Plaza and RedCab cooperate on TGE cross-promotion, explore further collaboration

Decentralized peer-to-peer transportation solution RedCab is collaborating with Plaza on token generation event (TGE) cross-promotion and marketing.

RedCab Co-Founder & CEO Mohamed Mousa

Co-Founder & CEO Mohamed Mousa said: “To set the stage for exploring further collaboration between the two platforms RedCab and Plaza have signed an MOU, as we believe that there are some great opportunities for synergy between the two projects.

“Therefore, we are delighted to be engaging in a mutual strategic investment between RedCab and Plaza.”

The decentralised peer-to-peer transportation solution already has a mobile application. And in the markets it operates, RedCab claims to deliver 20% more revenue to drivers while saving their customers 30% as compared to established ride-sharing intermediaries.

RedCab’s token sale is live now at redcab.io.
The PLAZA TGE will run from October 1, 2018 at 0900 GMT to November 12, 2018 at 0900 GMT. Visit plaza.systems.
Plaza CEO & Chief Architect Kevin Johnson

Plaza CEO & Chief Architect Kevin Johnson has signed several presale deals with other blockchain projects interested in collaborating on TGE marketing and post-TGE business development.

“This exciting RedCab deal is among the first,” Mr Johnson said. “More such deals will be announced over the course of the TGE.”

In a September 22 Medium post, he wrote:

In preparation for the TGE, we have published the PLAZA token ERC20 smart contract and distributed the tokens for all purchases received during the presale and pre-TGE rounds.

While the tokens have been distributed, they will not be transferable until after the TGE has been audited and finalized.

Stay tuned to this channel and Plaza Talk on Telegram as we will be announcing new contests and bounty programs shortly.

About Plaza

Plaza occupies the intersection of lifestyle and technology.

We are developing the Total bCommerce™ solution, which includes the fast and future-proof MerchantChain™ , the MerchantChain Transaction Coin Standard™, and the Freedom Lifestyle™.

MerchantChain is a blockchain-infused commerce (bCommerce) infrastructure upon which others can build decentralised applications

The MerchantChain Transaction Coin Standard provides valuation stability and certainty for everyday transactions.

Freedom Lifestyle is a suite of product search & payment tools that offer:

  • The ability to quickly and conveniently browse the best shopping deals across the whole internet, anytime, and from anywhere;
  • The privacy, savings, and security of cryptocurrency payments; and
  • The sensible flexibility to enjoy the products of any vendor using non-cash payment methods everyone is familiar with.

Follow the links below to find out more:

Website: plaza.systems

White Paper: plaza.systems/whitepaper

Yellow Paper: plaza.systems/yellowpaper

More news & opinion from Plaza: medium.com/plaza-systems