Just watched the AMA. Who didn't watch it, please do… it's worth it:
https://www.youtube.com/watch?v=41OuMFt_fMcThis guy clearly lives in a parallel-world in which he has a strong and very persistent ability to ignore his own lies and contradictions. He is able to say one thing and to contradict that just some sentences later, while he is not even aware. Actually he reminds me of Trump. It’s a different style of course, but the principle is similar and shows
Conman-acting on a high level.
What is also interesting: He is not aware how naive it is what he says. Just one example: He was so surprised that pishing sites popped up. He must be not only new to Crypto but to the Internet! But yeah, please Savedroid, help to regulate this shady stuff away! Already an idea how to achieve that? ;-)
He talks about Savedroids role to
make the market as a whole more sustainable and that would be in favor also for SVD-token-holder. I think he already showed how to achieve that using his own project as example how to trash trust and undermine the value of the own token. Yes, good approach! The Crypto-space will take him seriously and ask for advice!
He points on all the
GREED in this market! That's bad, isn't it? It comes from a hypocrite who just raised about $50 mln by selling a token that is not necessary at all (besides exactly that purpose) using hype, buzzwords and a price-prediction-chart.
They want to come up with a
due-diligence checklist for ICO's to help Investors to come to an informed decision. Please, everybody with some experience in Crypto: Take a deeper look at Savedroid and imagine it’s about 1 week before ICO-start. I just can say for myself: My due-diligence-checklist would have ruled this hype-project out within 15 minutes. After their trash-all-trust-PR: 1 second.
More important for Savedroid-Investors - Clear lies and deception about refund, provided messages and more:
He gives a "no" to all who want to be refunded. Reason: The project hasn't changed. Interesting statement that reveals something quiet concerning but not surprising at all: He does not understand, or intentionally ignores, what the real value is about that backs
everything else:
Trust. But yes, that didn't change after all the headlines that Savedroid is a scam and after all the lies, deceptions and confusion...
He gives insights about the own escrow setup and he clearly says that it would NOT have been possible to steal those funds. But in his "And it's NOT gone-video" he said that he wanted to show, quote:
"(...) how easy it could've been that even we, as a highly regulated german stock corporation, could have just run away, then exit scam with all the funds (...)" Isn't that a lie? Ah, let's not care about such details and talk about his lies or it would also be necessary to talk about the trust issue, right? Nothing to see here, nothing has changed.
He points on the message he pretended he has given and he does that again and again and still believes it to be good and that it will have positive impact. He also advices his viewers to check if a project that runs an ICO uses an escrow-services. Let's take a deeper look at the provided message and the given advice:
Action taken during ICO: Savedroid used an escrow.
Message: Savedroid is a safe Investment on that front
Action taken after ICO: The team faked an exit-scam
Message: Oh no, Yassir vanished to a beach in Egypt and took all the money. Damn, if that is true, not even escrows can be trusted anymore!
Action taken after PR-Stunt: He explains in his video that it was just a PR-Stunt but that he could easily have executed an exit scam with all the funds
Message: Did he just confirm that he really could have taken all the funds despite having an escrow? Damn, it’s true, not even escrows can be trusted anymore!
Action taken to explain the mess: Ama yesterday, saying that he would NOT have been able to steal the funds, explains his viewers the advantages of escrow-services
Message: WHAT THE FUCK ARE YOU TEACHING HERE? ;-)
Some Facts about the real message Savedroid delivered: Savedroid-is-a-Scam-message was delivered internationally, probably to millions who will continue to connect the words Savedroid and Scam and continue to believe that Savedroid is exactly that - question probably is if that is wrong under the line ;-)
Message that Savedroid has done an insane and irresponsible PR-Stunt on the back of all others was also delivered powerful
AMA yesterday was delivered to, in best case: a few thousands.
Result: Some believe "this" and others "that“, others already came up with own theories that are quiet often a damaging combinations of both, like "they tried it but got scared and backed off". The majority will just not care much more about this. Who does really believe that Savedroid will ever be taken seriously by any real professional in this space, or just guys like me who have a real „due-diligence-checklist“?
Something funny besides: On the german AMA he explains that he was surprised and that they didn’t expect that the Exit-Scam-Info would have international impact. He believed that would be limited more to Germany. Additionally he didn’t expect (and is deeply sorry about) that it had impact in the Fintech-Space.
But what the hell did he expect? Surprise, Crypto is international and surprise, Savedroid is a Fintech. But he believed he could place his trash-trust-PR focused on Germany and not international and everywhere in Germany but not in the Fintech-space? What did he smoke?
Funny as well: Especially big Investors liked his PR-Stunt... sure!
Exchanges:
A loooong explanation that some exchanges would want millions in USD to list SVD, that he doesn’t agree with that and doesn’t want to pay for such a listing. I tend to agree with him as well. But: Wouldn’t it be a good first step to a more sustainable market to make such exchanges public? Or is it maybe just not true?
Top5 exchange: Nothing to say about that… all under NDA.
That’s an interesting combination btw. I would not hope for a listing on a bigger exchange at all, because it might very well be that he is already preparing excuses.
Most important fact:
They have the millions and won't give any of that back, because: nothing has changed.
Let’s forget deception, contradiction, hypocrisy and proven lies. Why paying attention to such details when it’s about the better of the whole industry, less scams and a more sustainable market. Everybody should take Savedroid and it’s high standards of honesty and transparency as example, right?
Some words to Yassin: You have done a powerful job to give your company the scam-brand and it’s totally deserved. You also say that the situation is still too emotional and that you expect that to calm down over time. And yes, you’re right. Exactly that will happen and you’ll see: In a few weeks the public will just not care much about this project anymore. You already can see that dynamic. The media has thrown this project into the scam-or-dumb-section and that is what you asked for. Some will probably make some fun about you like I do, but attention will continue to decrease significantly - and with that a lot of potential. What will be left? My guess is: Damage to your Investors - that’s it.
To the rest of the team: I would make a bet that not all of you disagree with what I try to explain here, even if I do it in an insulting way to the company that pays your checks. But think about where that money came from and ask yourself just two questions:
1) Do you really believe it’s deserved?
2) Do you also believe that a refund should not be given because nothing has changed? #trust?