rezqiano: SAVEDROID - CRYPTOCURRENCIES FOR EVERYONE

About the small savings helper I had already written in the early phase after the go-live a test report in the IT financial magazine. Essentially, it's about helping users achieve manageable savings goals. The new road bike for 2,000 euros, the Caribbean holiday for 5,000 euros or the new iPhone for 1,000 euros. Simple Smoove rules allow the user to transfer money from their checking account to their Savedroid account. As a reward for an achieved sports goal (or as a penalty for missing) or even with excessive use of the smartphone or a specific app.

Since the article, the team has developed the app continuously. Thus, the accumulated credit can now be issued with a virtual MasterCard directly in the online shop. So, if you have reached your savings target, you do not have to rethink your account. In addition, there are first savings tips that allow users to reduce their running costs, leaving more money to save. With the right Smoove you can automatically save the savings on the previous tariff or any bonus.

It all seems to arrive well. According to company information, the app has been downloaded more than 200,000 times since its launch in mid-2016. How many of them are active users is not published, but the majority of them are between 18 and 34 years old - and surprisingly about 50:50 spread to men and women. Over 10 million savings transactions have been carried out, but the volume remains secret.

Savedroid (SVD) Create a digital money box for personal requests, which sets aside money for various actions. Savedroid creates a unique AI-Fueled ecosystem of crypto storage and for future investments.

Users benefit from easy access to savings packages Bitcoin, Ethereal, Bitcoin Cash, Ripple, Litecoin, IOTA, Dash etc, and better crypto investment opportunities, such as portfolios, futures, and ICO, without the barrier of applying any technology. savedroid utilizes the core assets of AI self-learning technology and a great User Experience, based on simplification and ultimate emotional gamification, to deliver this exceptional value proposition. We are the first GermanICO to deliver crypto inclusions. Join us in making the world of crypto accessible to the masses.
Give power to people!

Savedroid is an award-winning German fintech specializing in AI-saving technologies

AI savedroid allows users to automatically save their desires without thinking of savings. Since the launch of our mobile app in 2016, we have built a strong track record in the art user experience based on simplification and gamification. savedroid is set as a stock company and has amassed € 2m + equity from a well known investor. We are part of Deutsche Börse's FinTech Hub and Venture Network and collaborate with various prestigious B2B partners. In fact, savedroid is Germany's rules and regulations following the first ICO of a German stock company to provide participants with the highest level of security.

Save in cryptocurrencies in the future, too So far, the small and large savings amounts are transferred to a non-discounted savings account at Wirecard Bank and accumulated there. Given the current interest rate environment, this is fundamentally OK for the short-term savings targets. For longer-term asset accumulation, on the other hand, higher-yielding investments are more attractive. For the very tech-savvy target group of Savedroid, there should now be a new possibility of asset accumulation in the future. And it's not about stocks or funds, it's about cryptocurrencies.

To buy these is currently rather uncomfortable and therefore, unfortunately, rather something for nerds. This is exactly where Savedroid wants to start and simplify regular saving in cryptocurrencies for the breadth of society. As early as 2018, according to the company's roadmap, automated investing in well-known Coins such as Bitcoin, Ethereum and Bitcoin Cash, as well as other Altcoins such as Ripple, Litecoin, IOTA, Dash, Stellar will be possible. From 2019, a self-learning algorithm should simplify conversions between the coins and payment transactions with the coins. In the final stage of development, smart algorithms from 2020 should offer the creation of diversified portfolios, from which one can then generate regular income.

Start-up financing via ICO
Implementing these plans will be anything but trivial for the rather young fintech. For the construction of the platform and the algorithms it needs highly specialized developers, crypto professionals and certainly also expensive legal advice. Moreover, since the high investments are only worthwhile if the costs can be distributed to the broadest possible user base, a massive marketing offensive is needed.

All this costs enormous sums of money, which the company does not have, despite some successful rounds of financing. And the current operating business is unlikely to deliver positive cash flow from which to invest. What is closer to a crypto-currency fintech than to finance the plans through its own ICO? And that is actually happening in the first quarter of 2018 as well. (Click here for the English-language white paper on the ICO).

A total of 10 billion units are to be generated by the SVD called tokens. A total of 6 billion units will go on sale and will be issued at the rate of one euro per 100 SVD tokens. However, from the pre-sale phase already completed (500 million units), buyers will receive a 30% early-stage bonus. Should the ICO be fully sold off, Savedroid would receive a good 58.8 million euros. Unclaimed tokens from the sale are "burned", reducing the total amount.

