Well, SALT has a bright future if it can be implemented in regions like Southeast Asia where the percentage of unbanked population is staggering... Even though there are companies which are trying to put financial products like credit cards and cash cards closer to population like http://www.umayplus.com/cashcard/, there's still a long way to go. That company is in Thailand, but am pretty sure that there are similar alternatives in other countries of the region.
I believe in SALT and think it is a promising project, and I was pretty happy when I woke up this morning and saw this: https://www.facebook.com/SALTLENDING/photos/a.304625613286394.1073741829.211253932623563/407050103043944/
as it seems they are moving towards real-world integration pretty well, so if they gain terrains in regions like Southeast Asia, then things will get even better.
It is a long-term hold, and I'm glad I had the chance to buy under ICO price
. I will simply hold it and forget about it, because it has a real-world use, the team is pretty good and yeah if they do things correctly then the project will succeed.
I believe in SALT and think it is a promising project, and I was pretty happy when I woke up this morning and saw this: https://www.facebook.com/SALTLENDING/photos/a.304625613286394.1073741829.211253932623563/407050103043944/
as it seems they are moving towards real-world integration pretty well, so if they gain terrains in regions like Southeast Asia, then things will get even better.
It is a long-term hold, and I'm glad I had the chance to buy under ICO price
. I will simply hold it and forget about it, because it has a real-world use, the team is pretty good and yeah if they do things correctly then the project will succeed. Did you even read the whitepaper? Do you even understand why this technology is being used and for what goals? How the eff does unbanked population of any region comes under the scope of what Salt is doing? Salt needs 125% collateral in crypto currency, before they will even give you loan. And please go and ask on their telegram channel - what happens if the value of crypto goes down during loan period, they will simply state that your collateral will be liquidated.
And please you will never be able to buy it under ICO price, the ICO tiers started from 0.25$, redistributed among devs and insiders most probably.