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Author Topic: [ANN][ICO] savedroid - BITCOIN SAVING MADE EASY!  (Read 51137 times)
jamzzz123
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February 03, 2018, 09:43:15 AM
 #541

Will the Savedroid user have any say in how their savings will be invested or will this be calculated by evaluating their attitude to risk?

For example will Savedroid create funds/portfolios with a mixed bag of different types of assets for customers or will the customers get to choose each individual asset themselves from a selected list of assets?

I think this quote here might answer you question:


Question about investing in cryptocurrencies: In the app, my saved money is automatically invested partly in cryptocurrencies. Are these cryptos always given, or can you choose them yourself? I could well imagine that as an additional option for more experienced users
The primary idea is definitely that our AI handles that for the users. But we're always looking at community feedback and if there's a need to change crysptos manually we will consider it somehow.

In my opinion an option to manually invest is a must as more advanced users will definitely want to have some control on their investments.

So, all users of the Savedroid app will be invested into the same investment portfolio. The investment strategy of the portfolio is decided by the Savedroid AI software which is sort of like a robo-adviser.

I presume the AI software bases its investment decision on past performance/charts, media articles and social media data, could someone please confirm if this is correct?

I don't think all users will have the same portfolio. I assume the AI will choose the portfolio of each user based on his specific parameters. For example, different users will have different saving goals, and the investments would be chosen according to that. Also, users with small amount of money to be invested would have a more static portfolio as changing it to often will won't be profitable because of the fees.

This is just my opinion if course, don't see the point of an AI system if everybody has the same portfolio, but of course this needs to be confirmed by the devs.

Yes, each individual has their own preference, not everyone has same saving habit, i believe an opportunity is given for everyone to select what best suit them, set and allow savedroid go to work, it doesn't make sense if all have same portfolio, every good project offers flexibility 


Maybe there will be crypto packages to choose:

1 not risky (BTC, ETH, LTC, ..)
2 little risky with not so well known Tokens out of the first
3 very risky: complete unknown tokens, ICO, shitcoins :-)

Pretty cool idea, I like your thinking. I much prefer the alts with low market cap so would be good to see something similar to this packaged up  - giving options to all customers / investors.


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Zombie259
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February 03, 2018, 10:16:11 AM
 #542



👉 LAST CALL TO RESERVE YOUR TOKENS!
Reservations are coming in extremly fast. Because of the very high demand, we will have to close reservations latest this Sunday, February 4th at 12:00 AM CET.
Reserve your tokens here:
https://ico.savedroid.com/sale/

OK you got me  Wink
But why there is a Minimum of 500 € for Bank Transfer?
So I have to choose Sofort with Extra fee  Angry
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February 03, 2018, 10:16:24 AM
 #543

Will the Savedroid user have any say in how their savings will be invested or will this be calculated by evaluating their attitude to risk?

For example will Savedroid create funds/portfolios with a mixed bag of different types of assets for customers or will the customers get to choose each individual asset themselves from a selected list of assets?

I think this quote here might answer you question:


Question about investing in cryptocurrencies: In the app, my saved money is automatically invested partly in cryptocurrencies. Are these cryptos always given, or can you choose them yourself? I could well imagine that as an additional option for more experienced users
The primary idea is definitely that our AI handles that for the users. But we're always looking at community feedback and if there's a need to change crysptos manually we will consider it somehow.

In my opinion an option to manually invest is a must as more advanced users will definitely want to have some control on their investments.

So, all users of the Savedroid app will be invested into the same investment portfolio. The investment strategy of the portfolio is decided by the Savedroid AI software which is sort of like a robo-adviser.

I presume the AI software bases its investment decision on past performance/charts, media articles and social media data, could someone please confirm if this is correct?

I don't think all users will have the same portfolio. I assume the AI will choose the portfolio of each user based on his specific parameters. For example, different users will have different saving goals, and the investments would be chosen according to that. Also, users with small amount of money to be invested would have a more static portfolio as changing it to often will won't be profitable because of the fees.

