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Topic: [ANN][ICO] savedroid - BITCOIN SAVING MADE EASY! - page 187. (Read 55443 times)

legendary
Activity: 1386
Merit: 1001
Ganja <3
interesting, a german project Smiley what will be the usage of the svd tokens in some short words. dont have the time too read all. thanks!
newbie
Activity: 112
Merit: 0


Wait let me get this striaght. Savedroid is not a trading app but a saving but. All I have to do is connect my credit card to the app and the AI will tell me which coin to buy for profit making. Correct me if am wrong, but this looks more of trading than saving. Where exactly does the saving action come in?? I mean  how does it help save money by making us spend money? Not to mention the likely 2€ fee for using the app. Please some should explain this to me please. Thanks

Thanks for sharing the article. Didn't know that it charge the monthly fee :O They said if you shopping with in the app in the store that they have a deal you will get a discount. and the AI will study what do u like to buy and find the best deal direct to you when it see the good one. so kinda save that money?  or something els i missing???
We see multiple types of saving which we have all already implemented in the current app:
- saving in the sense of moving money from your checkings account (via ifttt-rules or our AI)
- saving in the sense of saving money on existing contracts. Therefore our AI analyzes your contracts and behavior (e.g. data consumption) and suggests better contracts for you
- saving in the sense of saving money when fulfilling your wishes. Therefore we scan our partner network for good deals for you (e.g. the 3% offer on Amazon)

Will users have to pay fees for the automatic savings done by the AI (i.e moving money from the checking account)? If so users, especially those who deal with small amounts of money, might lose more money on fees than the amount they save.
The current app is totally free for our users. This might change when converting to crypto, but this will be percentual fees. So it doesn't matter if you save cents or millions.

Thanks for the quick answer. So if you don't take fess on the transactions, what will be your primary source of income? Or will you just leave the savings fee free and take cuts from investments or transactions?
We'll defintitely iterate also on the cost structure, to make it accepted by the users. My current assumption (to be proven) is that we'll stick with the affiliate commission for fiat savings and when converting to crypto make a cut on these.

 In the whitepaper it's states that  user will be able to switch between cryptocurrency. When switching from one cryptocurrency to another what's the  % fee charged?
That's not fixed yet and also might vary between cryptocurrencies.

okay thanks for your reply, when you do come up with the fees i hope it will be a fair one.
newbie
Activity: 70
Merit: 0


Wait let me get this striaght. Savedroid is not a trading app but a saving but. All I have to do is connect my credit card to the app and the AI will tell me which coin to buy for profit making. Correct me if am wrong, but this looks more of trading than saving. Where exactly does the saving action come in?? I mean  how does it help save money by making us spend money? Not to mention the likely 2€ fee for using the app. Please some should explain this to me please. Thanks

Thanks for sharing the article. Didn't know that it charge the monthly fee :O They said if you shopping with in the app in the store that they have a deal you will get a discount. and the AI will study what do u like to buy and find the best deal direct to you when it see the good one. so kinda save that money?  or something els i missing???
We see multiple types of saving which we have all already implemented in the current app:
- saving in the sense of moving money from your checkings account (via ifttt-rules or our AI)
- saving in the sense of saving money on existing contracts. Therefore our AI analyzes your contracts and behavior (e.g. data consumption) and suggests better contracts for you
- saving in the sense of saving money when fulfilling your wishes. Therefore we scan our partner network for good deals for you (e.g. the 3% offer on Amazon)

Will users have to pay fees for the automatic savings done by the AI (i.e moving money from the checking account)? If so users, especially those who deal with small amounts of money, might lose more money on fees than the amount they save.
The current app is totally free for our users. This might change when converting to crypto, but this will be percentual fees. So it doesn't matter if you save cents or millions.

Thanks for the quick answer. So if you don't take fess on the transactions, what will be your primary source of income? Or will you just leave the savings fee free and take cuts from investments or transactions?
We'll defintitely iterate also on the cost structure, to make it accepted by the users. My current assumption (to be proven) is that we'll stick with the affiliate commission for fiat savings and when converting to crypto make a cut on these.

