[ANN][ICO] savedroid - BITCOIN SAVING MADE EASY! - page 194.

Cnote328

newbie

Activity: 112

Merit: 0

Quote from: phantam on January 30, 2018, 01:22:49 PM

Quote from: tobson2 on January 30, 2018, 01:14:53 PM

Quote from: Zombie259 on January 30, 2018, 12:55:35 PM

What is the minimum amount for the ICO and is there a maximum amount?
Is KYC necessary and from what amount?

Min amount is 10 €, max amount on the frontend is 100,000 €. For bigger tickets just contact us directly.

KYC is required and depends on the investement amount.

Like the fact it's only a 10 euro minimum entry, makes it a lot easier for those of us with limited fiat at the moment (market hasn't been nice lately lol so not exactly swiming in liquidity) but definitely helps to be able to grab even a small investment in ICO's that show promise... especially those with existing platforms/products, they always tend to be the best performers especially through dips like these that we're going through across crypto.

Boy do i hate KYC's though but i understand why its necessary especially for non-utility coins.

I totally agree with you mate the market isn't friendly at the moment lol, I'm glad the minimum is 10 euro Savedroid really has everybody in mind. I understand the idea behind KYC I feel it's a needed addition to the crypto ecosystem.

gixon

newbie

Activity: 59

Merit: 0

I think that such a great team work successful project!

phantam

full member

Activity: 546

Merit: 106

Bountyhive.io

Quote from: tobson2 on January 30, 2018, 01:14:53 PM

Quote from: Zombie259 on January 30, 2018, 12:55:35 PM

What is the minimum amount for the ICO and is there a maximum amount?
Is KYC necessary and from what amount?

Min amount is 10 €, max amount on the frontend is 100,000 €. For bigger tickets just contact us directly.

KYC is required and depends on the investement amount.

Like the fact it's only a 10 euro minimum entry, makes it a lot easier for those of us with limited fiat at the moment (market hasn't been nice lately lol so not exactly swiming in liquidity) but definitely helps to be able to grab even a small investment in ICO's that show promise... especially those with existing platforms/products, they always tend to be the best performers especially through dips like these that we're going through across crypto.

Boy do i hate KYC's though but i understand why its necessary especially for non-utility coins.

tobson2

member

Activity: 294

Merit: 10

Founder & CTO at savedroid AG

Quote from: faulerwilli on January 30, 2018, 01:21:00 PM

cool, I read in the whitepaper that in the future you can also buy SVD-Tokens directly in the savedroid app.
But I've also read that some of the tokens you spend on the app are being burned. Doesn't that mean that fewer and fewer tokens are available? ok, there will be a lot of tokens in the beginning, but over the years it will be less and less. good for hodlers, but what happens if the number of tokens really gets very low?

The SVD token has 18 decimals, so there's plenty of space to run the whole system with one single token. Wink

faulerwilli

full member

Activity: 994

Merit: 140

cool, I read in the whitepaper that in the future you can also buy SVD-Tokens directly in the savedroid app.
But I've also read that some of the tokens you spend on the app are being burned. Doesn't that mean that fewer and fewer tokens are available? ok, there will be a lot of tokens in the beginning, but over the years it will be less and less. good for hodlers, but what happens if the number of tokens really gets very low?

tobson2

member

Activity: 294

Merit: 10

Founder & CTO at savedroid AG

Quote from: Zombie259 on January 30, 2018, 12:55:35 PM

What is the minimum amount for the ICO and is there a maximum amount?
Is KYC necessary and from what amount?

Min amount is 10 €, max amount on the frontend is 100,000 €. For bigger tickets just contact us directly.

KYC is required and depends on the investement amount.

tobson2

member

Activity: 294

Merit: 10

Founder & CTO at savedroid AG

Quote from: girib1684 on January 30, 2018, 12:43:39 PM

Quote from: BaliScript on January 30, 2018, 08:42:02 AM

Quote from: tobson2 on January 30, 2018, 08:33:04 AM

Quote from: faulerwilli on January 30, 2018, 08:14:00 AM

Am I right, 50% of token sale revenue is reserved for marketing? I am no marketing specialist, is this magnitude normal? Not that I have anything against advertising, but 50% seem to be very much

Yes that's right and that reflects also our historic marketing spend. So besides experts recommending that proportion we also have our own proof for that.

Especially if you want to attract mass market and have probably even TV spots marketing gets a bist costly.