This is just my opinion if course, don't see the point of an AI system if everybody has the same portfolio, but of course this needs to be confirmed by the devs.

Yes, each individual has their own preference, not everyone has same saving habit, i believe an opportunity is given for everyone to select what best suit them, set and allow savedroid go to work, it doesn't make sense if all have same portfolio, every good project offers flexibility 


Maybe there will be crypto packages to choose:

1 not risky (BTC, ETH, LTC, ..)
2 little risky with not so well known Tokens out of the first
3 very risky: complete unknown tokens, ICO, shitcoins :-)

Pretty cool idea, I like your thinking. I much prefer the alts with low market cap so would be good to see something similar to this packaged up  - giving options to all customers / investors.



I also like the idea of the possibility to choose the risk I wanna take but if you are really planning on saving and holding for a long time it is probably not so smart to invest in total shitcoins. It only makes sense to gamble with these when you are watching the market nonstop and can dump them as soon as they get pumped.

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February 03, 2018, 10:24:38 AM
 #544



👉 LAST CALL TO RESERVE YOUR TOKENS!
Reservations are coming in extremly fast. Because of the very high demand, we will have to close reservations latest this Sunday, February 4th at 12:00 AM CET.
Reserve your tokens here:
https://ico.savedroid.com/sale/

You see... I said savedroid ICO won't take long either... No one should doubt the potentiality of this project... I mean no one... Am on my way to filling my bags

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February 03, 2018, 10:32:50 AM
 #545

Yeah, I think the Main ICO will be sold out in one week.
This project looks really promising and I will fill my bags too.
girib1684
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February 03, 2018, 11:16:30 AM
 #546

I have some question. If peoples contributing in ICO or PRE-SALE, they need to provide KYC to Savedroid? If yes then how many days they are taking to verify KYC details?
Zombie259
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February 03, 2018, 11:46:21 AM
 #547

I have some question. If peoples contributing in ICO or PRE-SALE, they need to provide KYC to Savedroid? If yes then how many days they are taking to verify KYC details?

Copied from https://ico.savedroid.com/sale/:

Documents/information required (KYC)

These information are required by regulatory and compliance to prevent money laundering

Level 1:    10.00 - 849.99 €    capturing name and country
Level 2:    850.00 - 4,199.99 €    Level 1 + photo of ID card or passport + selfie
Level 3:    4,200.00 - 8,499.99 €    Level 1 + Level 2 + proof of address via utility bill (if not included on ID card)
Level 4:    >= 8500.00 €    Level 1-Level 3 + capturing source of funds
Big deals:    >= 100,000.00 €    further proof of source of funds on request
ibininja
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February 03, 2018, 11:48:30 AM
 #548

I have some question. If peoples contributing in ICO or PRE-SALE, they need to provide KYC to Savedroid? If yes then how many days they are taking to verify KYC details?

I think a third party service would be in place. It should not take long though. From my experience it is a matter of couple hours. or even less. Many contributions would fall in Level 2 that is my guess.

Gunny95
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February 03, 2018, 12:13:47 PM
 #549

Almost all Crypto currencies are going down. BARs also now available at very low price. Its good time to buy few good currencies and hold for next big move. BARs is definitely one of them.

Yeah the market is all red and is definitely the best time to buy
But is there a reason why the market suddenly went red after the january bloodbath

It is a little off-topic, but currently there supposedly is doubt as to how reliable/regulated the tether is (USDT, digital dollar, issue: no limit to produce additional USDT which caused concerns)
USDT is the most common currency to sell your cryptocurrency for, bitfinex (US) processes the largest sum.

USD can also be produced additionally and this has been possible for a century or so, but USD is regulated by the IMF (not even US government)

So there is a degree of hypocrisy involved, I see the current dip as people with weak knees who panic sell their crypto assets.

