To those who have missed the frankfurt meetup organised by Blockchain Helix AG, here is the link to see the video which was published 23h ago: https://www.pscp.tv/w/1lDxLavrzAvKmThanks for sharing the Link. I will watch the Video when I'm back home, 2:30 Hours is too long for work  It Looks very interessting at the first sight. Around 34 there is a talk about a new user and getting crypto on savedroid wallet. If one uses their credit card to purchase crypto on the platform and say decided to withdrawa as fiat; does it happen to a bank account or credit card how does this work? |
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Cryptossi has already asked in their Telegram channel, and the 30% is taken off every investment, also if it loses. So this leads to the obvious question: 30% of what? 30% is alot, but I guess people can live with it if it's taken off their profits. But if it's taken off losing investments aswell, then there are no profits to take 30% off of them. That leads me to believe that 30% fee will be taken off the amount invested. Now if this is the case I think this is way too much and I doubt many people will agree to invest with such fees. Hopefully the team can clarify this for us as soon as possible.
maybe he got some wrong information. what if they lose all my money, do i have to pay then 30%. For example i lose 100$, i have also to pay 30$? or did i understand something wrong? Hello, the 30% profit share is deducted only from profit that we make, it has absolutely no connection to your initial investment, and lets say that we do not make any profit on ceratain month, you won't have to pay anything. So as said 30% will only be split from profit making Luxcess group I apologise, I must have misunderstood Luka's response, I do not want to be portrayed as spreading lies about this project. I asked one of your team members this question on telegram last night and they told me 30% will be taken on all transactions, it turns out this is incorrect and I'm happy about this because that fee seemed incredibly high! I really think Luxcess should re-evaluate its marketing & communications team, you are not giving out clear information to investors and this causes confusion and FUD, maybe look at taking on some English speakers to help with queries. Maybe you misunderstood each other.. But great that you asked that here so we clarified the issue  So yes, once again, 30% Will only be shared from profit that we make, you initial investment stays intact and if there is no plus, you don't pay anything. Luxcess group Yes me too, I did think 30% was a very high fee, however I am a little bit concerned as to why you are only charging fees on profits. Not every investment you recommend is going to make a profit and this will put a massive strain on your business, if you suffer a big loss one month and everyone wants to withdraw their funds then you will be in a vulnerable position. If you don't have the income from commissions coming in every month for successful investments then your business will go out of business. True I am curious in knowing how you are protecting yourselves against such scenario. It is clear now to me how the 30% is shared. It makes more sense now at first I was concerned about the losses. |
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We all know Michael is always up to stuffs... And announcing some of them ain't good for the deal... I was sincerely finding it hard to get information clearly due to the audio output.. Was it voise partnership Michael was talking about in 14:57? I didn't get that part clearly hard as I tried I think is a form of hype for the community to be on a positive mode, i don't see it as bad to announce such deals, people love to hear such and if you noticed, he didn't mention all of them as he stated, some are still in the pipes and will be dropped in due time They also bound to legals they can't announce unless the deal or partnership is finalized. Aside from Voise I think Titanium is more a platform rather than a service; I can see it partnering with many ICOs/businesses out there to use the platform especially you are providing a cloud service. It could use alot of insights from these partners in shaping its product. |
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Guys, look below link and rating. Its seems to be good going... Savedroid Team is working hardly.... https://cryptogo.de/en/savedroid-cryptocurrencies-for-everyone/5.9 SCORE Product6.5 Market5.6 Use of Blockchain3.6 Whitepaper6.4 Roadmap7.6 Business Modell5.9 Team6.8 Token Sale4.6 Status Quo 200k Downloads 10 Million € in Transactions 25k+ Telegram 3000+ Twitter 8100+ Facebook 3 Million € Funding This is quite low for a project like savedroid and this might push off potential investors from participating in the main sale I think you are right but if the investor does a bit research, the person will notice that the review itself contains some errors and should not believe it as absolute truth I always say DYOR, do your OWN research, information shown on external websites can always have other motives Yes, i don't base my decision on one review or rating, everyone has their own personal interest , some maybe obscured, how do we even ascertain the credibility of such site, i'm not been biased, just speaking from experience The rating doesn't reflect well on Savedroid, like you guys mentioned just a single review doesn't define a project, i will love to commend supports, investors and well wishes of Savedroid in here for your positivity i wont't dispute the fact that you guys are right tho.. but we should heed to the fact that there are a lot of lazy people out there who dont like looking for informations on their own but want to be spoonfed by others and those kind solely rely on site like this to determine what to do and not to? Agreed on that one; in many posts you it is people using those sites are proof and references in various inquiries. However I still think that those sites (well not all) do it purely for the sake of listing an ICO they do not bother diggin in and really understanding the ICO they are listing; like a genuine review. I think savedroid whitepaper is simple enough. |
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I was going through the whitepaper and read this:
"If you invest your tokens at the index value 1.00 and it increases to 2.00, you made a 100% yield. In case of withdrawal, the platform automatically deducts PROFIT SHARE (30% of the yield) whereas the rest of the money is transferred to Royal Luxcess Hold"
If I understand correctly any withdrawal is subject to 30% deduction of the profit; if there weren't any profits no deduction would take place?
