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TRANSCRIPT
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Whitepaper
Cryptos Are Rewarding
First Cashback & Rebate Portal For Cryptocurrency
Community
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TABLE OF CONTENTS
1. Introduction
1.1 Foreword 4
1.2 Highlights of Company’s Ongoing Business 5
1.3 Company Background 6
2. CryptoCashbackRebate Explained
2.1 What is CryptoCashbackRebate? 7
2.2 The World Needs CryptoCashbackRebate: Here’s Why 7
2.3 Advantages of CryptoCashbackRebate Platform 8
2.4 Advantages of CryptoCashbackRebate Token (CCR) 9
3. Market Opportunity
3.1 What are Cashback, Rebate and Discount? 10
3.2 Market Overview 10
3.3 Challenges 13
4. Solution
4.1 Overview 14
4.2 Platform Participants 15
4.3 CryptoCashbackRebate Features And Benefits 16
4.4 How It Works? 18
5. Business Model 20
6. Development & Expansion Plan
6.1 Roadmap 21
6.2 Marketing Strategy 22
6.3 Expansion Strategy 22
7. Token Distribution
7.1 Overview 24
7.2 Bonus for Large Purchasers 25
7.3 Token Sale Structure 25
7.4 Token Sale Procedure & Allocation 26
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7.5 Use of Funds 27
7.6 Reasons to Participate in the Token Sale 28
8. Team 30
9. Contacts 31
10. Risk Factors 32
11. Legal Disclaimer 38
12. Sources 42
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1. Introduction
“Cryptocurrency has revolutionized the
digital transaction and value of assets
across the globe. We trust, each cent what
is saved can be reinvested and can help to
grow each market and economy faster.”
1.1. Foreword
CryptoCashbackRebate.com is a cross-platform common rewarding portal
for the crypto currency market. We offer a platform to reward investors
and traders via Cashback, Rebates and Discounts. Unlike many blockchain
startups, we already have an established business which goes beyond a
vision and a roadmap.
Our solution make the market more effective, with higher volume and
highest liquidity. Complete solution from CryptoCashbackRebate.com is a
big chance for all the investors to receive maximum from each of their
investment in the crypto currency market.
The goal of the CryptoCashbackRebate token sale (“Token Sale”) is to
grow our business into a multi-billion organization in cryptocurrency
market segment. We cannot achieve it without huge support from the
cryptocurrency community. Holding our tokens not only helps to build,
promote and run the organization but the investors are also entitled to
receive passive rewards in return.
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1.2. Highlights of Company’s Ongoing Business
Founded: Accounts Processed:
2014 50,000+
Clients: Cashback Paid:
30,000+ $250M
Headquartered: Team:
Hong Kong 10 people
*Stats from ForexCashbackRebate.com an ongoing business of Kapsus Technologies
Limited.
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1.3. Company Background
“In contrast to many other companies launching token
sales, we already have a functioning platform.”
We are a team of professionals having 7 years of experience in financial
markets and forex market environment. The company Kapsus
Technologies Limited was founded in mid-2014 in Hong Kong.
Being one of the most experienced financial market affiliate, we not only
have helped open accounts for more than 30,000 clients but we have also
proven our capability in delivering a wide array of innovative solutions and
services that enabled financial institutions to scale up and amplify their
business activities.
Through our loyalty program at "ForexCashbackRebate.com" we offer
Cashback, Rebates and Discounts to forex traders which help them in
making substantial savings and even in increasing their profit potential.
In past 4 years we have helped more than thirty thousand traders and
companies to save. Around 250M US Dollars has been paid out as
cashback to the clients. Our service has also helped many of our high
frequency traders to make more than 50 % of profit.
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2. CryptoCashbackRebate Explained
2.1. What is CryptoCashbackRebate?
CryptoCashbackRebate.com is a streamlined crypto rewarding platform.
The common portal offers reward to investors and traders in the form of
Cashback, Rebates and Discounts.
The right way to help investors is by integrating all programs into the
platform and show how much and where they can save their money.
When we save this money for investors, they can reinvest the saved
money and make actual crypto currency market much more effective and
volatile.
Our solution make the market more effective, with higher volume and
highest liquidity. Complete solution from CryptoCashbackRebate.com is a
big chance for all the investors to receive maximum from each of their
investment in the crypto currency market.
The present crypto currency market is very competitive and it going to be
more within next few months. Competition is all-time a huge benefit for
an average buyer or seller as it helps him/her to get higher benefits from
his purchases or investments. For a client a good shopping is all-time a
very positive experience. Sellers make more from the positive client
experience. This leads to higher recommendation, more sales and higher
profit.
2.2. The World Needs CryptoCashbackRebate: Here’s
why
Cryptocurrency has revolutionized the digital transaction and value of
assets across the globe. Cryptocurrency market capitalization is now
around 450 billion USD. This market have the potential to grow several
trillion USD in next few years.
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Fragmented Market
Right now the cryptocurrency market is still very fragmented. There is a
lack of investment vehicles available to cryptocurrency holders. Currently,
they have the choice between holding cryptocurrencies and jumping from
one to another - directly or through some dedicated funds - or invest in
private equity/crowdfunding through Initial Coin Offerings (ICOs).
Investors as usually cannot find best offers available in the market. This is
a very hard time for small investors who are just starting in crypto
currency market. Difference in investment can be several % in fees only
and this can be of course difference between profit and loss.
