savedroid ICO — Product development recap after Pre-Sale
As you might have noticed — thanks to our great community — our pre-sale was a great success! We sold 500,000,000 tokens in less than 7 hours, which was overwhelming! Thanks a lot!
Nonetheless, we have to admit that during our pre-sale not everything worked as frictionless as we wished, so, for the product development team, the last two weeks have been dominated by countless nightshifts, tons of caffeine and preparing and improve the processes for buying and enhancing the experience for everyone participating in our ICO, and of course we want to share these with you!
Read more at: https://medium.com/@ico_8796/savedroid-ico-product-development-recap-after-pre-sale-cca022828ac8
Topic: [ANN][ICO] savedroid - BITCOIN SAVING MADE EASY! - page 199. (Read 55443 times)
There is a graph on the site https://ico.savedroid.com/ Where Savedroid claims that 100 tokens will be worth around 9 euros by 2022. How did Savedroid calculated this, since the crypto market is very volatile??
Just to make it clear, we don't claim this is the price, that's just a possible option. So for transparency we've published our token model calculation where you can even play with your own assumptions. You find the downlod button right below the chart. 
OK. That makes more sense now. And it's transparent enough for me.i mean We are allowed to speculate as long as we make know publicly that they are speculations and not facts.
Well, no one can predict the exact price for a token that far in the future. It's pure speculation. 2022 is 4 years from now, that's like an eternity in crypto. Sometimes, when it's crazy the 100 tokens could reach these 9 Euro even in half a year, you can never know.
You are correct from trading point of view. But Savedriod team can't predict based on that. I think based on the business model and their goal till 2022 savedriod team came up with 9 Euros price for 100 SVD
..
For all Savedroid lovers, Savedroid has uploaded one video about Myetherwallet setup for Savedroid ICO. Very great guideline are in this video. I guess everyone have to visit to below YouTube link.
https://www.youtube.com/watch?v=buNSLZfqhRc
https://www.youtube.com/watch?v=buNSLZfqhRc
Good video for basic people setting up myetherwallet otherwise pretty straight forward, it's good savedroid project are doing this even for the users who are new to myetherwallet.
Good to cover the basics.
What exchanges are savedroid planning on hitting after the Sale etc? or is too early to say
Great news, thanks for the update, very interesting project with different ways to accumulate fiat / cryptos
I like the sound of it and really like the idea that it doesnt just need to be cryptos, you can deal in fiat too which is a good point for me.
There is a graph on the site https://ico.savedroid.com/ Where Savedroid claims that 100 tokens will be worth around 9 euros by 2022. How did Savedroid calculated this, since the crypto market is very volatile??
Just to make it clear, we don't claim this is the price, that's just a possible option. So for transparency we've published our token model calculation where you can even play with your own assumptions. You find the downlod button right below the chart. OK. That makes more sense now. And it's transparent enough for me.i mean We are allowed to speculate as long as we make know publicly that they are speculations and not facts.
Well, no one can predict the exact price for a token that far in the future. It's pure speculation. 2022 is 4 years from now, that's like an eternity in crypto. Sometimes, when it's crazy the 100 tokens could reach these 9 Euro even in half a year, you can never know.
There is a graph on the site https://ico.savedroid.com/ Where Savedroid claims that 100 tokens will be worth around 9 euros by 2022. How did Savedroid calculated this, since the crypto market is very volatile??
Just to make it clear, we don't claim this is the price, that's just a possible option. So for transparency we've published our token model calculation where you can even play with your own assumptions. You find the downlod button right below the chart. OK. That makes more sense now. And it's transparent enough for me.i mean We are allowed to speculate as long as we make know publicly that they are speculations and not facts.
