[ANN] SLT: Decentralized market [ICO]

[DrearyUrbanite]

with few words what's the role of the tokens? Will there be dividends for the tokenholders? Thank you

Thank you for your interest, we have explaind everything in our video and in white paper except dividends. Yes, dividends will be distributed to holders when we launch decentralized exchange, users will be able to stake their SLT tokens and recieve dividends which will be shared from trade fees.

White Paper: https://sltpos.com/content/site/sltwhitepaper-min.pdf
Video: https://www.youtube.com/watch?time_continue=2&v=Nr7F76E2CEw

Ok but this will definitely make SLT a security right? It wouldn't be great but I guess that in unavoidable?

I think I get you what you are trying to say/ask. You mixed up a grammar a little, no worries

Well our exchange platform is purely P2P and we do not have our private chain (block) so security on our exchange platform depends on how much transactions are secure from other platforms for example, Waves, Etherum, Strat, NEO etc. All of them have their own chain technology (transactions, smart contracts for something else except transactions etc) which our memebrs will use to execute trades.

Take a look https://bisq.network ---> this one of many decentralized exchanges on the market.
Check out the most popular as well ----> https://www.investinblockchain.com/best-decentralized-exchanges/
A little bit about decentralized exchanges ---->https://hackernoon.com/decentralized-cryptocurrency-exchanges-93039613eeb7

I hope I answered your questions. If not please be free to ask more

Sorry for being imprecise, but I was rather referring to the SLT token being a security as per the SEC. And if the token represents a security there are a lot of additional regulatory implications. Is that correct?

Thank you for clarifying your query. No, SLt is not security token, is a utility token. It does not represent share of a company, it just represents companys services. In our case, our service is withdrawing crypto currencies  on ATMs or spending with our card by selling your crypto currencies for SLToken and selling SLToken for fiat + trading tokens on our decentralized platform.

You are familiar with kucoin and binance exchanges, right ? imagine if they have a feature (mobile wallet, ecxchanger) where you can sell ( exchange your BNB token or KCS token for fiat on your card + their exchange platform is decentralized.

So, SLT is utility token not a security token.

You can find out more about the difference between security and utility tokens here ---> https://medium.com/@bonpay/security-tokens-vs-utility-tokens-1aa7531aabe8

one more example is crypto bridge token and decentralized exchange http://crypto-bridge.com

part of the profit generated from trading fee will be distributed to SLT holders but not like dividends it is more like a informal "staking".

I know that you define it as a utility token and I see why you are doing it, but do you think authorities will agree? If you pay dividends to token holders, doesn't that make it a security?

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[strijela009]

I am so glad I am early adopter of this coin, and getting listed on Coinpayments (one of my favorite wallets) while ICO still lasts speaks for itself! Tokens still sells for just $0.50, am surprised why they aren't all sold? Those who haven't bought will surely regret it later. So this month SLT will be listed on exchange right? I am looking forward to it 

[bokiap]

SLT TOKEN is amazing opportunity for everyone! I ve got my SLTokens in Presale and in Round1 and look how much they worth now! Do not miss this chance x5 x6 profit.

[SLT]

What is the difference between your development and the offers of competitors? what advantages can you single out?

Thank you for your question. Our advantages are lower fees and cashing out your profits on our card. And answer on question how we are going to have our own card if wavecrest stopped issuing cards to business involved with crypto. We plan to lunch our exchange in Q1 2019 until than they have to open they doors to crypto based businesses, why ? because they are under the pressure right now and pressure from crypto communities will only rise. 2018 is all about regulations and adoptions. But when they do start again business with crypto based businesses we will make sure that we have everything ready to apply.

[SLT]

The thing that is most interesting for me when I'm looking at some coin is supply.
When I see supply of some coin I can make a conclusion about the price that will be on the market. Here I see only 5mil and looks like there will be less tokens because all will not be sold.

They are going out on the exchanger in this month and beside that Coinpayments accepted them and gave a good estimated price of $3.30.
Price at the moment is $0.50... there is no reason not to buy SLT.

So I invested  and waiting for your exchanger because the price can go very high with this supply.
Some tokens/coins have 50 mil supply and their price is $20 so SLT can go even to $200.
Personally believe in this project so keep going! Thank you!

Thank you for your support, yes that is correct math goes in our favor.

[SLT]

with few words what's the role of the tokens? Will there be dividends for the tokenholders? Thank you

Thank you for your interest, we have explaind everything in our video and in white paper except dividends. Yes, dividends will be distributed to holders when we launch decentralized exchange, users will be able to stake their SLT tokens and recieve dividends which will be shared from trade fees.

White Paper: https://sltpos.com/content/site/sltwhitepaper-min.pdf
Video: https://www.youtube.com/watch?time_continue=2&v=Nr7F76E2CEw

Ok but this will definitely make SLT a security right? It wouldn't be great but I guess that in unavoidable?

I think I get you what you are trying to say/ask. You mixed up a grammar a little, no worries

Well our exchange platform is purely P2P and we do not have our private chain (block) so security on our exchange platform depends on how much transactions are secure from other platforms for example, Waves, Etherum, Strat, NEO etc. All of them have their own chain technology (transactions, smart contracts for something else except transactions etc) which our memebrs will use to execute trades.

Take a look https://bisq.network ---> this one of many decentralized exchanges on the market.
Check out the most popular as well ----> https://www.investinblockchain.com/best-decentralized-exchanges/
A little bit about decentralized exchanges ---->https://hackernoon.com/decentralized-cryptocurrency-exchanges-93039613eeb7

I hope I answered your questions. If not please be free to ask more

Sorry for being imprecise, but I was rather referring to the SLT token being a security as per the SEC. And if the token represents a security there are a lot of additional regulatory implications. Is that correct?

