SALPay Tokens ICO
Hi everyone,
I'm Ed, from Salarium.
Salarium is a Filipino payroll and e-banking platform that already provides services to hundreds of companies, and over 10,000 employees. Most of these employees already use SALPay, our debit MasterCard paired with an e-wallet. We provide banking services to Filipinos that no other banks can.
Most of our customers (about 50%) are
BPOs, so they receive their money from countries abroad. Filipinos get paid twice a month, so the costs of sending the money every 2 weeks through traditional banking are incredibly costly. Not to mention that, once they get their money in the Philippines, they will have to transfer it into our e-wallet ecosystem to pay their employees!
SALPay Tokens solve this problem, that our clients have been asking about. In fact, when we released the first information about our ICO, several of our clients reached out to us to try it as soon as they can!
And SALPay Tokens don't only help us with that: Our currency will also help us tap into the remittance business, which is
huge in the Philippines (overseas Filipinos send around USD26 billion every year, and growing). We can help them send their money straight into an account with a MasterCard, ready to spend or cash out.
With
Smart Contracts, we will also be tapping into the
freelancer market, putting the money in escrow and using our time and work-tracking tools to send the payment to the freelancer as soon as the work is done, or back to the employer if the contract hasn't been honored.
We're all very excited to be introducing Crypto into our existing ecosystem, and we hope you will too.
ICO SUMMARYSAL DescriptionSAL goal is to make fund transfers for salary and remittances cheap, fast and secure using the Ethereum Blockchain technology
Ticker SymbolSAL
Start of Pre Sale22nd November 2017
End of Pre Sale26th November 2017
ICO Start Date27th November 2017
ICO End Date31st December 2017
Air Drop/ Delivery Date31st January 2018
Token Price300 SALs equals 1 ETH (1 USD per SAL)
Total Tokens100M
Minimum Contribution Amount1 ETH or equivalent in BTC
Percentage of all tokens offered to public60% (10% Presale 50% ICO Phase)
Percentage of Tokens for Seeding Exchanges 10% (Exchange loan for liquidity)
Percentage of Tokens for Bounty10% (For Fair Reviews and Videos)
Percentage of Tokens for Shareholders and Staff20% (Lock in period of 6 months for all Salarium full time employees)
Soft Cap for ICO10M (Refunds to participant if goal not met after 22nd December 2017)
Project StatusIn Beta
Token Holder Rewards0.5% of purchase transactions from our Salarium Visa/Mastercard program
PreSale Bonus5%
Accepted Currencies for ICOBTC/ETH
Our website (
https://ico.salpay.com) just went up, so join us! You can read our
whitepaper (currently in English, Chinese, and Japanese), join our
Telegram (
https://t.me/SalPay) and
Slack (
https://salpaytoken.slack.com/) channels, check out our
YouTube videos (
https://youtu.be/TwQ9mLkL6Q0), or access our
bounty program (
https://youtu.be/hLLnyVQ-_SI) to spread the word.
We're looking forward to seeing what the Pinoy bitcointalk community's thoughts are, and I'll be here to be an active part of the conversation.
All the best,
Ed