What is Taxicash™?
Taxicash™ is a crypto token that can be used to pay for travel in various type vehicles including Taxis, hire cars,
limousines, driverless (future) cars, ride sharing cars and other modes of transport. It is based on a Trademarked,
patented peer to peer decentralised system specifically tailor made for the transport industry. The practical usage
is via a mobile phone platform that can be used instantaneously or in a pre-booked manner. Taxicash™ will reduce the
travel costs by at least 13%.
Who is behind Taxicash™?
Taxicash™ has been conceived and sponsored by Chauffeur Live Pty Ltd., an Australian registered company.
The Company provides premium taxi / hire car / limousine services to customers all over Australia, New Zealand and UK.
The personnel behind Taxicash™ are from Hire car / Limousine / Taxi and transport industry that fully understand
the issues of the travel industry. The excessive payment processing charges imposed by third parties such as credit
card organisations and banks, amounting to about 13% can be eliminated by the adaptation of Taxicash™.
What problem does Taxicash™ solve?
Passengers use their credit/debit cards for paying Taxi/Ride sharing fares. Currently banks have designed the model for payments in
taxis in such a way that they attract a huge transaction fees. This has pushed the fares up to the the tune of 13-15%.
Taxicash™ eliminates this transaction cost significantly for passengers upto 5-6% and for drivers upto 7-8%. An overall
reduction of estimated 13% will have far reaching effects on taxi market that transacts US$ 130 Billion a year.
Why an ICO for Taxicash™
To develop the platform and the marketing of Taxicash™ to be a true global phenomenon, significant effort and expenses
will be required. The Taxicash™ ICO is expected to raise US$ 30Million that will be spent towards this effort.
A 2-year financial cash flow estimate has been developed to justify the expenditure plan.
Why should I invest in Taxicash™?
Taxicash™ tokens could become the future of payment systems for most of world travel including taxis, hire cars,
driverless cars, ride sharing cars and air travel. The value of the tokens will vary throughout, based on demand
and supply. Taxicash™ tokens are issued at huge discount during the ICO period and purchasers may expect significant
price uplift post listing of these tokens. These tokens can be retained for future travel needs when the platform
and mobile applications are developed, marketed and ready for use.
Are there any restrictions in purchasing?
Taxicash™ can be purchased during the ICO phase by anyone except, persons / entities from the United States of America.
The purchasers will have to provide their name, email address and country information only. Each person that buys
Taxicash™ tokens shall check with their own country regulations whether they can buy the tokens and are responsible
themselves for the purchase.
Tokens can be purchased by individuals, companies, institutions, and any other legal entities.
How do I purchase Taxicash™ token
Taxicash™ tokens can be purchased from our website www.taxicash.io by pressing the BUY NOW link.
Please follow the following steps.
- You would need to provide your name, email address and country (some restrictions applies).
- Select the number of token you would like to purchase. (Minimum cap - 100 Tokens applies)
- Select your payment method - BTC, ETH, Credit Card, Bank Transfer or Cash. Follow the instructions further.
What is the Minimum number of Taxicash™ Tokens I can buy?
The minimum number of tokens to be purchased is 100. The monetary vale of this minimum limit is US $100.00.
When will I receive my Taxicash™ tokens?
Your individual token balances will appear in your own member area. However, tokens will be transferred to your
wallet only at the end of the ICO period.
How do I exchange my Taxicash™ tokens?
Tokens can be exchanged post the ICO when the tokens will be listed in exchanges in Australia and overseas. Details
of the participating exchanges will be provided as soon as available.