Lack of Common Reward Program
At present there is no availability of a common rewarding platform for the
crypto currency market. The sector is much unorganized and a common
cross-platform loyalty/reward program for the crypto community is
missing.
2.3. Advantages of CryptoCashbackRebate Platform
A short list of advantages CryptoCashbackRebate.com will provide to all
parties as a service:
- Access to cashback, rebates and discounts from wide range of
Exchanges and ICOs
- Maximum return from each investment in crypto currency market
- Fast processing of withdrawal requests
- Strong, timely and friendly support
- Transparent and fair
- Exchanges & ICOs make good and positive impact on clients
- Big platform for advertisement and promotion for Exchanges & ICOs
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2.4. Advantages of CryptoCashbackRebate Token
(CCR)
A short list of advantages CCR token will provide to all parties:
- Safe and secure, based on Blockchain technology
- Receive passive rewards in return for holding the token
- Huge profit potential
- Fully tradable
- Each backer can be our client and receive cashback, this is double win.
Receive reward from tokens as well as earn cashback
- Plans for buying back the tokens in future by the company
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3. Market Opportunity
3.1. What are Cashback, Rebate and Discount?
They are a form of incentive offered to buyers of certain products and
services whereby they receive a cash refund after making their purchase.
It’s a way of rewarding the customers for their loyalty which leads to
overall positive buying experience.
The global cashback industry is estimated to be around $84 Billion and
growing. Cashback industry has a huge impact on ecommerce, online
retail strategies as it incentivizes that convince consumers to buy.
Combined B2B and retail e-commerce will hit $12 Trillion worldwide by
2020.
“Fun Fact: 64% of online consumers belong to a loyalty
rewards site”
3.2. Market Overview
1. Crypto currency is one of the fastest growing market with expected
capitalization around $450 Billion US Dollars.
2. Around 80% of traders, backers and investors are connected to
referrers but receive “Zero” from their commissions.
3. The current number of unique active users of cryptocurrency wallets is
estimated to be between 2.9 million and 5.8 million.
4. Between 5.8 million and 11.5 million wallets are estimated to be
currently ‘active’.
5. Daily average volume in cryptocurrency market is around $24 Billion US
Dollars.
6. All-Time cumulative ICO funding is estimated around $8.50 Billion US
Dollars.
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Bitcoin began operating in January 2009 and is the first decentralized
cryptocurrency, with the second cryptocurrency, Namecoin, not emerging
until more than two years later in April 2011. Today, there are hundreds of
cryptocurrencies with market value that are being traded, and thousands
of cryptocurrencies that have existed at some point.
The total cryptocurrency market capitalization has increased more than
25x since early 2017, reaching nearly $450 billion in March 2018.
The total cryptocurrency trading 24h volume has increased more than
194x since early 2017, reaching nearly $25 billion in March 2018.
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ICOs and token sales in the crypto sector have seen explosive growth. In
2017, more money has been raised in this market than through venture
capital or angel investments. All-Time cumulative ICO funding is
estimated to be around $8.50 billion dollars.
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3.3. Challenges
We are successfully running ForexCashbackRebate.com since 2014 and
within these 4 years we have helped open more than 50,000+ accounts
for our clients.
There are a couple of challenges we face sometime such as:
1. Gaining client’s trust and why he/she should open an account through
us.
2. Miscalculation or wrong information from the participating firm’s end.
3. Delay in payments from participating company.
4. Giving rewards to clients is a time consuming process.
5. Non-receiving of commissions due to disobedience of firm’s Terms and
Conditions from the client’s end.
CryptoCashbackRebate.com is designed to solve these problems and
make Crypto Rewards accessible and transparent, aiming to make crypto
market more profitable for all market participants.
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4. Solution
4.1. Overview
Our experience in solving difficulties and issues around cashback & crypto
currency industry has inspired us to create CryptoCashbackRebate.com –
the first cashback and rebate portal for cryptocurrency community.
Blockchain technology will simplify integration, reduce fraud and costs for
all market participants.
It will create a safe and transparent platform that will open opportunities
for thousands of crypto-firms all over the globe, increase target audience
outreach, retain & reward consumers in the most relevant and efficient
ways.
Streamlined Crypto Rewarding Platform - CryptoCashbackRebate.com is a
big chance for all the investors to receive maximum from each of their
investment in the crypto currency market.
CryptoCashbackRebate.com objective is to establish a cross-platform
common rewarding portal, where:
Traders and investors can easily receive cashback, rebate and
discount on their crypto-currency trading and purchases,
Crypto-firms can make a positive impression on their customers
without getting involved in issuing cashback to clients,
Traders and investors can choose from a wide range of exchanges
and ICOs,
Crypto-firms can extend their client reach through advertising on
the platform,
Participating firm pay nothing until the client makes business. This is
a real win-win situation for all participants. Happy company, happy
client.
All token holders, participating in platform development and growth
gain access to a passive income source where 100% of income left
after paying cashback to the client is distributed among all token
holders proportionally.
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4.2. Platform Participants
CryptoCashbackRebate.com will involve the following participants:
Clients (Traders & Investors)
Crypto-Firms (e.g. – Exchanges, ICOs)
Token Holders
CryptoCasbackRebate.com participant’s interaction:
CryptoCashbackRebate.com Platform
CryptoCashbackRebate platform allows clients (traders & investors) to
avail Cashback, Rebate and Discount for their cryptocurrency trading and
ICO investments.
