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Topic: [ANN] [ICO] SALPay TOKENS: Making Payroll and Remittances cheaper, safer, faster - page 7. (Read 3076 times)

legendary
Activity: 1023
Merit: 1001
Tokenize Fantasy Sports
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.

legendary
Activity: 1147
Merit: 1007
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.
copper member
Activity: 46
Merit: 0
SALPay Tokens ICO
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.
hero member
Activity: 686
Merit: 510
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.
copper member
Activity: 46
Merit: 0
SALPay Tokens ICO
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.
jr. member
Activity: 280
Merit: 3
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?
legendary
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
copper member
Activity: 46
Merit: 0
SALPay Tokens ICO
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.
newbie
Activity: 9
Merit: 0
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.
full member
Activity: 702
Merit: 105
t.me/CryptoPortfel > JOIN
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
newbie
Activity: 12
Merit: 0
hi guys check out this review of salpay ICO

SALPay ICO Review - Philippines OmiseGo?
https://www.youtube.com/watch?v=Oi2uSy-dOfg
The SalPay Project, is looking to open up the financial transactions in Philippines.Meet the cryptocurrency that will help both businesses and individuals send money to the Philippines without the usual costs and hassles.
copper member
Activity: 46
Merit: 0
SALPay Tokens ICO
Salarium and SALPay present
The SALPay ICO Bounty Program



Want to start or grow your crypto savings? Here's your chance!

We're giving away rewards for posts about SALPay Tokens (SALs) and our ICO! The SALPay ICO Bounty Program runs until December 31, 2017 and has 3 categories:

 (1) blog articles
 (2) videos
 (3) the Bitcoin Forum Signature Campaigns

Bounty Program Categories

Blog Articles - 50,000 SALs up for grabs!

Blog articles can be published on any blogging and social media platform and must be publicly accessible. It can be written in any language.
Qualifications
To qualify for our bounty program, a blog article must:
contain 1000 characters or more (excluding spaces);
do any of the following: (1) introduce SALPay Tokens, (2) review SALPay Token's white paper, or (3) offer insights on SALPay Token’s value proposition;
contain (1) at least 2 links to http://ico.salpay.com and (2) links to our Slack (https://slack.salpay.com/)  and Telegram (http://[Suspicious link removed]/SALPayICOTelegram) channels;
have unique content.
Submission of Entries & Rewards
To join, submit your blog article's URL using this form: http://[Suspicious link removed]/BountyReg .
The SALPay ICO Bounty Program Board will review the submitted entries based on their quality, uniqueness, and adherence to the given qualifications. Rewards for the chosen winners are divided into 3 categories: Gold (500 SALs), Silver (300 SALs), and Bronze (100 SALs). Up to 50,000 SALs will be given away for the Blog Article category.




Videos - 250,000 SALs up for grabs!

Videos can be published anywhere on the internet and must be publicly accessible. It can be presented in any language.
Qualifications
To qualify for our bounty program, a video must:
be at least 5 minutes long;
do any of the following: (1) introduce SALPay Tokens, (2) review SALPay Token's white paper, or (3) offer insights on SALPay Token’s value proposition;
have a description that contains (1) at least 1 link to  https://ico.salpay.com and (2) links to our Slack (https://slack.salpay.com/) and Telegram (http://[Suspicious link removed]/SALPayICOTelegram) channels;
have unique content.
Submission of Entries & Rewards
To join, submit your video's URL using this form: http://[Suspicious link removed]/BountyReg .
The SALPay ICO Bounty Program Board will review the submitted entries based on their quality, uniqueness, and adherence to the given qualifications. Rewards for the chosen winners are divided into 3 categories: Gold (5000 SALs), Silver (3000 SALs), and Bronze (1000 SALs). Up to 250,000 SALs will be given away for the Video category.



