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Topic: [ANN][ICO] savedroid - BITCOIN SAVING MADE EASY! - page 182. (Read 55443 times)

member
Activity: 490
Merit: 10
I have some question. If peoples contributing in ICO or PRE-SALE, they need to provide KYC to Savedroid? If yes then how many days they are taking to verify KYC details?

Copied from https://ico.savedroid.com/sale/:

Documents/information required (KYC)

These information are required by regulatory and compliance to prevent money laundering

Level 1:    10.00 - 849.99 €    capturing name and country
Level 2:    850.00 - 4,199.99 €    Level 1 + photo of ID card or passport + selfie
Level 3:    4,200.00 - 8,499.99 €    Level 1 + Level 2 + proof of address via utility bill (if not included on ID card)
Level 4:    >= 8500.00 €    Level 1-Level 3 + capturing source of funds
Big deals:    >= 100,000.00 €    further proof of source of funds on request


Thank you for this information. you can see that it is an ICO in Germany. Many stricter specifications. Of course, this is partly due to the fact that you open a bank savings account, and on the other hand money laundering should be prevented, they want to know exactly where your money comes from.
So I have to look for other ways to hide my millions of moonstone sales from the tax office

Dear god it would be amazing if all ICO's followed this sort of level based identity verification. The fact is somethings i put in only 20-100$ in an ico and they want my left arm to confirm who i am. I'm sorry but KYC the extent of ID verification etc, really shouldn't be needed for <1000$, it seems savedroid realizes this and is trying to allow people to scale their relinquishing of information with their investment size.

This is how the real world works, i don't have to give utility bills to send my mom some money from western union why should i to buy 500$ of a coin...

Really hope the team knows how appreciative those small investors like me find this kind of scale based KYC.

I really do agree with you on this, savedroid is giving everyone the opportunity to be part of this, when starting up a project, is necessary you weigh the odds of secluding a particular set of people in terms of finance etc, erasing the errors of this odds makes the project solid, i really do appreciate savedroid for this

I think the first ICO that does that kind of identification for its investors. Sure is easy for small investors; Though KYCs can be annoying and scary for many it is  a requirement for ICO to be able to cash out and the likes. That aside I am waiting for the result of reservations is it reserved?
member
Activity: 140
Merit: 11
An announcement has been made on telegram that Savedroid will close the reservations latest this Sunday (token reservation)

You can check it out here, post made by Tobias
https://t.me/savedroid/104072

What does reservation mean? It sounds like it is whitelisting? Do you have to buy tokens when you make a reservation?
newbie
Activity: 70
Merit: 0

Pretty impressive figures, I will be absolutely amazed if it sells out quicker than 7 hours  Grin

7 hours is probably one of the quickest projects I've been part of for a sell out, think I will get some more on the main sale.

Just saw a 1,000,000 reservation haha. I can't wait for 5 days. Keep up the good work team

Ya i haven't seen many others that fast, but i've seen some crazy stuff theirs been a few projects that were low cap that literally closed in a matter of minutes. (DADI for instance). it's good to see groups like savedroid taking steps to protect investors with the reservations as it will make things at least a slight bit more fare especially with the market these days being what it is every choice investors are making takes some serious decision making, something the quick nature of these recent ICO launches leaves little time for Smiley

I have reserved 200,000 SVD, will there be a chance to buy more than the amount I reserved?

For example I don't want to reserve extra tokens just in case I can't invest the full amount and fulfil my reservation, but if the markets continue to pick up I may be able to buy more.

Even though I am not 100% sure I think it is possible to buy more than you reserved. Just assumed that there are still tokens left after the reserved tokens are sold and the people who didn't reserve are all pleased as well.

I'm pretty convinced there will be tokens left after the reserved tokens are sold, and the devs already sad that. So I don't see why wouldn't it be possible to buy more tokens in the ICO itself. I would still wait for official confirmation though.
member
Activity: 672
Merit: 11
I have some question. If peoples contributing in ICO or PRE-SALE, they need to provide KYC to Savedroid? If yes then how many days they are taking to verify KYC details?