I dont think Ive seen an allocation of 50% of the tokens to marketing before. That is indeed huge, and also shows that Savedroid is focused on the mass market

Might be for marketing or might be they reserved it for their investors to distribute as bonus or rewards. That we know Savedroid Team doing good work. So we have to till end of ICO

No worries, the marketing bucket is for product marketing, nothing for investors.

tobson2

member

Activity: 294

Merit: 10

Founder & CTO at savedroid AG

Quote from: rathaha10 on January 30, 2018, 12:19:06 PM

What will you guys do when you are hacked, and the funds are gone ? Is there any refund system for the investors ? I am not saying that it will happen, but you never know for sure.

We're setting up our systems to not get hacked at all.

But besides that we're currently looking if we can offer some kind of insurance for the funds.

Zombie259

member

Activity: 420

Merit: 11

What is the minimum amount for the ICO and is there a maximum amount?
Is KYC necessary and from what amount?

Nathan01

member

Activity: 728

Merit: 11

DocTailor IEO on Zloadr

Quote from: phantam on January 30, 2018, 07:56:18 AM

Quote from: girib1684 on January 30, 2018, 06:34:29 AM

Quote from: Owillz on January 30, 2018, 05:36:09 AM

Quote from: gee777 on January 30, 2018, 02:44:09 AM

Savedroid is an established company which has been running since 2015 if i am not wrong with a working product and over 200k users...
Then what made savedroid look into the cryptocurrency direction?

Probably because most activities and business these days are either running on the blockchain technology or working towards running in block chain tech. This is actually a good move for them. # my opinion

Agree with Owillz. Almost lots business and organization or we can say almost whole world are started moving to Blockchain Technology, so I don't think so savedroid has doing anything wrong. This is also my personal opinion....

Distributed infrastructure is the future, it has been for a while, and blockchain simplifies that fact and spreads it globally, something that used to not be possible, distributed used to mean spread across 1 companies infrastructure / datacenters like amazon or microsoft. Now it means spread across millions of computers from random individuals world wide. Savedroid is just making the smart choice to start integrating blockchain.

Wow this is huge, haven't actually seen it this way... Savedroid is then a utility token which solves the global problem of centralization by decentralizing in a better and smarter way... Hmm I see why there is a lot of positive buzz around the project

girib1684

member

Activity: 168

Merit: 11

Quote from: BaliScript on January 30, 2018, 08:42:02 AM

Quote from: tobson2 on January 30, 2018, 08:33:04 AM

Quote from: faulerwilli on January 30, 2018, 08:14:00 AM

Am I right, 50% of token sale revenue is reserved for marketing? I am no marketing specialist, is this magnitude normal? Not that I have anything against advertising, but 50% seem to be very much

Yes that's right and that reflects also our historic marketing spend. So besides experts recommending that proportion we also have our own proof for that.

Especially if you want to attract mass market and have probably even TV spots marketing gets a bist costly.

I dont think Ive seen an allocation of 50% of the tokens to marketing before. That is indeed huge, and also shows that Savedroid is focused on the mass market

Might be for marketing or might be they reserved it for their investors to distribute as bonus or rewards. That we know Savedroid Team doing good work. So we have to wait till end of ICO

rezzx

newbie

Activity: 70

Merit: 0

Quote from: rathaha10 on January 30, 2018, 12:19:06 PM

What will you guys do when you are hacked, and the funds are gone ? Is there any refund system for the investors ? I am not saying that it will happen, but you never know for sure.

This is indeed a problem, but it's not unique to Savedoird. Every bank or financial system that keeps people's money faces the danger of potential hack. I don't know how things work in Germany, but in many countries regulations force companies that deal with people's money in large scales to have an insurance against this kind of problems. As Savedroid already has a running platform that deals with fiat, I assume they are covered against hacks already, but I agree this is something they need to clarify.

rathaha10

full member

Activity: 616

Merit: 108

io.ezystayz.com

What will you guys do when you are hacked, and the funds are gone ? Is there any refund system for the investors ? I am not saying that it will happen, but you never know for sure.

Ace44

member

Activity: 672

Merit: 11

Quote from: jamzzz123 on January 30, 2018, 08:49:43 AM

Quote from: BaliScript on January 30, 2018, 08:42:02 AM

Quote from: tobson2 on January 30, 2018, 08:33:04 AM

Quote from: faulerwilli on January 30, 2018, 08:14:00 AM

Am I right, 50% of token sale revenue is reserved for marketing? I am no marketing specialist, is this magnitude normal? Not that I have anything against advertising, but 50% seem to be very much

Yes that's right and that reflects also our historic marketing spend. So besides experts recommending that proportion we also have our own proof for that.

Especially if you want to attract mass market and have probably even TV spots marketing gets a bist costly.

I dont think Ive seen an allocation of 50% of the tokens to marketing before. That is indeed huge, and also shows that Savedroid is focused on the mass market

This is a big number, impressive as I think a lot of it comes down to marketing and advertisement.

