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Topic: [ANN][ICO] savedroid - BITCOIN SAVING MADE EASY! - page 8. (Read 55460 times)

full member
Activity: 1288
Merit: 102
Hubris.
That's what went wrong with this project. Crypto seems to be shattering all records and all the playbook and you just couldn't misstep. But even by the idiotic standards of those days, that PR stunt was one step too far.
Almost pretty sure they held on to the ETH raised till over half the value was lost on the market too.
Redemption for this project will involve digging in deep to anticipate market direction and the wants from that direction. PR can only get one that far...

Hi! The PR stunt we pulled off was a blunt one - but we have explained ourselves and learnt the lesson. Once again, we apologise to everyone who was affected by it in a negative way. As for the currency conversion: you are right, there was no need to convert any cryptocurrencies into FIAT yet, we have risk management in place and we'll make that decision when we know the time is right. Last but not least, our new crypto app is almost ready for the release, it's packed with awesome features and we can't wait to share it with the broad public Smiley

I also agreed with you while you had lesson from this stunt now we have to let this and keep pushing this moving forward until it reach its potential place. More use case will bring more attention and it will give good relief to all investors.
member
Activity: 202
Merit: 11
Hubris.
That's what went wrong with this project. Crypto seems to be shattering all records and all the playbook and you just couldn't misstep. But even by the idiotic standards of those days, that PR stunt was one step too far.
Almost pretty sure they held on to the ETH raised till over half the value was lost on the market too.
Redemption for this project will involve digging in deep to anticipate market direction and the wants from that direction. PR can only get one that far...

Hi! The PR stunt we pulled off was a blunt one - but we have explained ourselves and learnt the lesson. Once again, we apologise to everyone who was affected by it in a negative way. As for the currency conversion: you are right, there was no need to convert any cryptocurrencies into FIAT yet, we have risk management in place and we'll make that decision when we know the time is right. Last but not least, our new crypto app is almost ready for the release, it's packed with awesome features and we can't wait to share it with the broad public Smiley
member
Activity: 476
Merit: 17
Hubris.
That's what went wrong with this project. Crypto seems to be shattering all records and all the playbook and you just couldn't misstep. But even by the idiotic standards of those days, that PR stunt was one step too far.
Almost pretty sure they held on to the ETH raised till over half the value was lost on the market too.
Redemption for this project will involve digging in deep to anticipate market direction and the wants from that direction. PR can only get one that far...
member
Activity: 202
Merit: 11
You’d like to trade our SVD Token on Bancor but you do not know how – here it is – a simple step-by-step guide.
https://medium.com/@ico_8796/a-simple-step-by-step-guide-on-how-to-trade-svd-token-d2d7e2131a3d
member
Activity: 202
Merit: 11

Founders Club Frankfurt Event!

15th January, 2019 – 6 P.M. – Founders Club Frankfurt - YOU NEED TO BE THERE!!!

Tomorrow our CEO – Dr. Yassin Hankir will be the guest of the Founders Club Frankfurt. It’s an organization that aims to bring the world of startups closer to the students that are eager for answers.

This time Yassin will mostly talk about an easy access to smart savings and investments in crypto coins and tokens. Feel free to join the discussion!

Here’s the link to the event on Facebook -> https://www.facebook.com/events/1832108940218514

Find out more about Founders Club Frankfurt here ->

https://foundersclub-ffm.de/
member
Activity: 1708
Merit: 13
KUWA.ai
Find out about two more crypto currencies that we will implement in the future in our crypto app here 😊👉https://www.facebook.com/savedroid/posts/838048913202291

Stellar and Ripple, good job devs, make us continue to believe in the savedroid project while still providing information about the development of this project.
member
Activity: 202
Merit: 11
Find out about two more crypto currencies that we will implement in the future in our crypto app here 😊👉https://www.facebook.com/savedroid/posts/838048913202291
member
Activity: 476
Merit: 19
🚀🚀 ATHERO.IO 🚀🚀
My logic says it's too expensive just an application worth 50 million euros!
How can you compete with others?
Try to pay attention every week there are always several new applications on the tron, ethereum, eos platform which are of course free and can be used immediately. Their tokens are 50% free and can be directly traded on their dex.
How can you compete with them if your innovation is just an application which in my opinion is mediocre?
We need the team to answer this, but if you don't believe in their product, better stay away with it.
At the current value, it also makes a lot of investors loss their money and maybe their dumping already to look for better alternative.
Unfortunately, not all investors look on the use case, they tend to get hype and just read the whitepaper and not comparing with the existing products in the market.

