Salt: $10-$166 Investment Thesis
Problem
Crypto traders and blockchain business cannot leverage their crypto to get cash.
Solution
“Keep your crypto; get cash”
“Get cash without having to sell your favorite investment”
“A next generation lending platform for blockchain-backed loans”
Team
Their Chairman, Erik Voorhees, is one of the most accomplished and respected entrepreneurs in crypto.
What is Salt?
SALT is a membership token - users pay salt to get access to loans on the lending platform. Salt Platform, LLC, is a Delaware limited liability company.
LONG TERM STRETCH PRICE TARGET: $166
Assume 5% is the high end a premier member would be reasonable flat fee to pay to a lending service provider and get access to $100,000 of credit = $5,000 = 30 Salt = $166
READ Investment Thesis HERE:
https://docs.google.com/document/d/1MXU-CiDWWywXJQO2KJSvNOmbXOxxRb1BxwjDaEOqnBk/edit
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Thank You! Salty1965
Great sharing! Thanks.
Thank you Tim, I can't wait to see how the platform works out. Take Care. Joe
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