Bitcoin Forum

Apparently, Savedroid has packed up shop. Admins are gone from telegram channel, the office is empty, and the website has the (in)famous "AAAND IT'S GONE" Southpark Meme. Cointelegraph has this to say: https://cointelegraph.com/news/in-apparent-exit-scam-ceo-of-german-startup-is-over-and-out-after-50-mln-ico

are you sure? where is dr yassin? i join this svd bounty and i do invest, i hope not scam?

It was a project that could save a lot of money and be successful, I hope nobody loses money. A new website was created and a video was broadcast. You can look at the link below:

http://anditsg.one/

Until now this news still made lot of people shocked. A project which successfully raised $50 million gone ( that's what we found from their site). But recently, there is a video showing they didn't gone.

And it's BACK!!!
It was a PR stunt folks
You can all start breathing again: https://youtu.be/o5_bwFf_byo
Not my best idea of stunt considering the ICO landscape with so many scams and ponzis crashing about. But they probably have their reasons

Funny thing about this is that by pretending to be a scam this legit ICO actually became kind of a scam. When this one hits the markets you will see a free fall of a token like never before. Trust is lost, no one wants to be involved anymore.

Thank you for sacrificing yourself for the greater good of ICOs, Savedroid.

i really think that mentality of countries is quite important for crypto stuff
if you do bullshit maybe in russia or india,... i think the law is maybe less hard then in germany (for stealing money!)
savedroid sounds tooo serious from beginning to be now a exit scam

That's what i don't like about the internet. People only like doing fake news/hype just to make some advertisements and hype their coins/tokens. But i am not really interested about this project.
We don't know which information is real or fake.

When such a bad project has collected 50 million dollars. I do not understand how they managed to fool that many people. Very good projects are coming out to prevent fraudsters.

It all seems to me like its a exit scam gone wrong. Why the hell would anybody want to prank their investors?  ;D makes no sense to me, probably forgot his car keys home or something, so now hes acting like it was just a publicity stunt....he will disappear completely in few months, mark my words

I guess savedroid cofounder developer has already learned from the centra cofounder which already arrested by SEC.  :D So many people in telegram are ready to make lawsuit to the savedroid team.
I guess if they are scamming the investors and they will be arrested to the jail as fast as possible and this is how they are thinking for a twice.

They are really doubtful making noise to attract more investors in the first place. They had collected $50m then suddenly disappeared and just now they are back. Yes it may seems to me that this project will not going good well.

Now the reason for the delay in distribution to bounty participants becomes clear. A little pity for the time spent, since I believed in this project. Now I do not understand how to apply such jokers.

100% have you seen the CEO's twitter? Seems like they are living large somewhere else not in Germany. What was hilarious was the shot they took at everybody on their main page.

edit: Correction there page is up and running but what they did yesterday did not instill any confidence in the project.

I started to feel sorry for everyone.
Luckily, it was not the case, its just a PR stunt.

Yesterday I was amazed by this scam and message in twitter with bottle of beer. I was thankful to god not to invest in this ICO. Today I watched a movie explaining that it was PR. What a joke!

The project looked good. Now many investors will want to dump of SVD tokens. Is it possible that this version: devs did, intentionally, to reduce the price of the token when listing on the exchanges in order to buy back the SVDs for low price?

Lol I was just reading about this.Apparently it was horrible PR stunt by the team .I wonder how the investors felt during the time and how.it affected the market.Probably gonna hurt them in long run

Whoever is in charge of their marketing should get fired. Just because they raised $50m they think they can now prank like Elon Musk? Elon has spent years perfecting that act and most importantly, building a remarkable company. These guys probably snort one line of coke too many and decided to become "geniuses" too. There's going to be a monumental dump when the market opens

will dump for revenge not actually be bad for the investors more than them?

I also hope so, that this is not a scam because recently they have paid their bounty reward who are participated. And some other partial rewards are in minting mode that's why it is going late to distribute. So, kep patience a little bit more time and let see what happen in the next month.

t seems to me - this is normal. The joke was a success!
Everyone needs to be more attentive.
The choice and analysis of the project is a complex process.
It is necessary to study the opinions of experts.

a scam project is not the only one that does not pay its bounty. there is also a scam project but pay bounty, after they pay it continuously they leave the project they manage from ICO. when the ICO ends they disappear. it's also said to be a scam project

every 3 months we keep seeing a scam ico popup in market with scamming millions of dollars in market very sad and unfortunate it affects whole market

Se we need not bother about the payment here: because there are many investors who lost their money, Savedroid team act as professional and left the investors in shady down. These people should be punished very hard because these people are cheating the crypto world.

yes it is true, our focus is now on investors who have bought savedroid tokens. is there any recent news regarding the development of this savedroid case? is the germany government acting this matter, because what I know savedroid comes from germany, right?

The joke was cruel but a smart way of marketing the coin which to be honest i have never heard of until now. It does go to show just how easy it is to scam people these days, we all have to be vigilant and careful to avoid future scams

Well... it's a good marketing ploy, it's very original but.. That is inaccurate, unprofessional, and disrespectful.

It turned out that they were after all, legit?

At least do it on April fools or something. If you're running an ICO, last thing you want to do is to ridicule your investors and throw them into panic mode like that. It is absolutely unwarranted for, and proves nothing. Everyone already knows the risks of investing in ICOs anyways.

It was extremely unprofessional of Savedroid, even though they did come back. Gave most investors a scare. They should allow refunds if investors demand them, because this is honestly disgusting. It might be publicity for them, but I don't think anyone's applauding them.

It is not scam. CEO appears after 24 hours its just stunt advertising but in my opinion CEO appears too late. 24 hours dissappears in this crypto world can make anything happen. Some one said in telegram there is investor who suicide. I know it must be a joke. But the joke which made by CEO is too much. I dont like it.

the founder went back online after the said exit scam, but its not a very good idea posting on your social media about your company and call it "PR-STUNT"

Interesting marketing play... They made an interesting advertising campaign, everyone started talking about this project. We will see how long it will affect the price of coin

Weak hands and angry hodlers who spent 24 hours imagining the worst possible scenarios and how their investments had "vanished", who dump this token at the slightest opportunity. FUDders will also use the opportunity to try and get the market to sell lower. Bold marketing campaign on Savedroid part, poor market psychology knowledge, though. Unless...