CashBag.co - The Cash Back cryptocurrency

Retail ecommerce sales will increase from $1.095 trillion in 2016 to $4.058 trillion in 2020, making up 14.6% of total retail spending in that year .
Between Bitcoin and Ethereum alone there are over 31 Million unique wallets and the total cryptocurrency market capitalization exceeded $160 Billion in October 2017. These trends prove that the adoption of tokens and cryptocurrency as a unit of stored value is rapidly becoming mainstream.

OVERVIEW OF CASHBAG

HOW IT WORKS?
CashBag it’s a tool that helps savvy, savings conscious shoppers earn cash back and secure discounts on just about any online purchase. It’s used by active online shoppers, businesses and just about anyone that’s interested in saving when shopping online.
Our average basket value around $80 AUM (active user monthly), escalating by 100% during the first 8 months of 2017.
Shopping frequency is increasing with our core users transacting 2 – 5 times monthly.
Our audience is spread across all economically active ages, 53% Female / 47% Male though higher value consumers are clustered in 26 – 50 age range.

ETHEREUM AS A PLATFORM

We set out to create a more seamless experience for our members, enabling them to earn rewards globally from thousands of participating merchants using our simple and intuitive website, coupled with an easy to use interface to track their rewards and earnings.
Benefits:
Seamless experience, enabling members to earn rewards globally
Simple, intuitive & easy to use - tracking own rewards & earnings
Transparency & accountability with seamless immediate execution
Cut down on cost & time
Ethereum has created an ecosystem where everything works together seamlessly using tokens to power the network. Ethereum based tokens allows exchanges, crypto wallets, and smart contracts to know in advance how any new tokens will interact on the system.
In addition, ERC20 defines six the functions that allow other smart contracts to interact within the Ethereum network creating an immutable transactional environment.

ROADMAP

2014-2015:
Core CashBag.co Application Development and Alpha MVP
BizDev secures initial +100 merchant partners
Beta development & live site launch

2016:
CashBag Soft Launch South Africa
Organic growth to 180 merchants
Development Continues
Platform supporting Multicurrency Wallet Development
Desktop toolbar Development

Q1 — Q3 2017

STAGE 1
Targeted Customer Acquisition
(EMEA / USA / APAC)
Investigate high yield focus markets for expansion
marketing plan
Android App Launch
Merchant base growth to +500
User adoption growth to 130,000 members
Scale staffing, systems and business processes
Planning for product evolution to decentralized
architecture and blockchain implementation
Tokenonomics finalization & implementation research
Build MVP advertiser smart contracts
Q4 2017
Token sale architecture & smart contract development including token buyer / member wallet launch
Q1 2018
Advertiser Transactional Advertising & Member Wallet Integration
Launch Advertiser Self Service Portal including wallet enabling token-to-advertising transaction processing and currency = CB swaps through smart contracts
Launch expanded member interface showing token values, cash and cash equivalent values and tools for executing swaps, redemptions and withdrawalsъ

Q2 2018
MarketPlace & Core Market Expansion
Launch CashBag marketplace, integrating merchant data feeds with 150,000 distinct products
Launch AI Natural Language UX independent shopping assistant
STAGE 2
Targeted Customer Acquisition
(EMEA / AUS / NZ)

Q3 2018
Native Ad Engine
Launch ad engine including audience targeting, ad creation and redemption of CBC for advertising spend using smart contracts to execute advertising buys on the platform
STAGE 3
Targeted Customer Acquisition (US / CA)

Q2 2019
Launch Debit Card
Launch linked Debit Card in US Market, with other markets to follow

TOKENS ARE REFERRED TO AS CBC (CashBag Coins)

There are several commercial and end user applications for the token. Depending on the user requirements, the token can be used either to store or transmit value or redeem for services within CashBag.

AS FEATURED ON

THE TEAM

CONCLUSION
CashBag.co is a great opportunity to extend marketplace to enable members to list and sell their own goods in a secure, high trust environment using smart contracts to execute and guarantee transactions and delivery.
CashBag.co has partnered with hundreds of global merchants and continues to onboard new merchants daily. These merchants all agree to share revenue based on transactional income generated by CashBag online shoppers. Through our direct & network integrations with the merchants we’re able to report transactions in real-time and accrue cash back savings for our members.

WEBSITE: https://tokensale.cashbag.co/
WHITEPAPER: https://tokensale.cashbag.co/documents/CB_Token_Sale_Whitepaper.pdf
TWITTER: https://twitter.com/CashBagco
TELEGRAM: https://t.me/cashbag
FACEBOOK: https://www.facebook.com/Cashbag.co/
LINKEDIN: https://www.linkedin.com/company/cashbag.co.za/
Author: https://bitcointalk.org/index.php?action=profile;u=1186365