is providing female passengers with a secure transportation facility and providing others with an employment platform. Pink Taxi also aims at making day-to-day commuting simpler and convenient by utilizing blockchain technology to ensure the reliability and security of driver and customer data.
How Pink Taxi Women-Only Taxi Drivers Blockchain Works
Through the innovative technology that Pink Taxi will implement, a solution is provided for some of the major problems facing the Taxi Industry such as lack of standardized procedures or practices, absence of customer orientation, performance measures, and training. These challenges might result in a tainted company reputation or image and may affect the well-being of customers and drivers.
The Taxi industry currently does not have a driver database and application. This is problematic as it causes issues for the passengers as well as damages a company’s reputation. Pink Taxi will provide a mobile application that customers can use to find licensed drivers. Similarly, drivers can use the application in the efficient management of their businesses.
Pink Taxi Model
Pink Taxi has an adaptive revenue-generating model that will be profitable to both users and investors. It includes:
Rides Sharing App
This smart phone application seeks to provide access to the platform, thereby increasing the platform’s user base.
Pick And Drop
This service caters for the corporate sector. Pink Taxi partners with organizations in order to provide commute services for their female employees at specific pick-up and drop-off points at defined timing and on designated days.
In order to maximize earnings for drivers, Pink Taxi will have various advertisement options such as in-door TVCs and outdoor livery advertisement facility.
Pink Taxi Benefit
Investors that participate in the ICO will earn free rides that can be used at any time. This will not only be beneficial to token owners but also to drivers who are registered on the platform as they can improve their earning structure.
Using blockchain technology, Pink Taxi will set new industry standards, which ensures secure travel with authorized drivers and safe transactions.
Pink Taxi PTT Token & ICO Details
Users will be able to pay for their rides through the tokens. As an incentive method, the platform will reward users with Pink Tokens and points based on how frequent they ride using Pink Taxis. The points are redeemable for free rides. The tokens can also be acquired through purchasing them through the ICO.
Parameters Of The ICO
- Token Symbol: PTT
- Token Standard: Ethereum
- Hard Cap: 12,500,000 (PTT)
- Token Sale Date: May 15 – June 18 2018
- Hard Cap – 10,000,000 PTT
- Token Price 1ETH =4000 PTT
ICO Phase A
- Sale Date: June 16 – July 28
- Hard Cap – 12,500,000 PTT
- Token Price – 1ETH = 2500 PTT
ICO Phase B
- Sale Date: July 29 – September 15
- Hard Cap – 12,500,000 PTT
- Token Price – 1 ETH = 1500 PTT