In any case, when you invest in ICOs, the value in USD of your investment is locked.
So if you invest in an ICO with 1 BTC, say 12k USD/BTC, you are invested for 12k USD.
If USD/BTC then proceeds to drop, you still have 12k invested, but this might go the other way around as well

Thanks for enlightening me on this issue and i don't really think it is off-topic as this affects all crypto including savedroid.
Which brings me back to savedroid projects...how do savedroid tend to react to the bearish and bullish run of crypto, since it is trying to implement a spending and saving method using AI.

Will it follow the USDT way or the normal way?

Thank you so much for the merits, you really made my day!!  Grin

According to the whitepaper, a Self-learning AI algorithm enabling smart investments in cryptocurrency is scheduled to be released in 2020, only by then will it be interesting whether such a system is resistant to the bear market (when everything goes down), an emergency exit-strategy is possible to exchange the coins automatically for fiat currency, but I doubt that this is feasible

"2020 - Self-learning AI algorithm enabling smart investments in cryptocurrency
portfolios, futures, and ICOs, providing cost-efficient and diversified
returns."




I am glad I made your day...
The  algorithm would really be a nice feature on the savedroid platform considering what the crypto community has experienced in the past 2 month... Wish it could be implemented earlier..

Why do you think it won't be feasible?

I thought it wouldn't be feasible as I had assumed most exchanges go between cryptocurrency and USDT
Upon doing some research, I found out the opposite is true:
https://coinmarketcap.com/exchanges/volume/24-hour/all/

Korean WON & USD have a relative large volume on a 24h basis

So this would make it possible to allow the self-learning AI algorithm invest in cryptocurrency and ''park'' the customer's capital in fiat money  Cool

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tobson2
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February 03, 2018, 12:37:42 PM
 #550

I have some question. If peoples contributing in ICO or PRE-SALE, they need to provide KYC to Savedroid? If yes then how many days they are taking to verify KYC details?
KYC is done by a partner. Unfortunately, they only work Mo-Fr, but in average the verification happens on the same or next work day. But that depends on the quality of the pictures provided.

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February 03, 2018, 01:13:51 PM
 #551

I have some question. If peoples contributing in ICO or PRE-SALE, they need to provide KYC to Savedroid? If yes then how many days they are taking to verify KYC details?
KYC is done by a partner. Unfortunately, they only work Mo-Fr, but in average the verification happens on the same or next work day. But that depends on the quality of the pictures provided.

Dear Tobson2 my question on investment options is yet to be answered can you kindly see to it being answered? It's very important I know... Thank you

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February 03, 2018, 01:16:39 PM
 #552

I have some question. If peoples contributing in ICO or PRE-SALE, they need to provide KYC to Savedroid? If yes then how many days they are taking to verify KYC details?

Copied from https://ico.savedroid.com/sale/:

Documents/information required (KYC)

These information are required by regulatory and compliance to prevent money laundering

Level 1:    10.00 - 849.99 €    capturing name and country
Level 2:    850.00 - 4,199.99 €    Level 1 + photo of ID card or passport + selfie
Level 3:    4,200.00 - 8,499.99 €    Level 1 + Level 2 + proof of address via utility bill (if not included on ID card)
Level 4:    >= 8500.00 €    Level 1-Level 3 + capturing source of funds
Big deals:    >= 100,000.00 €    further proof of source of funds on request


Thank you for this information. you can see that it is an ICO in Germany. Many stricter specifications. Of course, this is partly due to the fact that you open a bank savings account, and on the other hand money laundering should be prevented, they want to know exactly where your money comes from.
So I have to look for other ways to hide my millions of moonstone sales from the tax office
Ace44
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February 03, 2018, 01:40:36 PM
 #553

Will the Savedroid user have any say in how their savings will be invested or will this be calculated by evaluating their attitude to risk?

For example will Savedroid create funds/portfolios with a mixed bag of different types of assets for customers or will the customers get to choose each individual asset themselves from a selected list of assets?

