Cashaa is a banking platform that is taking its business to new heights with its two most recent announcement. The first is that the platform will enable payments for the billion dollar freelancer marketplace industry and the second is that it plans to reward CAS token holders with 192 million bonus tokens. These two changes signify the moves that the company is making to make more of a mark in the industry.
The first announcement comes at the heels of a strategic partnership with BoonTech, which is a blockchain-based ne-fee freelancer marketplace. The platform enables individuals to provide services and a transaction is conducted. Dissimilar from other platforms, such as Upwork, Freelancer, and Fivver, which are recognized for their exorbitant 20 percent fee, BoonTech takes a different approach, which is that it is a free and decentralized marketplace. Behind the platform’s services is artificial intelligence. According to Nasdaq, 43% of workforce in the United States will be freelancers and with no fees, this type of platform is bound to come in handy.
#cashaa launches its payment product for the #Billion Dollar Freelancer #Marketplace Industry! Check it out now! #CashaaToMoon @kgauravITC @BlockchainGirl @freelancer @freelancersu https://t.co/5CtKeH4DeL
— Cashaa LTD (@CashaaLtd) May 22, 2018
Furthermore, BoonTech users are also encouraged to take advantage of Cashaa, which is a system that they can use to make payments. To enable the process, BoonTech has employed the Cashaa exchange, its money transfer service, and its wallet. Further, BoonTech plans on integrating the Cashaa platform with the freelancer marketplace so that users can send and receive money, while also paying for Boontech’s services. The platform is poised to work in 210 countries and the system makes it easier for users to save, spend, borrow, and to be insured. Those who are interested in purchasing Cashaa tokens can do so through multiple exchanges.
Speaking of tokens, Cashaa is planning on using its CAS tokens to reward holders. The total amount of the reward is poised to be 192 million. This is especially significant because Cashaa recently closed its token distribution process. Over 53,381 individuals participated from 119 countries and as a result, the company was able to raise $33 million. Unfortunately, due to recent regulations and internal anti-laundering, the company rejected $14 million USD from the money raised.
Further, the wallet the company is planning on launching in 2018 will be powered by CAS tokens. The company is planning on scheduling a distribution for June 2018 and those who participate will be rewarded with a ratio of CAS tokens. According to the CAS whitepaper, coins belonging to the team, company, and community will be locked for three years and scheduled per a schedule.
These moves signify the big moves that the company is making since its founding in 2018. Today, it is recognized as one of the most influential blockchain companies. With its steps, the company is on its way to promoting its purpose, which is financial inclusion for billions of people who are interested in a better and easier, freer, and secure banking system. Recent updates concerning the company’s moves are available on its social media platforms for those who are interested.