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Clients
Clients are individual or corporate traders/investors who trade in crypto-
exchanges and/or participate in ICO.
Crypto-Firms
Crypto-Firms are those companies who either provide cryptocurrency
exchange services or offer ICO i.e. Crowd sale of their tokens.
Token Holders
Token holders are those individuals/corporate who participated in the
crowd sale of CryptoCashbackRebate Token (CCR).
4.3. CryptoCashbackRebate Features And Benefits
CryptoCashbackRebate.com will provide the following features to all
platform users:
1. Secure
User access is protected with 2-Factor Authentication which ensures
ownership and all communications are encrypted. Any changes if ever
required are verified with signed ethereum messages.
2. Fair & Transparent
All transactions takes over blockchain and hence the specific addresses
are displayed for public scrutiny.
3. Savings & Reduction of Fees
Cashback/rebates are paid on a monthly basis and can amount to very
substantial savings, always increasing a trader's bottom line and often
even making the difference between profit and loss. Cashback/Rebate are
also offered on ICO token purchases which can result in extreme savings
for investors.
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4. Quick Registration
Signing up at our platform is an easy two-step process where you have to
only verify your email id and submit your trading account details or
ethereum address that have been used for purchasing the ICO tokens.
5. Quick Support
All queries are quickly resolved by the experienced and strong support
team.
6. Quick Withdrawal
The cashback withdrawals are paid in a faster manner so that the user
can access the funds immediately.
7. Access to cashback from wide range of Crypto-Firms
Users can compare and choose their preferred firm from the extensive
list.
8. Privacy
No-KYC requirement for platform users. Your identity is protected.
9. Additional Way of Remuneration
Users can make a second line of income by referring clients to
CryptoCashbackRebate and hence make a percentage of cashback paid to
the referred users as income.
10. Positive impressions for Crypto-Firms
CryptoCashbackRebate.com will act as a big advertising and promotional
platform with huge user database and fast user reachability.
Rewarding clients always creates a good impression.
If a company shares a part of their profit with the clients, this is all-time a
very positive signal.
Client know, company wants to give him/her some more back than just
service. With the combination of good service, cashback and friendly
platform, seller all-time can be sure with positive experience and positive
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feedback from users. This is a very good reason why companies should
join us and offer this benefits for clients.
Good experience always lead to healthy marketing and recommendation.
11. Cost Savings for Crypto-Firms
Company and partners don’t have to pay till the client makes business
with them. This is real win-win situation for all. Happy company, happy
client.
4.4. How It Works
The frontend of CryptoCashbackRebate.com provides an easy-to-use and
friendly interface to search from the list of partnered Exchanges and ICOs.
User chooses a preferred firm and signs up with them using our referral
link.
The secured user area offers a clutter-free interface where the user can
add up accounts for verification as well as can set their payout methods.
They can also check their cashback balances as well as referral balances.
We are paid a commission from the marketing budget of the crypto-
exchange and ICO firms we represent for each trade or purchase placed
by a client we introduce to them, or who otherwise engages us as their
'referring agent'. We in turn keep only a portion of the commission and
pass much of it onto our client. Our clients get the same fees, spreads and
conditions as if they had opened an account directly with the exchange,
the only difference is a client that goes through us gets a cash
commission for every trade or purchase placed on their account.
When we establish a relationship with an exchange, they agree with us
that they will not increase client’s costs because they have opened with
us. They know if they did, our client’s would simply sign up with one of
their many competitors with whom we also have relationships.
In fact, because of our strength we often are able to negotiate tighter
rates with the provider.
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Our clients will receive exactly the same spreads, pricing, execution, and
service from the provider that they are currently used to. The only
difference is they get paid to trade.
Example: How much as usually a person can make from
cashback benefits
“You think, you don’t need cashback, because you are a
profitable crypto-trader? You will change your mind soon.”
Let’s take an average crypto-trader who make daily 5 trade in a day
trading setup with volume of 1 Bitcoin per trade.
Suppose the Cashback is around $8.00 USD per one Bitcoin round turn.
Then the trader receives daily $40.00 USD as cashback and if they trades
365 days in a year then they make 356x40 = 14,600 USD in cashback.
Can anyone really ignore this 14,600 USD? Most people sure no. For most
people this is really a huge amount what is lost every day in fees.
And now please think, how much is lost if the trader trades large orders
like 50-100 Bitcoins or equivalent in other alt coins. Yes, this is really a
large amount.
“Fun Fact: Around 80% of people are
connected with referrers, but receive ‘Zero’
from their commissions.”
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5. Business Model
CryptoCashbackRebate business model is offering cashback service for
cryptocurrency traders and investors.
When someone opens an account at an exchange through us, the
exchange pays us part of their commission profit for every trade the client
make as compensation for referring a customer to them.
Similarly when someone invests in an ICO through us, the ICO firms pays
us a referral bonus.
We then share the majority of our revenue with the client
(trader/investor), paying them a cash rebate for each trade/purchase
they make.
The rest of the revenue is distributed proportionally among the CCR token
holders including those who participated during CryptoCashbackRebate
crowd sale.
