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#Finance All projects

CashBag: Earn cash back and secure discounts on just about any online purchase

The platform for instant settlement and micropayments of cash back rewards

stage Ended crowdsale

Team

10
man Jonathan Miller

CO-FOUNDER / CEO

Classically trained in Sales & Marketing, self-taught software developer with strong creative / marketing flair and a thorough understanding of Finance.
Jonathan has developed innovative software technologies and services for the global performance marketing industry and his patent on digital performance based marketing methodologies was bought by Google.
As a serial investor he has been involved in two successful JSE IPO’s and consulted widely to companies in South Africa, UK, USA and Canada to develop their go-tomarket
strategies.
Jonathan collaborated on several OTC Listings, successfully negotiated and secured early stage, mezzanine and Venture Capital funding for these businesses.

man Kirsty Henderson

CO-FOUNDER / BUSINESS LEAD

Experienced eCommerce specialist and strategist, project coordinator and general manager, with over 8 years of experience in the eCommerce industry. Kirsty’s focus has been on developing, implementing and managing various digital projects in South
Africa, including the South African eCommerce Awards.
Currently a General Manager in a management position at CashBag, where she holds responsibility for the full business unit function - key responsibilities include general operations, new product development, marketing and client services, well as contributing to business decision making.
She is an eCommerce expert and can consult on digital marketing strategy as well as strategies for building strategic business partnerships and affiliate networks.

man Eugene Benade

CO-CTO / SOFTWARE DEVELOPMENT

Eugene is a full stack developer specializing in PHP, JavaScript / JQuery, HTML & CSS with over 12 years’ experience in UX design and a passion for learning new technologies. Eugene led the development of the CashBag project and has an innate understanding of the technologies and underpinning systems. Eugene is now working on the migration of our advertiser and settlement systems to blockchain.

man Nicolaas Venter

CO-CTO / SYSTEMS ENGINEERING & SOFTWARE DEVELOPMENT

With an IS(Eng.) & IAD(Comp Studies) diplomas and over 10 years of experience in IT & Development, Nicolaas has worked on many different types of projects from REST API integrations to Call Centre applications. He is a full stack developer and has focused for the last year on blockchain with a specialization in solidity.

man Jonathan Meanwell

CMO / BUSINESS DEVELOPMENT & ADVERTISER SALES

With over 20 years’ experience in Sales and business development, 10 years working within the online space and 5 years heading up operations.
Currently heading up sales & operations in the African and international markets for OfferForge.
Jonathan is key to Cashbag’s success, he is a visionary who is results driven, he loves to solve business problems and streamline operational processes. With a proven track record, not only in digital marketing strategies and new business development,
Jonathan also has the ability to recognize his client’s needs, developing solid relationships and always deliver.




Crowdsale details

Budget allocation
  • Software Development (36%)
  • Sales & Marketing (32%)
  • Operations (11%)
  • Legal (9%)
  • Reserve Fund (12%)
Details Indicators
Token Symbol CBC
Full Token Name CashBagCoin
Pre-crowdsale Start March 1st, 00:00 GMT+03:00
Pre-crowdsale End Hard cap is reached or March 11th, 00:00 GMT+03:00
Pre-crowdsale Hard Cap Fixed, 20000000 tokens
Crowdsale Start March 12th, 00:00 GMT+03:00
Crowdsale End Hard cap is reached or April 30th, 00:00 GMT+03:00
Crowdsale Hard Cap Fixed, 8000 ETH
Domain registration date 2016-11-22
Domain owner Domain Administrator, Forge Media Investments, PO BOX 67788 highveld, centurion, SOUTH AFRICA

Cost of the token

6000 tokens for 1 eth

Price without discounts

Bonuses

Crowdsale
Bonus Dates Minimum purchase amount
20% March 12 — 18, 2018
15% March 19 — 25, 2018
10% March 26 — April 01, 2018

Accepted currency

  • Ethereum


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FAQ

FAQ

WHAT IS A CBC TOKEN?

CBC tokens are a new Blockchain based digital token based on the Ethereum technology and is ERC20 compliant.

DOES THE TOKEN REPRESENT OWNERSHIP IN CASHBAG?

No, the token does not confer ownership or any rights associated with investment. The token is redeemable against advertising services on CashBag or freely tradeable.

WILL THERE BE A FOLLOW-UP OFFERING?

No. We will not have a follow up offer and no additional tokens will ever be created.

IS THERE AN ESCROW ACCOUNT?

No. We’re an existing revenue generating & profitable company, already have integration partners and a team of software engineers. The crowdsourcing funds will be used to advance our timeline to grow our existing business.

WHAT AMOUNT IS BEING RAISED?

We will sell a maximum of 120,000,000 CBC Tokens. Once our goal has been achieved the crowdsale will end.

WHAT CRYPTO-CURRENCIES ARE ACCEPTED IN THE CROWDSALE?

ETH is the only acceptable token.

You will be required to have an Ethereum wallet pointed at the token crowdsale address to participate in the initial sale. CashBag tokens are Ethereum derived tokens and comply with ERC20 standards.

If you hold Bitcoin or some other crypto-currency, you can exchange it for ETH and use it to participate in the crowdsale. Please do not send coins from an exchange, or they may disappear.

ARE CASHBAG TOKENS TRANSFERABLE?

Yes. Once the crowdsale ends you may trade or send tokens to any ERC20 compliant wallet. Exchanges may list the token.

Tokens will also be redeemable for products and services through CashBag’s advertising interface and integration partners.

ARE CBC TOKENS SECURITIES?

No, CBC tokens are not securities, they are a token used to purchase goods and services. CBC tokens are non-refundable. CBC tokens are not for speculative investment. We do not make any promises of future performance or value with respect to CashBag, including no promise of inherent value and no guarantee that CBC Tokens will hold any value.

CBC tokens are not participation in the Company and CBC tokens hold no rights in said company. CBC tokens are sold as a functional good and all proceeds received by Company may be spent freely by Company absent any conditions.

CBC tokens are intended for experts in dealing with cryptographic tokens and blockchain-based software systems.

WHAT IS THE PRICE OF THE CASHBAG TOKEN?

CBC tokens during the crowdsale will be on a fixed ratio to ETH. Once the crowdsale is completed, the value of CBC tokens will be determined by supply and demand on the open markets. The initial exchange rate will be 1 ETH:6000 CBC + Bonus.


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