Fair enough. I'm sure you will find the economic model that works both for you and for the users. I think once large amount of users make the switch into crypto, they will soon be interested in investments aswell, and this is another great source of potential income.
full member
Activity: 686
Merit: 101
I am interested in the Savedroid teams experience, have any of the senior members participated in previous cryptocurrency projects? Also have any of team members worked together before on any projects?
Yes, just have a look at our LinkedIn profiles, before I post a long list here Smiley

None of the management team is coming directly from university or something like that. Most of us are serial entrepreneurs.

Okay I will do, I did have a brief look previously at Yassin's Linkedin but I will check out some of the other team members pages including yours.

Thanks for your quick response  Grin

Well, and you can undoubtedly see on their already successfully working mobile app, that they know what they are doing  Grin
full member
Activity: 504
Merit: 106
★Bitvest.io★ Play Plinko or Invest!
I am interested in the Savedroid teams experience, have any of the senior members participated in previous cryptocurrency projects? Also have any of team members worked together before on any projects?
Yes, just have a look at our LinkedIn profiles, before I post a long list here Smiley

None of the management team is coming directly from university or something like that. Most of us are serial entrepreneurs.

Okay I will do, I did have a brief look previously at Yassin's Linkedin but I will check out some of the other team members pages including yours.

Thanks for your quick response  Grin
member
Activity: 294
Merit: 10
Founder & CTO at savedroid AG
I am interested in the Savedroid teams experience, have any of the senior members participated in previous cryptocurrency projects? Also have any of team members worked together before on any projects?
Yes, just have a look at our LinkedIn profiles, before I post a long list here Smiley

None of the management team is coming directly from university or something like that. Most of us are serial entrepreneurs.
full member
Activity: 994
Merit: 140
I am interested in the Savedroid teams experience, have any of the senior members participated in previous cryptocurrency projects? Also have any of team members worked together before on any projects?

you can read it in the onepager from the homepage, together they have over 90 years of experience. CDO with 35 years, and the others between 12 and 15 years.
They work an this project for some years now, and it works with fiat. now they use their exp. to reach the next level. i am sure they will succeed. And with them we will also succeed:-)
full member
Activity: 504
Merit: 106
★Bitvest.io★ Play Plinko or Invest!
I am interested in the Savedroid teams experience, have any of the senior members participated in previous cryptocurrency projects? Also have any of team members worked together before on any projects?
member
Activity: 294
Merit: 10
Founder & CTO at savedroid AG

Wait let me get this striaght. Savedroid is not a trading app but a saving but. All I have to do is connect my credit card to the app and the AI will tell me which coin to buy for profit making. Correct me if am wrong, but this looks more of trading than saving. Where exactly does the saving action come in?? I mean  how does it help save money by making us spend money? Not to mention the likely 2€ fee for using the app. Please some should explain this to me please. Thanks

If i can explain this,lets say you intend to save $5 for a sneakers pair, the app will be connected in such a way as to remind you of your wish, so what it does is, take that amount out of your account and save it for you as requested, so that's where the saving part comes in, that's what i could come up with from a bit of the whitepaper Smiley
Yes thanks for the explanation, it's accurate and you have been faster than me. Smiley

Lol, i love unique projects, i'm a creative, so such fascinates me, all i can do is follow this thread and wait, i keep digging deeper to understand more about savedroid, possibly find loopholes but so far, i'm impressed with the whitepaper, that doesn't mean i'm done though Smiley
Thanks for the feedback and let me know about the loopholes. Wink
full member
Activity: 504
Merit: 106
★Bitvest.io★ Play Plinko or Invest!
I literally think its amazing what Savedroid is doing, there are similar ideas in the UK but they are no way near as developed as this project. I like the way it will reward users for every day activities, it's making investing more accessible for younger people.
member
Activity: 672
Merit: 11

Wait let me get this striaght. Savedroid is not a trading app but a saving but. All I have to do is connect my credit card to the app and the AI will tell me which coin to buy for profit making. Correct me if am wrong, but this looks more of trading than saving. Where exactly does the saving action come in?? I mean  how does it help save money by making us spend money? Not to mention the likely 2€ fee for using the app. Please some should explain this to me please. Thanks

If i can explain this,lets say you intend to save $5 for a sneakers pair, the app will be connected in such a way as to remind you of your wish, so what it does is, take that amount out of your account and save it for you as requested, so that's where the saving part comes in, that's what i could come up with from a bit of the whitepaper Smiley
Yes thanks for the explanation, it's accurate and you have been faster than me. Smiley