Bitcoin Forum Signature Campaign - 500,000 SALs up for grabs!
Posts or comments must be made on the Bitcoin Forum (bitcointalk.org) and can be in any language.
Who Can Join
Members with the following statuses are welcome to join the Bitcoin Forum Signature Campaign: Legendary, Hero, Sr. Member, Full Member, and Member.
Qualifications
To qualify for rewards, Bitcoin Forum members with the mentioned statuses must:
Use the SALPay ICO Signature throughout the campaign period (i.e. until December 31);
Write a minimum of 5 constructive (i.e. informative, conveys features and benefits, helps other members understand and appreciate SALPay Tokens better) posts in any thread or page per week on the Bitcoin Forum;
Write a total of 20 constructive posts during the campaign period.
Conditions
No changing of signature during the campaign.
Participants who will fail to post a minimum of 5 posts per week for 2 consecutive weeks will be disqualified.
Spammers and members with multiple accounts will be banned from joining the campaign.
Participants who will receive a negative trust or ban during the campaign period will be disqualified.
We do not offer rewards for members who will post the SALPay avatar WITHOUT the campaign signature.
If qualified, members will earn rewards based on their membership status at the time when they submitted their SALPay ICO Bounty Program Registration Form.
Rewards
To join, submit your post’s URL using this form: http://[Suspicious link removed]/BountyReg .
Rewards for the qualified members are as follows:
Legendary/Hero: 200 SALs
Sr./Full: 150 SALs
Member: 100 SALs
For members using the campaign signature AND the SALPay avatar: +10 SALs
Up to 500,000 SALs will be given away for the Bitcoin Forum Signature Campaign category.


Campaign Signatures
For Members:



For Full Members and others with higher statuses:


SALPay Avatar:
Download the image here: https://drive.google.com/a/salarium.com/file/d/1i9p17DSaQTiPgJJC3ABYnDYpCzh_ztl-/view?usp=sharing


newbie
Activity: 5
Merit: 0
what do you mean open bounty program explain use youtube video
why not create thread, write in here or explain and write in youre site


We will be releasing a signup form for participation in a day or two. Thanks for your interest LieXurui!
copper member
Activity: 46
Merit: 0
SALPay Tokens ICO
What are the benefits of using Sal instead of LTC or some other token ? Assuming that there are BTC ATM's in the country ? It seems that there will be volatility in SAL just like there is with BTC. Possibly even more since it is a low valued token

Hi Red,

Thanks for your questions! The concept of SALPay and the Exchange Network could theoretically be applied with other cryptocurrencies, but the problem in the Philippines and many other countries is that these cryptocurrencies lack liquidity and a network to actually exist.

This is why we are doing the ICO: to provide funds to get the licenses for the exchanges (the only way we can ensure low fees) and to provide liquidity for the network. We are adding it on to an existing fintech ecosystem that already has millions in demand and thousands of users to kickstart the network.

Our card will be the first in this market to enable spending or withdrawing through any ATM with crypto.

Our remittance clients won't deal with volatility since we can offer them a buy-and-sell near instantly removing currency transfer risk, but creating a huge demand on the token network.

If you want to know more about how our services will work, feel free to read our whitepaper: https://ico.salpay.com/wp-content/uploads/2017/12/SALPay-Tokens-Whitepaper-Ver-5.6.pdf

sr. member
Activity: 322
Merit: 250
What are the benefits of using Sal instead of LTC or some other token ? Assuming that there are BTC ATM's in the country ? It seems that there will be volatility in SAL just like there is with BTC. Possibly even more since it is a low valued token
copper member
Activity: 46
Merit: 0
SALPay Tokens ICO
copper member
Activity: 46
Merit: 0
SALPay Tokens ICO
newbie
Activity: 5
Merit: 0
copper member
Activity: 46
Merit: 0
SALPay Tokens ICO
I just read a few days ago that SEC will be reviewing and treat ICO as a security token will the ICO be undergoing KYC?

http://www.manilatimes.net/regulators-eye-wider-virtual-currency-use/364344/

also, i dont see a signature campaign for this ICO it would be such a waste if this is not getting any exposure in the forums since this is the only largest cryptoforum in the internet

Hi, EastSound!

 Yes, we're already compliant with BSP in our current business, of which the ICO will become a part of. Regulation is not really a concern for us. And we are looking into a signature campaign for sure.

Regarding the KYC, yes, this is one of the items specified on the whitepaper:

Quote
The Salarium Initial Coin Offering will be subject to conditions, amongst others, that:
1) Provide Accurate Contact Details (KYC)
2) Execute the Sale Agreement
3) Remit the Purchase Amount

 Thanks for your questions! Let me know if you have any others!
newbie
Activity: 2
Merit: 0
A really great way for BPOs and call centers to save money!  Smiley
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