Copied from https://ico.savedroid.com/sale/:

Documents/information required (KYC)

These information are required by regulatory and compliance to prevent money laundering

Level 1:    10.00 - 849.99 €    capturing name and country
Level 2:    850.00 - 4,199.99 €    Level 1 + photo of ID card or passport + selfie
Level 3:    4,200.00 - 8,499.99 €    Level 1 + Level 2 + proof of address via utility bill (if not included on ID card)
Level 4:    >= 8500.00 €    Level 1-Level 3 + capturing source of funds
Big deals:    >= 100,000.00 €    further proof of source of funds on request


Thank you for this information. you can see that it is an ICO in Germany. Many stricter specifications. Of course, this is partly due to the fact that you open a bank savings account, and on the other hand money laundering should be prevented, they want to know exactly where your money comes from.
So I have to look for other ways to hide my millions of moonstone sales from the tax office

Dear god it would be amazing if all ICO's followed this sort of level based identity verification. The fact is somethings i put in only 20-100$ in an ico and they want my left arm to confirm who i am. I'm sorry but KYC the extent of ID verification etc, really shouldn't be needed for <1000$, it seems savedroid realizes this and is trying to allow people to scale their relinquishing of information with their investment size.

This is how the real world works, i don't have to give utility bills to send my mom some money from western union why should i to buy 500$ of a coin...

Really hope the team knows how appreciative those small investors like me find this kind of scale based KYC.

I really do agree with you on this, savedroid is giving everyone the opportunity to be part of this, when starting up a project, is necessary you weigh the odds of secluding a particular set of people in terms of finance etc, erasing the errors of this odds makes the project solid, i really do appreciate savedroid for this
member
Activity: 350
Merit: 16

Pretty impressive figures, I will be absolutely amazed if it sells out quicker than 7 hours  Grin

7 hours is probably one of the quickest projects I've been part of for a sell out, think I will get some more on the main sale.

Just saw a 1,000,000 reservation haha. I can't wait for 5 days. Keep up the good work team

Ya i haven't seen many others that fast, but i've seen some crazy stuff theirs been a few projects that were low cap that literally closed in a matter of minutes. (DADI for instance). it's good to see groups like savedroid taking steps to protect investors with the reservations as it will make things at least a slight bit more fare especially with the market these days being what it is every choice investors are making takes some serious decision making, something the quick nature of these recent ICO launches leaves little time for Smiley

I have reserved 200,000 SVD, will there be a chance to buy more than the amount I reserved?

For example I don't want to reserve extra tokens just in case I can't invest the full amount and fulfil my reservation, but if the markets continue to pick up I may be able to buy more.

Even though I am not 100% sure I think it is possible to buy more than you reserved. Just assumed that there are still tokens left after the reserved tokens are sold and the people who didn't reserve are all pleased as well.

That's correct, if there are still tokens left over from the main-sale you certainly will be able to invest more.

Just keep in mind on how quick the pre-sale sold haha....

I will be surprised if there isn't a complete sell out to be honest.
full member
Activity: 686
Merit: 101

Pretty impressive figures, I will be absolutely amazed if it sells out quicker than 7 hours  Grin

7 hours is probably one of the quickest projects I've been part of for a sell out, think I will get some more on the main sale.

Just saw a 1,000,000 reservation haha. I can't wait for 5 days. Keep up the good work team

Ya i haven't seen many others that fast, but i've seen some crazy stuff theirs been a few projects that were low cap that literally closed in a matter of minutes. (DADI for instance). it's good to see groups like savedroid taking steps to protect investors with the reservations as it will make things at least a slight bit more fare especially with the market these days being what it is every choice investors are making takes some serious decision making, something the quick nature of these recent ICO launches leaves little time for Smiley

I have reserved 200,000 SVD, will there be a chance to buy more than the amount I reserved?

For example I don't want to reserve extra tokens just in case I can't invest the full amount and fulfil my reservation, but if the markets continue to pick up I may be able to buy more.

Even though I am not 100% sure I think it is possible to buy more than you reserved. Just assumed that there are still tokens left after the reserved tokens are sold and the people who didn't reserve are all pleased as well.
full member
Activity: 504
Merit: 106
★Bitvest.io★ Play Plinko or Invest!

Pretty impressive figures, I will be absolutely amazed if it sells out quicker than 7 hours  Grin

7 hours is probably one of the quickest projects I've been part of for a sell out, think I will get some more on the main sale.

Just saw a 1,000,000 reservation haha. I can't wait for 5 days. Keep up the good work team

Ya i haven't seen many others that fast, but i've seen some crazy stuff theirs been a few projects that were low cap that literally closed in a matter of minutes. (DADI for instance). it's good to see groups like savedroid taking steps to protect investors with the reservations as it will make things at least a slight bit more fare especially with the market these days being what it is every choice investors are making takes some serious decision making, something the quick nature of these recent ICO launches leaves little time for Smiley

I have reserved 200,000 SVD, will there be a chance to buy more than the amount I reserved?

