There are 2 threads for Salpay.
My question was left unanswered in the other thread so I will ask here
How do you plan to remove the volatility from the token ? People that are outsourced workers living in the Philippines will not want to have fluctuating value of their paycheck between the time being paid and the time when it is spent.
If you remove the volatility then what benefit is there of contributors to the ICO to hold the token ?
It seems that you cant have it both ways. And we all know that prices of tokens don't always go up
Hi, sorry about that. There's a lot going on lately with press, our telegram channel (
https://t.me/SALPayICO), etc.
Regarding the question about volatility, we will execute an automatic buy-and-sell of the tokens, which will remove all volatility in a per-transaction basis. Regarding the contributions and the value of the token, I have to say that we see this as a utility token, and the value will fluctuate in long term depending mainly on the volume needed to transact, cased on the supply and demand. Volatility is a two way street; we see SALs as a HODL Token.
There are many reviews from youtubers that have pointed this out. Here's a random one:
https://youtu.be/IEiN8lBuab4