[ANN][ICO] savedroid - BITCOIN SAVING MADE EASY! - page 195.

tobson2

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Founder & CTO at savedroid AG

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.

tobson2

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Founder & CTO at savedroid AG

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.

dress

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Who are your advisors?

tobson2

member

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Founder & CTO at savedroid AG

Quote from: Nathan01 on January 30, 2018, 07:54:36 AM

And up till now no one is talking about mobile applications of savedroid or even future possibilities... I didn't see that in the white paper either... Can someine point me there Roll Eyes

It's linked in the Resources. Wink

We don't put that too much into public as it's only available for German residents so far.

You can also find it here:
- https://itunes.apple.com/de/app/savedroid/id1155426185
- https://play.google.com/store/apps/details?id=de.savedroid

Sozialtourist

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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?

phantam

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Bountyhive.io

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

I'd imagine their planning for longterm and quality advertising isn't cheap, remember this is for an existing company/product they really don't have much in the way of product development needed so most of the cash will be put into expanding their reach. Or thats how i understand it so it makes sense that the bulk of investment would go into marketing to massively extend their outreach and grow their base.

faulerwilli

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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

phantam

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Bountyhive.io

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.

Nathan01

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DocTailor IEO on Zloadr

And up till now no one is talking about mobile applications of savedroid or even future possibilities... I didn't see that in the white paper either... Can someine point me there Roll Eyes

girib1684

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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....

ibininja

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Quote from: tobson2 on January 30, 2018, 04:08:12 AM

Quote from: ibininja on January 30, 2018, 12:21:15 AM

I might have missed the details to this on the whitepaper; Under section 4.1 it is mentioned that users will have their micro-savings automatically converted in cryptocurrencies except some countries we may have to exclude due to regulative constraints.

I have two questions on this:
1- does automatic mean that it is a default so fiat will always be converted to crypto?
2- any idea which countries would be excluded?

1- you'll be able to choose what proportion shall be converted to crypto
2- this has to be investigated a bit more from our law firm

Cool I will keep an eye out for those announcements. from 1 I understand that it is only automatic if I decided that it is. Great to know It would make sense too given the idea is to AI the process and that is part of the automation cycle. Got it.

Owillz

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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

BTCHybrid

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Quote from: Ace44 on January 30, 2018, 04:52:55 AM

Quote from: tobson2 on January 29, 2018, 02:26:19 PM

Quote from: Ace44 on January 29, 2018, 01:47:46 PM

Quote from: tobson2 on January 29, 2018, 12:42:01 PM

Quote from: rezzx on January 29, 2018, 12:14:38 PM

Quote from: tobson2 on January 29, 2018, 04:22:57 AM

Quote from: rezzx on January 28, 2018, 05:55:39 PM

Can someone please elaborate on what exactly will the role of the AI be? Right now the AI is used to help people save, by learning their spending patterns and their financial goals. This is done with fiat, I wonder what will be the big difference when crypto is involved. Is it just this or is there something else i'm missing?

The crypto market is much more volatile, so that's definitely one of the challenges we have to phase. But with Prof. Dr. Danko Nikolic and Dr. Yassin Hankir we have to people with a lot of experience in this field. So if anyone can do it, then these two guys!

So you are saying that the AI will be used as a part of the investment algorithms? Is this something that already happening in your fiat investment app? I was under the impression that the AI is used for the savings, didn't figure it was also for investments. If this is true it's a whole different story. There is already alot of competition in this area, guess we will have to see how the algorithms will perform.

The AI is not used for investment so far as we don't offer investments yet. Looking forward to that competition, if there wouldn't be any it might be a bad sign in my opinion. Wink

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So basically , the AI understands individual spending habits and streamlines the saving process to such but humans are prone to change, can the AI pick up this and also try to adapt to such change to fit the individual?

Exactly that's what it's doing including all seasonal changes and the bevahior change of humans.