For all Savedroid lovers, Savedroid has uploaded one video about Myetherwallet setup for Savedroid ICO. Very great guideline are in this video. I guess everyone have to visit to below YouTube link.
https://www.youtube.com/watch?v=buNSLZfqhRc
https://www.youtube.com/watch?v=buNSLZfqhRc
Good video for basic people setting up myetherwallet otherwise pretty straight forward, it's good savedroid project are doing this even for the users who are new to myetherwallet.
Good to cover the basics.
What exchanges are savedroid planning on hitting after the Sale etc? or is too early to say
You already have more than 100,000 customers, which of course has a positive effect on the tokenale.
How does it work if you implement crypto currencies, can I choose to save in Fiat or crypto, will it be a hybrid, or will you completely switch to cryptocurrencies?
In Germany it'll be hybrid, so you can say how much money of your wish shall be saved in EUR and how much in crypto.How does it work if you implement crypto currencies, can I choose to save in Fiat or crypto, will it be a hybrid, or will you completely switch to cryptocurrencies?
For the international case it'll be crypto only in the beginning as we cannot offer a FIAT-bank-account so far outside of Germany.
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! There is a graph on the site https://ico.savedroid.com/ Where Savedroid claims that 100 tokens will be worth around 9 euros by 2022. How did Savedroid calculated this, since the crypto market is very volatile??
Just to make it clear, we don't claim this is the price, that's just a possible option. So for transparency we've published our token model calculation where you can even play with your own assumptions. You find the downlod button right below the chart. Hi, was reading your whitepaper you stated that App users will not have to worry about selecting and registering at a
crypto exchange, selecting and maintaining a compatible wallet, and handling private
keys can you elaborate more on this thanks.
Sure, so the idea is to have a wallet integrated directly into the app which will allow you to have an easy start without taking care of private keys as we handle this. Yes this is security-wise not perfect and a bit off the decentralized core idea. That's why we'll recommend our users to connect the app with their own wallet as soon as they've reach a specific amount of funds. You can compare it with a gamification approach to cryptoeducation. crypto exchange, selecting and maintaining a compatible wallet, and handling private
keys can you elaborate more on this thanks.
For all Savedroid lovers, Savedroid has uploaded one video about Myetherwallet setup for Savedroid ICO. Very great guideline are in this video. I guess everyone have to visit to below YouTube link.
https://www.youtube.com/watch?v=buNSLZfqhRc
https://www.youtube.com/watch?v=buNSLZfqhRc
Good video for basic people setting up myetherwallet otherwise pretty straight forward, it's good savedroid project are doing this even for the users who are new to myetherwallet.
Good to cover the basics.
What exchanges are savedroid planning on hitting after the Sale etc? or is too early to say
There is a graph on the site https://ico.savedroid.com/ Where Savedroid claims that 100 tokens will be worth around 9 euros by 2022. How did Savedroid calculated this, since the crypto market is very volatile??
You can download their Excel spreadsheet which contains a calculation model
I have had a look, it basically consists of assumptions in supply and demand
100 tokens Will be worth 9 Euros in next 5 years? I think Savedriod calculated minimum expected price. Based on the concept and roadmap of Savedriod I think SVD will trade more than 9 Euros per 100 Tokens. Anyway this is just expectations and 5 years is long path. We have to continue watch the progress. One step at each time.
Yes, some call it future projections and when doing such, most organizations tend to keep it realistic, you don't want a situation where you give a projected earning of $50 per token and at the end, it doesn't happen, it will lead to a lot of angry customers, savedroid seem to have a good financial team
For all Savedroid lovers, Savedroid has uploaded one video about Myetherwallet setup for Savedroid ICO. Very great guideline are in this video. I guess everyone have to visit to below YouTube link.
https://www.youtube.com/watch?v=buNSLZfqhRc
https://www.youtube.com/watch?v=buNSLZfqhRc
You already have more than 100,000 customers, which of course has a positive effect on the tokenale.
How does it work if you implement crypto currencies, can I choose to save in Fiat or crypto, will it be a hybrid, or will you completely switch to cryptocurrencies?
