What is Salad’s business model?
Like any good Salad, our business model has multiple layers that strengthen the whole. Also like any good Salad, none of these layers involve selling your data to China. Here’s how it works.
The rewards that Salad offers, like game codes, gift cards, and other items, are often acquired at discount/wholesale prices. While we do our best to pass on these savings, we do mark up the redemption price to earn a small profit margin.
To pay our users, we utilize their GPUs to mine for Cryptocurrencies. You can find the full list of all the coins we currently mine here. Unlike many other programs, we don’t skim off the top of these earnings, and only take what’s needed to cover transaction costs and fees. We want our users to enjoy the full fruits of their computer’s labor, as a motivated user base is essential for Salad’s phase two.
While mining may be the impetus for Salad, we’ve set our sights far beyond cryptocurrency. If all goes according to plan, Salad could easily amass enough processing power to rival warehouse sized supercomputers. Once we have an established core of users, we hope to run High-Performance Computing tasks, such as:
- Deep Learning
- Genome Sequencing
- Weather Prediction
Even if we charge a fraction of the current cloud providers’ costs, these jobs will earn both Salad and our users significantly more than the pennies per hour that mining generates. Of course, the availability of these tasks may be lower, so we will continue to rely on blockchain networks as the backbone of reliable Salad earnings.