I got asked this question few times already, in one form or another....“What is SaluS?”
I guess just because the concept and the structure was clear in my head, since I thought of it, might not have been so clear in my presentation, or at least aspects of it. I’ll take some blame for that, maybe it lacks specific details that I should’ve of included. But I figured, given the info posted within the OP, it would suffice to get the idea behind concept across.
So here it goes...
At the moment it's nothing more than just an experimental cryptocurrency based on open source, decentralized blockchain.
What makes it different? In a nutshell, It creates demand by utilizing its own built in features and other cryptocurrencies and their features.
There are also affiliate programs and mining pools, and other crypto related services that reward cryptos, which will act as additional sources of revenue, where all rewards generated by the community via these services will end up in the SaluS reserve in order to further increase demand.
I’ve heard SLS being labeled many things, “Asset based, shares, hedge fund, etc.. it's none of that. It's something new, unique, and experimental which has not yet taken its true form. Labeling what SaluS is now would potentially hinder what it could become.
Most things will become clearer in time, as things play out and people see SaluS in action.
However, this is only scratching the surface of things to come. There are ideas and improvements that are being conceptualized to further improve, optimize, automate and decentralize many aspects of the current and future functions in a “democratic” fashion.
But I won't post anything specific, unless it's in the works and/or deliverable, Mainly for two reasons.
1) Maintain “first to market” advantage. (Already said too much)
2) Actions speak louder than words.
I have created and experimented with many first of its kind crypto projects.
Including the first PoS cloud staking service.https://bitcointalk.org/index.php?topic=834599
A self sustainable, endowment based, Job framework designed to work with HYP PoS coin.https://bitcointalk.org/index.php?topic=874606.0
I have assisted others with their projects whenever and with whatever I could, have learned a lot over many years from my mistakes, mistakes of others, what works, what doesn’t and have not been afraid to experiment and test new grounds.
But most importantly, It's the like minded people that I have come to network with, brain storm and be part of new and existing crypto projects.
My post history will also show that I have been very vocal and active in stopping scams, going after scammers and warning others of potential or obvious scams.
Along the lines of which I have created an insider IRC channel that consists of members that I consider to be one of the few credible and capable folks in crypto community.
So what is SaluS, it's the end product of my experience, knowledge, and experiments; I guess it has been years in the making. It's a concept that I’ve been toying with for a long time, poking holes at, putting together like puzzle pieces. The timing of the release was just as important. I only released it because I felt it was ready, that I was ready and because it felt right.
Once things settle down with SaluS and takes a life of its own. I will start work on a financial instrument I like to call the “Holy Grail,” which is another project that I feel passionate about. I would consider it to be a game changer. This could be part of SaluS or a separate project. However, if this project comes to fruition with the help of SaluS, I will ensure that it also benefits from it.
With that said, don’t go in to SaluS of things to come, that's just speculation, but for what it is in its current form. Anything else is just me sharing hints of my ideas/projects that I feel passionate about.
I hope that clarified Nothing
Please PM me or post your questions or concerns.