Cashaa ICO (CAS)

Next Generation Banking Platform

"Cashaa is about empowering the banked and unbanked business and individuals to enable them to participate in the global economy and develop the new outlook for this community by using open architecture. It is a great irony that the blockchain or cryptocommunity has continuously been denied help from existing financial institutions who like to participate and sponsor blockchain events but in reality cannot support the revolution due to some inherent problems."

(https://cashaa.com)

Start Date

05 Nov, 2018

End Date

05 Jan, 2019

Cashaa Score Analysis

Cashaa aims to bring a crypto banking platform to the masses - a well-developed market niche with many competitors, which Cashaa fails to explore in it's whitepaper. The team is moderately experienced - the CEO is experienced as are the advisors, but there is no CTO; the VPs of engineering and technology respectively are experienced, and some of the development team are lacking professional experience. The company appears to have released some beta products but we could not locate these to access them - the github appears lacking use. The CMO is experienced - with marketing efforts faring very well, though response has been low from the crypto community. We did find some key red flags in research for this ICO - there is a lack of use of proceeds, and 20% of the tokens have been allocated to the team - the hard cap is also 5.3% the soft cap. There was some suspicious discussion involving telegram communication with users also. We could not verify all partnerships, and we identified some plagiarism in the whitepaper.

Cashaa Use of Token

CAS Tokens are able to be used and/or earned in connection with this product by eligible individuals in the following key ways: 1. Enables customers to open an IBAN account (for free) by staking CAS Tokens 2. Increase your monthly account limit 3. Enable customers to make free local and International transfers. 4. Free Foreign Exchange (Forex)

  • Organization

    Cashaa Ltd

  • Platform

    Ethereum

  • Coin type

    Utility Token

  • Category

    Finance

  • Max cap

  • Max supply

    1,000,000,000 CAS

  • Price

    0.10

Cashaa Token Sale Stages

  • Stage
  • Start date
  • End date
  • Amount of Tokens
  • Price
  • Discount
    • Token Sale
    • 05 November, 2019
    • 05 December, 2019
    • 0.1
    • Claim

Cashaa Distribution

Cashaa Team Members

  • Kumar Gaurav
    Kumar Gaurav CEO
  • Janina Lowisz
    Janina Lowisz VP Marketing
  • Amjad Raza Khan
    Amjad Raza Khan VP Technology
  • Archit Aggarwal
    Archit Aggarwal VP Product
  • Priyakant Charokar
    Priyakant Charokar VP Engineering
  • Dhanashri Honrao
    Dhanashri Honrao VP HR
  • Saurabh Jain
    Saurabh Jain VP Product Management
  • Garima Jain
    Garima Jain Director, Client Relation
  • Dhanasekaran Sukumaran
    Dhanasekaran Sukumaran Director, Project Management

Cashaa Advisors

  • John Henry Clippinger
    John Henry Clippinger Strategic Advisor
  • Tim Campbell
    Tim Campbell Marketing Advisor

Cashaa Past Events

  • 28 February, 2019

    Developed strict policies for KYC and AML for participants; Awarded Technology Provider of the Year

  • 30 April, 2019

    Finalization of Regulatory and Compliance Checks; Audit and Distribution of CAS Token; Token Locking – 365 Million CAS Locked; Development of Crypto bank capabilities; Hiring Process for the Cashaa

  • 30 June, 2019

    OTC Exchange went live; European Regulator and Central Bank engagement; Formation of “African Payment Alliance”; Onboarded Business users for Cashaa Services; Proof of Stake Initiated; Cashaa nominated as “Hottest Crypto Finance Project” at TechCrunch

  • 31 August, 2019

    Selected as Top 3 “Fintech for People” Startup; Testing of Cashaa Compliance API; Launching e-KYC for Business Customer; Development of Crypto Wallet; Got listed at Top BTC

  • 31 October, 2019

    Invited at BBVA Headquarters to present its fintech application; Featured in Money 2020 as top European Fintech project; Assisting businesses to conclude a compliant Token Sale

  • 31 December, 2019

    Membership plans with fee details are released; CMC Wallet went Live; CAS STAKE started for Individuals and Business; Started Business Customers onboarding (UK & EUROPE); Purchase of crypto currencies through Card; Business API release

  • 31 March, 2019

    Rebranding of the Website and Marketing begins; Business Customers Onboarding (Asia); Phase 1 Business Account Issuance; Onboarding Personal Account Members