Post
Topic
Board Announcements (Altcoins)
Re: SALT Community Membership
by
indeed
on 26/11/2017, 14:40:59 UTC
"You are member #1273 in queue to be granted full access to the platform and the ability to purchase SALT Memberships."

That means i can not buy any salt ,  bofere i get full access ??

How long is to wait in that long queue ?

Like the person above said, you can buy them on an exchange. Also, when they put them on the exchange it killed the value of the coin. You only need like 3 for membership so its a waste to buy a lot of them. I bought when this was the talk of the cryptoworld but I feel like I was scammed. Proceed with caution until they actual produce a product or service. They have enough money to start lending money now, I think they have legal issues to work through so they are stalling. If they come through on their promises, I will be their biggest supporter. Until then I am just a guy sitting on a stack of SALT. Blah

I don't think you quite understand what you bought.  For the lowest level sure, but  for higher levels you need more. Secondly, there is more utility to the token than membership. You can use them to pay down the interest rates apparently. I don't know the details, but if this is anything like mortgage interest points, where you can pay cash up front to lower your interest rate, at a fixed $25 redemption value (even if you only paid current market rate of around $4 or less) that token has a lot of utility, particularly if you can get it at a discount rate, which we apparently can do right now.

In other words - if people can pay down interest rates at $25 per token, and we can buy them at a significant discount now, think about that for a minute...

Maybe I've got it wrong, but this seems like a big opportunity assuming the project launches as planned next month.