What is SALPay (SAL)
SalPay employees can transfer funds from their SALPay Wallet to any major bank in the Philippines, pay bills to many of the countrys utility providers, buy prepaid mobile phone credits, and send money to the largest network of pawnshops in the Philippines.
SalPay helps power financial inclusion through its mobile wallet. SalPay has partnered with accredited lenders that offer non-collateral loans to employees that are paid through SalPay.
SALPays wallet application will also have access to the exchange network that SALPay is building. Payment can be made to an in-country partner of SALPay (depending on the market) or through the SALPay Exchange.
Details
Pre-sales: Nov 22, 2017 – Nov 26, 2017
Public sales: Nov 27, 2017 – Dec 31, 2017
Pre-sale token supply: 10,000,000
Token supply: 50,000,000
Legal
Country limitations: China, Singapore, United States
Token info
Ticker: SAL
Type: Utility-token
Token price in USD: 1 SAL= 0.4 USD
Accepted currencies: USDETHBCH
Bonus program:
5% presale bonus, minimum preICO purchase is 1ETH
Token distribution:
50% will be sold to the participants during the Sale Period.
• 20% will be awarded to investors and employees of Salarium.
• 10% will be used during the pre-sale, if not consumed then these will be added to the Sale Period percentage
• 10% will be used to provide exchanges
• 10% will be used for reward and bounty programs
Funds allocation:
20% – liquidity reserve
25% – liscensing
20% – development
35% – liquidity