A lot of it is speculation so I'm grateful that they have a budget big enough to cover the masses of marketing and advertisement to get the project more known and more investors getting involved.

Keep up the good work Savedroid team!

Yea, advertisement is where the bulk of the investment is, however savedroid offers value-adding products which will lead to huge returns, a wise investment if you look at what the project offers, this is like a means of making cryptocurrencies accessible for everyone

artursimsonfrg

newbie

Activity: 126

Merit: 0

Savedroid creates a unique AI-fueled Ecosystem of Crypto Saving and Investing for the Masses.
Savedroid's AI enables Users to automatically save up for their Wishes without Thinking about Saving.

Anilg

member

Activity: 168

Merit: 10

Quote from: jamzzz123 on January 30, 2018, 08:49:43 AM

Quote from: BaliScript on January 30, 2018, 08:42:02 AM

Quote from: tobson2 on January 30, 2018, 08:33:04 AM

Quote from: faulerwilli on January 30, 2018, 08:14:00 AM

Am I right, 50% of token sale revenue is reserved for marketing? I am no marketing specialist, is this magnitude normal? Not that I have anything against advertising, but 50% seem to be very much

Yes that's right and that reflects also our historic marketing spend. So besides experts recommending that proportion we also have our own proof for that.

Especially if you want to attract mass market and have probably even TV spots marketing gets a bist costly.

I dont think Ive seen an allocation of 50% of the tokens to marketing before. That is indeed huge, and also shows that Savedroid is focused on the mass market

This is a big number, impressive as I think a lot of it comes down to marketing and advertisement.

A lot of it is speculation so I'm grateful that they have a budget big enough to cover the masses of marketing and advertisement to get the project more known and more investors getting involved.

Keep up the good work Savedroid team!

50% seems to be high but we need to check how this money will be spent and such kind of marketing is really needed. It's very early to guess anything right now. Just wait n watch.

jamzzz123

member

Activity: 350

Merit: 16

Quote from: BaliScript on January 30, 2018, 08:42:02 AM

Quote from: tobson2 on January 30, 2018, 08:33:04 AM

Quote from: faulerwilli on January 30, 2018, 08:14:00 AM

Am I right, 50% of token sale revenue is reserved for marketing? I am no marketing specialist, is this magnitude normal? Not that I have anything against advertising, but 50% seem to be very much

Yes that's right and that reflects also our historic marketing spend. So besides experts recommending that proportion we also have our own proof for that.

Especially if you want to attract mass market and have probably even TV spots marketing gets a bist costly.

I dont think Ive seen an allocation of 50% of the tokens to marketing before. That is indeed huge, and also shows that Savedroid is focused on the mass market

This is a big number, impressive as I think a lot of it comes down to marketing and advertisement.

A lot of it is speculation so I'm grateful that they have a budget big enough to cover the masses of marketing and advertisement to get the project more known and more investors getting involved.

Keep up the good work Savedroid team!

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: tobson2 on January 30, 2018, 08:35:05 AM

Quote from: Sozialtourist on January 30, 2018, 08:24:38 AM

I saw that you already have a mobile app with more than 200k downloads. That's an impressive number. Can you tell us more about what are the number of Daily Active Users/Monthly Active Users of your app?

To be honest we don't track DAU and MAU as one of our most important features is that everything is happening in the background. That means people don't need to open the app anymore after it's configured, which also leads to the point that DAU-rate is quite low, while a lot more are actively saving money.

You can even find ratings in the play store that this is what people really find fascinating, that they don't need to care and are simply surprised how much money they saved while not actively opening the app.

Okay, that makes sense. When it's really that simple that you don't have to even open the app anymore after all is configured, it's just logical that there is a low number of daily active users. Thanks for your answer.

BaliScript

member

Activity: 140

Merit: 11

Quote from: tobson2 on January 30, 2018, 08:33:04 AM

Quote from: faulerwilli on January 30, 2018, 08:14:00 AM

Am I right, 50% of token sale revenue is reserved for marketing? I am no marketing specialist, is this magnitude normal? Not that I have anything against advertising, but 50% seem to be very much

Yes that's right and that reflects also our historic marketing spend. So besides experts recommending that proportion we also have our own proof for that.

Especially if you want to attract mass market and have probably even TV spots marketing gets a bist costly.

I dont think Ive seen an allocation of 50% of the tokens to marketing before. That is indeed huge, and also shows that Savedroid is focused on the mass market

tobson2

member

Activity: 294

Merit: 10

Founder & CTO at savedroid AG

Quote from: dress on January 30, 2018, 08:32:36 AM

Who are your advisors?

You can find all 16 advisors at https://ico.savedroid.com/team/

Topic: [ANN][ICO] savedroid - BITCOIN SAVING MADE EASY! - page 194. (Read 55443 times)