Hello once again,
I am proud to introduce to you CashBag, a new decentralised Platform making Cashback efficient and more profitable through the blockchain. This new and interesting project will ultimately enable micro-payments to be made via cash back in stores worldwide. By building our settlement engine to interface with the Ethereum blockchain CashBag have created an instant settlement platform that not only cut their own costs, but it enabled them to settle micro-payments and keep an immutable record for all customers.
So..... what is CashBag?
CashBag is where cash meets cryptocurrency. It commences a new age in micropayments. The project is backed by a solid team. It plans to capitalize on a rapidly growing business. The project created a brand new blockchain platform exclusively for micropayments and instant settlements. You are credited cashback rewards for your online purchases. Shopping online cannot be more fun. The project has managed to sign in top merchants including AliExpress, EBay, Groupon, Booking.com, Hotels.com, Spree, Madison, Target, and a lot more. Customers can shop from the company’s cool app or toolbar. You can enjoy CashBag shopping with optimized performance in desktops and mobile devices.
So.....How CashBag is superior to traditional cashback system?
The current cashback model has some flaws. It takes time and money to make the savings to reach consumers’ wallets. High bank fees make micro transactions nonsensical. Processing fees consumes all the little cashback you can otherwise accumulate. The settlement engine induced into Ethereum blockchain creates an instant settlement platform. It doesn’t just stop at eliminating the processing costs. It makes CashBag capable of settling micro payments and helps maintain an immutable record. As a rewards website, it can help consumers secure discounts about any online purchase. The platform benefits lavish shoppers, average shopping and even the tiniest shopper.
Boom of retail ecommerce and cryptocurrencies:
Both retail ecommerce and cryptocurrencies are growing in numbers. Both these entities enjoy an upward trend. Retail ecommerce sales are expected to go from $1 trillion in 2016 to $4 trillion in 2020. It will equal 14% of entire retail spending for 2020. Similarly cryptocurrency user base has come up to almost 6 million unique users now. That figure doesn’t include the wallets held by exchanges. Between ETC and ETH alone there are 31 million unique wallets. Cryptocurrency market capital exceeded $160 billion last year. Such is the size of market, CashBag will be working on.
Token Use Cases:
The CBC tokens can be used to pay for advertising in the platform. Early adopters of the token enjoy US equivalent guarantee on their investments.
CashBag members can earn incentives through CBC tokens. They earn tokens per every transaction and purchases from participating merchant within the CashBag platform.
Members can earn CBC tokens for sharing content in form of news stories, videos, product launches etc… End user too benefits from viewing and engaging on content.
These are the Token sale details:
Token sale starts on March 12th 2018. The tokens can be used in many commercial, end user apps. The coins are referred as CBC tokens, short for CashBag coins. The presale is open right now. 40% bonus is available during presale. The first week starting from 12th of March 2018, entitles you to 20% bonus. The second week and third week of token sale comes with 15% and 10% bonuses. Devoid of any bonus the price equation stands 6000 tokens per ETH. The CBC coins can be used for trading, advertising costs, transactions, card payments, wallet payments, rewards and more.
Important Links:
Please find the important links related to the project below and stay updated:
Website: https://tokensale.cashbag.co/
Whitepaper: https://tokensale.cashbag.co/documents/CB_Token_Sale_Whitepaper.pdf
Twitter: https://twitter.com/CashBagco
Facebook: https://www.facebook.com/Cashbag.co/
Telegram: http://t.me/cashbag
Linkedin: https://www.linkedin.com/company/cashbag.co.za/
My Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=1308233