I think this quote here might answer you question:


Question about investing in cryptocurrencies: In the app, my saved money is automatically invested partly in cryptocurrencies. Are these cryptos always given, or can you choose them yourself? I could well imagine that as an additional option for more experienced users
The primary idea is definitely that our AI handles that for the users. But we're always looking at community feedback and if there's a need to change crysptos manually we will consider it somehow.

In my opinion an option to manually invest is a must as more advanced users will definitely want to have some control on their investments.

So, all users of the Savedroid app will be invested into the same investment portfolio. The investment strategy of the portfolio is decided by the Savedroid AI software which is sort of like a robo-adviser.

I presume the AI software bases its investment decision on past performance/charts, media articles and social media data, could someone please confirm if this is correct?

I don't think all users will have the same portfolio. I assume the AI will choose the portfolio of each user based on his specific parameters. For example, different users will have different saving goals, and the investments would be chosen according to that. Also, users with small amount of money to be invested would have a more static portfolio as changing it to often will won't be profitable because of the fees.

This is just my opinion if course, don't see the point of an AI system if everybody has the same portfolio, but of course this needs to be confirmed by the devs.

Yes, each individual has their own preference, not everyone has same saving habit, i believe an opportunity is given for everyone to select what best suit them, set and allow savedroid go to work, it doesn't make sense if all have same portfolio, every good project offers flexibility 


Maybe there will be crypto packages to choose:

1 not risky (BTC, ETH, LTC, ..)
2 little risky with not so well known Tokens out of the first
3 very risky: complete unknown tokens, ICO, shitcoins :-)

Lol, funny you, i'm sure the team knows what's best, at same time, the individual knows what's best for him/her, so is like a two way thing and the ability of both parties co-existing as one will lead to savedroid going platinum
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February 03, 2018, 01:52:23 PM
 #554

I have some question. If peoples contributing in ICO or PRE-SALE, they need to provide KYC to Savedroid? If yes then how many days they are taking to verify KYC details?

Copied from https://ico.savedroid.com/sale/:

Documents/information required (KYC)

These information are required by regulatory and compliance to prevent money laundering

Level 1:    10.00 - 849.99 €    capturing name and country
Level 2:    850.00 - 4,199.99 €    Level 1 + photo of ID card or passport + selfie
Level 3:    4,200.00 - 8,499.99 €    Level 1 + Level 2 + proof of address via utility bill (if not included on ID card)
Level 4:    >= 8500.00 €    Level 1-Level 3 + capturing source of funds
Big deals:    >= 100,000.00 €    further proof of source of funds on request


Thank you for this information. you can see that it is an ICO in Germany. Many stricter specifications. Of course, this is partly due to the fact that you open a bank savings account, and on the other hand money laundering should be prevented, they want to know exactly where your money comes from.
So I have to look for other ways to hide my millions of moonstone sales from the tax office

Dear god it would be amazing if all ICO's followed this sort of level based identity verification. The fact is somethings i put in only 20-100$ in an ico and they want my left arm to confirm who i am. I'm sorry but KYC the extent of ID verification etc, really shouldn't be needed for <1000$, it seems savedroid realizes this and is trying to allow people to scale their relinquishing of information with their investment size.

This is how the real world works, i don't have to give utility bills to send my mom some money from western union why should i to buy 500$ of a coin...

Really hope the team knows how appreciative those small investors like me find this kind of scale based KYC.
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February 03, 2018, 01:52:43 PM
 #555

I watched Savedroid ICO site for few mins and I there was some pop-ups coming informing about the investment from different part of the world.
Many people reserved thousands of tokens. I see one user reserved 40K SVD. I dont think public sale will last long.
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February 03, 2018, 01:57:46 PM
 #556

An announcement has been made on telegram that Savedroid will close the reservations latest this Sunday (token reservation)

You can check it out here, post made by Tobias
https://t.me/savedroid/104072

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February 03, 2018, 02:41:33 PM
 #557

I watched Savedroid ICO site for few mins and I there was some pop-ups coming informing about the investment from different part of the world.
Many people reserved thousands of tokens. I see one user reserved 40K SVD. I dont think public sale will last long.