Income • Commissions Recevied from Crypto-Firms
Cashback• Part of this
commissions is paid to the client
Reward• Remaining part is
distributed among the CCR Token holders
proportionally
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6. Development & Expansion Plan
6.1. Roadmap
The CryptoCashbackRebate roadmap focuses on the development of the
technology, operations infrastructure, new partnerships, and marketing
initiatives. The roadmap is presented below. Dates and activities may be
subject to change.
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6.2. Marketing Strategy
We believe crypto-currency market is new perspective area, which can
generate very interesting profit for us and our investors. Crypto currency
market has only started to grow and have big potential to grow stronger
in next five years. This is the reason why there is a huge profit potential
for everyone who are looking for good place to invest.
As the worldwide launch of CryptoCashbackRebate.com platform will be
done in Q3 2018, our focus will shift to project growth. As soon as the
platform’s interface is available, we are launching the investments in the
network growth, scaling up with the further development of the portal.
The marketing budget in the amount of 55% of the raised during the token
sale is going to be distributed to the general international advertising
campaign of the platform. A part of the budget will be forwarded to the
marketing campaigns.
We are planning to onboard 10,000 users in the first three months of
public launch. For this target, paid advertisements, word of mouth
promotion, referral programs will be the key to success.
For rapid CryptoCashbackRebate platform evolvement it is important to
attract biggest Exchanges and ICO firms. This will allow to bring more
clients to the platform, as they are interested in receiving cashback from
crypto-firms.
The more active clients (traders & investors) join the platform, the quicker
the platform evolves. We are planning to execute several global ad
campaigns to boost brand awareness and ensure the constant growth of
the platform.
6.2. Expansion Strategy
We are planning to capture 10% of the market share in next three years.
10% is a very good profit projection for our company and for our investors.
This is a realistic target which can be achieved in a very short time with
the help of good marketing and promotions.
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How much money can CryptoCashbackRebate generate from
actual market capitalization and volume?
As usually crypto currency market volume per day is now $24 billion
dollars. From this volume CryptoCashbackRebate can generate between
0.02% - 0.1 % as commission. If we receive fee for 20% of total volume let
see how much can the company generate as commission.
When return is 0.02% = $0.96 million dollars per day
When return is 0.1% = $4.80 million dollars per day
Yearly estimated commission is between $350 million up to $1.75 billion
dollars per annum.
From major income the estimated profit is more than $525 million dollars
per year, but this is just one side of income.
We also planning to make profits from ICO marketing, service promotions,
coupons and affiliate offers from others blockchain business. In future we
will also provide rewards for other key cryptocurrency industry sectors
such as Wallets, Payments and Mining.
From this additional business we expect next 30% of our income. We are
speaking about $157 million dollars up to $262 million dollars per year.
Because crypto currency market is very young and have a very good space
for growth, we can still talk about serious yearly market growth. With
realistic expectation we can say, cryptocurrency market will grow around
25% each year in next 10 year.
Why we trust in grow? This is seriously a good question.
We think, there are still many small investors in the market, as people just
invest in first big wave. Now only small market players invests. Just now
bitcoin’s futures are added in exchanges by CME Global. Cryptocurrency
sector is still waiting for big market players.
Right now, big banks and corporations are testing the blockchain and from
history we know, if big money tries something to apply in own system,
then there is all-time a huge potential.
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7. Token Distribution
7.1. Overview
CryptoCashbackRebate Tokens (CCRs) will be issued as ERC20 compatible
tokens. Users must list an ERC-20 compatible wallet such as My Ethereum
Wallet in order to receive their CCR tokens which will be distributed after
the purchase. Users may also be required to provide additional
information and documentation to verify their identity as part of
CryptoCashbackRebate’s KYC process, as described on
ico.cryptocashbackrebate.com. CryptoCashbackRebate reserves the right
to reject a potential CCR token purchaser.
To participate in the Token Sale, prospective purchasers will need to visit
ico.cryptocashbackrebate.com where they will be required to register.
Once successfully registered, buyers will be able to purchase CCR tokens
using Ethereum, Bitcoin, Litecoin, Bitcoin Cash, Ripple or Ethereum Classic.
The CryptoCashbackRebate Token Sale will take place on March 18th 2017
02:01 (GMT) and will conclude on the earlier of (i) June 18th 2018 23:59
(GMT) (the “Closing Date”); or (ii) until the amount of contributions
received reaches $250 million USD provided that CryptoCashbackRebate
may extend the Closing Date, in its sole discretion, up to 3 times with each
extension being 30 days (the “Token Sale End Date”). If on the Closing Date
or on the last occasion that CryptoCashbackRebate extends the Closing
Date (as the case may be), CryptoCashbackRebate has not received a
minimum of $5 million USD in contributions, this will result in
contributions being returned to contributors.
The minimum purchase amount shall be 0.1 ETH / 60 CCR Tokens
The exact number of CCR Tokens to be received by a contributor will
depend on what day of the Token Sale the contribution is made, as
determined by the CCR Token allocation mechanism below:
March 18th 2018 02:01 (GMT) – April 03rd 2018 23:59 (GMT) 1 ETH = 600
CCR + 30% Bonus
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April 04th 2018 00:01 (GMT) – April 18th 2018 23:59 (GMT) 1 ETH = 600 CCR
+ 10% Bonus
April 19th 2018 00:01 (GMT) – May 18th 2018 23:59 (GMT) 1 ETH = 600 CCR
+ 5% Bonus
May 19th 2018 00:01 (GMT) – June 18th 2018 23:59 (GMT) 1 ETH = 600 CCR
7.2. Bonus for Large Purchasers
Purchasers who commit to purchase a large amount of CCR Tokens during
the Sale Period, will be eligible for the optional extra bonus (“Private
Sale”). All such bonuses will be discussed individually with each potential
buyer.
