Read on Twitter
1/20
I usually don't get out of scope of Terra
But those who know @SamIAm15497991 also knows when he is on to something you better pay attention
He asked me to research @yourCashaa $CAS
I took on the challenge
A thread about what i found https://twitter.com/SamIAm15497991/status/1357479641951404043
I usually don't get out of scope of Terra
But those who know @SamIAm15497991 also knows when he is on to something you better pay attention
He asked me to research @yourCashaa $CAS
I took on the challenge
A thread about what i found https://twitter.com/SamIAm15497991/status/1357479641951404043
2/21
Cashaa is a crypto friendly Bank serving business and individual accounts
The idea is to capitalize on traditional banks hostility against crypto clients and it seems to be working quite good
Cashaa is a crypto friendly Bank serving business and individual accounts
The idea is to capitalize on traditional banks hostility against crypto clients and it seems to be working quite good
3/21
Currently 200 companies are banking with Cashaa
Among them large crypto companies like @NexoFinance @paxful and @HuobiGlobal
2000 other companies are waiting and going through compliance procedures to get onboard
Currently 200 companies are banking with Cashaa
Among them large crypto companies like @NexoFinance @paxful and @HuobiGlobal
2000 other companies are waiting and going through compliance procedures to get onboard
4/21
Being licensed and fully compliant in US, UK and Europe
Having attained SOC 2 and PCI (the highest global standard for cyber security) moreover that only Coinbase can claim, Cashaa is becoming the first choice for banking https://www.the-blockchain.com/2020/02/08/blockchain-project-cashaa-protecting-crypto-companies-to-survive-fifth-money-laundering-directive-and-new-fca-rules-in-2020/
Being licensed and fully compliant in US, UK and Europe
Having attained SOC 2 and PCI (the highest global standard for cyber security) moreover that only Coinbase can claim, Cashaa is becoming the first choice for banking https://www.the-blockchain.com/2020/02/08/blockchain-project-cashaa-protecting-crypto-companies-to-survive-fifth-money-laundering-directive-and-new-fca-rules-in-2020/
5/21
Cashaa has been primarily business focused but will now start to offer solutions for individuals. And this is where things gets more interesting. US personal accounts going live any day now and India is already live
Cashaa has been primarily business focused but will now start to offer solutions for individuals. And this is where things gets more interesting. US personal accounts going live any day now and India is already live
6/21
The founder @kg_Cashaa being Indian and understanding the market, Cashaa went with a customized approach to India
The world's first physical Crypto Bank (branch) UNICAS has opened in India
13 UNICAS branches opens up in the coming weeks
The founder @kg_Cashaa being Indian and understanding the market, Cashaa went with a customized approach to India
The world's first physical Crypto Bank (branch) UNICAS has opened in India
13 UNICAS branches opens up in the coming weeks
7/21
Unicas will empower millions by better financial possibilities
Think Celsius for India
Make crypto or INR deposits and earn interest
Important note, most crypto activity is OTC in India
Unicas will empower millions by better financial possibilities
Think Celsius for India
Make crypto or INR deposits and earn interest
Important note, most crypto activity is OTC in India
8/21
Personal account plans
Personal account plans
9/21
10/21
Being a Bank will not deprive clients to tap in to DeFi
Cashaa is bridging cefi and defi with
CashFi
For this they have partnered with Apple, Nike, Paytm, Peter England, Macy’s, Flipkart, and 2000+ other merchant
Being a Bank will not deprive clients to tap in to DeFi
Cashaa is bridging cefi and defi with
CashFi
For this they have partnered with Apple, Nike, Paytm, Peter England, Macy’s, Flipkart, and 2000+ other merchant
12/21
13/21
Tokenomics
$CAS powers everything
Account plans (staking starting any day)
Interest rates
Transaction fees
Franchisees needs to stake 1m tokens
This interest is high and which explains the latest price raise
Tokenomics
$CAS powers everything
Account plans (staking starting any day)
Interest rates
Transaction fees
Franchisees needs to stake 1m tokens
This interest is high and which explains the latest price raise
14/21
Partnered with two biggest exchanges in India
Coincdx (funded by Coinbase and BlockOne)
& Bitbnb
Both will provide UNICAS plans to their customers
Thousands has signed up
Partnered with two biggest exchanges in India
Coincdx (funded by Coinbase and BlockOne)
& Bitbnb
Both will provide UNICAS plans to their customers
Thousands has signed up
15/21
Now Cashaa is already live in India and expanding with new branches all over the country
Now Cashaa is already live in India and expanding with new branches all over the country
16/21
Indian parliament recently introduced a bill to ban "private cryptocurrencies", no one really understand what it means but it does not seems to bother the CEO, in fact he welcomes it https://cointelegraph.com/news/indian-government-looking-to-crack-down-on-crypto-scams-with-proposed-ban-cashaa-ceo
Indian parliament recently introduced a bill to ban "private cryptocurrencies", no one really understand what it means but it does not seems to bother the CEO, in fact he welcomes it https://cointelegraph.com/news/indian-government-looking-to-crack-down-on-crypto-scams-with-proposed-ban-cashaa-ceo
17/21
A blanket ban is the biggest obstacle I see, but seems unlikely considering how it would hit a whole industry and millions of retail investors
Big crypto companies are investing heavy in India, earlier mentioned Coinbase, BlockOne
A blanket ban is the biggest obstacle I see, but seems unlikely considering how it would hit a whole industry and millions of retail investors
Big crypto companies are investing heavy in India, earlier mentioned Coinbase, BlockOne
18/21
India is a huge market and the bull case for $CAS
If Indian government is worried about illicit use of crypto no one is better equipped than Cashaa
Imagine millions of account plans in India
India is a huge market and the bull case for $CAS
If Indian government is worried about illicit use of crypto no one is better equipped than Cashaa
Imagine millions of account plans in India
19/21
However India decides, Cashaa will still be operating in US and Europe providing businesses with frictionless crypto banking and individuals with better crypto services
However India decides, Cashaa will still be operating in US and Europe providing businesses with frictionless crypto banking and individuals with better crypto services
21/21
If this caught your attention do your own research. Always do your own research. I might got somethings wrong.
I'm a prrpl reptile what do i know
Thank you Sam, i enjoyed checking this out
If this caught your attention do your own research. Always do your own research. I might got somethings wrong.
I'm a prrpl reptile what do i know
Thank you Sam, i enjoyed checking this out
