take app, launches the world’s first crypto currency cash-back

Investors can now join in the Initial Coin Offering (ICO) of take cash-back

take cashback
3 min readOct 5, 2021

October 5, 2021, Sydney, Australia
Takecoin has announced its Initial Coin Offering (ICO). Takecoin [ticker: TAKE] is a utility token based on Stellar’s Blockchain that serves as the official cryptocurrency of its mother marketplace, take cashback, where users can locate a variety of local companies that offer high cash-backs. The ICO period is open to project investors, traders, enthusiasts, and supporters who want to purchase part of takecoin’s digital currency.

On September 20, 2020, takecoin’s mainnet went live, with a total supply of 100 billion TAKE. The circulation supply will progressively increase on the market, with only 7.5 percent available for pre-sale at beginning. Some important notes of that first stage include:

Start: October 5th, 2021: 06 AM UTC
End: December 31st, 2021: 06 AM UTC
1 TAKE = 0.022 XLM
Hard cap: 165,000,000.00 XLM

In addition to the ICO, a Buy-Back option is available. Because supply is limited and takecoin is the principal currency on their platform, takecoin will buy back its own cryptocurrency at the most recent market price and directly from the exchange so that it can be distributed to take’s consumers as a cash-back.

Consumers will have more payment options as crypto currency adoption grows in the marketplace. The take cashback app is one of the first of its type, allowing customers to choose how they pay for goods and services. For example, app users can pay for a meal and immediately receive cash-back when they pay with the app. It’s all done using a smartphone, and users of take cashback can choose to pay with either fiat, crypto/takecoin.

The take cashback app includes the following features:

* Bill payment, transfer of takecoin from one user to another (example: from a user to a merchant).

* Transactions are extremely fast and secure.

* No transaction cost: When paying merchants with takecoin, there will be no fee.

* Cash-back rates are higher for users who pay with takecoin (the higher the number of tokens a user holds, the higher the cash-back).

* Transaction fees are quite low (for merchants accepting payments in takecoin)

take cashback is designed to be used for most everyday transactions and provides the convenience of being able to pay with a smartphone instead of cash or a credit card, cash-back right away on every transaction. It can be used at any retail partner, where users can pay using takecoin and earn fiat or crypto currency rewards.

About takecoin ICO: takecoin’s mainnet went live on September 20, 2020, with a total quantity of 100 billion TAKE. Due to the limited amount of TAKE, investors are recommended to act quickly to gain access to the ICO. The market’s circulation supply will gradually expand, with only 7.5 percent available for pre-sale in the start.

How to participate in the ICO?
Please refer to the following link: https://app.gitbook.com/@take-cashback/s/take-cash-back-and-more/takecoin/how-to-buy

Note: Investors will immediately receive takecoins in their wallet.

take cashback offers innovation as well as freedom when it comes to choosing the mean of payment. As their motto states, it lets users, “Pay using your smartphone, get high cash-back, instantly.”

Get in touch:
Website: https://take-cashback.com
Whitepaper: http://whitepaper.takecoin.net/
Twitter: http://twitter.com/take_cashback
Email: hamza@take-cashback.com
Telegram (News & Alerts): https://t.me/joinchat/ukdCmyJBOCo4Nzhk



take cashback

take cashback, a marketplace offering high cash-back rates at thousands of offline local retailers.