Lol, i love unique projects, i'm a creative, so such fascinates me, all i can do is follow this thread and wait, i keep digging deeper to understand more about savedroid, possibly find loopholes but so far, i'm impressed with the whitepaper, that doesn't mean i'm done though Smiley
member
Activity: 294
Merit: 10
Founder & CTO at savedroid AG

Wait let me get this striaght. Savedroid is not a trading app but a saving but. All I have to do is connect my credit card to the app and the AI will tell me which coin to buy for profit making. Correct me if am wrong, but this looks more of trading than saving. Where exactly does the saving action come in?? I mean  how does it help save money by making us spend money? Not to mention the likely 2€ fee for using the app. Please some should explain this to me please. Thanks

Thanks for sharing the article. Didn't know that it charge the monthly fee :O They said if you shopping with in the app in the store that they have a deal you will get a discount. and the AI will study what do u like to buy and find the best deal direct to you when it see the good one. so kinda save that money?  or something els i missing???
We see multiple types of saving which we have all already implemented in the current app:
- saving in the sense of moving money from your checkings account (via ifttt-rules or our AI)
- saving in the sense of saving money on existing contracts. Therefore our AI analyzes your contracts and behavior (e.g. data consumption) and suggests better contracts for you
- saving in the sense of saving money when fulfilling your wishes. Therefore we scan our partner network for good deals for you (e.g. the 3% offer on Amazon)

Will users have to pay fees for the automatic savings done by the AI (i.e moving money from the checking account)? If so users, especially those who deal with small amounts of money, might lose more money on fees than the amount they save.
The current app is totally free for our users. This might change when converting to crypto, but this will be percentual fees. So it doesn't matter if you save cents or millions.

Just wondering if you will be charging cryptos to list? I understand a percentage of crypto conversion would feed in as revenue stream; is listing different cryptos considered a revenue stream as well?
That's currently not planned, but you never know. Wink
member
Activity: 294
Merit: 10
Founder & CTO at savedroid AG
We will be able to choose whether to pay the fee in FIAT or SVD token?
Or how the distribution of fees will happen?
It'll definitely to be paid in SVD, but we're planning a very smooth process to buy SVD via FIAT.
member
Activity: 294
Merit: 10
Founder & CTO at savedroid AG


Wait let me get this striaght. Savedroid is not a trading app but a saving but. All I have to do is connect my credit card to the app and the AI will tell me which coin to buy for profit making. Correct me if am wrong, but this looks more of trading than saving. Where exactly does the saving action come in?? I mean  how does it help save money by making us spend money? Not to mention the likely 2€ fee for using the app. Please some should explain this to me please. Thanks

Thanks for sharing the article. Didn't know that it charge the monthly fee :O They said if you shopping with in the app in the store that they have a deal you will get a discount. and the AI will study what do u like to buy and find the best deal direct to you when it see the good one. so kinda save that money?  or something els i missing???
We see multiple types of saving which we have all already implemented in the current app:
- saving in the sense of moving money from your checkings account (via ifttt-rules or our AI)
- saving in the sense of saving money on existing contracts. Therefore our AI analyzes your contracts and behavior (e.g. data consumption) and suggests better contracts for you
- saving in the sense of saving money when fulfilling your wishes. Therefore we scan our partner network for good deals for you (e.g. the 3% offer on Amazon)

Will users have to pay fees for the automatic savings done by the AI (i.e moving money from the checking account)? If so users, especially those who deal with small amounts of money, might lose more money on fees than the amount they save.
The current app is totally free for our users. This might change when converting to crypto, but this will be percentual fees. So it doesn't matter if you save cents or millions.

Thanks for the quick answer. So if you don't take fess on the transactions, what will be your primary source of income? Or will you just leave the savings fee free and take cuts from investments or transactions?
We'll defintitely iterate also on the cost structure, to make it accepted by the users. My current assumption (to be proven) is that we'll stick with the affiliate commission for fiat savings and when converting to crypto make a cut on these.