7.3. Token Sale Structure
Instrument: CCR;
Hard Cap: Equivalent of $250 million USD;
Soft Cap (Minimum Raise): If less than the equivalent of $5 million USD in
proceeds have been received by the Token Sale End Date (the “Minimum
Raise”), then all funds raised will be returned to participants (less any
applicable transaction costs). Any refunds due to failure to meet the
Minimum Raise will be refunded within a reasonable period of time from
the end the Token Sale End Date;
Total Supply: The total amount of CCR Tokens sold will depend upon the
amount and timing of ETH or ETH equivalent received during the sales
period and the calculation of applicable bonuses. The exchange rate that
will be used to calculate ETH equivalent of other acceptable
cryptocurrencies will be the closing price on coindesk.com on the date of
receipt in Hong Kong of the ETH equivalent.
The total amount of CCR Tokens sold after calculating for applicable
bonuses will in turn represent 45% of all CCR Tokens created. Since we
don’t know the total amount of CCR Tokens that will be sold, we will not
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know the total supply of CCR Tokens created until after the sales period.
7.4. Token Sale Procedure and Allocation
To participate in the Token Sale, token buyers will pay in the following
currencies: Ethereum, Bitcoin, Litecoin, Bitcoin Cash, Ripple or Ethereum
Classic.
The tokens will be delivered to the participants of the Token Sale after the
Token Sale End Date.
The breakdown of token allocation is as follows:
- 45% of CCR tokens to be allocated to the Token Sale;
- 30% of CCR tokens to be created will be part of the
CryptoCashbackRebate Reserve and will be retained by
CryptoCashbackRebate, as described below;
- 20% of CCR tokens to be created will be distributed to
CryptoCashbackRebate’s founders and employees;
- 3% of CCR tokens to be reserved for Advisors & Partners;
- 2% of CCR tokens to be reserved for Bounty programs.
Token Distribution
Token Distribution Company Reserve Team Advisors & Partners Bounty
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CryptoCashbackRebate is committed to a transparent token sale process
and will notify the public of the total amount of CCR tokens in circulation
after the completion of the Token Sale. CryptoCashbackRebate will not
create any new CCR tokens after the Token Sale.
CryptoCashbackRebate Reserve
As described above, CryptoCashbackRebate will use the CCR tokens in the
CryptoCashbackRebate Reserve for future goals and establish the
CryptoCashbackRebate platform, as a global leader in Cryptocurrency
Cashback industry. We plan to use the tokens in different ways that
include:
- Acquisition of companies and technologies that extend the
CryptoCashbackRebate platform.
- Short and long term investments in industry related projects.
- The CryptoCashbackRebate reserve receive rewards too,
proportionately. The rewards are further used to develop, expand and
market the service.
To that end, we may use CryptoCashbackRebate Reserve to purchase or
sell CCR tokens on the open market, or may burn (i.e., permanently
remove from circulation) a small percentage of CCR tokens each year.
The CryptoCashbackRebate Reserve may not be intentionally distributed
to employees and is the sole property of CryptoCashbackRebate.
7.5. Use of Funds
It is important for CryptoCashbackRebate that the community
understands how the funds from the Token Sale will be spent. The pie-
charts below illustrate how the proceeds from sale of the CCR tokens will
be allocated after the conclusion of the Token Sale.
The funds raised through the token sale campaign will be allocated for
various activities which include CryptoCashbackRebate’s strong marketing
and sales support which will help in fast growth in the number of the
platform users.
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- Marketing & Sales are budgeted to use 55% of the funds. This budget
will go towards the creation of cost-effective marketing campaigns to
attract new customers. We will keep user acquisition costs to one of the
lowest in the industry.
- IT & Product development are budgeted to use 30% of the funds.
- Administration & Operations are budgeted to use 10% of the funds.
- Legal expenses are budgeted to use 5% of the funds.
7.6. Reasons to Participate in the Token Sale
- CryptoCashbackRebate.com is owned and operated by Kapsus
Technologies Limited (HK) which is having a team of experienced people
with more than 5 years of experience in Cashback industry.
- The team knows how to make unique deals with companies. With our
experience and huge client base, we are able to make deals, what no one
can negotiate.
Budget Allocation
Marketing & Sales IT & Product Development Admin & Operations Legal
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- CryptoCashbackRebate’s business model is simple yet clever. People
automatically search for us and use our service as it is completely free for
clients. Instead we pay the clients to use our service.
- Finding cheaper options and lowest price is basic human nature. Why
pay more when this is not necessary.
- CryptoCashbackRebate’s proposition has a huge profit potential. Our
service can help grow every cryptocurrency based business.
- Every CCR token purchaser can become our clients as well and receive
cashback. This is double win. Receive profits from tokens as well as earn
the cashback.
- 100% ROI is expected in several months with unlimited future profit
potential.
- CryptoCashbackRebate cannot go bankrupt as our business is very
specific which doesn’t depends upon sales of service or goods, but on
helping the clients, exchanges and partners.