Yeah but they’re investing on your behalf, they have to make money, all banks/asset managers do it therefore it makes sense that the Luxcess collective investment fund would also do this. I presume their cut of the profit they gain from is tiered based on % return of investment, would be great if a dev or team member could confirm this? What happens to profits below 100% what cut will Luxcess take? Probably there won't be any cut as there is no profit to take a cut from? It's an interesting question and I am curious how Luxcess will handle this, would be nice if there is a response to this question Yeah it would be good to get a response from the Luxcess team, I might post the question in their Telegram and find out the answer from one of their moderators. I think they're a bit more active on telegram compared to BCTTalk! Oh that's a good idea, I think on telegram they are more responsive since it is an active chat system Would be nice if you could address that question in telegram, perhaps post here the answer so that other people can find out how it works as well Thanks Okay I have asked Luka Lah on Luxess Official Telegram and he has confirmed that there is a 30% fee, on all investments, win or lose. It makes sense, they're not going to chalk off their fees if you lose money and they still need to cover administration costs, payment fees for moving money and paying traders to manage their positions. The only thing is 30% is a hell of a lot, even the most prestigious hedge funds in the world do not charge those kinds of fees!!!! . I am okay with 30% fee on profit. But when there is loss then 30% fee seems to be very high. There should be some relief in fee in case of loss. But this may be to stop people from withdrawing fund unnecessarily. There are many people who don't give enough chance/time to portfolio/fund manager. Some people withdraw funds as soon as they see loss in the beginning. I think if this would be emended would attract alot more people; I think in cases of loss things should be lower than those in a win; One proposition would be as the user makes profits the percentage decreases per his volume as an incentive to users. |
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We all know Michael is always up to stuffs... And announcing some of them ain't good for the deal... I was sincerely finding it hard to get information clearly due to the audio output.. Was it voise partnership Michael was talking about in 14:57? I didn't get that part clearly hard as I tried If I understood it correctly is a partnership deal they have made the Voise the crypto music streaming company; It is great partnering with all the crypto folks to get them on board an unify the platform for many. It seems there are more announcements like that to come. |
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my first thought: good, an interview with michael stollaire. then I listened to a few minutes of the interview and read through the comments. Most give back what I thought: what a bad sound. I really did not understand a lot and then it was too exhausting for me to listen to everything. It may be that I missed a lot of information, but the sound makes it impossible for me to listen any longer. I read in the comments that the two guys are friends and supporters of him. that explains why he gives an interview to a youtube channel with 4500 subscribers (a very long interview) Of course it's good to promote his project in many ways, but that seems to have been more of help to them both than titanium helped himself. I think that an interview with this sound quality should not be published on the official pages of Titanium, the project is too professionally raised and the interview unfortunately not. Do not get me wrong, I think it's good that Larry and Joe are so enthusiastic, but maybe they should invest a few dollars in the equipment You seriously listened to this? The sound is so bad, even though I tried listening. I just could not focus. Too bad so much energy wasted on something that could have been really good I think that the sound could have been better. It was a little bit hard to follow. Maybe they need to try add subtitles on the next video this will make it a lot easier to understand it. I will watch it again later on the day again with headphones. i also thought, that subtitles would be a good idea. but the interview is very long, i don't think they can manage this. Since I do not want to miss any new information, I will try again tonight to watch the video. some of you have already posted information from the video, these will also help to understand everything better Everyone has to start somewhere I suppose, I think alot of good points are made here and they can use that to improve their services When their youtube channel grows big, the community helps out as well with making subtitles in different languages, but you are right that the sound quality is more important than adding subs I think the emphasis on decentralization was a good one; even though I addressed earlier if that would matter for a cloud service. If you think of it it actually does. Now cloud providers claim all is encrypted and honestly I do; however for whatever reason they decided to shut me off they can; they have the control; I do think there has to be some control on cloud providers other wise all would free to use for various purpose even unhumain ones. That is what I am concerned about; how would you filter legal and illegal usage on a decentralized platform? |
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What price will be on ICO? Price fixed in usd or in ETH? And what price was on pre-sale?