 In the whitepaper it's states that  user will be able to switch between cryptocurrency. When switching from one cryptocurrency to another what's the  % fee charged?
That's not fixed yet and also might vary between cryptocurrencies.
full member
Activity: 546
Merit: 106
Bountyhive.io


Wait let me get this striaght. Savedroid is not a trading app but a saving but. All I have to do is connect my credit card to the app and the AI will tell me which coin to buy for profit making. Correct me if am wrong, but this looks more of trading than saving. Where exactly does the saving action come in?? I mean  how does it help save money by making us spend money? Not to mention the likely 2€ fee for using the app. Please some should explain this to me please. Thanks

Thanks for sharing the article. Didn't know that it charge the monthly fee :O They said if you shopping with in the app in the store that they have a deal you will get a discount. and the AI will study what do u like to buy and find the best deal direct to you when it see the good one. so kinda save that money?  or something els i missing???
We see multiple types of saving which we have all already implemented in the current app:
- saving in the sense of moving money from your checkings account (via ifttt-rules or our AI)
- saving in the sense of saving money on existing contracts. Therefore our AI analyzes your contracts and behavior (e.g. data consumption) and suggests better contracts for you
- saving in the sense of saving money when fulfilling your wishes. Therefore we scan our partner network for good deals for you (e.g. the 3% offer on Amazon)

Will users have to pay fees for the automatic savings done by the AI (i.e moving money from the checking account)? If so users, especially those who deal with small amounts of money, might lose more money on fees than the amount they save.
The current app is totally free for our users. This might change when converting to crypto, but this will be percentual fees. So it doesn't matter if you save cents or millions.

Will you guys have a plan for members to deal with taxes? Like will the system have a way to output gains on deposits for crypto etc so that those of us that have to pay crypto tax can export and use it for filing our taxes i think this would be a really nice thing to offer your members for the funds your managing.
Yes of course you'll have an account statement which you can use to do your taxes. But at the end you'll have to do the taxes for your country on your own. It's impossible for us to deal with all taxes in the world.

Oh of course not i wouldn't expect the group to go that far but anything to make fthose that need to able to get a nice export of capital gains etc, or trades that they would have to pay tax on would i think be really appreciated by everyone who decides to join the platform Smiley
member
Activity: 532
Merit: 10

Wait let me get this striaght. Savedroid is not a trading app but a saving but. All I have to do is connect my credit card to the app and the AI will tell me which coin to buy for profit making. Correct me if am wrong, but this looks more of trading than saving. Where exactly does the saving action come in?? I mean  how does it help save money by making us spend money? Not to mention the likely 2€ fee for using the app. Please some should explain this to me please. Thanks

If i can explain this,lets say you intend to save $5 for a sneakers pair, the app will be connected in such a way as to remind you of your wish, so what it does is, take that amount out of your account and save it for you as requested, so that's where the saving part comes in, that's what i could come up with from a bit of the whitepaper Smiley
Yes thanks for the explanation, it's accurate and you have been faster than me. Smiley

OH. I see. That's to say the user will have to communicate it across to the AI (through the means provided) before hand the amount he/she is willing to save off the total income. Wow. That's nice. I get it now, Cool innovation.
member
Activity: 490
Merit: 10

Wait let me get this striaght. Savedroid is not a trading app but a saving but. All I have to do is connect my credit card to the app and the AI will tell me which coin to buy for profit making. Correct me if am wrong, but this looks more of trading than saving. Where exactly does the saving action come in?? I mean  how does it help save money by making us spend money? Not to mention the likely 2€ fee for using the app. Please some should explain this to me please. Thanks

Thanks for sharing the article. Didn't know that it charge the monthly fee :O They said if you shopping with in the app in the store that they have a deal you will get a discount. and the AI will study what do u like to buy and find the best deal direct to you when it see the good one. so kinda save that money?  or something els i missing???
We see multiple types of saving which we have all already implemented in the current app:
- saving in the sense of moving money from your checkings account (via ifttt-rules or our AI)
- saving in the sense of saving money on existing contracts. Therefore our AI analyzes your contracts and behavior (e.g. data consumption) and suggests better contracts for you
- saving in the sense of saving money when fulfilling your wishes. Therefore we scan our partner network for good deals for you (e.g. the 3% offer on Amazon)

Will users have to pay fees for the automatic savings done by the AI (i.e moving money from the checking account)? If so users, especially those who deal with small amounts of money, might lose more money on fees than the amount they save.
The current app is totally free for our users. This might change when converting to crypto, but this will be percentual fees. So it doesn't matter if you save cents or millions.

