If you frequently shop online, then CashBag is perfect for you. If you want to sign in and be one of the CashBag members, it’s totally free and easy. After signing up, you will be assigned a wallet where you can add tokens.
What is CashBag?
It is a tool that can be accessed through desktop or application that enables a savvy shopper to earn rewards with just any purchase that he or she makes. As rewards programs are becoming popular, the need to get rebates when shopping online has become the in thing to do. Loyalty programs, coupons, discounts, incentives, reward points in many shopping malls have attracted many customers to sign up and become a member. CashBag earns its revenue by partnering with a lot of merchants around the world. CashBag gets a part of the revenue that comes from members who purchase a product to a partner merchant.
The Ethereum blockchain is used for settlement in CashBag transactions. Blockchain is very convenient since it is decentralized. It means that there are no third parties who need to check the transactions which can make the rebate process slower than the average processing time. The costs are lowered since there is no other third party that needs to be paid. The records are immutable since they are part of the blockchain and they can be accessed by anyone around the globe. The customers can gain CashBag tokens when they advertise or they transact with affiliated merchants online. The tokens that the customers will earn can be used to purchase merchandise, can be traded to other currencies or can be exchange to fiat money. Incentives that are sponsored by CashBag can be earned by members who advertise, shop, share, and do other activities in the CashBag platform.
As of the moment, CashBag has issued 120 million coins in its initial coin offering. It expects the price to increase since there will be no more CBC coins to be released in the future. The value currently stands at 6,000 tokens per Ethereum. Tokens that are powered by Ethereum can work seamlessly around the globe. Smart contracts are used to interact in the Ethereum network because it is adaptable, stable and immutable. You can trade, earn, and own tokens without necessarily studying the mining, and technology of cryptocurrencies. CashBag members earn cash when they make a transaction. That transaction will be recognized by our technology as one that needs to have cash back. Currently you will earn 10 percent for every dollar that you spend.
If you are a merchant who frequently advertises, you can use CashBag tokens to pay for your advertisements. The token value will definitely increase as more people need to use the platform. If you do active participation during product launching, and advertisements, you will be able to earn CBC tokens. The tokens are ERC20 compliant so you can send the tokens to other wallets around the world. In addition to this, for easy payments, you can link your VISA or Mastercard so that you can purchase at real world merchants using your CBC tokens. Currently, the tokens are still for sale.
You can get more information at https://tokensale.cashbag.co.
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