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8. Team
10 members are now involved in the project and we are hiring more
marketing specialist, blockchain engineers and growing our development
and marketing team. We are expecting to increase the team size upto 50
in next 6 months.
Vladimir Kapal
CEO & Founder, Kapsus Technologies Limited
Successful entrepreneur. Master of negotiation
and dealings.
Susanta Saren
Co-Founder, Chief Technology Officer, Kapsus
Technologies Limited
NIT- Jamshedpur Graduate. Highly innovative and
results oriented technology executive.
Eva Muchyová
Cost Accountant Manager
Accountant with 15 years of experience in
accounting and company economics.
Sukanta Baskey
Accounts Manager
Manager experienced in developing long-term
relationships with clients.
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9. Contacts
For all the questions or inquiries write us on
Official website:
https://www.cryptocashbackrebate.com
Join the conversation on:
Telegram: https://t.me/cryptocashbackrebatecom
Facebook: https://www.facebook.com/cryptocashbackrebate/
Twitter: https://twitter.com/cryptocashbackr
Youtube: https://www.youtube.com/channel/UCU-qHoT7-
Db1DZOPoiLPcTQ
BitcoinTalk: https://bitcointalk.org/index.php?topic=3156509
Medium: https://medium.com/cryptocashbackrebate
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10. Risk Factors
The purchase of CCR tokens (hereinafter referred to as the “Token” or
“Tokens”) may be associated with a high degree of risk. To protect the
interests of Token’s potential purchasers, CryptoCashbackRebate team
conducted an analysis of such potential risks and outlined the result of
this analysis in this chapter of the White Paper. IMPORTANT: THE LIST OF
RISK FACTORS DESCRIBED BELOW IS NOT EXHAUSTIVE. IN ADDITION TO
THE RISKS DISCLOSED IN THIS WHITEPAPER, THERE MAY BE EXISTING
OTHER RISKS WHICH CRYPTOCASHBACKREBATE TEAM AT PRESENT
CANNOT REASONABLY FORECAST. These risks can materialize in other
forms of risk than those specified here. Prior to acquiring Tokens, each
potential Token purchaser is advised to carefully review all the
information and assess the risks of such purchase, including but not
limited to, the risks set forth in this Whitepaper and to decide upon
purchase of Tokens based on such assessment.
10.1. Technical and Technological Risks
10.1.1. Risks of the Blockchain
Tokens are released on Ethereum blockchain. In this regard, any
malfunction of the Ethereum protocol may lead to a restriction in the use
of Tokens, and / or to the fact that Tokens or the platform will function in
an unforeseen manner.
10.1.2. Risks of Hacker Attacks on the Platform, Smart
Contracts, or Tokens
Tokens can be expropriated and / or stolen, by hacking Tokens, or
otherwise. Hackers or other groups or organizations may attempt to
intervene in a smart contract or Tokens in various ways, including, but not
limited to, virus attacks, DDOS attacks, concerted attacks, network
attacks, and denial of service attacks, and others. In addition, since the
Ethereum platform is based on open source software, there is a risk that
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Ethereum smart contracts may contain intentional or unintentional errors
or shortcomings that could adversely affect Tokens or lead to loss of
Tokens, or loss of access or control Tokens. In the event of such an error
or weakness of the software, there can be no remedy, and tokens owners
are not guaranteed any compensation.
10.1.3. Risks of Hacker Attacks on the Computer of Token
Holder, or Loss of Passwords / of Private Keys
Purchased Tokens can be stored by the token holder in her\his digital
wallet or safe, for which a password, a digital key or a combination of
digital keys is required. Accordingly, the loss of the necessary keys
associated with such digital wallet or safe, can lead to loss of access to
Tokens. In addition, any third party that gets access to such passwords
and / or private keys (by way of getting (through hacking, or negligence of
token holder) access to login credentials of token holders’ hosting-wallet,
or otherwise), will be able to use Tokens of the token holder.
CryptoCashbackRebate assumes no liability for such losses.
10.1.4. Risks of Using New Technologies, and Changes in
Technology in the Future
Tokens and blockchain are fairly new and relatively untested
technologies. Although at the moment they have largely proven their
efficiency, reliability and security, there is no guarantee that in future
these technologies do not fail in any way. Further, as technological
progress develops, flaws can be found in these technologies, which flaws
will prevent their functioning in the way that they function at the moment.
Finally, there is no guarantee that these technologies will be compatible
with any new technologies invented in future. In the event of such
incompatibility, use of Tokens and blockchain can be found unreasonable
and stopped.
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10.1.5. Risks of Incompatibility of the Cryptowallet Service
An electronic cryptowallet or wallet service provider that token holder has
chosen \ will choose for obtaining and storing Tokens, must be technically
compatible with Tokens. Failure to comply with this condition may lead to
the fact that the token holder will not be able to get access to her\his
Tokens. Token holders must independently determine the fact of the
compatibility of the cryptowallet she\he registered, with the Tokens.
CryptoCashbackRebate assumes no responsibility for any errors related
to wrong determination of the above fact.
10.2. Regulatory Risks
10.2.1. Risks of Regulatory Uncertainty
Regulatory status of cryptographic tokens, digital assets and blockchain
technology, is unclear or not defined in many jurisdictions. It cannot be
excluded that such technologies, and, in particular, Tokens, will in future
become subject to one or more (adopted or new) interpretations of laws
(or other regulations), court judgments, or actions by various regulatory
bodies around the world, including, but not limited to, the imposition of
restrictions on the use or possession of digital tokens, such as Tokens.
