Cash-Out Finance

5 min readApr 26, 2021

What is Cash-Out?

Cash-Out is a Decentralized Finance (DeFi) platform that enables cryptocurrency financial products.

It’s the founding company that develops Cash-Out Wallet and Cash-Out Cards.

OUR MISSION

We’re on a mission to become frictionless to make the entire user experience of the ecosystem as simple as possible. Building tools so that a user does not have to leave a platform is a key mission. We will be launching products to complement all the needs within the cryptocurrency markets.

We are developing a fully defi wallet that shall be linked to debit cards. What are we planning to do? Allow crypto users from emerging markets to access their deposits and investments in major coins/tokens and spend them in their favorite local store. Our target are emerging markets. Why? Debit Card linked to digital wallets already exist. However, they are only available in high-income countries leaving part of the globe without access to their functionalities. We are here to redress such unfairness and allow equal access to everyone. We should all be allowed to spend our coins/tokens to buy the things we want or need with a debit card!

$Cash-Out TOKEN VALUE

The Cash-Out ($OUT) Token is the native cryptocurrency that powers the ecosystem of products and governs the decentralized protocols.

Key Utility:

Fees and discounts: Users may use OUT towards transaction fees on the Cash-Out ecosystem of products such as the OUT Wallet and OUT Card. OUT can also be used for discounts on fees.

Governance and staking: OUT token holders have the ability to create proposals and vote for protocol changes on the OUT Network. OUT can be bonded within the network to secure the protocol and receive staking rewards.

Transactions and payments: OUT users can utilize OUT to pay at over 60 million merchants worldwide and transfer within the Ethereum & Binance blockchains.

OUT TOKENOMICS

The Cash-Out Token (OUT) is the fuel and native cryptocurrency of the OUT ecosystem of products and services. The token economics have been designed where the total supply decreases over time the network is utilized.

We are here to guarantee equal access to every crypto user in the world. Hence why, our Tokeonomics are completely in benefit of the community:

Total Supply 200,000,000 $OUT

· Tokens to be released to the public through presale 80.40% (160,800,000 OUT). Liquidity will be locked up to 2099 in the Presale launching platform. Early Birds will be benefitted with great discount at collaborating with the project

· Team 7% (14,000,000 OUT) — The OUT Team allocation is to provide the company with funds to use to actively operate its product line. These funds are released 6 months after launch, and are locked in DxSale app. Link to locked tokens: https://dxsale.app/app/pages/dxlockview?id=6&add=0x4008cc6C42161de6D36e756224e3f1FEd5c27E73&type=tokenlock&chain=BSC

· The Founders and Advisors 4.65% (9,300,000 OUT) — allocation is designed to compensate the founders and advisors of the project for work performed on the protocols. These funds are released 10 month after launch, and are locked in DxSale app. Link to locked tokens: https://dxsale.app/app/pages/dxlockview?id=7&add=0x4008cc6C42161de6D36e756224e3f1FEd5c27E73&type=tokenlock&chain=BSC

· Ecosystem Reserves 5.3% (10,602,000 OUT) — are established to incentivize the network and its participants with rewards and promotions throughout its inception and onwards. This includes development bonuses awarded to partners and the community contributing to Cash-Out and other decentralized products in the future. Ecosystem reserves are provided to continuously grow the platform and its users through various channels, partnerships, grants, and investments. These tokens are locked and released 12 months after Launch. Link to locked tokens: https://dxsale.app/app/pages/dxlockview?id=8&add=0x4008cc6C42161de6D36e756224e3f1FEd5c27E73&type=tokenlock&chain=BSC

· Airdrop roughly 3% (5,298,000 OUT) — As part of the OUT marketing strategies, we’ll be giving away 2.65% to the people that comply with our Airdrop requirements.

Check our contract! https://www.bscscan.com/token/0x896BAED8A4863FDC10FF67d76c4915d97Bd8798A

PRODUCTS:

OUT WALLET: is a multi-asset digital wallet applications that enable users to buy, sell, exchange, pay and more with their cryptocurrencies and fiat currencies which will be available in emerging markets on the Apple iOS App Store and Google Play Store. Desktop & Web Wallets will be developed after mobile.

KEY FEATURES:

Multi Asset Access over 50 cryptocurrencies, stable coins and fiat currencies. In essence OUT token and major crypto, stable and fiat currencies.

Buy / Sell Buy and sell crypto with a linked debit card, credit card or bank account with SEPA and Swift wire transfers.

Instant Exchanges Convert and swap one cryptocurrency for any other cryptocurrency with instant settlement.

OUT Card: Manage your OUT Visa debit card directly within the app for security and other features.

The OUT Card is a multi-network debit card that enables real-time cryptocurrency to fiat conversions that occur at point-of-sale that comes with high percentage cash back rewards and benefits. The OUT Card will be available in over 30 countries (Emerging Countries) with more regions to be added. All OUT Cards are dual-interface (NFC/EMV) cards with ATM cash access.

Key Features

Spend Instantly

Spend Bitcoin and other cryptos by swiping a few buttons

Crypto is Converted to cash instantly to use

No manual conversion required

Use anywhere

The Cash-Out Visa card will be accepted at over 50 million Visa merchants worldwide

Withdraw cash at ATM’s worldwide

Will also be available on Apple Pay, Google Pay and Samsung Pay

Security Features

Lock and unlock your card instantly

View PIN with security features

Online shopping with fraud protection by Visa 3D Secure

Card Tracking

Real Time Notifications of card transactions

View your entire card history and statements 24/7

Report unauthorized or fraudulently charges instantly

DEBIT CARD OPTIONS:

PACK 1:

The Standard Debit card is our basic card that will require no OUT staking.

PACK 2:

The Gold Debit Card is our next-level Gold card that will require an OUT stake and will give cardholders 2% cash back in Bitcoin on all purchases with 100%.

PACK 3:

The Platinum Debit Card will require a higher amount of OUT stake and will give cardholders 4% cash back in Bitcoin on all purchases with 100%.

PACK 4:

The Black Debit Card is our exclusive Debit Card that will require an even higher of OUT stake and will give cardholders 8% cash back in Bitcoin on all purchases with 100%.

Amounts of OUT staked for each Package will be determined by vote of the Community after launch.

Crypto Savings Account

Users who utilize the Cash-Out Savings have the ability to deposit their cryptocurrencies and stablecoins in interest-bearing accounts on the Cash-Out Wallet platform. Cash-Out Savings gives users options to utilize flexible accounts with no lock-up period or utilize higher interest-rate lock-up accounts to gain maximum interest on their cryptocurrencies. Cash-Out cardholders staking lock-ups will be included in Cash-Out Savings automatically.