/biz/ - Business & Finance

Hey, I discovered this new token that allows you to receive crypto loans with a small collateral. You can literally print money with this. Just ask for a loan and invest in btc/ eth or anything that you're sure is going up in the long-run and profit.

I'm warning you boy.

>>5103605
SUB - $7
LINK - $8
ChainTrade - $15
REQ - $4
SALT - $150

We mooning boys

>>4423940

you are coming off a little S A L T Y

>>4352237

I want a little bit of sweetness in my life. So much of it is JUST, right now

>>4274533
I wonder how much she can Ogre Hand Press

where my /fit/ bois at

Don't post any pink wojaks on my board when this fucker trades between $15-25 eoy on all major exchanges.

>>4271689
What is the biggest problem for any kind of financial startup like a bank, insurance, or investment company? It's getting the upfront cash to efficiently conduct business. You need a ton of capital for a lending platform starting out because you need money to lend out to a lot of people so that the law of large numbers averages out risk and you don't get shrekt by one or two unlucky defaults or bad investments starting out.

ICO for SALT solves this problem and got them to the marketcap they're currently at, roughly 200million which should be enough to conduct business.

The token is used for platform membership, which makes the initial investors who fronted SALT the capital to successfully start a lending platform happy and will get them value, since the price of the token from SALT directly is $25. The rumor is that also each token will pay $25 worth of interest on a SALT loan.

There will be demand for the token because this platform makes too much sense for crypto traders as far as liquidity and avoiding taxes, but if you're not interested in the platform the token does nothing for you besides probably making you a lot of money if the platform succeeds.

Hopefully that makes sense as far as why a token is needed.

TL;DR Service like SALT needs a ton of startup capital to get going, ICO is a good method of funding it, SALT is essentially buying back all SALT tokens at $25 worth of value if you are using the token on their platform.

WE'RE GOING UP BOYS, BRING ON THAT SALT LENDING!
GET IN BEFORE IT'S TOO LATE.

SALT

>>4186679

>>4228330
You forgot pic. Do you want to be the chef or the snail?

>>4223422
It might be coming out this week

Don't say I didn't try to tell you anon.

>>4212175

>>4198765
Yes anon, already purchased 50,000 salts at ATL

This is such an easy hold.

https://twitter.com/saltlending/status/922921511366692864

Scroll up

https://coinmarketcap.com/currencies/salt

https://youtu.be/KarlukxdShM?t=2m21s

https://www.youtube.com/watch?v=ken4CBBrMPA&feature=youtu.be&t=3m9s

https://www.youtube.com/watch?v=DsQXQYREZLc