CASHBAG.CO

THE CASH BACK CRYPTOCURRENCY

Successful greetings to all of my crypto buddies wherever you are. May you be healthy all. On this occasion I will inform you all about one of the ongoing ICO projects that is CashBag .

What Is CashBag ?

CashBag is a transactional refund aggregation platform that allows consumers to get discounts and cash to shop and transact online at thousands of participating global merchants. For each transaction, CashBag members get the money back collected by CashBag from participating merchants, subject to member wallet and paid at a great price to the associated bank or PayPal account.

The CashBag platform is also known for more than just its award-winning website, it's a tool that helps conscious and conscious shoppers to earn money back and get discounts for online purchases. CashBag is also used by active members of online shoppers, businesses and almost anyone interested in shopping while shopping online.

CashBag's core demographic is very active, using CashBag every day for the invention of products and services. Our average bucket value is about $ 80 AUM (monthly active users), up 100% over the first 8 months of 2017. Shopping frequency increases with our core users transacting 2-5 times per month.

The CashBag Company has a long history of innovation and has developed patents, technologies and proprietary applications for the performance marketing industry and owns and operates CashBag.co and other investments in the digital advertising and marketing industry.

How Does CashBag Generate Revenue?

CashBag has partnered with hundreds of global merchants and continues to new onboard traders on a daily basis. All these merchants agreed to share revenue based on transactional revenue generated by online CashBag buyers. Through our direct integration and network with merchants, we can report transactions in real-time and earn back money savings for our members.

Advertisers pay CashBag transactional income, based on a percentage of total sales revenue generated from transactions facilitated through our platform. In addition, CashBag earns additional revenue from promotional and marketing opportunities on websites, toolbars and mobile apps.

PLATFORM CASHBAG DESKTOP AND MOBILE

CashBag has Android Apps and Desktop Helper App (Firefox Safari Chrome) that once installed automatically remind consumers of savings when shopping online. This site is optimized for mobile and our Android Apps (iOS, Q4 launch) allow consumers to browse and search for products and services while on the go.

CashBag was launched in the South African market and quickly gained appeal, growing to 135,000 members in a few months. The next step is to expand into multiple markets and add multi currency support including U $$, GBP, EUR and AUD with more of the following currencies.

GOAL TOKEN CASHBAG (CBC)

The purpose of selling cbc tokens is to enable instant settlement of reward money back by utilizing the Etaceum Block for completion. There are several distinct advantages to implementing an ERC20 token for instant settlement, including lower operating costs, unchanged logging and global reach and adoption. CashBag creates a CBC Token (CashBagCoin) that is used to reward members for trading through the platform and allows advertisers to instantly reward members for approved transactions. Customers get a CBC token by engaging with advertising and transacting online. The advertising service is sold through token redemption. This evidence is obtained by members who transact with merchants through the platform.

TOKEN MATTERS

CashBag operates in several global markets. We have a list of over 150 active advertisers, with over 685 queues for integration. We look forward to expanding to include 2,500 merchants in Q2 2018 as we enter more areas.

Members get cash rewards when shopping online at participating merchants.
Members can earn CashBag-sponsored incentives based on activity, transaction volume and social distribution of their platforms.
Members may elect to receive their cashback in their real currency or convert at prevailing market prices to Token CashBag and save their deposits in eligible wallets of our ERC20.

USE OF TOKEN

There are some Commercial and End Usage Applications for tokens, User grant requirements, Tokens can be used either for sale or shipped for services in CashBag , tokens are reviewed as cbc (CashBagCoin).

Pay ads on Cashbag.
Payment incentives.
Gamification / Reward.
Wallet.
Trade Token.
Sending Token / Pay.
Debit Card.

CashBag Advertiser Business

These tokens can be used to purchase ad inventory in CashBag by redeeming them through the advertiser interface. These tokens are transferred through smart contracts in return for advertising services and services delivered through the platform. During the initial token sale, the minimum redemption price will be guaranteed through smart contracts, so the tokens can be redeemed with upcoming advertising for up to 48 months, at the issue price.

Ad inventory is available in various formats including but not limited to Product List; List of Merchant Stores; Show ads; Location Based Advertising; Coupon Redemption.
These advertisers integrate their Ecommerce or Physical Point-Of-Sale solutions in stores to credit members who purchase using member referral links (previously coded to identify members), unique identification or related debit cards. Advertisers will mostly use CBC to pay for transactional advertising, commissions and sales discounts generated as well as advertising space of promotions, bulletins and incentives to members.
Traders can reach members who approve targeted ads, relevant to their needs, interests and prolife needs. Direct ad recipients get CBCs to view and act on those ads, which effectively encourage engagement and reward members for their concerns. Members may change their interests, opt out of the entire ad or by category, interest or advertiser, mute ads for a given period or combination.
Merchants can reach members who accept geo-lined notifications delivered via mobile devices, according to their interests and needs. Ad recipients get the CBC to watch and work on advertising, which effectively increases engagement, rewards members for their attention and actions. Members may change their interests, opt out of the entire ad or by category, interest or advertiser, mute ads for a given period or combination.

TOKEN TECHNOLOGY

Token CashBag (CBC), token based on Ethereum, is an important element of our market. Ethereum is an open source, blockchain-based, distributed computing platform that is oriented on smart contracts. In general, Ethereum is a distributed virtual machine that allows end users to create smart contracts for transactions. The smart contract is a stateful application stored in the Ethereum blockchain.

The contract is cryptographically secure and can verify or apply contract performance. The Token contract is a standard feature of the Ethereum ecosystem. Ethereum has been used for mobile payment systems, distributed exchange, commercially priced tokens and currency, market cleaning mechanisms, expenditure systems for distributed computing resources, commodities and exchange effects, crowdfunding, and verification of legal documents. Large companies have invested and installed Ethereum with Deloitte, IBM, JP Morgan, the Luxembourg Stock Exchange, Microsof, RBS, and Santander Bank as primary early adopters. Refunds and cashback incentives from advertisers to consumers using CBC will be made for the first phase with CashBag Micropayments Ledger.

1. MICROPAYMENTS TRANSACTIONS

2. FLOW CASHBAG TOKEN VALUE

3. FLOW TRANSACTION WALLET ERC20

WHY CONTRIBUTION?

The sale of our tokens is an opportunity for early adopters to participate in a set of tokens that can be redeemed for guaranteed redemption of advertising. Once the initial token issue is distributed there is no further token to be made and the company will buy back the token for publication as an incentive reward for members. CBC prices will follow Hartwick's regulations where through our buyback token program will maintain liquidity and value increases over time as more users enter the ecosystem. Due to scarcity and supply constraints, we anticipate that CBC unit prices will increase as demand, driven by member revenues, raise prices. CashBag will pay incentive members using incentive ratio, currently 10: 1 (equivalent to one tenth of a dollar equivalent to the CBC for each retained earned dollar). These incentives will be funded from profits and bought on the open market.

TOKEN SALE CASHBAG

SYMBOL TOKEN: CBC

1 ETH: 6000 CBC

TOTAL SUPPLY: 367,000,000 CBC

TOKEN SALE BEGIN: 12 MARCH 2018

DISTRIBUTION TOKEN

During presale send Ethereum (ETH) to presale address to get your token and bonus. Token will be allocated to collect the finished crowd. During crowdsale, tokens are purchased by sending Ethereum (ETH) to the smart contract address. Once you get a smart contract will send a token to your wallet. After crowdsale, the CBC token can be registered and traded in additional exchanges. Support for direct traders' repayment and trade in the CashBag platform will also be added.