SALT: Looking Back, Looking Forward2017 was a formative year, both for SALT and for the blockchain space as a whole. We are honored to have the opportunity to serve the 50k members that have joined SALT’s community. As we continue to expand the launch of our Blockchain-Backed Loans™ we would like to take the opportunity to discuss what we’ve accomplished thus far as well as some exciting changes that members can expect in the coming months!
We launched our product rollout on December 28th, 2017 to enormous demand and a flood of loan applications. To date, we have funded $7,159,000 in business and personal loans secured by Bitcoin and Ethereum collateral! We are continuing to take a careful and prudent approach to the rollout of our platform and are closely monitoring every detail of these initial loans. This process has been, and will continue to be, invaluable in our efforts to test and improve the technology, systems and policies we’ve built. The efforts spent now will be crucial for SALT’s success in the future as we diligently work to address the more than $550,000,000 in loan requests that we received in the first week alone.
We appreciate our community’s patience as we invest the time and resources needed to safely bring this much needed, long-term lending solution to every one of our members. SALT owes its progress and success to our community- we thank you for your support, feedback, and involvement!
https://blog.saltlending.com/salt-looking-back-looking-forward-37614ba14755