For example I don't want to reserve extra tokens just in case I can't invest the full amount and fulfil my reservation, but if the markets continue to pick up I may be able to buy more.
full member
Activity: 546
Merit: 106
Bountyhive.io
I watched Savedroid ICO site for few mins and I there was some pop-ups coming informing about the investment from different part of the world.
Many people reserved thousands of tokens. I see one user reserved 40K SVD. I dont think public sale will last long.

I don't think the main sale will last as long as pre-sale lol, I was on Savedroid ICO site also and I saw someone reserved 100k SVD. The ICO is really going to be interesting everyone wanna get a piece of Savedroid haha.

Pretty impressive figures, I will be absolutely amazed if it sells out quicker than 7 hours  Grin

7 hours is probably one of the quickest projects I've been part of for a sell out, think I will get some more on the main sale.

Just saw a 1,000,000 reservation haha. I can't wait for 5 days. Keep up the good work team

Ya i haven't seen many others that fast, but i've seen some crazy stuff theirs been a few projects that were low cap that literally closed in a matter of minutes. (DADI for instance). it's good to see groups like savedroid taking steps to protect investors with the reservations as it will make things at least a slight bit more fare especially with the market these days being what it is every choice investors are making takes some serious decision making, something the quick nature of these recent ICO launches leaves little time for Smiley
newbie
Activity: 70
Merit: 0
I have some question. If peoples contributing in ICO or PRE-SALE, they need to provide KYC to Savedroid? If yes then how many days they are taking to verify KYC details?

Copied from https://ico.savedroid.com/sale/:

Documents/information required (KYC)

These information are required by regulatory and compliance to prevent money laundering

Level 1:    10.00 - 849.99 €    capturing name and country
Level 2:    850.00 - 4,199.99 €    Level 1 + photo of ID card or passport + selfie
Level 3:    4,200.00 - 8,499.99 €    Level 1 + Level 2 + proof of address via utility bill (if not included on ID card)
Level 4:    >= 8500.00 €    Level 1-Level 3 + capturing source of funds
Big deals:    >= 100,000.00 €    further proof of source of funds on request

Wow this is great. The KYC process for every little investment, especially if you invest in many tokens like me, has been very annoying. This will definitely be easier to invest for small investors.
member
Activity: 350
Merit: 16
I watched Savedroid ICO site for few mins and I there was some pop-ups coming informing about the investment from different part of the world.
Many people reserved thousands of tokens. I see one user reserved 40K SVD. I dont think public sale will last long.

I don't think the main sale will last as long as pre-sale lol, I was on Savedroid ICO site also and I saw someone reserved 100k SVD. The ICO is really going to be interesting everyone wanna get a piece of Savedroid haha.

Pretty impressive figures, I will be absolutely amazed if it sells out quicker than 7 hours  Grin

7 hours is probably one of the quickest projects I've been part of for a sell out, think I will get some more on the main sale.

Just saw a 1,000,000 reservation haha. I can't wait for 5 days. Keep up the good work team
member
Activity: 728
Merit: 11
DocTailor IEO on Zloadr
I have some question. If peoples contributing in ICO or PRE-SALE, they need to provide KYC to Savedroid? If yes then how many days they are taking to verify KYC details?

Copied from https://ico.savedroid.com/sale/:

Documents/information required (KYC)

These information are required by regulatory and compliance to prevent money laundering

Level 1:    10.00 - 849.99 €    capturing name and country
Level 2:    850.00 - 4,199.99 €    Level 1 + photo of ID card or passport + selfie
Level 3:    4,200.00 - 8,499.99 €    Level 1 + Level 2 + proof of address via utility bill (if not included on ID card)
Level 4:    >= 8500.00 €    Level 1-Level 3 + capturing source of funds
Big deals:    >= 100,000.00 €    further proof of source of funds on request


Thank you for this information. you can see that it is an ICO in Germany. Many stricter specifications. Of course, this is partly due to the fact that you open a bank savings account, and on the other hand money laundering should be prevented, they want to know exactly where your money comes from.
So I have to look for other ways to hide my millions of moonstone sales from the tax office

Dear god it would be amazing if all ICO's followed this sort of level based identity verification. The fact is somethings i put in only 20-100$ in an ico and they want my left arm to confirm who i am. I'm sorry but KYC the extent of ID verification etc, really shouldn't be needed for <1000$, it seems savedroid realizes this and is trying to allow people to scale their relinquishing of information with their investment size.

This is how the real world works, i don't have to give utility bills to send my mom some money from western union why should i to buy 500$ of a coin...

Really hope the team knows how appreciative those small investors like me find this kind of scale based KYC.