I don't think the main sale will last as long as pre-sale lol, I was on Savedroid ICO site also and I saw someone reserved 100k SVD. The ICO is really going to be interesting everyone wanna get a piece of Savedroid haha.
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February 03, 2018, 03:16:17 PM
 #558

I have some question. If peoples contributing in ICO or PRE-SALE, they need to provide KYC to Savedroid? If yes then how many days they are taking to verify KYC details?

Copied from https://ico.savedroid.com/sale/:

Documents/information required (KYC)

These information are required by regulatory and compliance to prevent money laundering

Level 1:    10.00 - 849.99 €    capturing name and country
Level 2:    850.00 - 4,199.99 €    Level 1 + photo of ID card or passport + selfie
Level 3:    4,200.00 - 8,499.99 €    Level 1 + Level 2 + proof of address via utility bill (if not included on ID card)
Level 4:    >= 8500.00 €    Level 1-Level 3 + capturing source of funds
Big deals:    >= 100,000.00 €    further proof of source of funds on request


Thank you for this information. you can see that it is an ICO in Germany. Many stricter specifications. Of course, this is partly due to the fact that you open a bank savings account, and on the other hand money laundering should be prevented, they want to know exactly where your money comes from.
So I have to look for other ways to hide my millions of moonstone sales from the tax office

Dear god it would be amazing if all ICO's followed this sort of level based identity verification. The fact is somethings i put in only 20-100$ in an ico and they want my left arm to confirm who i am. I'm sorry but KYC the extent of ID verification etc, really shouldn't be needed for <1000$, it seems savedroid realizes this and is trying to allow people to scale their relinquishing of information with their investment size.

This is how the real world works, i don't have to give utility bills to send my mom some money from western union why should i to buy 500$ of a coin...

Really hope the team knows how appreciative those small investors like me find this kind of scale based KYC.

Like you just typed my thoughts... KYC for small amounts should be looked into and reviewed to the barest requirements so that small investors won't be discouraged, savedroid realized and are working towards it which is good

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February 03, 2018, 03:23:51 PM
 #559

I watched Savedroid ICO site for few mins and I there was some pop-ups coming informing about the investment from different part of the world.
Many people reserved thousands of tokens. I see one user reserved 40K SVD. I dont think public sale will last long.

I don't think the main sale will last as long as pre-sale lol, I was on Savedroid ICO site also and I saw someone reserved 100k SVD. The ICO is really going to be interesting everyone wanna get a piece of Savedroid haha.

Pretty impressive figures, I will be absolutely amazed if it sells out quicker than 7 hours  Grin

7 hours is probably one of the quickest projects I've been part of for a sell out, think I will get some more on the main sale.

Just saw a 1,000,000 reservation haha. I can't wait for 5 days. Keep up the good work team
rezzx
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February 03, 2018, 03:37:47 PM
 #560

I have some question. If peoples contributing in ICO or PRE-SALE, they need to provide KYC to Savedroid? If yes then how many days they are taking to verify KYC details?

Copied from https://ico.savedroid.com/sale/:

Documents/information required (KYC)

These information are required by regulatory and compliance to prevent money laundering

Level 1:    10.00 - 849.99 €    capturing name and country
Level 2:    850.00 - 4,199.99 €    Level 1 + photo of ID card or passport + selfie
Level 3:    4,200.00 - 8,499.99 €    Level 1 + Level 2 + proof of address via utility bill (if not included on ID card)
Level 4:    >= 8500.00 €    Level 1-Level 3 + capturing source of funds
Big deals:    >= 100,000.00 €    further proof of source of funds on request

Wow this is great. The KYC process for every little investment, especially if you invest in many tokens like me, has been very annoying. This will definitely be easier to invest for small investors.
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