CryptoBharatCoin Crypto Coin Rank 2326
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Full Name
CryptoBharatCoin
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ICO Status
CryptoBharatCoin ICO Details
Fund Raised (BTC)
25,059,841 CBC tokens sold
Start Price (USD)
0.000166666666667
Security Audit Company
International Cyber Security Protection Alliance
ICO Legal Form
Corporation
ICO Jurisdiction
South Africa
Legal Advisers
Adams & Adams Inc
CashBag is a blockchain-based platform for instant settlement and micropayments of cash back rewards. The platform will use the Ethereum blockchain to provide an instant settlement platform with low transactions costs and a reward system that helps shoppers to earn cash back and secure discounts on any online purchase.
CashBagCoin is an ERC-20 compliant token, that will serve as the utility token on the platform.
Team:
- Jonathan Miller: Co-founder / CEO.

- Kirsty Henderson: Co-founder / Business Lead.

- Eugene Benade: CO-CTO / Software Development.

- Nicolaas Venter: CO-CTO.

- Jonathan Meanwell: CMO.

- Divan Bower: User Communication & Messaging.

CashBag will be holding its ICO on the 12th of March, 2018. The ICO token supply represents 33% of the total token supply, so there will be a total of 120,000,000 tokens available, for 0.0001666 each during the offering. The ICO funding target is $500,000, the funding cap is $30,000,000 and is expected to end on the 9th of April, 2018 or when the funding cap is reached.
Token Reserve Split (67%):
- 4% Token sale costs;
- 45% Member incentive pool;
- 18% Liquidity reserve;
CashBag ICO will feature a bonus program and a bounty campaign, and the token will not be mineable.
Bonus Structure:

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