Cashbag is designed to solve some of the biggest problems with the cash back offer – the cut and the high rate. A lot of people don’t really care about the cash back offer because they know it would be useless. But with this platform, buyers can enjoy the maximum benefits from the offer and they can seriously collect money from it.
Cashbag and Its Way to Solve Cash Back Problems
Everyone loves shopping – well, most of us do. And when you can get discount offer, won’t you like it even more? Cash back is almost the same as a discounted offer. When you buy something – let’s say that the price is $25 and you get $5 cash back offer, it means that you only spend $20 for the item. Not so bad, huh?
But the problem with most cash back offers is the high rate of the cut. The bank fee, for a starter, will reduce your money. From $5, it is possible that you only get $4.5 or even only $4 because the 50 cents or $1 will be cut for the bank fee.
And let’s not forget the complication of redeeming the cash back card or ticket. Some merchants may not accept the tickets. Some merchants may require the complicated and long process to redeem the cash back. All of those hassles don’t seem to worth the efforts.
With Cashbag, all of those issues will be solved. You see, this platform is working together with merchants and they have made their own agreements. Every member is encouraged and allowed to connect to each other.
However, when you buy something from the participating merchants, you will get the cash back offer. And it is the Cashbag that manages the cash back deposit to your wallet, so you don’t have to worry that the merchant may cheat on you. Every transaction is recorded in this platform because it is using blockchain and smart contract system.
As you can see, there are some benefits that you can enjoy from this platform. First of all, there won’t be any bank fee or extra charge or whatsoever, so your cash back offer will be intact. Second, Cashbag will be the third party that automatically manages the cash back, so everything is fair and square.
Tokens Usages
Around 367 million of CBC tokens will be released for this platform, but 120 million of them will be priced at around 6000 CBC tokens for 1 ETH (it is mostly designed for the final stage of the public sale). If you are looking for a chance for investment, it should be your best chance.
From 367 million tokens, the sale events will be divided into 5 stages, and each of them will have its own bonuses and price. For instance, during the pre-sale event (which unfortunately has ended), the price for 1 ETH is set around 8400 CBC and the bonus is 40%.
Right now, the third stage of public sale is open, with a price around 1 ETH is equal to 6600 CBC and 10% bonus. The last sale event of Cashbag is planned for lunch on April the 2nd 2018 with no bonus and the price is 1 ETH is 6000 CBC.
