I saw that you already have a mobile app with more than 200k downloads. That's an impressive number. Can you tell us more about what are the number of Daily Active Users/Monthly Active Users of your app?
To be honest we don't track DAU and MAU as one of our most important features is that everything is happening in the background. That means people don't need to open the app anymore after it's configured, which also leads to the point that DAU-rate is quite low, while a lot more are actively saving money. You can even find ratings in the play store that this is what people really find fascinating, that they don't need to care and are simply surprised how much money they saved while not actively opening the app. |
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Am I right, 50% of token sale revenue is reserved for marketing? I am no marketing specialist, is this magnitude normal? Not that I have anything against advertising, but 50% seem to be very much
Yes that's right and that reflects also our historic marketing spend. So besides experts recommending that proportion we also have our own proof for that. Especially if you want to attract mass market and have probably even TV spots marketing gets a bist costly. |
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Savedroid is an established company which has been running since 2015 if i am not wrong with a working product and over 200k users...
Then what made savedroid look into the cryptocurrency direction?
To be honest we're looking for the crypto-market since the beginning. But even the still barrier of lack of knowledge was too high for our existing user base. Some months ago most of them would not even know what a bitcoin is. But the latest media-hype helped here to do some first education, where we can build up now. |
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I might have missed the details to this on the whitepaper; Under section 4.1 it is mentioned that users will have their micro-savings automatically converted in cryptocurrencies except some countries we may have to exclude due to regulative constraints.
I have two questions on this:
1- does automatic mean that it is a default so fiat will always be converted to crypto?
2- any idea which countries would be excluded?
1- you'll be able to choose what proportion shall be converted to crypto 2- this has to be investigated a bit more from our law firm |
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After reading some posts here and the onepager, i signed up now and reserved tokens for the sale.
I have seen that i can buy SVD with Fiat. Unfortunately, this option is not often available at ICO. But here you can pay with Fiat and I like that. It probably makes it easier for some to invest
That's a shame the Fiat option isn't available for the ICO token sale, this means less people will be able to invest. However this project will still do amazingly well, a lot of experienced crypto investors are very interested in this project and I can see the hard cap being reached easily. That seems to be a misunderstand. Fiat IS available for the ICO. |
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After reading some posts here and the onepager, i signed up now and reserved tokens for the sale.
I have seen that i can buy SVD with Fiat. Unfortunately, this option is not often available at ICO. But here you can pay with Fiat and I like that. It probably makes it easier for some to invest
For us "cryptocurrencies for everyone" begins already with the ICO  |
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Just noticed that there will be a special meetup in Frankfurt next Monday with you guys. Unfortunately, seems to be already full  The location has a capacity for around 140 people. It'll be first comes, first served, so just be early. https://www.meetup.com/Blockchain-MeetUp-Frankfurt/events/247087980/Besides that we'll also offer a livestream of the event. Great news that the Frankfurt meetup has a lot of buzz from potential attendees, hopefully it will be a success and Savedroid will do a great presentation. Would love to see the team come to London, are there any plans for further meetups? We actually planned to visit the Blockchain week, but had to change that due to the high demand at the Pre-Sale, which created some additional work over here. Nothing confirmed so far, but I'm pretty sure that one of us will also be in London this year to talk about our project. Ah man there were some great projects at Blockchain week this year, still it's great that you guys were busy for a good reason ensuring the project will be a success. Where will will the meetup announcements be posted? We'll post these definitely in our Telegram group https://t.me/savedroid. |
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Just noticed that there will be a special meetup in Frankfurt next Monday with you guys. Unfortunately, seems to be already full The location has a capacity for around 140 people. It'll be first comes, first served, so just be early. https://www.meetup.com/Blockchain-MeetUp-Frankfurt/events/247087980/Besides that we'll also offer a livestream of the event. Great news that the Frankfurt meetup has a lot of buzz from potential attendees, hopefully it will be a success and Savedroid will do a great presentation. Would love to see the team come to London, are there any plans for further meetups? We actually planned to visit the Blockchain week, but had to change that due to the high demand at the Pre-Sale, which created some additional work over here. Nothing confirmed so far, but I'm pretty sure that one of us will also be in London this year to talk about our project. |
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How did you guys make a partnership with Amazon.de  ? It is just amazing that Amazon is working with you guys. Is there any official statement from Amazon mentioning this partnership ? I know that it is true, but I am too curious. Where did you read about the partnership with Amazon? I googled it and read an article mentioning it, bu not really confirming it: https://www.fintech-hub.eu/fintechs/savedroid?language=enI think it will be nice if any member of the team response to the request of the first message in this quote (Seeing is believing they say) Since there is no open statement confirming it yet. What I can officially confirm so far is, that we can offer Amazon gift cards with a 3% discount in our app. |
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How did you guys make a partnership with Amazon.de ? It is just amazing that Amazon is working with you guys. Is there any official statement from Amazon mentioning this partnership ? I know that it is true, but I am too curious. We can offer our users a 3% discount when purchasing Amazon gift cards through our app. |
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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! So you are saying that the AI will be used as a part of the investment algorithms? Is this something that already happening in your fiat investment app? I was under the impression that the AI is used for the savings, didn't figure it was also for investments. If this is true it's a whole different story. There is already alot of competition in this area, guess we will have to see how the algorithms will perform. The AI is not used for investment so far as we don't offer investments yet. Looking forward to that competition, if there wouldn't be any it might be a bad sign in my opinion. So basically , the AI understands individual spending habits and streamlines the saving process to such but humans are prone to change, can the AI pick up this and also try to adapt to such change to fit the individual? Exactly that's what it's doing including all seasonal changes and the bevahior change of humans. |