It's true. A lot of people invested their money in projects without studying detailed information about them. As for Savedroid, this project had not very successful start, but as we see team is working. So I think they need time to show us great result.
member
Activity: 202
Merit: 11
Today we want to present you our new social media intern! Karolina Klis, she is from Poland and is already proving to be an asset to our team!
https://youtu.be/PX2k2UbtFxo
newbie
Activity: 85
Merit: 0
My logic says it's too expensive just an application worth 50 million euros!
How can you compete with others?
Try to pay attention every week there are always several new applications on the tron, ethereum, eos platform which are of course free and can be used immediately. Their tokens are 50% free and can be directly traded on their dex.
How can you compete with them if your innovation is just an application which in my opinion is mediocre?
We need the team to answer this, but if you don't believe in their product, better stay away with it.
At the current value, it also makes a lot of investors loss their money and maybe their dumping already to look for better alternative.
Unfortunately, not all investors look on the use case, they tend to get hype and just read the whitepaper and not comparing with the existing products in the market.
I still keep the svd token but I have not expected much of the price to be raised from the token because the function of the token until now cannot be used for anything.
About svd application product, it's normal, not hating it and not trusting it either, I just think that the application lacks innovation, there is no good idea to create something new innovative, the product already exists before ico with only a few changes.
I also lost a lot in investing in this company.
The hype for svd has happened and it's been over a long time
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
My logic says it's too expensive just an application worth 50 million euros!
How can you compete with others?
Try to pay attention every week there are always several new applications on the tron, ethereum, eos platform which are of course free and can be used immediately. Their tokens are 50% free and can be directly traded on their dex.
How can you compete with them if your innovation is just an application which in my opinion is mediocre?
We need the team to answer this, but if you don't believe in their product, better stay away with it.
At the current value, it also makes a lot of investors loss their money and maybe their dumping already to look for better alternative.
Unfortunately, not all investors look on the use case, they tend to get hype and just read the whitepaper and not comparing with the existing products in the market.
newbie
Activity: 85
Merit: 0
My logic says it's too expensive just an application worth 50 million euros!
How can you compete with others?
Try to pay attention every week there are always several new applications on the tron, ethereum, eos platform which are of course free and can be used immediately. Their tokens are 50% free and can be directly traded on their dex.
How can you compete with them if your innovation is just an application which in my opinion is mediocre?
member
Activity: 202
Merit: 11
Hi guys, I just came to this project.

This thread is quite long, so please don't ask me to read all 200 pages.. Can someone write me in two words what happened, that price burned to the ground, or where can I find information about that? (I believe it was not only bear market)
I already found info.

What was the softcap and hardcap, and how many funds was collected?

Thank you!

The ico has been completed, according ICO Bench they raised $4,345,948 in ICO, Soft cap 50.000.000 SVD Hard cap 10.000.000.000 SVD, ico price $0.0116.

That's not correct, maybe it's the number what all tokens are worth now or whatever. But they've raised more than 40 Million Euro and wanted 60 Million Euro.

Main reasons why the price went down hard:

1. In April they've done a stupid PR-Show:  

Savedroid Fakes $50 Million ICO Exit Scam, Community Outraged
https://www.newsbtc.com/2018/04/20/savedroid-fakes-50-million-ico-exit-scam-community-outraged/


2. They constantly said their token would be listed "soon" and already during their ICO they hyped it with saying they would have an agreement with a Top-5-exchange:

savedroid ICO: SVD Token will be traded on top 5 exchange
https://medium.com/@ico_8796/savedroid-ico-svd-token-will-be-traded-on-top-5-exchange-f45a453ca3ef

Later/Reality: Listing was delayed for months, including a voting without any transparency and meaning in between, and the Top-5-exchange never came.


My prediction at that time:

Just watched the AMA. Who didn't watch it, please do… it's worth it:
https://www.youtube.com/watch?v=41OuMFt_fMc

(....)

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?



Indeed, this PR show was very unfortunate. It is possible that listing on exchange has also failed due to this event.
It is a pity that the world understood this behavior so critically. The intentions were good and, luckily, nothing bad happened (besides to the project). It is possible, that over time people will forget about it and the market will appreciate the product.

We appreciate the criticism and the support, we are on the path of redemption to win the trust back of the people. Hopefully with the release of the app, people will see that one bad moment does not change our goal and outcome!
sr. member
Activity: 1463
Merit: 265
Pepemo.vip
Hi guys, I just came to this project.

This thread is quite long, so please don't ask me to read all 200 pages.. Can someone write me in two words what happened, that price burned to the ground, or where can I find information about that? (I believe it was not only bear market)
I already found info.

What was the softcap and hardcap, and how many funds was collected?

Thank you!

The ico has been completed, according ICO Bench they raised $4,345,948 in ICO, Soft cap 50.000.000 SVD Hard cap 10.000.000.000 SVD, ico price $0.0116.

That's not correct, maybe it's the number what all tokens are worth now or whatever. But they've raised more than 40 Million Euro and wanted 60 Million Euro.