You have working payments system already? ( I see, that you have app on 1st page)
That ist an interessanting question, especially when the market goes down like the last weeks. I hope the fixed rate is svd in Euro. You have to pay much more when your Payment is in ETH. I believe the savedroid team will have several ways of paying, I think they will accept Euro and the normal BTC / ETH as most popular payment methods, interesting times ahead with the market showing signs of weakness, I hope we can recover from here As they also accept fiat and they say the price per token is 0.01 €, I assume they will adjust the rate of tokens per ETH (and BTC) constantly. Maybe based on an average price of ETH over the last 24 hours, like some other projects did. Savedroid convert ETH/BTC through their payment system to keep in line with the current ETH/EUR & BTC/EUR prices. There is a bit of a spread but you do not lose a lot in the great scheme of things. I for one would not mind a little difference given the process would be seamless and quick; the current process in traditional exchanges is just tedious and takes so long you just hate it. I mean I would always have to move to an exchange that supports fiat meh. looking out for this. |
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I was going through the whitepaper and read this:
"If you invest your tokens at the index value 1.00 and it increases to 2.00, you made a 100% yield. In case of withdrawal, the platform automatically deducts PROFIT SHARE (30% of the yield) whereas the rest of the money is transferred to Royal Luxcess Hold"
If I understand correctly any withdrawal is subject to 30% deduction of the profit; if there weren't any profits no deduction would take place?
Yeah but they’re investing on your behalf, they have to make money, all banks/asset managers do it therefore it makes sense that the Luxcess collective investment fund would also do this. I presume their cut of the profit they gain from is tiered based on % return of investment, would be great if a dev or team member could confirm this? What happens to profits below 100% what cut will Luxcess take? You are right there; they will be doing the investment on the user's behalf to it makes sense to share the profits. I am also curious as to what might happen when it is a loss rather than the gain. I will be looking out for this. |
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I was going through the whitepaper and read this:
"If you invest your tokens at the index value 1.00 and it increases to 2.00, you made a 100% yield. In case of withdrawal, the platform automatically deducts PROFIT SHARE (30% of the yield) whereas the rest of the money is transferred to Royal Luxcess Hold"
If I understand correctly any withdrawal is subject to 30% deduction of the profit; if there weren't any profits no deduction would take place?
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It is really awesome that partnerships are in place; I've read in the whitepaper that Drillisch is a partner? Does it mean they provide exclusive discounted cell phones just to savedroid? that would be great I can imagine different companies partnering up which mean their customer based might be exposed to savedroid; any other partnerships on the way?
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I told you so - many times in here. It was a bubble, and you should get the hell out of BTC.
The responses in here were mainly hysteric screaming of "FUD".
It is now clear from more and more posts in here that people who came late to the bubble-party are in losses on their Bitcoins. Well, told you so.
This is not the time to HODL. The party is over. Your choice is whether to sell now and take a loss, or wait until you have lost everything.
I think there is still a chance for recovery; I know there is a lot of panic going around. I still think there is a chance am basing this to the fact that such drop happened before and govs banning happened before as well. Let us see what happens here on. |
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the whitepaper says that you can withdraw your investment at any time with from the royal platform. Of course this is a big advantage over the usual funds, where you often have to wait a long time to get your money back
Thats the whole beauty of Luxcess project and is a unique selling point. Thats why this project will have a possibility of becoming huge successful. This is really amazing and flexible option have kept for investors Luxcess group and team. I guess every one have to read once white paper before investing or before talking anything negative about luxcess. I actually just had an issue with one of the major exchanges where I wanted to withdraw fiat and my funds are stuck in a smart contract; This begets the question is whether withdrawal would be through a smart contract? |
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Will you upload the meetup so people who weren't able to watch it live will be able to watch it later? I would really appreciate if you could do that as I'm really interested in this event but unfortunately can't watch it live. Isn't it already possible to watch the whole event now? When I open the link and press play, the whole 2.5 hours video starts even though the live event seems to be over. Indeed you can, thanks to Periscope. Thank you, this is great. I hope I have time to watch it tomorrow. If anyone has already seen it, which topics were discussed in the meetup? Did they elaborate further on the AI and the technology itself or was it more focused on the marketing part? We had three parts: - Vision (Overall, not focused on tech) - Smart Contracts - Community Management Are you planning to release more information about the platform itself from a technical point of view? Many other projects, at least the successful ones have done this, especially if interesting stuff like AI are involved. Hopefully you'll be able to do so in the near future. It would be great to see; They just have to be cautious at what to reveal at this stage. I would love to see some sneak peak at how the AI will perform though. |