SVD tokens as in-app currency - and with profit potential?
The SVD tokens are so-called utility tokens that are used as currency in the Savedroid app. So if you want to trade cryptocurrencies via Savedroid, you will probably have to pay or at least be able to pay your trading fees in SVD tokens. However, that's just a dream of the future, because Savedroid currently does not offer any services that are payable. The white paper remains vaguely vague at this point, but it's fair to point out this issue as well.

Ultimately, it is the case that the buyer of the token, in principle, pre-empt his future transaction costs. Of course, that does not sound really sexy, so Savedroid has an incentive. Whenever the SVD tokens are used to pay fees, some of the tokens are "burned". As a result, the total amount of tokens decreases over time. Of course, this increases the chances that the SVD tokens will increase in value over the long term - an argument for investing in the current crypto-hype.

In order for it to really happen that way, of course, the actual business model of Savedroid has to start just as well. There is certainly some risk here, because the promise of value-added is essential in facilitating access to cryptocurrencies for the masses. For this to work, two conditions must be fulfilled simultaneously. On the one hand, the crypto-boom has to continue in the future, as before. Otherwise, the addressable audience for Savedroid would be just too small. At the same time, success requires that the purchase of cryptocurrencies through the trading venues continue to provide such a poor UX as before.

BOUNTY PROGRAM
Bounty Hunter! Join our gift program, get tokens as gifts and help us to promote and develop a strong community. We have ordered 5% of total tokens available for the global token program. The campaign will end on March 9, 2018. Claim your first 100 SVDs now by joining our Telegram group. It will also give you access to premium support during Pre-and Main Sale.

Awards savedroid and savedroid optimized spent personnel based on self-learning AI technology has been recognized by various prestigious awards, they are in Switzerland:

Savedroid tokens - SVD we make on token utility ERC20 with built - in deflation mechanism as suggested by Vitalik Buterin, to support the future value of savedroid token. Savedroid tokens - with short names "SVD" - can be used to purchase crypto services in the savedroid ecosystem. Our users of automated crypto savings and investments will use savedroid tokens to pay for these crypto service fees. Once, a savedroid mark has been used for purchasing within the savedroid ecosystem we want to burn a certain percentage of this proof to support Token's future value. Therefore you can sell SVD River, in exchange of supported token or hodl [sic] In addition,

STRATEGIES AND VALUE ADDED
Savedroid, for the first time, provides the average mass market user with easy access to cryptocurrencies without the barriers of technology adoption. In the savedroid's unique AI-fueled ecosystem, users benefit from convenient AI-based crypto savings plans in Bitcoin, Ethereum, Bitcoin cash, Litecoin, IOTA, dash ripples, stars, etc. and superior crypto investment opportunities, such as portfolios, derivatives, and ICOs. savedroid smart wants to create a comfortable UX auto-change savings for cryptocurrencies, secure their store and make them easily accessible, tradeable, and generous. We will offer all these crypto services for a reasonable fee (we may adjust the cost over time for the latest market developments address).

TOKEN SPECIFICATION AND SUPPLY
The total of 10 trillion SVDs will be spent on blocked Ethereum blockchain using smart contracts. SVD will comply with the ERC205 standard and become freely transferable to Ethereum blockchain. Ethereum what a natural choice for this project is because of the widespread adoption and industry standards for removing custom digital assets. Compatibility with standard ERC20 utilizes based on the existing advantages of the Ethereum ecosystem infrastructure, ie in the development of tools, purses, exchanges, and human resource expertise

Savedroid sustainable ecosystem for the crypto community that wants to build a network grows almost with the community and their effects. Therefore, contribution is a contribution to the future of savedroid ecosystems for SVD. Our deflation mechanism creates an intrinsic value and value relationship between the growth of our ecosystem and SVD. The goal is to reduce the effects of previous ICOs, where tokens have a great demand in the first month but which is then flattened from time to time.

BENEFITS OF USE (SVD)
For users and in the SVD ecosystems that the savedroid user wants to be used for the purchaseroid AI triggers crypto savings and service investments as outlined below. Utilizing process technical support, savedroid wants to enable all users, especially those who did not initially participate in ITS, or buy SVD on the market through the savedroid ecosystem.

