ICO SALT

SALT lets you leverage your blockchain assets to secure cash loans. We make it easy to get money to spend without having to sell your favorite investment. SALT streamlines every step of the loan. We've simplified the application process by focusing on the value of the borrower’s blockchain assets instead of their credit score. Borrowers are automatically matched with capital from our extensive network of lenders.

SALT keeps collateral assets safe in a fully-audited, ultra-secure architecture during the life of the loan so members can borrow with confidence.

Easy application, fast approval, and no credit checks. Get cash deposited directly into your bank account. Competitive interest rates with no prepayment fees. Maintain your position and avoid less-than-optimal tax events. Freedom to get your assets back whenever you want. Cash to spend however you want. Distributed ledgers represent a paradigm shift in the storage and transfer of assets and, for the first time in history, there is a perfect form of collateral: blockchain assets. SALT is pioneering an evolutionary leap for lending in which the value of a borrower’s assets are fully recognized and credit history is made irrelevant.

The SALT Lending Platform is intended to facilitate the creation of lending agreements, secure and monitor the value of the blockchain assets acting as collateral, and automatically enforce the terms of each smart contract credit agreement. This low-cost, efficient technology gives investors and institutions a way to lend against a new asset class, while addressing the needs of a massively underserved borrower base. It is also designed to provide a new way for individuals to access the value of their blockchain assets that does not involve a liquidation of their asset. Deficiencies inherent in traditional forms of collateral can increase costs to borrowers, decrease liquidity, and necessitate the need for income-based credit evaluation. SALT’s technology was built to address these shortcomings, while emphasizing the aspects of blockchain assets that make them a functional form of collateral - divisibility, fungibility, and transferability. With SALT, blockchain assets are transformed into collateral that can be incrementally liquidated in a calibration process intended to ensure overcollateralization in a fast, trustless, and secure process. Blockchain-Backed Loans™ offer a new mechanism through which lenders can indirectly gain exposure to digital assets in a regulated environment with sophisticated tools for managing the risks associated with lending.