Salarium / SAL Pay Hits Soft Cap, Raises $7M USD via ICO

by Carlo Ople  December 29, 2017

PH Based Tech Company Hits ICO Soft Cap

Salarium / SAL Pay, the company that aims to reduce the remittance cost and speed to the Philippines, hit a major milestone yesterday when they hit their soft cap target of $7M USD. They raised the funds via Initial Coin Offering (ICO).

Read More: Salarium Aims to Solve the Philippines Remittance Problem Using Blockchain Technology

As you guys might have read in my previous posts, Salarium / SAL Pay is the first ICO that I supported in my journey to learn more about cryptocurrencies, blockchain, and Bitcoin. As a supporter, I’m excited to see how they will finish and what the effect of listing and a successful ICO has on the Token price.

Apart from hitting their soft cap, they also announced their Token listing at BitAFEX starting end of January 2018. This is the first exchange that confirmed their listing. This is big news since this was the most asked question at their Telegram group during the early ICO sale period.

If you still want to participate, there’s still 3 days left for the ICO Token Sale. After the ICO Token Sale you’ll only be able to buy via the exchange.

Comments (2)

Leave a Reply

Your email address will not be published. Required fields are marked *

    Carlo I supported this ICO since I started following you here in unbox. I believe that SalPay will make it in the exchange listings easily. There are ICOs that are in the top 10 in coinmarketcap that don’t even have a working product. SalPay/Salarium is already a working product even before it hits the market. This will be big!

    The cryptocurrency is the product. Just because Salarium has it’s own accounting software, doesn’t mean it’s clients will want to use the tokens for payment. Or that freelances/employees will want to be paid in tokens. Countries that ban cryptocurrencies are increasing everyday.

    If you want to gamble, just gamble. Don’t rationalize your addiction and lack of financial education to entice other people.