Thank you for clarifying your query. No, SLt is not security token, is a utility token. It does not represent share of a company, it just represents companys services. In our case, our service is withdrawing crypto currencies  on ATMs or spending with our card by selling your crypto currencies for SLToken and selling SLToken for fiat + trading tokens on our decentralized platform.

You are familiar with kucoin and binance exchanges, right ? imagine if they have a feature (mobile wallet, ecxchanger) where you can sell ( exchange your BNB token or KCS token for fiat on your card + their exchange platform is decentralized.

So, SLT is utility token not a security token.

You can find out more about the difference between security and utility tokens here ---> https://medium.com/@bonpay/security-tokens-vs-utility-tokens-1aa7531aabe8

one more example is crypto bridge token and decentralized exchange http://crypto-bridge.com

part of the profit generated from trading fee will be distributed to SLT holders but not like dividends it is more like a informal "staking".

I know that you define it as a utility token and I see why you are doing it, but do you think authorities will agree? If you pay dividends to token holders, doesn't that make it a security?

Yeap you are right, authorities will have few questions for us but only when we launch our exchange and start giving dividends (if we do not find any other way to compliment our trusted holders). Right now is utility token, if we change it to security we will apply to authorities our token, so they can run background tests of dev team our business plan, financial plan, how much (if any) our token avoids the law what ever they want. As a first target we want to rise capital to finish our exchange + mobile wallet (exchanger) + input for a card when wavecrest decides to start business again. if not, well they are not the only one with such a service but they are the biggest name.  There is no reason yet to classified our token as a security.

[SLT]

SLT TOKEN is amazing opportunity for everyone! I ve got my SLTokens in Presale and in Round1 and look how much they worth now! Do not miss this chance x5 x6 profit.

Thank you for your support and optimism

[Edgar9]

How much does the token cost? How many will there be?

[SLT]

How much does the token cost? How many will there be?

Thank you for your query. At his point ( last ICO phase Round2) SLT price is 0.50$ per token.
Total supply will be 20 mil. After ICO is finished we will burn 80 mil. tokens from current current total suply of 100 mil.
Circulation supply will be 5 mil.

If anything changes we will notify on time all holders.

[vivax]

Hello, project looks interesting, but how is it that there are no team members listed on the ico website?
Who is the owner of SLT, what is his/her experience and background in this industry, who are ico advisors, where in the world is this company located, is this a registered company and how many employees do you have ?
Thanks.

[ljubica]

hello   
i've been watching SLT team working on this since day one and invested in them at start.It is a project  to hold onto and to have a big jump in future.early coinpyments listing proves it! great price.
thumbs up 

[gonhunter]

how to check my balance coin paid at your pool....because no data available

[SLT]

We have decided that ICO will END on May 20th because we are already in contact with the few exchanges so it is time to end ICO sale
"The fast movers will reap exponential benefits. Don't get left behind."
 Estimated value of SLT is $3 according  to Coinpayments, so don't miss the opportunity to buy SLT for only $0.50 !

[SLT]

how to check my balance coin paid at your pool....because no data available
Hello,
if you bought tokens then you have your tokens on your balance.
Update your profile on the website and put your wallet and you will receive your tokens on Coinpayments or Myetherwallet.

If you have more questions, don't hesitate to ask.


If you send us support ticket you will receive faster reply.

[SLT]

Hello, project looks interesting, but how is it that there are no team members listed on the ico website?
Who is the owner of SLT, what is his/her experience and background in this industry, who are ico advisors, where in the world is this company located, is this a registered company and how many employees do you have ?
Thanks.

Hello,
thank you for your question.

If you take a look in our Facebook group or Telegram group you will see the profiles of all team members.
Also it's not a problem to send us a message and to contact us on FB, Telegram or Skype.
In short words... All team members are real people that work online several years (10+). Also we are all very well known to people that work online.
We were all  witnesses that different teams were puting pictures of actors and fake profiles on the websites but we didn't want to do that.

Why we created SLT and started this project?
We are all traders and online workers that are facing with the same problem every day.
Withdrawals to other exchangers or to debit card, KYC, high fees..etc
 So we decided to do something about that and to change some things.

Crypto community recognized our work and we have full support.

Thank you for your question! If you need more info please don't hesitate to ask

 

[Stellr]

The potential of this project is very good, coupled with a team that has great ability (judging by how the team answers all the questions in this forum)

[ninjaskip]

What is the difference between your development and the offers of competitors? what advantages can you single out?

Thank you for your question. Our advantages are lower fees and cashing out your profits on our card. And answer on question how we are going to have our own card if wavecrest stopped issuing cards to business involved with crypto. We plan to lunch our exchange in Q1 2019 until than they have to open they doors to crypto based businesses, why ? because they are under the pressure right now and pressure from crypto communities will only rise. 2018 is all about regulations and adoptions. But when they do start again business with crypto based businesses we will make sure that we have everything ready to apply.

The pressure will indeed rise but not only on them, also on you as there will be a lot of competition. So things could turn around quickly.

[doors]

All in.. this is my balance from Coinpayments and I'm thinking to buy more until ICO period is active!

What do you think about that?

http://tinypic.com/view.php?pic=vq5pfn&s=9#.WvS4wpe-nIU

[SLT]

Congrats!!

Thank you for your big support!

[bbteam]

This is mine 

http://i67.tinypic.com/4u6ff6.jpg