Cash Bag – Blockchain Based Platform for quick settlements & Instant Rewards

in #bitcoin7 years ago

Hello,

Introduction : -

CashBag is a Blockchain powered platform which helps the users to receive the cash back rewards and discounts while they are shopping online. CashBag platform can be used by anyone from any part of the world for getting the guaranteed cash back rewards and discounts for online shopping.

CashBag is a decentralized ecosystem with hundreds of merchants as partners planet-wide and the number of merchants is increasing enormously day by day. For the transactions made by the members through CashBag platform, CashBag platform and the partner merchants have an agreement to pay the cash back rewards instantly to the members of the CashBag platform.

Cashbag.png

CashBag platform has an android application and a desktop supporting app which enables the members for the alerts from the merchants to save and get cash back rewards on shopping online.

Traditional Cash Back Model : -

Most of the people today are well known for this traditional cash back model and facing the problems like : -

->Traditional cash back model is a time taking process.

->Traditional cash back model is the cost-effective process.

->Bank charges make it impossible for getting the cash back rewards.

->Most people spend their cash back reward on the processing fees.

CashBag platform Solution : -

Cash2.png

CashBag platform is designed in such a way that, the platform’s settlement engine with the ETHEREUM Blockchain provides an instant settlement environment enables the micro-payments of the members immediately without any processing fees and other hidden charges.

Cash Bag Platform’s Token Sale : -

->Cash Bag Platform’s token is called as CBC token (CashBag Coin).

->CBC token enables the user for storing the CBC tokens in the platform.

->CBC token enables the user for transferring the tokens.

->CBC token enables the user to redeem the tokens within the CashBag environment.

The total number of CBC tokens for distribution in the sale will be – 367,000,000 CBC tokens.

Cash Bag Platform’s Bonus for purchasing CBC Tokens : -

cash3.png

Presale : -

->Bonus on purchasing CBC Tokens - 40% bonus.

->Price for purchasing CBC Tokens - 1 ETHEREUM – 8400 CBC Tokens.

->The maximum number of CBC Tokens purchase during the presale – 2000 ETHEREUM worth CBC Tokens.

First Week : -

->From 12/03/2018 to 18/03/2018.

->Bonus on purchasing CBC Tokens - 20% bonus.

->Price for purchasing CBC Tokens - 1 ETHEREUM – 7200 CBC Tokens.

->No limit.

Second Week : -

->From 19/03/2018 to 25/03/2018.

->Bonus on purchasing CBC Tokens - 15% bonus.

->Price for purchasing CBC Tokens - 1 ETHEREUM – 6900 CBC Tokens.

->No limit.

Third Week : -

->From 26/03/2018 to 01/04/2018.

->Bonus on purchasing CBC Tokens - 10% bonus.

->Price for purchasing CBC Tokens - 1 ETHEREUM – 6600 CBC Tokens.

->No limit.

Fourth Week : -

->From 02/04/2018.

->No Bonus.

->Price for purchasing CBC Tokens - 1 ETHEREUM – 6600 CBC Tokens.

->No limit.

Utilization of Crowd Sale CBC Tokens : -

->36% of the total CBC tokens will be utilized for the CashBag Platform’s software development.

->32% of the total CBC tokens will be spent on Sales & Marketing.

->11% of the total CBC tokens will be used for the CashBag Platform operations.

->9% of the total CBC tokens will be utilized for the legalization of the project.

->12% of the total CBC tokens will be kept as a reserve fund.

Total Number of CBC Tokens : -

->The CBC tokens available for the initial token sale – 120,000,000 CBC tokens.

->CashBag Platform’s member incentives – 170,000,000 CBC Tokens.

->Token sale costs – 12000000 CBC Tokens.

->CashBag Platform’s Liquidity Reserve – 65000000 CBC Tokens.

cashbag4.png

For More Information Please Visit : -

Website

WhitePaper

Telegram

Facebook

Twitter

LinkedIn

Information Source-->A,B

All Image Source-->C, D

Thanks And Regards,
@yuvadeep

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Wow! Great info....But do you think that people use this app or token for transaction purpose ??. Cryptos value fluctuates a lot and if I have CBC tokens worth 20$ today , I don't want them to be 15$ tomorrow. Is something written about this in their white paper?

Thank you and yes i think people will use Cashbag(CBC) token for the transaction, the main purpose of this project is to let people use CBC token for transactions. Crypto value fluctuates but there are lots of pros and cons if the price goes up or goes down vice versa. Thank you @kpreddy and please read the whitepaper for more information.
Whitepaper - https://tokensale.cashbag.co/documents/CB_Token_Sale_Whitepaper.pdf

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