Such changes can adversely affect Tokens in various ways, including, for
example, by determining that Tokens are regulated financial instruments
that require registration or compliance with other legal requirements and
procedures. CryptoCashbackRebate may stop distributing Tokens,
developing a platform or terminating operations in a particular jurisdiction
if the actions of regulatory authorities of the relevant jurisdiction make it
illegal or not commercially viable to proceed.
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10.2.2. Risks of Inability to Obtain, Maintain or Renew
Licenses and Permits
As of the date of Tokens sale, there are no statutory requirements
requiring CryptoCashbackRebate to obtain any licenses and permits
necessary for the sale of the Tokens, but the risk that such legislative
requirements may be enacted in the future cannot be ruled out. In this
event, possibility of sale and further use of Tokens will depend on the
procedure of issuing such licenses and permits, and on compliance with
their terms. We cannot exclude that requirements of the law will be
technically or economically unachievable for CryptoCashbackRebate.
CryptoCashbackRebate may stop distribution of Tokens, develop a
platform or terminate operations in a particular jurisdiction in the event of
economic, technological or other inability to obtain the required licenses
or permits under such jurisdiction.
10.2.3. The Risk of Governmental Action
The industry of blocking and reversing tokens is new, and simply by virtue
of novelty can be subject to increased supervision and regulatory control,
including investigations or enforcement actions. There can be no
guarantee that the government will not study the activities of the parties.
All this can be investigated, which in turn can have a significant negative
impact on Tokens and /or platform development.
10.3. Business Risks
10.3.1. Risks of Failure in Development
It cannot be excluded that for various reasons, including but not limited to,
for reasons of insolvency of business or technological strategies or
business arrangements, technological problems, emergence of new
technologies, etc., that the model that CryptoCashbackRebate developed
and described in this Whitepaper, will not achieve the desired
functionality, be inoperative, or work in a way different from what
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developers designed it for. Also, we cannot exclude the risk that for these
or different reasons, development and implementation of the model can
take longer than CryptoCashbackRebate predicts at the moment, and
when the model is ready, it will appear to be outdated and\or irrelevant.
10.3.2. Risks of Insufficient Implementation
It cannot be excluded that, for various reasons, including, but not limited
to, for reasons of insolvency of marketing strategies, external constraints,
or competitors’ actions, the model developed by CryptoCashbackRebate
and described in this Whitepaper model may appear to be unpopular
and\or unclaimed, lacking use and application.
10.3.3. Risks of Dependence on Third Parties
Even after the launch, the model developed by CryptoCashbackRebate and
described in this Whitepaper will rely, wholly or partially, on third parties,
for adoption and implementation of certain functions, as well as for
continuing its development, maintenance and support. Though above-
mentioned third parties are carefully selected by CryptoCashbackRebate
team, there is no insurance or guarantee that these third parties will do
their job properly, or otherwise meet users’ needs, and this can have a
significant adverse impact on the platform.
10.3.4. Risks of Loss of Cash
The project described in this Whitepaper, the model developed by
CryptoCashbackRebate, the platform being created, as well as any funds
collected within the framework of the ICO described, are not insured. In
case of failure of the project for any reason, loss of functionality of the
Token or platform, there is no private or public insurance representative
to whom token holders can apply for reimbursement.
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10.3.4. Risks of Force Majeure
In the future, there may be extraordinary circumstances that
CryptoCashbackRebate cannot reasonably anticipate or prevent and that
may be subject to restrictions or impediments to the operation of
CryptoCashbackRebate or Token platform.
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11. Legal Disclaimer
As of the date of publication of this whitepaper, CCR Tokens have no
known potential uses outside of the CryptoCashbackRebate platform and
are not permitted to be sold or otherwise traded on third-party
exchanges. This whitepaper does not constitute advice nor a
recommendation by CryptoCashbackRebate, its officers, directors,
managers, employees, agents, advisors or consultants, or any other
person to any recipient of this document on the merits of the participation
in the Token Sale. Participation in the Token Sale carries substantial risk
and may involve special risks that could lead to a loss of all or a
substantial portion of such an investment. Do not participate in the Token
Sale unless you are prepared to lose the entire amount you allocated to
purchasing CCR Tokens. No promises of future performance or value are
or will be made with respect to CCR Tokens, including no promise of
inherent value, no promise of continuing payments, and no guarantee that
CCR Tokens will hold any particular value. Unless prospective participants
fully understand and accept the nature of CryptoCashbackRebate and the
potential risks inherent in CCR Tokens, they should not participate in the
Token Sale. CCR Tokens are not being structured or sold as securities. CCR
Tokens are not participation in CryptoCashbackRebate and CCR Tokens
hold no rights in CryptoCashbackRebate. CCR Tokens are sold as a
functional good and all proceeds received by CryptoCashbackRebate may
be spent freely by CryptoCashbackRebate, absent any conditions set out
in this whitepaper. This whitepaper is not a prospectus or disclosure
document and is not an offer to sell, nor the solicitation of any offer to buy
any investment or financial instrument in any jurisdiction and should not
be treated or relied upon as one. This whitepaper is for information only.
