Cashaa is delivering its promises without failure: CAS Locking & Distribution of Failed KYC Users CAS
Cashaa, founded in 2016, is ranking now among the Top 100 Most Influential Blockchain Companies Worldwide . With more than 200+ Years of Payments and Banking experience, our mission is to build a better bank which can challenge legacy banking.
We are proud to conclude the most anticipated tokens sale of 2017 where more than 53,381 people participated from 119 countries. We are overwhelmed to receive more than our hardcap of 32 Million. Cashaa raised US$33 million via token sale ; however, we rejected US$14.77 million of this money due to our strict internal anti-money laundering and know-your-customer policies.
After the token sale, we have decided that the 192482948.8 CAS which got available due to the failure of KYC would be distributed among the buyers in proportion to the quantities purchased instead of selling them again. The distribution will happen on 5th June 2018.
We have moved 192482948.8 CAS to a Multisig and locked it for our community as promised:
0x693b72f7f2280b77a07657ed1d845d07a0a48260
As per Cashaa’s white paper, we have promised that CAS belonging to the Team, Company, and Community will be locked for 3 years with a cliff of 12 months (365 Million CAS).
We have locked the tokens as per whitepaper and the tokens will be released as per the following schedule:
CAS Token:
5th March, 2019: 60 million
5th March, 2020 : 60 million
5th March, 2021 : 60 million
Community:
5th March, 2019 : 15 million
5th March, 2020 : 10 million
5th March, 2021 : 10 million
Team & Advisors:
5th March, 2019 : 50 million
5th March, 2020 : 50 million
5th March, 2021 : 50 million
(Please click on the numbers to view the smart contract)
Cashaa’s purpose is to bring financial inclusion to the billions of people who are the victims of a slow, intermediary and corrupt banking system. Our “fight” is with the world’s most powerful entities (banks). To win this “fight”, we will need many supporters; with the support we have received it feels we are getting closer to reaching our goal.
Team Cashaa
The Next Generation Banking Platform for The Next Billion
Handy links:
Website: https://cashaa.com
Whitepaper summary: https://cashaa.com/pdf/cashaa.pdf
Telegram chat: https://t.me/Cashaanews
Twitter: https://twitter.com/CashaaLTD
Facebook: https://www.facebook.com/cashaaLtd/
Linkedin: https://www.linkedin.com/company/cashaa/
Youtube: https://www.youtube.com/cashaaLtd