How does it work if you implement crypto currencies, can I choose to save in Fiat or crypto, will it be a hybrid, or will you completely switch to cryptocurrencies?
I have downloaded the app, but i cannot register with a Belgium post code.
Access only with German post codes?
Unfortunately, yes. For the current app you need to be a German resident. But we'll expand worldwide with the funds from the ICO. Feel free to have a detailed look into our roadmap at ico.savedroid.com/roadmapAccess only with German post codes?
Do I need a German registration address or even a German bank account?
Sorry that I ask again. I just do not want to get problems with account verification.
To participate in the ICO: No, no German bank account is required.
To use the app in the future: No, no German bank account is required, we'll use debit/credit cards.
Than I'm fine and can start earning money with the app.
AI is always sounds sexy but the thing that makes me most excited here is their platform. crypto market is indeed a very complicated places for beginners, especially older people and this keeps many from investing in the market. If they are able to deliver a platform with a simple and user friend UI like the promise it will become extremely popular. Atleast in my opinion this is the major part and not the AI.
I agree with you completely. A simple platform in this area has been missing for far too long. For many, trading or saving with cryptocurrencies is still far too complicated.
The app from Savedroid is already very user-friendly, if they can then implement that in the new area with the crypto-currency, it will be like a boost for the project.
I personally came across several who find it hard to get into crypto; They are driven off by the various terminologies and the technicality behind actually trading with various coins, investing in ICOs and the likes. A simple UX would go a long way. I think with this given the actual product is out i think it would be a great test case to see how willing the current user base savedroid has to start using savedroid token.
There is a graph on the site https://ico.savedroid.com/ Where Savedroid claims that 100 tokens will be worth around 9 euros by 2022. How did Savedroid calculated this, since the crypto market is very volatile??
You can download their Excel spreadsheet which contains a calculation model
I have had a look, it basically consists of assumptions in supply and demand
100 tokens Will be worth 9 Euros in next 5 years? I think Savedriod calculated minimum expected price. Based on the concept and roadmap of Savedriod I think SVD will trade more than 9 Euros per 100 Tokens. Anyway this is just expectations and 5 years is long path. We have to continue watch the progress. One step at each time.
Yes. Savedroid have bright future. Right now price should not matter at this moment I guess. Because it's just starting, we will see soon very high price and volume from buyers.
There is a graph on the site https://ico.savedroid.com/ Where Savedroid claims that 100 tokens will be worth around 9 euros by 2022. How did Savedroid calculated this, since the crypto market is very volatile??
You can download their Excel spreadsheet which contains a calculation model
I have had a look, it basically consists of assumptions in supply and demand
100 tokens Will be worth 9 Euros in next 5 years? I think Savedriod calculated minimum expected price. Based on the concept and roadmap of Savedriod I think SVD will trade more than 9 Euros per 100 Tokens. Anyway this is just expectations and 5 years is long path. We have to continue watch the progress. One step at each time.
There is a graph on the site https://ico.savedroid.com/ Where Savedroid claims that 100 tokens will be worth around 9 euros by 2022. How did Savedroid calculated this, since the crypto market is very volatile??
You can download their Excel spreadsheet which contains a calculation model
I have had a look, it basically consists of assumptions in supply and demand
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?
In the white paper they talk about 3 phases, each involves a different kind of AI:
First phase - "Self-learning AI algorithm enabling convenient crypto saving in Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin, IOTA, Dash, Stellar, etc.,
providing easy access without technological barriers."
Second phase - "Self-learning AI algorithm enabling smart saving and spending in and across cryptocurrencies, providing hassle-free crypto trading and payments."
Third phase - "Self-learning AI algorithm enabling smart investments in cryptocurrency portfolios, futures, and ICOs, providing cost-efficient and diversified
returns."
You can find more information about each phase in the whitepaper itself, but not too much is explained about the AI mechanism. The devs seem quite responsive here, maybe they can give some better insights.
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