Help me to approve a project | Reward: $50 pool for each project

[AB de Royse777]

I am not sure in which board I should post this topic but since it's kind of investigation and I will honour some rewards I thought this should be in Service section. I thought of Reputation section and scam accusation board, but it does not fit the idea. Especially scam accusation will be very inappropriate because until they scam, or we find any reason for them to scam.

A project (already have forum profile or not yet) is working on launching on this platform. They come to you and ask to help them to manage their bounty campaign. You look at the project and do not feel comfortable. You smell that it could be a hype/ponzi/scam project, but you are not 100% sure at the same time because they explain why it's not. What would you do? Leave the campaign with the doubt or you go and ensure that there are no doubts. If doubts are clear and turns out the hesitations in you were wrong then you take the project, help them to fulfil their goal. All get the benefits. The project, you and eventually the bounty hunters, signature campaign participants.

The inspiration of the idea is this posted by user Mpamaegbu. It's hard to know if a project will pay or not, even if it looks all okay. I think the hunters always take this massive risk especially when a project is paying in their native tokens, and they have not generated the token yet. But at least this is a small effort to ensure that we eliminate scam projects even before they launch their campaign.


TL;DR;
When I have proposal to work in a project, if somehow I get confuse and need to be 100% sure that it's not a wrong project then I will post the details about it in this topic. You can turn your notification on for this thread. I know there are intelligent members who are very good at spotting scams and I will appreciate the effort. In return, I will share $50 pool each time if the project pass the investigation and I take the responsibility to manager their campaign. If it does not pass the investigation then please create a scam accusation against the project and save the community. Obviously they will have a "no" from me after.

Topic related discussion will be here please: https://bitcointalk.org/index.php?topic=5328445.0

PS: If you are a project owner, your project is legitimate and pass this investigation then you already won a big battle before even launching it in the community. So please do not take this approach against you. For a legit project this step should not be a concern at all.

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[AB de Royse777]

reserved!

[AB de Royse777]

Project website: https://salientinvestmentholding.com/

Let's make it short:
https://imgur.com/a/WMpN0Y3
https://imgur.com/a/soqq31i

Time: 24 hours please

[Bttzed03]

Project website: https://salientinvestmentholding.com/
Archive : https://archive.vn/KaEOt

Let's make it short:
https://imgur.com/a/WMpN0Y3
https://imgur.com/a/soqq31i

Time: 24 hours please

Is there a way to verify the BitGo insurance? The link provided in their WP only redirects to the Bitgo insurance policies but does not tell if Salient is actually insured.

Can they declare the existing businesses they claim from their tier 2 explainer video? e.g. location of property developed/under development and leased.

Their 1-4% dividends to token holders looks the same with how traditional companies operates. There's no guaranteed ROI because it's clear that dividends will come from the profits which was projected to be 20-30% annually.

The problem is their affiliate program. I'm suspicious of their terms that you also need to buy SIH before you qualify for the reward (the higher you hold, the higher the rank, the higher the reward). I don't think they needed that.

If they can remove their affiliate program (or at least revise it) and clear the questions I raised, they're good to me.

[AB de Royse777]

@Bttzed03, I invited them into this topic. Hopefully they will answer here.

[Mpamaegbu]

Oh! So, my concern in that post actually birthed this thread. I'm very glad I expressed it. I like your kind of person. If not that my avatar space is taken by my current campaign I would've placed yours there. I like spreading news of goodwill from honourable wo/men.

[clintk]

Is there a way to verify the BitGo insurance? The link provided in their WP only redirects to the Bitgo insurance policies but does not tell if Salient is actually insured.

Can they declare the existing businesses they claim from their tier 2 explainer video? e.g. location of property developed/under development and leased.

Their 1-4% dividends to token holders looks the same with how traditional companies operates. There's no guaranteed ROI because it's clear that dividends will come from the profits which was projected to be 20-30% annually.

The problem is their affiliate program. I'm suspicious of their terms that you also need to buy SIH before you qualify for the reward (the higher you hold, the higher the rank, the higher the reward). I don't think they needed that.

If they can remove their affiliate program (or at least revise it) and clear the questions I raised, they're good to me.

Because you have asked 4 different questions , we will deal with each one, separately.  This will give other interested parties the chance to join in and to also interact on each specific topic.

To answer your first question, SIH is integrated with BitGo (for Custodial wallet protection). As used by Major exchanges like Bitstamp / Bittrex etc
This means that any funds in your account, held by our platform, is stored securely with BitGo, who is insured for $100 million.
Follow the link below and Scroll though the listings to "S" of the token list and you will find us.
https://www.bitgo.com/resources/integrations/

Does that cover your question?

[clintk]

Can they declare the existing businesses they claim from their tier 2 explainer video? e.g. location of property developed/under development and leased.

We assume that your question regarding our business, stems from a concern for the security of your investment?
Much of our business is confidential and protected by relevant licenses and non-disclosure agreements. So we cannot just list all this information on a public forum.

To ensure peace of mind for public investors, SIH uses the CoinCover Deposit Protection Guarantee.
This means that you will be able to recover your funds in the event that SIH ceases operations due to business failure, catastrophic systems failure or catastrophic data loss. (see our WP,  p12)
This covers all cryptocurrency held in user wallets up to a maximum of $100 000 per wallet
https://certificates.coincover.com/Salient%20Investments/Salient%20Investments-119-1.pdf

However, for substantial investments and upon signature of the relevant documentation, then information will be disclosed.