Main reasons why the price went down hard:

1. In April they've done a stupid PR-Show:  

Savedroid Fakes $50 Million ICO Exit Scam, Community Outraged
https://www.newsbtc.com/2018/04/20/savedroid-fakes-50-million-ico-exit-scam-community-outraged/


2. They constantly said their token would be listed "soon" and already during their ICO they hyped it with saying they would have an agreement with a Top-5-exchange:

savedroid ICO: SVD Token will be traded on top 5 exchange
https://medium.com/@ico_8796/savedroid-ico-svd-token-will-be-traded-on-top-5-exchange-f45a453ca3ef

Later/Reality: Listing was delayed for months, including a voting without any transparency and meaning in between, and the Top-5-exchange never came.


My prediction at that time:

Just watched the AMA. Who didn't watch it, please do… it's worth it:
https://www.youtube.com/watch?v=41OuMFt_fMc

(....)

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?



Indeed, this PR show was very unfortunate. It is possible that listing on exchange has also failed due to this event.
It is a pity that the world understood this behavior so critically. The intentions were good and, luckily, nothing bad happened (besides to the project). It is possible, that over time people will forget about it and the market will appreciate the product.
member
Activity: 1708
Merit: 13
KUWA.ai

Thank you for the correction, it turns out they made a large amount of money from the sale of tokens, unfortunately they did a stupid thing that made a loss of investor confidence, but now I see they are starting to build investor trust again by staying active and trying to run projects according to the roadmap.
legendary
Activity: 1960
Merit: 1128
Hi guys, I just came to this project.

This thread is quite long, so please don't ask me to read all 200 pages.. Can someone write me in two words what happened, that price burned to the ground, or where can I find information about that? (I believe it was not only bear market)
I already found info.

What was the softcap and hardcap, and how many funds was collected?

Thank you!

The ico has been completed, according ICO Bench they raised $4,345,948 in ICO, Soft cap 50.000.000 SVD Hard cap 10.000.000.000 SVD, ico price $0.0116.

That's not correct, maybe it's the number what all tokens are worth now or whatever. But they've raised more than 40 Million Euro and wanted 60 Million Euro.

Main reasons why the price went down hard:

1. In April they've done a stupid PR-Show:  

Savedroid Fakes $50 Million ICO Exit Scam, Community Outraged
https://www.newsbtc.com/2018/04/20/savedroid-fakes-50-million-ico-exit-scam-community-outraged/


2. They constantly said their token would be listed "soon" and already during their ICO they hyped it with saying they would have an agreement with a Top-5-exchange:

savedroid ICO: SVD Token will be traded on top 5 exchange
https://medium.com/@ico_8796/savedroid-ico-svd-token-will-be-traded-on-top-5-exchange-f45a453ca3ef

Later/Reality: Listing was delayed for months, including a voting without any transparency and meaning in between, and the Top-5-exchange never came.


My prediction at that time:

Just watched the AMA. Who didn't watch it, please do… it's worth it:
https://www.youtube.com/watch?v=41OuMFt_fMc

(....)

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?

member
Activity: 1708
Merit: 13
KUWA.ai
Hi guys, I just came to this project.

This thread is quite long, so please don't ask me to read all 200 pages.. Can someone write me in two words what happened, that price burned to the ground, or where can I find information about that? (I believe it was not only bear market)
I already found info.

What was the softcap and hardcap, and how many funds was collected?

Thank you!

The ico has been completed, according ICO Bench they raised $4,345,948 in ICO, Soft cap 50.000.000 SVD Hard cap 10.000.000.000 SVD, ico price $0.0116.
sr. member
Activity: 1463
Merit: 265
Pepemo.vip
Hi guys, I just came to this project.

This thread is quite long, so please don't ask me to read all 200 pages.. Can someone write me in two words what happened, that price burned to the ground, or where can I find information about that? (I believe it was not only bear market)
I already found info.

What was the softcap and hardcap, and how many funds was collected?

Thank you!
newbie
Activity: 26
Merit: 0
In all the New Year's celebrations let's not forget about our crypto cousin's birthday - Bitcoin Blockchain turns 10 today! 💪🔟 For the past decade this fast-growing technology secured crypto transactions and led the way for the development of different blockchains. We wish them all the best and look forward to another 10 years of technological advancement. Happy birthday to Bitcoin Blockchain from the savedroid Team. 🎊
hero member
Activity: 665
Merit: 500
very nice token and finally i got my 100 svd token
great team

This Christmas will be special for you as you get the best present on it and these 100 tokens will make you rich. If you will keep them hold for long time throughout the whole year of 2019.
I don't think he can be rich just by hold 100 SVD token throughout 2019 or many years later. SVD price atm only 11 sats, which it mean he just getting 1100 sat for 100 svd tokens. Its even much lower than bitcoin withdrawal fees. What was the ICO price for SVD token?
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