CashBag.co is a transactional cash back aggregator that rewards customers with cash back when they shop at participating merchants. 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.
PURPOSE OF THE TOKEN
The purpose of the token sale is to enable instant settlement of cash back rewards by leveraging the Ethereum Blockchain for settlement. There are several distinct advantages to implementing ERC20 tokens for instant settlement, including lowered cost of operations, immutable record keeping and global reach and adoption.
THE TOKEN SALE
CashBag will accept CBC tokens for CashBag advertising services at the minimum issue price of 0,000166666 ETH
per token (6000 tokens / ETH). Utilizing blockchain transaction authentication & smart contracts CashBag will revolutionize its transactional capability, enable instant settlement, disrupt the market and speed up consumer mass adoption.
CashBag members can request / send CBC between members and pay for services on the platform. The wallet is ERC20 compliant so funds can be transferred out of our ecosystem and used in other wallets.
There will be a total of 367,000,000 tokens. A maximum of 120,000,000 will be sold at 1 ETH:6000 tokens.
During the presale send Ethereum (ETH) to the presale address to secure your tokens and bonus. Tokens will be allocated after the crowdsale is completed. During the crowdsale, tokens are purchased by sending Ethereum (ETH) to the smart contract address. Once received the smart contract will send tokens to your wallet. Support for advertiser redemption & trading directly within the CashBag platform will also be added. Will be created 367,000,000 CBC tokens. No additional tokens will ever be created.