Written authorization is required for distribution of any or all parts
contained herein.
All information here that is forward looking is speculative in nature and
may change in response to numerous outside forces, including
technological innovations, regulatory factors, and/or currency
fluctuations, including but not limited to the market value of
cryptocurrencies.
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This whitepaper is for information purposes only and is subject to change.
CryptoCashbackRebate cannot guarantee the accuracy of the statements
made or conclusions reached in this document.
CryptoCashbackRebate does not make and expressly disclaims all
representations and warranties (whether express or implied by statute or
otherwise) whatsoever, including but not limited to:
- Any representations or warranties relating to merchantability, fitness
for a particular purpose, suitability, wage, title or non-infringement;
- That the contents of this document are accurate and free from any
errors; and
- That such contents do not infringe any third party rights.
CryptoCashbackRebate shall have no liability for damages of any kind
arising out of the use, reference to or reliance on the contents of this
document, even if advised of the possibility of such damages.
This whitepaper includes references to third party data and industry
publications. CryptoCashbackRebate believes that this industry data is
accurate and that its estimates and assumptions are reasonable;
however, there are no assurances as to the accuracy or completeness of
this data.
Third party sources generally state the information contained therein has
been obtained from sources believed to be reliable; however, there are no
assurances as to the accuracy or completeness of included information.
Although the data are believed to be reliable,
CryptoCashbackRebate has not independently verified any of the data
from third party sources referred to in this whitepaper or ascertained the
underlying assumptions relied upon by such sources.
Please note that CryptoCashbackRebate is in the process of undertaking a
legal and regulatory analysis of the functionality of its CCR Tokens.
Following the conclusion of this analysis, CryptoCashbackRebate may
decide to amend the intended functionality of its CCR Tokens in order to
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ensure compliance with any legal or regulatory requirements to which we
are subject. In the event that CryptoCashbackRebate decide to amend the
intended functionality of its CCR Tokens, CryptoCashbackRebate will
update the relevant contents of this whitepaper and upload the latest
version of this to its website.
Any CCR Tokens could be impacted by regulatory action, including
potential restrictions on the ownership, use, or possession of such tokens.
Regulators or other circumstances may demand that the mechanics of the
CCR Tokens be altered, all or in part. CryptoCashbackRebate may revise
mechanics to comply with regulatory requirements or other governmental
or business obligations. Nevertheless, CryptoCashbackRebate believe they
have taken all commercially reasonable steps to ensure that its planned
mechanics are proper and in compliance with currently considered
regulations.
Cautions Regarding Forward-Looking Statements
This whitepaper contains forward-looking statements or information
(collectively “forward-looking statements”) that relate to
CryptoCashbackRebate’s current expectations and views of future events.
In some cases, these forward-looking statements can be identified by
words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”,
“estimate”, “intend”, “plan”, “seek”, “believe”, “potential”, “continue”, “is/are
likely to” or the negative of these terms, or other similar expressions
intended to identify forward-looking statements. CryptoCashbackRebate
has based these forward-looking statements on its current expectations
and projections about future events and financial trends that it believes
may affect its financial condition, results of operations, business strategy,
financial needs, or the results of the Token Sale or the value or price
stability of the CCR Tokens.
In addition to statements relating to the matters set out here, this
whitepaper contains forward-looking statements related to
CryptoCashbackRebate’s proposed operating model. The model speaks to
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its objectives only, and is not a forecast, projection or prediction of future
results of operations.
Forward-looking statements are based on certain assumptions and
analysis made by CryptoCashbackRebate in light of its experience and
perception of historical trends, current conditions and expected future
developments and other factors it believes are appropriate, and are
subject to risks and uncertainties. Although the forward-looking
statements contained in this whitepaper are based upon what
CryptoCashbackRebate believes are reasonable assumptions, these risks,
uncertainties, assumptions, and other factors could cause
CryptoCashbackRebate’s actual results, performance, achievements, and
experience to differ materially from its expectations expressed, implied,
or perceived in forward-looking statements. Given such risks, prospective
participants in a Token Sale should not place undue reliance on these
forward-looking statements. Risks and uncertainties include, but are not
limited to those identified in the Token Sale terms and conditions. These
are not a definitive list of all factors associated with a making a
contribution to CryptoCashbackRebate, in connection with its operations.
CryptoCashbackRebate undertakes no obligation to update any forward-
looking statement to reflect events or circumstances after the date of this
whitepaper.
The Company’s business is subject to various laws and regulations in the
countries where it operates or intends to operate. There is a risk that
certain activities of the Company may be deemed in violation of any such
law or regulation. Penalties for any such potential violation would be
unknown. Additionally, changes in applicable laws or regulations or
evolving interpretations of existing law could, in certain circumstances,
result in increased compliance costs or capital expenditures, which could
affect CryptoCashbackRebate’s profitability, or impede
CryptoCashbackRebate’s ability to carry on the business model and the
CCR Tokens model proposed in this whitepaper.
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12. Sources
1. 2015 Cashback Industry Report: A Global Industry Comes of Age. Implied
Clarity, LLC.
2. Global Cryptocurrency Benchmarking Study - 2017. Dr. Garrick Hileman
& Michel Rauchs. Cambridge Centre for Alternative Finance. University of
Cambridge.
3. CoinMarketCap.com https://coinmarketcap.com/
4. Coindesk.com https://www.coindesk.com