[clintk]

Their 1-4% dividends to token holders looks the same with how traditional companies operates. There's no guaranteed ROI because it's clear that dividends will come from the profits which was projected to be 20-30% annually.

It is correct that we do not guarantee the ROI. However our diversified business model has proved successful. Not only have we met our projected returns, but, we have in fact exceeded them.
See the attached chart, which can be verified on the blockchain.

[clintk]

Project website: https://salientinvestmentholding.com/
Archive : https://archive.vn/KaEOt

Let's make it short:
https://imgur.com/a/WMpN0Y3
https://imgur.com/a/soqq31i

Time: 24 hours please

Is there a way to verify the BitGo insurance? The link provided in their WP only redirects to the Bitgo insurance policies but does not tell if Salient is actually insured.

Can they declare the existing businesses they claim from their tier 2 explainer video? e.g. location of property developed/under development and leased.

Their 1-4% dividends to token holders looks the same with how traditional companies operates. There's no guaranteed ROI because it's clear that dividends will come from the profits which was projected to be 20-30% annually.

The problem is their affiliate program. I'm suspicious of their terms that you also need to buy SIH before you qualify for the reward (the higher you hold, the higher the rank, the higher the reward). I don't think they needed that.

If they can remove their affiliate program (or at least revise it) and clear the questions I raised, they're good to me.

The reward program offers 2 different types of reward. So we are not sure which one you were referring to?
There are Dividend rewards, which are paid monthly and are based on the value of your investment (ie how many SIH tokens you own / hold).
Then there are Commission rewards, which are based on your performance of marketing referrals.

Having considered your request for a revision of the structure of the ranking, we are considering doing away with the minimum investment of 100 SIH to qualify you for commissions.
Creating an account is already free. So, anyone with an account could then refer investors and receive the proportionate commission.

We look forward to feedback from the community regarding this change.

[AB de Royse777]

@Bttzed03 would you like to continue with clintk and give a conclusion please.
@clintk thanks for making the account and decided to communicate here to be open to the community.

[Bttzed03]

@Bttzed03 would you like to continue with clintk and give a conclusion please.

Sorry mate, I read the responses two days ago but I was busy with gambling

~
To answer your first question, SIH is integrated with BitGo (for Custodial wallet protection). As used by Major exchanges like Bitstamp / Bittrex etc
This means that any funds in your account, held by our platform, is stored securely with BitGo, who is insured for $100 million.
Follow the link below and Scroll though the listings to "S" of the token list and you will find us.
https://www.bitgo.com/resources/integrations/

Cleared. Found SIH on their list of tokens under custody.

~
We assume that your question regarding our business, stems from a concern for the security of your investment?
Much of our business is confidential and protected by relevant licenses and non-disclosure agreements. So we cannot just list all this information on a public forum.
~
However, for substantial investments and upon signature of the relevant documentation, then information will be disclosed.

I'm trying to verify what was stated in your Tier 2 explainer video. The video says

the proceeds from the sale will be deployed into expanding our existing business operations

As I understand from that statement, information about these existing businesses should be readily available for any potential investor. Anyway, maybe you could disclose that to @Royse777 privately if you insist it shouldn't be posted on a public forum.

~
The reward program offers 2 different types of reward. So we are not sure which one you were referring to?
There are Dividend rewards, which are paid monthly and are based on the value of your investment (ie how many SIH tokens you own / hold).
Then there are Commission rewards, which are based on your performance of marketing referrals.

Having considered your request for a revision of the structure of the ranking, we are considering doing away with the minimum investment of 100 SIH to qualify you for commissions.
Creating an account is already free. So, anyone with an account could then refer investors and receive the proportionate commission.

We look forward to feedback from the community regarding this change.

I was referring to the commission rewards in your affiliate program. Thank you for considering to revise it.

What if you remove the Unilevel system and have a fix rate per referral for each rank (e.g. starter - 2%, standard - 4%, advance - 6%, premium - 8%)? That system would completely remove the idea of a pyramid scheme.

[clintk]

Our confidentiality agreements limit us from sharing information about our business partnerships, unless this is preceded by the conclusion of confidentiality agreements with the concerned party.
This is a time consuming and expensive process. We only do it with institutions like our insurers (due to money laundering regulations).
For private investments exceeding $100 000 , we offer collateral, audit reports or project linked investment ( depending on the size of the investment ).
Investments below $100 000 are covered by our insurance with CoinCover up to $100 000

Anyone with an account can use their link to refer new investors and will be paid the relevant commissions.
The 80% buyback guarantee means that we have to limit expenses (including commissions) to a total of 20%.
So if someone on the starter rank, with 5 levels established in their network, invests their commission into SIH, they elevate themselves to the advanced or premium rank,
they would lose a large part of their network (and potential commission) if we took out the marketing system.

Remember the Marketing system only refers to the platform, which is Option 1!
Its made to help people who don't have lots of investment funds to build up a network and earn something.
Look at it as if our users are doing the advertising for us, instead of paying for advertising.

Option 2 is to Buy tokens, deposit into your own wallet and hold it there. At the end of each month you will also get rewards without using the platform

[Bttzed03]

@Royse777 I have nothing to add in this conversation. It seems we cannot extract more information and have to take their word about their existing businesses. It also looks like the project's affiliate reward program couldn't be changed further.

I don't know if I was able to help but yeah it's up to you now.