SALT is indeed something special, they have done a shadowy ICO though which I really don't like. Even though the overall idea is great and we might see the price rocketing to 50 or 100, I think 100 is the minimum it will reach once the platform is operations, I evaluate that based on: You need one token to get a loan. Min loan is at about 10,000 and interest is about 10%, so how much would people be willing to pay to get a loan (how much above 10%?) I would say 11% for sure, which is 10,100 - 10,000 = 100$ / SALT, but it can easily go to 12 or 13% which would translate to 200-300$ respectively. The outlook is quite bright and even though they messed up their ICO and greedy distributions, I wish them all the best.
It had Erik Voorhees on the team among others, so I guess their definition of shady is a lot different than what most of us normal people here have. I think salt is a great idea too, but I don't know. This idea of P2P lending to me is like cloud mining. Great concept, wonderful theory. On paper, it seems almost guaranteed, with all kinds of ratings and measurements.
But then all of them eventually fail, and I worry salt will face problems down the road. It already showed that it got greedy. When things fall apart they'll just check out.
