CashBag - Shop As You Are Safely And Conveniently

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Buying products has never been easier, where some e-commerce websites always offer something that is being sold. They have really changed the shopping experience for many of us. Used by many products and loved by customers, this has become one of the stable schemes for all types of businesses. You must have heard it many times. Recharge with x amount to get 100% cashback and more in other fields, like entertainment, shopping etc.
However, this category faces many challenges in the current situation as customers and complexities grow simultaneously. Micro payments are complicated to be spent and saved as banks continue to introduce new roadblocks in the system. There is no platform where you can keep all your cashback and discount offers and spend wherever you like. With the introduction of cryptocurrency, the market is believed to be stronger in the coming years.





WHAT IS CashBag

CashBag.co is a value-based money-back aggregator that rewards clients with money back when they shop on the vendor's side. CashBag.co is a value-based money-back aggregator that empowers buyers to get rebates and money back to shop and execute on the web with thousands of vendors worldwide. For each exchange completed, CashBagents recover the money collected by CashBag from participating vendors, accumulated to the wallet and paid fiat to a connected bank or PayPal account.
CashBag is something beyond the prize site, it is a smart tool that helps savvy customers realize money back and safe rebates on almost all online purchases. It's exploited by dynamic online customers, organizations, and quite a lot of people who want to save on shopping on the web.

PURPOSE OF CASHBAG

The CashBag Stage is otherwise called over the winning site of the grant; is an instrument that allows educated customers to earn profits and get discounts based on web-based shopping. CashBag is also exploited by dynamic individuals from the relative of every online customer, business, and online customer.
The reason for offering security is to ensure that the prize money is settled immediately by utilizing Ethereum Blockchain for settlement. There are many favorable conditions for implementing an ERC20 token for immediate regulation, for example, reducing activity costs, consistent accounts and access and appropriation around the world.

How it works

CashBag has worked with several senders around the world and continues to locally available traders day by day. These merchants all agree to share revenue by considering a value-based salary made by CashBag online customers. Through a direct and mixed system with the sender, the project is ready to report ongoing exchanges and raise money for individual funds.
Publicists pay for CashBag's revenue-based revenue, based on the aggregate aggregate revenue rate generated from platform-driven exchanges. Also, CashBag wins additional revenue from special openings and displays on sites, toolbars and in portable apps.
Solutions offered
CASHBAG offers something unique to consumers by combining all the latest offers and discounts on a single platform. You buy on the platform and save in your wallet to transfer it to your PayPal or bank account. Launched in 2016 with over 500 merchants on the website, they have decided to integrate the power of blockchain technology to make the system transparent and smooth.
This is derived from merchants who pay according to the total sales revenue generated on the platform. The CBC Token is an important element on the platform that can be used for some use cases and some of which are mentioned below.
  • Payment for advertising in CASHBAG
  • Members get incentives in the CBC Token
  • Payment for various services on the platform
  • Trading with tokens on some cryptocurrency exchanges
  • Saving in Digital Wallet

Use of project token:

Pay for ads in Cashbag

Vendors and sponsors who offer administration and items in CashBag can pay their promotional fees using CBC. Paid promotions in token and token deal start-up users are ensured their proportional token incentives in promoting benefits in their nearby markets. When the esteem token expands, any recovery will be rewarded with current market costs, simply ensuring tariff reductions for publication on stage for early group agreement adopters.
Win incentives

Individual CashBag wins CBC every time they execute through CashBag stage and buy from florist. Initially, for every $ 1 or proportional environmental exhibit gained in reward money, the shopper will get an additional 10% ($ 0.10) reward at the CBC.
Gamification / Rewards

Individuals may obtain CBCs to follow-up and share curated promotional content ranging from news to recordings, moving pictures or shipping. On the platform, the client's final benefits are straightforward from the review and key in the substance and are never again considered only items, but turned into dynamic members in the exchange procedure.
Purse

Individual CashBag can request / send CBC between individuals and pay administration on stage. This wallet is consistent so ERC20 finance can be exchanged out of the ecosystem and utilized as part of a different purse.
Exchanging tokens




Tokens can be publicly exchanged, traded, and sold. CashBag will respect the published token for issuing the administration at a guaranteed price reduction rate through smart contract rules. Token will exchange on many trades and as an easily approved token ERC20 may be kept in a consistent wallet and used to purchase.
Sending token / Making payment

Tokens can be used to send tokens to CashBag individuals or make installments through smart contracts initiated by clients at CashBag and past stages. Inside the individual CashBag commercial center will have the capacity to bless tokens, pay administration, purchase goods from the commercial center of CashBag and ultimately purchase merchandise from merged merchant feet that recognize installments of the ERC20 wallet in general and CashBag in particular.
Debit card

The expansion of a connected VISA / Mastercard platinum card will empower individuals to execute comprehensively, using CBCs to buy at qualified senders, withdraw money and immediately get their assets utilized without subsidy (JIT) subsidies.
The advertiser's business case

Tokens can be used to purchase promoting shares in CashBag by retrieving them through the sponsor interface. Tokens are exchanged through smart contracts as the end result of promoting administration and administration delivered through the platform.