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Wen habt ihr denn im Team zu DAU/MAU gefragt? Bei mir kam hier nichts an, obwohl ich täglich in bitcointalk.org bin. Du darfst auch gerne im offiziellen Announcement vorbeischauen: https://bitcointalk.org/index.php?topic=2578161.0Der Pre-Sale war übrigens nur am 12. Januar, da er nach 7h ausverkauft war. Nicht bis zum 26.1. wie im Artikel behauptet. Zu den angeblich "missführenden" Äußerungen kann ich folgenden Artikel empfehlen, der zahlreich über alle Kanäle verteilt wurde: https://medium.com/@ico_8796/update-new-token-price-909f0a3982a5Der Kosten-Vergleich hinkt auch, da wir uns zum einen noch auf keine Gebühren festgelegt haben und uns am Markt orientieren werden und zudem bei den aufgelisteten der Spread komplett ignoriert wird. Schade auch dass der UX-Askept in dem sich unser bestehendes Produkt insbesondere ggü. der Konkurrenz hervorhebt nicht mal erwähnt wird. |
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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! So you are saying that the AI will be used as a part of the investment algorithms? Is this something that already happening in your fiat investment app? I was under the impression that the AI is used for the savings, didn't figure it was also for investments. If this is true it's a whole different story. There is already alot of competition in this area, guess we will have to see how the algorithms will perform. The AI is not used for investment so far as we don't offer investments yet. Looking forward to that competition, if there wouldn't be any it might be a bad sign in my opinion. |
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Just noticed that there will be a special meetup in Frankfurt next Monday with you guys. Unfortunately, seems to be already full The location has a capacity for around 140 people. It'll be first comes, first served, so just be early. https://www.meetup.com/Blockchain-MeetUp-Frankfurt/events/247087980/Besides that we'll also offer a livestream of the event. |
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savedroid ICO — Product development recap after Pre-SaleAs 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 Very interesting piece, I must say I'm one of those who was afraid of not being able to get tokens in the main sale thanks for implementing the reserve token button Ya this is something i wish more ICO's would implement in some form. The fact is especially for the more popular ICO's like apparently savedroid is the mad rush on day 0 to grab everything from the ICO before their either A. gone or B. price goes up, tends to just destroy websites and crash them, which in turn just leads to pissed off investors in the long run. Good to see a solution being put in place to take some of that burden off and spread it out. "Reserve Tokens Now" is really nice initiative. But I have question. What will be the difference between reserving token now instead of buying on 9th? I mean based on the demand if all people reserved the token advance then even before ICO all token will be sold out and still many will be missing. So is there any cap for "Reserved Tokens"? The main difference is that you don't need to hurry on the 9th of February. We'll send you an e-mail with all payment information right to the launch time. You won't even need to visit the website, which might also have some high load. And yes there's a cap for reserved tokens That nice! More convenient for the investors, also seem like the Tokens is very height demand, no surprise if it sold out again very quick. That's really good and i imagine if people don't actually pay for their reserved tokens before a deadline that the team will release them back to the masses to be purchased at open purchase. That way its fare and people don't get too much of an advantage. Really happy theirs a cap on reserved tokens though so people can't just reserve 50% of the entire remaining (whales) and screw everyone out. How long will the reservation hold for? There'll be a short timeframe (tbd) when the Main Sale starts to do your payment. |
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sacedrıid ıco hummm sale 9 feb i am waiting
You already can reserved the ICO Token start from today.... But not so sure if they will be a cap for reserved tokens? Would be nice to know too! From Telagram: We will offer you exclusively the opportunity to RESERVE SAVEDROID TOKEN even before the Main Sale officially starts. Reserve now: https://ico.savedroid.com/sale/How will this reserving work? Is it binding so that I have to buy the tokens I reserve and how long will the tokens be reserved? I hope that there is a limit. Otherwise, I can imagine a lot of people reserve tokens now, even though they are not 100% sure if they really want to invest. Just in case. This could mean that there are no "free" tokens for people who want to invest spontaneously because all are reserved. Yes there's a limit in amount of tokens as well as a time limit. We'll make sure that there are enough tokens left on the 9th of February. |
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savedroid ICO — Product development recap after Pre-SaleAs 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 Very interesting piece, I must say I'm one of those who was afraid of not being able to get tokens in the main sale thanks for implementing the reserve token button Ya this is something i wish more ICO's would implement in some form. The fact is especially for the more popular ICO's like apparently savedroid is the mad rush on day 0 to grab everything from the ICO before their either A. gone or B. price goes up, tends to just destroy websites and crash them, which in turn just leads to pissed off investors in the long run. Good to see a solution being put in place to take some of that burden off and spread it out. "Reserve Tokens Now" is really nice initiative. But I have question. What will be the difference between reserving token now instead of buying on 9th? I mean based on the demand if all people reserved the token advance then even before ICO all token will be sold out and still many will be missing. So is there any cap for "Reserved Tokens"? The main difference is that you don't need to hurry on the 9th of February. We'll send you an e-mail with all payment information right to the launch time. You won't even need to visit the website, which might also have some high load. And yes there's a cap for reserved tokens |
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I want to be sure about the SVD token; in the whitepaper it says that it is to be used to use the crypto services; it also says that you burn part of those tokens. Why do you need to burn aside from decrease the supply? isn't circulating something that would increase its value in the long run?
Usually when tokens are being burned when they are used, the goal is indeed to decrease the supply and create more token value. I cant think of any other reasons to burn the token. Exactly that, it basically supports a potential value increase over time. |
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savedroid ICO — Product development recap after Pre-SaleAs 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
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