Usually I don't post about icos (here's why), but this one seems so good and there's not much information on the net.
SALT is to obtain blockchain-backed loans, which use cryptocurrency holdings as collateral:
It has already a working demo product:
The ICO is organized on the SALT platform, which is a good start. The official launch of the lending platform is planned for the end of 2017.
Users need to obtain SALT tokens in order to participate on the platform and obtain loans. The more SALT tokens users spend each year, the larger amount of borrowings they can obtain:
ICO starts on Tuesday, August 15th at 8:00 AM MST (in about 3 hours) and until the following tiers are sold out:
You have to be registered on saltlending platform in ordered to participate (devs opted to do a private sale not a public sale, only those referred by someone have access to presale). If you want to invest more than $2000, there's also an automated ID verification.
Happy investing! Don't forget to upvote the post and follow me for more info about cryptos