TOKEN SALES

CashBag made a token deal for innovation and all inclusive recognition of innovation and plans to offer 120 million tokens, and plans to offer token for $ 15. Hardcap is set at $ 30 million.
CashBag will recognize the CBC token at a base cost of 0.000166666 ETH (6000 tokens / ETH) per token to be published in cash.
Utilizing a confusing chain-link and contract exchange agreement, CahBag will disrupt value-based capacity, provide quick settings, bring in new breaths and accelerate customer appropriation.

Finance:

  • Token:   CashBag
  • Ability:   CBC
  • Platform:  Ethereum
  • Accept:  ETH
  • Total supply:   367m CBC
  • 600 tokens - 0.1 ETH

Token Sale:

  • Start date: 12.Mar.2018
  • End date: 30.Apr.2018








TOTAL TOKEN CBC






Roadmap Project:

2014-2015
  • Core Application Development CashBag.co and Alpha MVP
  • BizDev secures an initial +100 merchant partner
  • Live beta & launch site development.
2016
  • Launch of South African Soft CashBag. Organic growth up to 180 traders
  • Development Continues
  • Platform that supports Multicurrency Wallet Development
  • Development of desktop toolbar
2017
  • Phase 1 of Targeted Customer Acquisition (EMEA / USA / APAC)
  • Investigate high-yield market focus for expansion marketing plans.
  • Android App Launch
  • Growth of merchant base to +500
  • Growth of user adoption up to 130,000 members
  • Employment scales, systems and business processes
  • Planning product evolution into decentralized architecture and implementation of blockchain.
  • Research on the finalization and implementation of Tokenonomi.
  • Create an advertiser's smart MVP contract.
  • Token sale architecture & smart contract development include buyer wallets / tokens members.
2018
  • Advertiser Advertising & Advertiser Member Wallet Integration
  • Launch the Mandiri Portal Services Advertiser Service including a wallet that allows token transaction processing-advertising and currency = CB swap via smart contract.
  • Launch an expanded member interface that shows the value of tokens, values ​​and tools equivalent to cash and cash to execute swaps, redemptions, and withdrawals.
  • MarketPlace & Core Market Expansion
  • Launch CashBag market, integrate merchant data feeds with 150,000 different products.
  • Launch AI Natural Language UX independent shopping assistant
  • Phase 2 of Targeted Customer Acquisition (EMEA / AUS / NZ)
  • Original Ad Machine
  • Launch an advertising engine including audience targeting, ad creation and CBC redemption for advertising spend using smart contracts to make ad purchases on platform
  • Phase 3 Targeted Customer Acquisition (AS / CA)
2019+
  • Launch Debit Card
  • Launch the related Debit Card in the US Market, with other markets to follow
  • Expand the market to allow lists and sell their own items in a safe and reliable environment using smart contracts to execute and guarantee transactions and deliveries.
  • Add Social Tools, enable peer-to-peer communications & transactions, including gamification elements to encourage the adoption, use, and sharing of social platforms, merchants, and products featured therein.
  • When cashbags evolved the team envisioned service being an invaluable and trustworthy part of the members' daily lives.

Project Team:

Cashbag has been designed and manufactured by a team of highly experienced technology experts. Team members bring together expertise that gives them an in-depth understanding of the challenges of many crypto companies face including legal, regulatory and compliance issues.
  • Jonathan Miller - Co-Founder, CEO
  • Kirsty Henderson - Co-Founder, Business Leader
  • Eugene Benade - Co-CTO
  • Nicolaas Venter - Co-CTO
  • Jonathan Meanwell - CMO
  • plus team and Cashbag advisers

Finance:

  • Token:   CashBag
  • Ability:   CBC
  • Platform:  Ethereum
  • Accept:  ETH
  • Total supply:   367m CBC
  • 600 tokens - 0.1 ETH

Token Sale:

  • Start date: 12.Mar.2018
  • End date: 30.Apr.2018

Conclusion

Sitting at home and ordering something is not a thought one could imagine a few decades ago. In addition, some offers from online shopping sites make the perfect plan for us to buy what we might need in the future. One of the most recognizable and popular schemes that has saved many people money and time is the cashback program. They will launch a debit card next year in the US during the project expansion.

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