CashBag (CBC)ICO CashBag.co is a cash back rewards aggregator that enables consumers to secure discounts and cash back for shopping and transacting online at thousands of participating global merchants. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
|
What is CashBag
CashBag is issuing a token sale to enable it's Advertisers to pay for advertising and consumers to earn tokens as rewards for transacting through CashBag.
Utilizing blockchain transaction authentication & smart contracts CashBag will revolutionize its transactional capability & enable instant settlement, disrupting the market and speed up consumer payments.
DetailsPublic sales: Mar 12, 2018 - Apr 09, 2018Token supply: 120000000 Hard cap: 30,000,000 USD Raised: 3,010,478 USD | Token infoTicker: CBCType: Utility-token Token standard: ERC-20 Token price in USD: 1 CBC = 0.11567876 USD Token price in ETH: 1 Token = 0.000166 ETH Accepted currencies: ETH Bonus program: PRESALE: 40% Bonus: 1ETH: 1680 WEEK 1: 20% Bonus: 1ETH: 1440 WEEK 2: 15% Bonus: 1ETH: 1380 WEEK 3: 10% Bonus: 1ETH: 1320 WEEK 4: NO BONUS: 1ETH: 1200 Token distribution: 33% - ICO 46% - CashBag Member Incentives 3% - Token Sale Costs 18% - Liquidity Reserve Funds allocation: 36% - Software Development 32% - Sales & Marketing 11% - Operations 9% - Legal 12% - Reserve Fund |
CashBag Roadmap
Core CashBag.co Application Development and Alpha MVP
BizDev secures initial +100 merchant partners
Beta development & live site launch.
CashBag Soft Launch South Africa
Organic growth to 180 merchants
Development Continues
Platform supporting Multicurrency Wallet Development
Desktop toolbar Development
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.
Token sale architecture & smart contract development including token buyer/member wallet launch.
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 withdrawals.
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)
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)
Launch Debit Card
Launch linked Debit Card in US Market, with other markets to follow
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.
Add Social Tools, enabling direct peer-to-peer (member-to-member) communication & transactions, including gamification elements to drive adoption, usage and social sharing of the platform, merchants and products featured on it.
As cashbag evolves we envision the service becoming an invaluable and trusted part of members everyday life.