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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.

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Overview

Project industryMarketing & Advertising
Product typePlatform
WhitepaperCashBag White Paper Open

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.

Details

Public sales: Mar 12, 2018 - Apr 09, 2018
Token supply: 120000000
Hard cap: 30,000,000 USD
Raised: 3,010,478 USD

Token info

Ticker: CBC
Type: 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

1
2014 - 2015

Core CashBag.co Application Development and Alpha MVP

BizDev secures initial +100 merchant partners

Beta development & live site launch.

2
2016

CashBag Soft Launch South Africa

Organic growth to 180 merchants

Development Continues

Platform supporting Multicurrency Wallet Development

Desktop toolbar Development

3
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.

4
Q4 2017

Token sale architecture & smart contract development including token buyer/member wallet launch.

5
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 withdrawals.

6
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)

7
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)

8
Q2 2019

Launch Debit Card

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

9
Beyond

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.

Project team

Jonathan Miller
Jonathan Miller
CO-FOUNDER / CEO
Jonathan Miller linkedin
Kirsty Henderson
Kirsty Henderson
CO-FOUNDER / BUSINESS LEAD
Kirsty Henderson linkedin
Eugene Benade
Eugene Benade
CO-CTO / SOFTWARE DEVELOPMENt
Nicolaas Venter
Nicolaas Venter
CO-CTO / SYSTEMS ENGINEERING & SOFTWARE DEVELOPMENT
Nicolaas Venter linkedin
Jonathan Meanwell
Jonathan Meanwell
CMO / BUSINESS DEVELOPMENT & ADVERTISER SALES
Jonathan Meanwell linkedin
Divan Bower
Divan Bower
USER COMMUNICATIONS & MESSAGING
Divan Bower linkedin
Maggie Benson
Maggie Benson
USER EXPERIENCE & FRONT END DESIGN
Maggie Benson linkedin
Ryan MacGeoghan
Ryan MacGeoghan
ANALYTICS AND DATA SCIENCE
Ryan MacGeoghan linkedin

Advisors

Marc Kenigsberg
Marc Kenigsberg
EXTERNAL ADVISOR
Marc Kenigsberg linkedin
Boyan Josic
Boyan Josic
EXTERNAL ADVISOR
Boyan Josic linkedin

Social media

CashBag web-siteCashBag RedditCashBag TelegramCashBag BTCTalkCashBag TwitterCashBag FacebookCashBag Github

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