CashBag platform

Table of contents:

1. CashBag platform
2. Goal
3. Benefits
4. Problems and solutions
5. How does it work
6. ICO Details
7. Conclusion

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CashBag platform

CashBag is an aggregator of cash reward that allows consumers to receive discounts and cash for purchases and make transactions online in thousands of participating global merchants.

Many small and large sellers, online stores or retailers use such a scheme of stimulation of consumer interest, as a cache-back is when a part of the value of the purchased goods is returned to the buyer as a bonus. Theoretically, everyone benefits from this scheme: buyers eventually buy goods at a reduced price, and sellers get satisfied, loyal customers who are ready to recommend them to their friends or friends.

Goal

The CashBag project is focused specifically on this scheme of stimulating consumer demand, it plans to make cash-beaks a common practice - even more convenient, affordable and transparent. The CashBag platform is a large-scale transactional cash-back aggregator that rewards its customers with a cash-whack when they make purchases from trading partner companies.

Benefits

Participants receive prize money when making online purchases from participating sellers.
Participants can earn CashBag-sponsored promotions depending on their activity, the volume of transactions and the social distribution platform.
Participants can choose whether they receive a refund in the original currency or convert the payment at market prices. The platform uses ERC20 wallets.

Problems and solutions

The emergence of such a service as CashBag is economically justified and justified from the point of view of consumer activity, because the e-commerce market demonstrates tremendous growth. So, it is forecasted to grow from 1.095 trillion dollars in 2016 to 4.058 billion rubles in 2020. At the same time, the share of spending on goods of daily consumption is 14.6%, which is quite a lot.

On the other hand, there are statistics from the crypto-currency world: the number of crypto-currency wallets has increased, and in 2017 it was 5.8 million (not counting the stock purses). This suggests that many are quite ready to switch to crypto-currency settlements, use tokens or other digital coins in everyday life. It is with these two "matters" that the CashBag service will work.

As we said, CashBag is an aggregator of cash-beaks, allowing consumers to receive discounts and bonuses for purchases in thousands of outlets and retailers. Each transaction made will bring real money to the buyer, which will accumulate in his personal wallet, and which, if necessary, can be converted into fiat, tied to a bank account or PayPal system.

CashBag technology will allow its users to earn, own and even trade tokens, without requiring them to understand the features of the crypto currency and special knowledge - everything will be simple and easy. Such ease will allow tokenize the sphere of electronic commerce and will provide its real value.

Key features of the CashBag platform:

1. The service tokens will be compatible with the ERC20 standard;
2. The site is available for the conversion of Fiat into the crypt;
3. Your rewards can be accumulated or used for their transfer of instant transfers;
4. On the platform, the option "purchase of advertising" is available;
5. On the service it will be possible to perform manipulations with other purses compatible with the ERC20 standard.

In addition, the platform will use blocking technology, smart contracts and a transaction authentication mechanism, which will ensure an instant settlement of the e-commerce market.

How does it work

It's as easy as downloading an application to your mobile phone or getting a desktop version for your personal computers and laptops. Once this step is completed, you will be notified and the process will be activated. You start getting a reward for every purchase you make online.

Perhaps you are thinking, what is the point for Cashbag, is not it? Or how Cashbag manages to do all this for consumers. In fact, this is the contract that Cashbag has with thousands of sellers around the world. This contract allows the team to create coupons that work as a reward when the consumer trades with these particular traders. Each successful transaction leads to rewards, and Cashbag applications are for managing and reporting your overall savings.

The application works exclusively for consumers, and there is no reason not to use it, perhaps the application is one of the best innovative ideas of this year. If you want to take this opportunity, just go to Cashbag.co and register.
CashBag (CBC), a token, is based on Ethereum, it is one of the main element of their market.

Ethereum is an open source, block-based, distributed computing platform that targets intelligent contracts. In fact, Ethereum is a distributed virtual machine that allows end users to create intelligent contracts for transactions.

ICO Details

Token: CBC
Platform: Ethereum
Price: 1 ETP = 6000 CBC

The CBC token, created on the basis of the Ethereum blockbuster, will be used to allow users to receive a reward for making purchases through the site, and sellers to instantly transfer the reward for purchases. Also tokens are used as a means of reward for viewing advertising on the site and advertisers will list them directly to users. On the ICO tokens rating page, you can see other projects whose tokens are available for purchase.

The company will constantly increase the number of stores on the platform, seeking to give an opportunity to receive cashback for any online purchase. The project will receive income from payments from companies located on the site.

At the moment, the application platform for Android and IOS, as well as desktop extension is already available.

Conclusion

This platform is one that will allow consumers to earn all sorts of rewards when they leave feedback and all that on their range of social media retail platforms or on its storefronts and it was said that this is an interesting concept.

1. An interesting concept that has real potential
2. The possibility of a short-term and long-term outlook for the return on investment
3. Wide dissemination and worldwide circulation
4. It is very easy to understand the technical concept

More information can be found here:
1. WebSitе
2. Whitepaper
3. Telegram
4. Bitcointalk
5. Twitter

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