What is cash back?

Cash back firmly part of our lives. On the Internet and on television is full of ads, and the banks offer us cards with return of cashback. Let’s see exactly — what is cashback? This is a return of this money for the orders committed on the Internet in the partner stores, or from the use of credit card loyalty program.

Due to the huge competition in the market of goods, stores are trying to attract more people to buy from them. What can entice the customer? Of course, discounts and bonuses! So they came up with a workable system — returns money .

Look, you buy a product at a discount, and the money that you have saved, not really felt. But if you have purchased and then returned to you on the part of the bill, it is quite another matter!

What is Cashbag.co?

Retail ecommerce sales will increase from $1.095 trillion in 2016 to $4.058 trillion in 2020, making up 14.6% of total retail spending in that year . Unique cryptocurrency wallet user base has grown to over 5.8 Million unique users in 2017, Between Bitcoin and Ethereum alone there are over 31 Million unique wallets and the total cryptocurrency market capitalization exceeded $160 Billion in October 2017.

CashBag.co (CashBag) is an online cryptocurrency related platform that gives you a cashback every time you purchase something online, it has a systematic way of doing so. Which means now you can earn rewards on every online purchase and there are no limits either, no conditions at all.

CashBag depicts itself as “the money back digital currency.” It resembles a prizes program that helps sagacious customers spare cash.

CashBag is a transactional cash back aggregator that rewards 135,000 customers with cash back when they shop at over 500 participating merchants including some of the most loved brands in the world!

CashBag is fast growing business with a proven business model in a recession proof market which is worth over US$3 Trillion.

How Does CashBag.io Work?

СashBag is more than just a blockchain enabled cashback site, it's a community with over 135,000 members. CashBag gains income by banding together with many traders around the world. These shippers all consent to share income in light of exchange salary produced by CashBag online customers. By specifically incorporating with retailers, CashBag can report exchanges progressively, giving moment cashback investment funds to its individuals.

As a client, you win a money remunerate when shopping on the web at taking an interest merchants.These money rewards are paid by the shipper and followed by CashBag through its business joining framework with every trader.

New individuals can get their reward in monetary standards like USD, EUR, AUD, GBP, and ZAR, with help for more fiat monetary standards coming later on.

How Do CashBag Coins (CBC) Work?

CashBag intends to utilize tokens to achieve the accompanying objectives:

Make a consistent ordeal and worldwide prizes program for individuals
Give a straightforward, natural, simple to-utilize framework for following prizes and income
To make straightforwardness and responsibility with consistent, prompt execution
To eliminate cost and time

CBC tokens will likewise encourage the utilization of Ethereum brilliant contracts on the CashBag stage. These savvy contracts will be utilized to represent all exchanges, making a changeless record of everything that happens between traders, CashBag, and clients.

Clients can get their cashback in CBC tokens or in their neighborhood fiat money. As said above, CashBag at present backings real monetary standards like EUR, USD, and AUD.

In the event that you get CBC tokens, at that point you can store your investment funds in the CashBag ERC20-agreeable wallet.

What Can You Do With CashBag Coins (CBC)?

A portion of the center highlights of CashBag Coins include:

Plastic: CashBag will make a VISA/MasterCard that can be connected to your CBC wallet, enabling you to spend your adjust anyplace you can utilize a customary charge card.
Wallet Transactions: You can flawlessly send CBC to and from your wallet. You can exchange it to different clients, store it as a long haul speculation, or offer it for other crypto and fiat monetary standards.
Pay for Advertising on CashBag: Users can pay for publicizing on the CashBag stage utilizing CashBag Coins.
Gamification: Members can gain CBC tokens for connecting with curated substance and recordings on the CashBag stage.

The CashBag Token Sale

CashBag is issuing an aggregate of 367,000,000 tokens. A most extreme of 120,000,000 will be sold amid the ICO at a rate of 1 ETH = 6000 tokens.The pre-deal is in progress all through January and February 2018. The fundamental token deal, in the interim, is planned for March 12 to April 2, 2018.