CashBag.Co is a transactional cash back aggregator that enables consumers to secure discounts and cash back for shopping and transacting online at thousands of participating global merchants.
For each transaction concluded CashBag members earn cash back which is collected by CashBag from the participating merchant, accrued to the member wallet and paid out in fiat to linked bank or PayPal accounts.
CashBag will through this token issue add a feature rich environment to its platform, including an ERC20 compliant wallet which will enable features such as fiat / token conversion, advertising purchases, member rewards accumulation and redemption, instant transfers and the ability for members to transact both within CashBag and with any other ERC20 compliant wallet.
HOW CASHBAG EARNS REVENUE
CashBag has partnered with hundreds of global merchants and continues to onboard new merchants daily. These merchants all agree to share revenue based on transactional income generated by CashBag online shoppers. Through our direct & network integrations with the merchants we’re able to report transactions in real-time and accrue cash back savings for our members.
Advertisers pay CashBag transactional revenue, based as a percentage of the total sales revenue generated from the transactions facilitated through our platform. Additionally, CashBag earns ancillary revenue from promotional and marketing opportunities on the website, toolbar & in the mobile application.Token Ownership will be outline in the Terms & Conditions provide at https://tokensale.cashbag.co/ The official Cashbag ico website.
DESKTOP & MOBILE
CashBag has an Android Application and a Desktop Helper App (Firefox Safari Chrome) which once installed automatically alert consumers to savings when shopping online.
The site is mobile optimized and our Android App (iOS launching Q4) enables consumers to browse and search for products and services on the go.CashBag launched in the South African market and rapidly gained traction, growing to 135,000 members within months. The next step was to expand into multiple markets and add multi-currency support including US$, GBP, EUR and AUD with more currencies following.
TOKEN ISSUE INFORMATION
We will issue a total of 367,000,000 tokens. A maximum of 120,000,000 will be sold at 1 ETH:6000 tokens.
TOKEN DISTRIBUTION
During the presale send Ethereum (ETH) to the presale address to secure your tokens and bonus. Tokens will be allocated after the crowdsale is completed. During the crowdsale, tokens are purchased by sending Ethereum (ETH) to the smart contract address. Once received the smart contract will send tokens to your wallet. Support for advertiser redemption & trading directly within the CashBag platform will also be added.
The Sale Period will begin on 12 March 2018 and continue until either (a) 120,000,000 tokens are sold or (b) 30 days from token sale launch. A smart contract will deliver the tokens during the token sale.
TOKEN SALE PROCEEDS
Shareholders of the company do not receive tokens, as it is our position that we already benefit from the crowdsale through the participation of token buyers. Proceeds from the Initial Token Sale will be utilized within the company to accelerate development and growth of the business.
ROADMAP
TEAM
- Jonathan Miller CO-FOUNDER / CEO
- Kirsty Henderson CO-FOUNDER / BUSINESS LEAD
- Eugene Benade CO-CTO / SOFTWARE DEVELOPMENT
- Nicolaas Venter CO-CTO / SYSTEMS ENGINEERING & SOFTWARE DEVELOPMENT
- Jonathan Meanwell CMO / BUSINESS DEVELOPMENT & ADVERTISER SALES
- Divan Bower USER COMMUNICATION & MESSAGING
- Maggie Benson USER EXPERIENCE & FRONT END DESIGN
- Ryan MacGeoghan ANALYTICS AND DATA SCIENCE
- Marc Kenigsberg EXTERNAL ADVISOR
- Boyan Josic EXTERNAL ADVISOR
FOR MORE INFORMATION :
WEBSITE
ANN THREAD
WHITEPAPER
TELEGRAM
viarathel
https://bitcointalk.org/index.php?action=profile;u=1275057
Eth : 0x354B4485f6133537148382d7022Be1b3c98Dbf95
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