Fiat currents and Cryptocurrencies and Savedroid's costs are illustrated in the figure below:

SVD PRICE VARIATIONS
It is important to understand that SVD pricing will vary over time, based on different factors, which stand out most of which are listed below:
Changes in crypto savedroid service requests,
Changes in competitive landscape,
Speculative demand of SVD, .
Supply of token holders willing to sell SVD,
EUR / ETH exchange rate, and
gas cost in Ethereum network.

BEGINNING TOKEN SALES
The issuance of savedroid tokens is up and running for almost 2 years, having a successful product live with a strong track record of the latest AI technologies and state-of-the-art UX, a massive growing and very user base involved, and relevant revenue streams. Now modern cryptocurrencies are a logical and very important step forward to consistently expand savedroid ecosystems. Further extending the application of AI technology, integrating B2B partners, growing our talent pool with the right developers, UX designers, marketing professionals, setting up a legal framework, and, of course, driving significant user growth through targeted marketing performance requires substantial additional investment.

SAVEDROID DATE ITS
Savedroid ITS will be organized in two parts, starting with pre-sales and followed by the main sales. The Sale Price for savedroid tokens during ITS is set at 1 EUR = 100 SVD, while the special pre-sale discount will apply as described below. Therefore, the SVD price will fluctuate as measured in Bitcoin and Ethereum during our ITS time. From 12 to 2.

OUTLOOK
The pre-sale of the Savedroid ICO has gone really well. All offered SVD tokens were sold within 7 hours. The question will be whether the Main Sale from 09.02. until 09.03. is similarly successful, but in the current environment seems quite realistic. However, it will be much more exciting if Savedroid lives up to the great responsibility that results from such a large funding. After all, tens of thousands of token buyers then trust that the team from these millions of investments will build something great.

ROADMAP

An indication of transparency
The above text only reflects my own opinion! Nevertheless, I would like to point out the following points for the sake of transparency. On the one hand, in this text in several places affiliate links (marked as advertising link **) built. If you participate in the ICO via these links, I will receive a commission of 5% of the purchase amount. For you therefore nothing is more expensive, but you support my work.
In addition, I purchased SVD tokens as part of pre-sales even with a low three-digit amount. I have that. a (manageable) economic interest in a successful main sale. However, the article points as balanced as possible to risks.
Lastly, as part of Savedroid's Bounty program, I may receive some SVD tokens as a reward for this article. However, the scope of this eventual reward is uncertain and may be zero.
Important: all these points do not affect my objectivity and my actual opinion.

Team

Members

Dr. Yassin Hankir — Founder & CEO
Marco Trautmann — Founder & COO
Tobias Zander — Founder & CTO
Michael “Mike” Fehse — Chief Data Officer
Jan Gabriel Pleser — Chief Marketing Officer
Matthew Kirschnick — Senior Product Owner
Sebastian Hoffmann — Smart Contract Developer
Michael Ryvlin — Senior Backend Developer
Patrick Täufer — Mobile Developer
Patrick Gotta — UX Designer
Lennart Czienskowski — UX Designer
Michaela “Ela” Wenner — Art Director
Alla Brodski-Guerniero — Data Scientist
Gautam Kumar Pramanik — Data Scientist
Lucien Tavano — Vice President Internationalization
Alex Hofmann — Head of Business Development & HR
Lydia Witzmann — Digital Marketing Manager
Sina Reubelt– Blockchain Partner Management
Parna “Pari” Youssufzay — Customer Service
Stefan Telin — Customer Service

Advisors

Debjit “Debu” D. Chaudhuri (Chairman)
Robert Hable
Jochen Siegert
Prof. Danko Nikolic — AI-Kindergarten
MEINHARD BENN — Blockchain Entrepreneur
KĘSTUTIS GARDŽIULIS — Co-Founder & CIO at Etronika
ALFRED SCHORNO — Managing Partner 360T
OLIVER NÄGELE — Founding Member of Germany’s Association for Blockchain
Henri de Jong — Head of Business Development Quantoz
Kilian Thalhammer — Managing Partner “Payment and Banking”
Dr. Michael Rundshagen — Co-Founder Traxpay
Dr. Matthias Hirtschulz — Senior Manager d-fine
Roland Klaus — Journalist for Financial Markets
Michael Hübl — Entrepreneur & Co-Founder flinc
Anders Indset — Business Philosopher

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