Topic: 🌟SIH🌟 (Read 136 times)

Once again we don't know how you can say the above? An overview of our business is presented on the website / explainer video and more detailed in the whitepaper.
In our opening post there is a link to our past performance, For your convenience I will repost it here
https://salientinvestmentholding.com/token-info/#performance

Once more you don't have to take our word for it, it is publicly visible on the blockchain, every address that meets requirements of holding SIH has received a stablecoin reward every month!
Here is a few examples:
https://etherscan.io/address/0x04135c5815c1b2294f83245686b55d3cb0975b5c#tokentxns
https://etherscan.io/address/0x2d1ea75da41a24b03697f9a30f74cdc6f4718f1b#tokentxns

Our performance to date is in line with our projections and we plan to continue with our successful business model and expand on it!

The exponential growth, innovative concepts and extensive tech that characterize the crypto Industry, imply that it needs to be free from institutional governance / strangulation.
Therefore the industry must be largely self regulating, answering to the community that it serves. Notwithstanding the above, we have actually initiated registration with the SEC.

Lawsuits generally arise when a party suffers loss. To date our investors have no reason to feel aggrieved. We plan to maintain this status (by continuing with the above) and enhance it.
We protect the interest of our investors through our extensive insurance coverage .
In short : The business is covered against disastrous failure.
Wallets are insured up to $100 000 against theft
Full details of the cover are published in the White Paper (p14 to 16).

Much of our business is protected by relevant licenses and non-disclosure agreements and extensive contracts.
To ensure peace of mind for public investors we use the CoinCover Deposit Protection Guarantee up to a maximum of $100 000 per wallet.

Just like Coca-Cola does not publish their recipe, our confidentiality agreements limit us from sharing every little bit of 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 would only do this for a substantial investor or with institutions like our insurers (which took more than 6 months of scrutiny with KYC/KYB, AML checks etc of the team members and the company!)

"How value would be protected in the interests of token holders" - Through asset backing, since launch our asset value has surpassed the initial token value
"made-up tokens" - Again the SIH token, the Team and the Company was vetted by BitGo before we could get integration! BitGo and CoinCover are regulated and registered service providers. They do not accept made-up tokens / anonymous teams!

Furthermore, we have even stated what we plan to do with proceeds from the next phase of token sales
Our future Composite Manufacturing Centre is not just an idea but already underway. We are in negations to supply 7 different manufactures throughout Europe and internationally.
Two of which already have documentation in place for orders to supply products over the next 5 years

Cryptocurrency history boasts of technological innovations and wonderful successes.
Sadly, along the way there has also been closures and failures of both tokens and platforms, even deliberate scams.   
How many ponzi schemes have insurance backing them?

Users are protected by extensive account coverage backed by not only one, but multiple independent service providers, some of the best in the industry!
We have partnered with the world’s lending security and insurance providers to guarantee the safety of client funds.
Fireblocks (Hot Wallet) and BitGo (Cold Storage) take care of security of funds backed by insurance up to a combined total of $130 Million.
Furthermore, Coincover provides independent, additional layers of protection through their own Theft Cover and Deposit Protection Guarantee!

You seem worried that we will disappear, would you consider that theft or business failure? Either way we have you covered for BOTH!

Have you had a look at the website or read the whitepaper?
It explains exactly what happens to the money invested and where the rewards come from. No magic involved, just hard work with the right business models.
We do NOT say 10% per month anywhere, it is clearly stated between 1-4% per month as per the explainer video. Higher figures of 10%-30% are per year.

We have provided lots of information on the website and whitepaper, which we realize might be overwhelming to get through it all, but most of the answers you are looking for will be there!
As a summary you can look here https://salientinvestmentholding.com/token-info/#performance

I'm currently working on a project seeking to solve the problems you outlined however I have to agree with the other posters that there is very little on the website and whitepaper on what sort of business you are running. There isn't even any outline on past performance of your company or clear outline of how you will make money.

I'd suggest you make things more specific, clearly state what type of business you intend to run, a breakdown of its expenses, and how value would be protected in the interests of token holders. Storing made-up tokens in a cold wallet doesn't protect them if the value they are supposed to represent runs off.

Lastly, I believe your token would be classified as an investment company security by the SEC opening the door for potential lawsuits.

This looks like a classic ponzi scheme.
Can you reveal what exactly happens to the money invested? My guess is that this is some kind of magic investment system where you earn 10% per month and want to share with investors. However, I would like to know its details, because for me it looks like a classic payment of earnings for a few months to the first investors from subsequent investments of new investor only to encourage more new ones. After a few months, the project will disappear. Convince me I'm wrong.

I smell an old project trying to make his self alive once again. The roadmap say it started from 2018, awesome. Btw, those buyback and deposit guarantee is not something that is often encountered, but it is no longer something new. Some projects do it too, but don't know if it's real or not. I hope it's going well.
Is there a "Binance Smart Chain Bridge" schedule? it seems that phase is what you should do.
Then it looks like you need a campaign for this project, it also to build a strong community so that you can enter a higher quality CEX.

🌟SIH🌟