Announcement: SALPay Tokens
We’re currently going through a lot of adjustments for our ICO. If you’re an contributor, you might already know that the contribution system has been improving in the past weeks, with some additions that have been requested coming soon. We are also adding very soon a One Pager version of our Whitepaper, for the contributors that want to get their information as fast as possible. We always work towards offering a better service, so if you have any requests, feel free to ask us through our site.
We have decided to make 2 big changes for our ICO, that we know will be welcome by both current, and potential contributors.
SALPay Token price change
The initial price per SALPay Token was of 0.003ETH (approximately $1/SAL). However, the current Ether price fluctuations has created a bit of confusion, and raised the price to, at times, $1.4/SAL. This is why we have decided to fix the price of SALPay Tokens to $0.40/SAL. That means that every contributor will receive more SALs at the time of the drop.
Maximum Cap to be reduced
When we started our ICO, we decided to put the Market Cap at $100 Million. Since we are adjusting the price of the tokens, the cap will be adjusted consequently. For that reason, the new SALPay hard cap will be of $20 Million.
What does this mean for our contributors?
It means that their contributions constitute a bigger share of the market, and a higher amount of SALs.
When the amounts have been verified after the ICO, their contributions will be converted into a higher amount of Tokens due to the lower price ($0.40/SAL), and the lower cap ensures that they will also get a bigger share of the SALPay crypto market.
Questions? Feel free to ask us through our Telegram Channel, or through our site.
