[ANN] [ICO] SALPay TOKENS: Making Payroll and Remittances cheaper, safer, faster

[rpgmasters]

My review on steemit https://steemit.com/ico/@onlyaltcoins/obzor-ico-salpay-sal

p.s. CAP now reduced to 20 mln ^^so its very positive

[decreo]

Hi SALpay, regarding exchange, I'm not sure if I just missed it, but what coins are you going to be listed in the early stage?

Also what are the fees that you are going to asses?

This also looks like a business account, will individuals benefit from it without being connected to business?

TIA.

[EdGutierrez]

Hi SALpay, regarding exchange, I'm not sure if I just missed it, but what coins are you going to be listed in the early stage?

Also what are the fees that you are going to asses?

This also looks like a business account, will individuals benefit from it without being connected to business?

TIA.

Hi Decreo,

 Our goal is to create exchanges in several countries (see the roadmap on our whitepaper), as well as in other major exchanges, and we are aiming to keep our fees at 1% or less for the fiat to fiat conversion.

 Regarding the business accounts, you're correct. We have an existing business that caters to other businesses and then to their employees, but we have plans to offer our services directly to consumers next year.

[BlockEye]

New salpay Bounty Program: https://bitcointalk.org/index.php?topic=2559564.msg26073880#msg26073880

[ETHtotheMOON1]

Remittences are probably the only proven application of btc that is of real use, except for black markets and sepculations. I like what crypto can do for these people. How do you manage to hedge the price while remittances are sent?

[EdGutierrez]

Remittences are probably the only proven application of btc that is of real use, except for black markets and sepculations. I like what crypto can do for these people. How do you manage to hedge the price while remittances are sent?

Hi ETHtotheMOON1,

 I think there are more applications for blockchain technology, and we're slowly going to see many of them.
 Regarding the remittance spread, we will simultaneously will sell the SALs and buy them with different currencies in both exchanges, therefore controlling that the spread is minimum. So, for users, they will just buy PHP with USD (or whatever other currency). SALPay Tokens will only be the conduit.

 That's how we will manage to make this faster AND cheaper.

[ilovefeetsmell]

Nice to know Salpay have a safer, cheaper and faster transaction. I hope it will run smoothly like the other popular remittances can be found here in the Philippines.

[EdGutierrez]

Nice to know Salpay have a safer, cheaper and faster transaction. I hope it will run smoothly like the other popular remittances can be found here in the Philippines.

Definitely! Not only will it run smoothly, but it will go straight into a debit card.

[MintCondition]

Nice to know Salpay have a safer, cheaper and faster transaction. I hope it will run smoothly like the other popular remittances can be found here in the Philippines.

Definitely! Not only will it run smoothly, but it will go straight into a debit card.

That's good to jear, this project is really promising knowing that its background with popular establishments and businesses, this will definitely will help companies for easy and convenient transactions.

[ofeefee]

Hi guys,

I see that you will offer a Bitcoin Debit MC. Who do you plan to use as card provider? MyChoice or another EU based company? I hate the new AML rules regarding MyChoice cards - 100E total withdraw limit for unverified accounts.

[Kriptos]

Nice to know Salpay have a safer, cheaper and faster transaction. I hope it will run smoothly like the other popular remittances can be found here in the Philippines.

Definitely! Not only will it run smoothly, but it will go straight into a debit card.

That's good to jear, this project is really promising knowing that its background with popular establishments and businesses, this will definitely will help companies for easy and convenient transactions.

the project SALPAY with the transaction more secure, inexpensive, and most importantly, fast.
I will support this project. because the project is very promising with a good background.
a successful project.

[Planton]

Nice to know Salpay have a safer, cheaper and faster transaction. I hope it will run smoothly like the other popular remittances can be found here in the Philippines.

Definitely! Not only will it run smoothly, but it will go straight into a debit card.

That's good to jear, this project is really promising knowing that its background with popular establishments and businesses, this will definitely will help companies for easy and convenient transactions.

the project SALPAY with the transaction more secure, inexpensive, and most importantly, fast.
I will support this project. because the project is very promising with a good background.
a successful project.

wahh .. a very big project. certainly many who are interested in this project. because of the Nice project. by having a very safe transaction and definitely fast. good luck.

[erikalui]

Hindi ANN: https://bitcointalk.org/index.php?topic=2597011

[Red_Sanford]

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

[nedjuly]

The project is powerful and impressive. I think he will surprise us in the future. Tell me, please, do you need KYC for bounty campaign or is it just for investors?

[EdGutierrez]

Hi guys,

I see that you will offer a Bitcoin Debit MC. Who do you plan to use as card provider? MyChoice or another EU based company? I hate the new AML rules regarding MyChoice cards - 100E total withdraw limit for unverified accounts.

We already have our own card suppliers, and we have thousands of cards already in use in the Philippines. As we expand to other countries, we will partner with other suppliers and institutions in a per-case basis. Here's our proof of concept video buying and selling SALs (not bitcoin): https://youtu.be/4hTwKzEoWd4

[EdGutierrez]

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

[EdGutierrez]

The project is powerful and impressive. I think he will surprise us in the future. Tell me, please, do you need KYC for bounty campaign or is it just for investors?

Hi, we are doing a KYC for everyone who will hold a token.

[EdGutierrez]

Hi all, we're getting a lot of buzz lately!

If you aren't already, you can check our medium posts at https://www.medium.com/salpay

If you don't feel like reading, here's one of the first reviews we ever got. It still talks about our previous site, and the new cap is 20M, but the information is solid, and Crypto Coins knows what he's talking about: https://youtu.be/1Il4RXW8PMo

[borisovartem]

The idea looks interesting, but there's not a lot of information. I bet i heard 2 - 3 similar projects, any difference between you and them? What will be its use and initial value per token?