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my first thought: good, an interview with michael stollaire. then I listened to a few minutes of the interview and read through the comments. Most give back what I thought: what a bad sound. I really did not understand a lot and then it was too exhausting for me to listen to everything. It may be that I missed a lot of information, but the sound makes it impossible for me to listen any longer. I read in the comments that the two guys are friends and supporters of him. that explains why he gives an interview to a youtube channel with 4500 subscribers (a very long interview) Of course it's good to promote his project in many ways, but that seems to have been more of help to them both than titanium helped himself. I think that an interview with this sound quality should not be published on the official pages of Titanium, the project is too professionally raised and the interview unfortunately not. Do not get me wrong, I think it's good that Larry and Joe are so enthusiastic, but maybe they should invest a few dollars in the equipment Aside from the sound clarity issue which I think was mostly because they have used the mobile phone's speaker; It would have been better if it was through skype but nevertheless I felt he stressed much on centralization issue; I understand it can cause what we may call a monopoly but I think it also has its perks like holding someone accountable if anything goes wrong. i understand decentralization is one of the core features to titanium and I think it is great; am just wondering if decentralization is that bad for cloud providers? |
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There is an error in https://icobench.com/ico/savedroidIn the financial tab a percentage of 55 is mentioned (amount of tokens that will be sold in ICO). But according to the whitepaper, this is 60% (pre-sale + main sale) The 55% is the percentage when only considering the main sale But an ICO encompasses the pre-sale and the mainsale Easy mistake to make i suppose, and not really under the control of the team from savedroid, i'd imagine that ico site isn't the only one to make similar mistakes. Or perhaps its just a poorly explained, in reality they should have also added a line for the Pre-ICO, technically their not wrong Pre-ICO isn't the actual ICO, so theirs still 55% of the coins waiting for distribution which i think is what their trying to get cross :S Hopefully people will take the time to read the whitepaper not just reading icobenchmark sites as most of them you really have to take with a grain of salt, especially the ones that show bias (not necessarily icobench, just stating a fact) Similar mistakes happen all the time with ico listing websites; it is like they list to fast to quick. the team usually in most cases can't check every single one. To my knowledge these ICO listing do not inform dev to check the information they just list and push. |
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the whitepaper says that you can withdraw your investment at any time with from the royal platform. Of course this is a big advantage over the usual funds, where you often have to wait a long time to get your money back
This is indeed a very big advantage. Sometimes people need to withdraw their money immediately due to unexpected circumstances, so it's a good thing they will be able to do so. This encourages people to invest even greater amounts as they can withdraw them at any time. If this is implemented I think would attract alot of investors; it is a huge pain having to wait for your funds until they are released the worst part is when the withdrawal is rejected for some reason; imagine waiting long just to be rejected withdrawal. |
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So happy I sold this shitoiin last week . This guy is talking about how its already better then AWS in that goofy commercial last week.  There is something you are missing in that claim; you should understand how a project is better in what aspect; we know AWS is the number one cloud service with all the great stuff it has true; but you should also consider the aspects titanium has in terms of the blockchain underneath and the solutions it has to problems specific to it in that sense you will be able to differentiate aws from titanium. My point is calling it a shitcoin does not make sense; it is more than a coin and it is very early on to judge. give it some time and we will see. |
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Guys, I have carefully reviewed the information you offer and I liked your team, but I don't see the difference from the example of the same Beluga or Excudo there are many projects which make the same bridge between ordinary user and ""bitcoin's", so I'm wondering - why would I want to support your project if I already support other projects. what's your highlight?
There are plenty of differences, personally I think the important one is that we already have a working product in place. So we don't simply claim to make that bridge, we've already done it with that team before. Okay, I understand that you have a finished product, although personally I wouldn't call it difference, since not only you have already developed environment. And could you explain why the price of your tokens will grow? It is not easy developing a product and having customers onboard; It is a major difference; at least then you know your products is working and keep in mind customer development in any project is a tedious and long process so if you have that established already you are way ahead of competition by miles. Also the token's value would increase in two scenarios; burning; and it is what you would use in the platform. |
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What is the hardcap and softcap target for Luxcess? What will happen to the unsold tokens? Is it going to be burnt out frozen or some other options?
Information found in the whitepaper: Softcap 0.5 Mio, Mediumcap 2,5 Mio, Hardcap 5,25 Mio. 60 mio tokens, price 0,15$ Unsold Tokens will be burnt I do love a good unsold coin burn Instant potential value increase! Look forward to around June when the Royal platform gets introduced if everyone goes to plan! I think that's the breaking point and will certainly help with the value and volume. Especially on already somewhat low cap coins it basically means they your Garanteed a solid return on your investment especially if the ico in question has no bonus or a limited scope of bonus to keep the individual coin value high post sale. Luxcess seems to be lining their token up to be a small but high dollar token in the future which I can get behind for sure Yes, once they hit good exchanges after the ICO is complete, the value will definitely increase as the volume spreads across the exchanges, coupled with the periodic burning of the tokens, the luxcess team just need to clean up all loopholes, i see this going far I think burning tokens can be good for investors; i am curious what implications would that have on the project itself; I understand the token price might be driven upwards; but also the token is a mean of operation in the platform; don't get me wrong i like that my investment would increase but also the long term value should be considered; I am just curious on that end. |
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