Like you just typed my thoughts... KYC for small amounts should be looked into and reviewed to the barest requirements so that small investors won't be discouraged, savedroid realized and are working towards it which is good
newbie
Activity: 112
Merit: 0
I watched Savedroid ICO site for few mins and I there was some pop-ups coming informing about the investment from different part of the world.
Many people reserved thousands of tokens. I see one user reserved 40K SVD. I dont think public sale will last long.

I don't think the main sale will last as long as pre-sale lol, I was on Savedroid ICO site also and I saw someone reserved 100k SVD. The ICO is really going to be interesting everyone wanna get a piece of Savedroid haha.
member
Activity: 252
Merit: 11
An announcement has been made on telegram that Savedroid will close the reservations latest this Sunday (token reservation)

You can check it out here, post made by Tobias
https://t.me/savedroid/104072
member
Activity: 168
Merit: 10
I watched Savedroid ICO site for few mins and I there was some pop-ups coming informing about the investment from different part of the world.
Many people reserved thousands of tokens. I see one user reserved 40K SVD. I dont think public sale will last long.
full member
Activity: 546
Merit: 106
Bountyhive.io
I have some question. If peoples contributing in ICO or PRE-SALE, they need to provide KYC to Savedroid? If yes then how many days they are taking to verify KYC details?

Copied from https://ico.savedroid.com/sale/:

Documents/information required (KYC)

These information are required by regulatory and compliance to prevent money laundering

Level 1:    10.00 - 849.99 €    capturing name and country
Level 2:    850.00 - 4,199.99 €    Level 1 + photo of ID card or passport + selfie
Level 3:    4,200.00 - 8,499.99 €    Level 1 + Level 2 + proof of address via utility bill (if not included on ID card)
Level 4:    >= 8500.00 €    Level 1-Level 3 + capturing source of funds
Big deals:    >= 100,000.00 €    further proof of source of funds on request


Thank you for this information. you can see that it is an ICO in Germany. Many stricter specifications. Of course, this is partly due to the fact that you open a bank savings account, and on the other hand money laundering should be prevented, they want to know exactly where your money comes from.
So I have to look for other ways to hide my millions of moonstone sales from the tax office

Dear god it would be amazing if all ICO's followed this sort of level based identity verification. The fact is somethings i put in only 20-100$ in an ico and they want my left arm to confirm who i am. I'm sorry but KYC the extent of ID verification etc, really shouldn't be needed for <1000$, it seems savedroid realizes this and is trying to allow people to scale their relinquishing of information with their investment size.

This is how the real world works, i don't have to give utility bills to send my mom some money from western union why should i to buy 500$ of a coin...

Really hope the team knows how appreciative those small investors like me find this kind of scale based KYC.
member
Activity: 672
Merit: 11
Will the Savedroid user have any say in how their savings will be invested or will this be calculated by evaluating their attitude to risk?

For example will Savedroid create funds/portfolios with a mixed bag of different types of assets for customers or will the customers get to choose each individual asset themselves from a selected list of assets?

I think this quote here might answer you question:


Question about investing in cryptocurrencies: In the app, my saved money is automatically invested partly in cryptocurrencies. Are these cryptos always given, or can you choose them yourself? I could well imagine that as an additional option for more experienced users
The primary idea is definitely that our AI handles that for the users. But we're always looking at community feedback and if there's a need to change crysptos manually we will consider it somehow.

In my opinion an option to manually invest is a must as more advanced users will definitely want to have some control on their investments.

So, all users of the Savedroid app will be invested into the same investment portfolio. The investment strategy of the portfolio is decided by the Savedroid AI software which is sort of like a robo-adviser.

I presume the AI software bases its investment decision on past performance/charts, media articles and social media data, could someone please confirm if this is correct?

I don't think all users will have the same portfolio. I assume the AI will choose the portfolio of each user based on his specific parameters. For example, different users will have different saving goals, and the investments would be chosen according to that. Also, users with small amount of money to be invested would have a more static portfolio as changing it to often will won't be profitable because of the fees.

This is just my opinion if course, don't see the point of an AI system if everybody has the same portfolio, but of course this needs to be confirmed by the devs.

Yes, each individual has their own preference, not everyone has same saving habit, i believe an opportunity is given for everyone to select what best suit them, set and allow savedroid go to work, it doesn't make sense if all have same portfolio, every good project offers flexibility 


Maybe there will be crypto packages to choose:

1 not risky (BTC, ETH, LTC, ..)
2 little risky with not so well known Tokens out of the first
3 very risky: complete unknown tokens, ICO, shitcoins :-)

Lol, funny you, i'm sure the team knows what's best, at same time, the individual knows what's best for him/her, so is like a two way thing and the ability of both parties co-existing as one will lead to savedroid going platinum
full member
Activity: 994
Merit: 140
I have some question. If peoples contributing in ICO or PRE-SALE, they need to provide KYC to Savedroid? If yes then how many days they are taking to verify KYC details?