That's great, never heard anything like this before, a lot of people have this savings issue, they hardly know how to save or streamline their savings and if savedroid can fulfill their promise, then i think you have a huge market waiting for you

Good to know... it seem like AI will be the future thing for all of us no matter what. Now we hope to have one AI to improve our saving

ericstef

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good

Ace44

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Quote from: tobson2 on January 29, 2018, 02:26:19 PM

Quote from: Ace44 on January 29, 2018, 01:47:46 PM

Quote from: tobson2 on January 29, 2018, 12:42:01 PM

Quote from: rezzx on January 29, 2018, 12:14:38 PM

Quote from: tobson2 on January 29, 2018, 04:22:57 AM

Quote from: rezzx on January 28, 2018, 05:55:39 PM

Can someone please elaborate on what exactly will the role of the AI be? Right now the AI is used to help people save, by learning their spending patterns and their financial goals. This is done with fiat, I wonder what will be the big difference when crypto is involved. Is it just this or is there something else i'm missing?

The crypto market is much more volatile, so that's definitely one of the challenges we have to phase. But with Prof. Dr. Danko Nikolic and Dr. Yassin Hankir we have to people with a lot of experience in this field. So if anyone can do it, then these two guys!

So you are saying that the AI will be used as a part of the investment algorithms? Is this something that already happening in your fiat investment app? I was under the impression that the AI is used for the savings, didn't figure it was also for investments. If this is true it's a whole different story. There is already alot of competition in this area, guess we will have to see how the algorithms will perform.

The AI is not used for investment so far as we don't offer investments yet. Looking forward to that competition, if there wouldn't be any it might be a bad sign in my opinion. Wink

So basically , the AI understands individual spending habits and streamlines the saving process to such but humans are prone to change, can the AI pick up this and also try to adapt to such change to fit the individual?

Exactly that's what it's doing including all seasonal changes and the bevahior change of humans.

That's great, never heard anything like this before, a lot of people have this savings issue, they hardly know how to save or streamline their savings and if savedroid can fulfill their promise, then i think you have a huge market waiting for you

girib1684

member

Activity: 168

Merit: 11

Quote from: BaliScript on January 29, 2018, 02:16:53 PM

Quote from: rathaha10 on January 29, 2018, 02:12:25 PM

How did you guys make a partnership with Amazon.de

? It is just amazing that Amazon is working with you guys. Is there any official statement from Amazon mentioning this partnership ? I know that it is true, but I am too curious.

Where did you read about the partnership with Amazon? I googled it and read an article mentioning it, bu not really confirming it:
https://www.fintech-hub.eu/fintechs/savedroid?language=en

Rathaha10 I guess saw this below link. As I never see any statement about partnership with Amazon. In this link mentioned about some latest Savedroid features like user can save theirs money in uniquely fun and simple way, so that they can fulfill consumer desires. For more details you cab visit below link....

https://beat.10ztalk.com/2018/01/29/latest-feature-from-savedroid-fulfill-your-wishes-at-amazon-and-co-with-a-discount/

tipar

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Presale is live: BitPenta.com

Nice project Wink

jamzzz123

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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 they found a solution which will fix high demands across the globe and be succesful. Since Crypto's does look like the future with the AI intelligence which in my opinion is a big part of this new technology as the amount of companies that can benefit from it is impressive and should get adopted.

tobson2

member

Activity: 294

Merit: 10

Founder & CTO at savedroid AG

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?

To be honest we're looking for the crypto-market since the beginning. But even the still barrier of lack of knowledge was too high for our existing user base. Some months ago most of them would not even know what a bitcoin is. But the latest media-hype helped here to do some first education, where we can build up now.

tobson2

member

Activity: 294

Merit: 10

Founder & CTO at savedroid AG

Quote from: ibininja on January 30, 2018, 12:21:15 AM

I might have missed the details to this on the whitepaper; Under section 4.1 it is mentioned that users will have their micro-savings automatically converted in cryptocurrencies except some countries we may have to exclude due to regulative constraints.

I have two questions on this:
1- does automatic mean that it is a default so fiat will always be converted to crypto?
2- any idea which countries would be excluded?

1- you'll be able to choose what proportion shall be converted to crypto
2- this has to be investigated a bit more from our law firm

Topic: [ANN][ICO] savedroid - BITCOIN SAVING MADE EASY! - page 195. (Read 55443 times)