How Bags grows

A crypto trading app built around group chats and a token launchpad, Bags grows by paying users to bring in other traders: most of its 1% trading fee goes to whoever invited or tipped off the buyer, and token creators earn a cut of every trade. The founder also builds invite screens into all his apps. Few results were reported for these tactics.

• Bags charges 1% on trades and passes most of it to the friend who invited the trader or the group-chat member who posted a token another user then bought.Bags
• Its token launchpad pays creators 1% of every trade rather than only the launch, so $2M of volume would earn a creator $20,000.Bags
• The founder adds invite screens and share prompts, sometimes forced, to his apps, including Bags and NGL, aiming for a set share of paid users to invite a friend right away and so lower the effective cost per install.NGL
• Bags lets users deposit with Apple Pay through MoonPay, send money by username and buy any token with a quick-buy button.Bags

Summary written 2026-09-26 from the tactics below. Figures are as founders stated them.