Copied from https://ico.savedroid.com/sale/:

Documents/information required (KYC)

These information are required by regulatory and compliance to prevent money laundering

Level 1:    10.00 - 849.99 €    capturing name and country
Level 2:    850.00 - 4,199.99 €    Level 1 + photo of ID card or passport + selfie
Level 3:    4,200.00 - 8,499.99 €    Level 1 + Level 2 + proof of address via utility bill (if not included on ID card)
Level 4:    >= 8500.00 €    Level 1-Level 3 + capturing source of funds
Big deals:    >= 100,000.00 €    further proof of source of funds on request


Thank you for this information. you can see that it is an ICO in Germany. Many stricter specifications. Of course, this is partly due to the fact that you open a bank savings account, and on the other hand money laundering should be prevented, they want to know exactly where your money comes from.
So I have to look for other ways to hide my millions of moonstone sales from the tax office
member
Activity: 728
Merit: 11
DocTailor IEO on Zloadr
I have some question. If peoples contributing in ICO or PRE-SALE, they need to provide KYC to Savedroid? If yes then how many days they are taking to verify KYC details?
KYC is done by a partner. Unfortunately, they only work Mo-Fr, but in average the verification happens on the same or next work day. But that depends on the quality of the pictures provided.

Dear Tobson2 my question on investment options is yet to be answered can you kindly see to it being answered? It's very important I know... Thank you
member
Activity: 294
Merit: 10
Founder & CTO at savedroid AG
I have some question. If peoples contributing in ICO or PRE-SALE, they need to provide KYC to Savedroid? If yes then how many days they are taking to verify KYC details?
KYC is done by a partner. Unfortunately, they only work Mo-Fr, but in average the verification happens on the same or next work day. But that depends on the quality of the pictures provided.
member
Activity: 252
Merit: 11
Almost all Crypto currencies are going down. BARs also now available at very low price. Its good time to buy few good currencies and hold for next big move. BARs is definitely one of them.

Yeah the market is all red and is definitely the best time to buy
But is there a reason why the market suddenly went red after the january bloodbath

It is a little off-topic, but currently there supposedly is doubt as to how reliable/regulated the tether is (USDT, digital dollar, issue: no limit to produce additional USDT which caused concerns)
USDT is the most common currency to sell your cryptocurrency for, bitfinex (US) processes the largest sum.

USD can also be produced additionally and this has been possible for a century or so, but USD is regulated by the IMF (not even US government)

So there is a degree of hypocrisy involved, I see the current dip as people with weak knees who panic sell their crypto assets.

In any case, when you invest in ICOs, the value in USD of your investment is locked.
So if you invest in an ICO with 1 BTC, say 12k USD/BTC, you are invested for 12k USD.
If USD/BTC then proceeds to drop, you still have 12k invested, but this might go the other way around as well

Thanks for enlightening me on this issue and i don't really think it is off-topic as this affects all crypto including savedroid.
Which brings me back to savedroid projects...how do savedroid tend to react to the bearish and bullish run of crypto, since it is trying to implement a spending and saving method using AI.

Will it follow the USDT way or the normal way?

Thank you so much for the merits, you really made my day!!  Grin

According to the whitepaper, a Self-learning AI algorithm enabling smart investments in cryptocurrency is scheduled to be released in 2020, only by then will it be interesting whether such a system is resistant to the bear market (when everything goes down), an emergency exit-strategy is possible to exchange the coins automatically for fiat currency, but I doubt that this is feasible

"2020 - Self-learning AI algorithm enabling smart investments in cryptocurrency
portfolios, futures, and ICOs, providing cost-efficient and diversified
returns."




I am glad I made your day...
The  algorithm would really be a nice feature on the savedroid platform considering what the crypto community has experienced in the past 2 month... Wish it could be implemented earlier..

Why do you think it won't be feasible?

I thought it wouldn't be feasible as I had assumed most exchanges go between cryptocurrency and USDT
Upon doing some research, I found out the opposite is true:
https://coinmarketcap.com/exchanges/volume/24-hour/all/

Korean WON & USD have a relative large volume on a 24h basis

So this would make it possible to allow the self-learning AI algorithm invest in cryptocurrency and ''park'' the customer's capital in fiat money  Cool
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