Just wondering if you will be charging cryptos to list? I understand a percentage of crypto conversion would feed in as revenue stream; is listing different cryptos considered a revenue stream as well?
member
Activity: 420
Merit: 11
We will be able to choose whether to pay the fee in FIAT or SVD token?
Or how the distribution of fees will happen?
newbie
Activity: 112
Merit: 0


Wait let me get this striaght. Savedroid is not a trading app but a saving but. All I have to do is connect my credit card to the app and the AI will tell me which coin to buy for profit making. Correct me if am wrong, but this looks more of trading than saving. Where exactly does the saving action come in?? I mean  how does it help save money by making us spend money? Not to mention the likely 2€ fee for using the app. Please some should explain this to me please. Thanks

Thanks for sharing the article. Didn't know that it charge the monthly fee :O They said if you shopping with in the app in the store that they have a deal you will get a discount. and the AI will study what do u like to buy and find the best deal direct to you when it see the good one. so kinda save that money?  or something els i missing???
We see multiple types of saving which we have all already implemented in the current app:
- saving in the sense of moving money from your checkings account (via ifttt-rules or our AI)
- saving in the sense of saving money on existing contracts. Therefore our AI analyzes your contracts and behavior (e.g. data consumption) and suggests better contracts for you
- saving in the sense of saving money when fulfilling your wishes. Therefore we scan our partner network for good deals for you (e.g. the 3% offer on Amazon)

Will users have to pay fees for the automatic savings done by the AI (i.e moving money from the checking account)? If so users, especially those who deal with small amounts of money, might lose more money on fees than the amount they save.
The current app is totally free for our users. This might change when converting to crypto, but this will be percentual fees. So it doesn't matter if you save cents or millions.

Thanks for the quick answer. So if you don't take fess on the transactions, what will be your primary source of income? Or will you just leave the savings fee free and take cuts from investments or transactions?
We'll defintitely iterate also on the cost structure, to make it accepted by the users. My current assumption (to be proven) is that we'll stick with the affiliate commission for fiat savings and when converting to crypto make a cut on these.

 In the whitepaper it's states that  user will be able to switch between cryptocurrency. When switching from one cryptocurrency to another what's the  % fee charged?
member
Activity: 294
Merit: 10
Founder & CTO at savedroid AG


Wait let me get this striaght. Savedroid is not a trading app but a saving but. All I have to do is connect my credit card to the app and the AI will tell me which coin to buy for profit making. Correct me if am wrong, but this looks more of trading than saving. Where exactly does the saving action come in?? I mean  how does it help save money by making us spend money? Not to mention the likely 2€ fee for using the app. Please some should explain this to me please. Thanks

Thanks for sharing the article. Didn't know that it charge the monthly fee :O They said if you shopping with in the app in the store that they have a deal you will get a discount. and the AI will study what do u like to buy and find the best deal direct to you when it see the good one. so kinda save that money?  or something els i missing???
We see multiple types of saving which we have all already implemented in the current app:
- saving in the sense of moving money from your checkings account (via ifttt-rules or our AI)
- saving in the sense of saving money on existing contracts. Therefore our AI analyzes your contracts and behavior (e.g. data consumption) and suggests better contracts for you
- saving in the sense of saving money when fulfilling your wishes. Therefore we scan our partner network for good deals for you (e.g. the 3% offer on Amazon)

Will users have to pay fees for the automatic savings done by the AI (i.e moving money from the checking account)? If so users, especially those who deal with small amounts of money, might lose more money on fees than the amount they save.
The current app is totally free for our users. This might change when converting to crypto, but this will be percentual fees. So it doesn't matter if you save cents or millions.

Thanks for the quick answer. So if you don't take fess on the transactions, what will be your primary source of income? Or will you just leave the savings fee free and take cuts from investments or transactions?
We'll defintitely iterate also on the cost structure, to make it accepted by the users. My current assumption (to be proven) is that we'll stick with the affiliate commission for fiat savings and when converting to crypto make a cut on these.
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