[ANN][ICO] savedroid - BITCOIN SAVING MADE EASY!

[Sozialtourist]

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?

[tobson2]

And up till now no one is talking about mobile applications of savedroid or even future possibilities... I didn't see that in the white paper either... Can someine point me there 

It's linked in the Resources.

We don't put that too much into public as it's only available for German residents so far.

You can also find it here:
- https://itunes.apple.com/de/app/savedroid/id1155426185
- https://play.google.com/store/apps/details?id=de.savedroid

[dress]

Who are your advisors?

[tobson2]

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.

[tobson2]

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.

[tobson2]

Who are your advisors?

You can find all 16 advisors at https://ico.savedroid.com/team/

[BaliScript]

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.

I dont think Ive seen an allocation of 50% of the tokens to marketing before. That is indeed huge, and also shows that Savedroid is focused on the mass market

[Sozialtourist]

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.

Okay, that makes sense. When it's really that simple that you don't have to even open the app anymore after all is configured, it's just logical that there is a low number of daily active users. Thanks for your answer.

[jamzzz123]

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.

I dont think Ive seen an allocation of 50% of the tokens to marketing before. That is indeed huge, and also shows that Savedroid is focused on the mass market

This is a big number, impressive as I think a lot of it comes down to marketing and advertisement.

A lot of it is speculation so I'm grateful that they have a budget big enough to cover the masses of marketing and advertisement to get the project more known and more investors getting involved.

Keep up the good work Savedroid team!

[Anilg]

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.

I dont think Ive seen an allocation of 50% of the tokens to marketing before. That is indeed huge, and also shows that Savedroid is focused on the mass market

This is a big number, impressive as I think a lot of it comes down to marketing and advertisement.

A lot of it is speculation so I'm grateful that they have a budget big enough to cover the masses of marketing and advertisement to get the project more known and more investors getting involved.

Keep up the good work Savedroid team!

50% seems to be high but we need to check how this money will be spent and such kind of marketing is really needed. It's very early to guess anything right now. Just wait n watch.

[artursimsonfrg]

Savedroid creates a unique AI-fueled Ecosystem of Crypto Saving and Investing for the Masses.
Savedroid's AI enables Users to automatically save up for their Wishes without Thinking about Saving.

[Ace44]

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.

I dont think Ive seen an allocation of 50% of the tokens to marketing before. That is indeed huge, and also shows that Savedroid is focused on the mass market

This is a big number, impressive as I think a lot of it comes down to marketing and advertisement.

A lot of it is speculation so I'm grateful that they have a budget big enough to cover the masses of marketing and advertisement to get the project more known and more investors getting involved.

Keep up the good work Savedroid team!

Yea, advertisement is where the bulk of the investment is, however savedroid offers value-adding products which will lead to huge returns, a wise investment if you look at what the project offers, this is like a means of making cryptocurrencies accessible for everyone

[rathaha10]

What will you guys do when you are hacked, and the funds are gone ? Is there any refund system for the investors ? I am not saying that it will happen, but you never know for sure.

[rezzx]

What will you guys do when you are hacked, and the funds are gone ? Is there any refund system for the investors ? I am not saying that it will happen, but you never know for sure.

This is indeed a problem, but it's not unique to Savedoird. Every bank or financial system that keeps people's money faces the danger of potential hack. I don't know how things work in Germany, but in many countries regulations force companies that deal with people's money in large scales to have an insurance against this kind of problems. As Savedroid already has a running platform that deals with fiat, I assume they are covered against hacks already, but I agree this is something they need to clarify.

[girib1684]

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.

I dont think Ive seen an allocation of 50% of the tokens to marketing before. That is indeed huge, and also shows that Savedroid is focused on the mass market

Might be for marketing or might be they reserved it for their investors to distribute as bonus or rewards. That we know Savedroid Team doing good work. So we have to wait till end of ICO

[Nathan01]

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?

Probably because most activities and business these days are either running on the blockchain technology or working towards running in block chain tech. This is actually a good move for them. # my opinion

Agree with Owillz. Almost lots business and organization or we can say almost whole world are started moving to Blockchain Technology, so I don't think so savedroid has doing anything wrong. This is also my personal opinion....

Distributed infrastructure is the future, it has been for a while, and blockchain simplifies that fact and spreads it globally, something that used to not be possible, distributed used to mean spread across 1 companies  infrastructure / datacenters like amazon or microsoft. Now it means spread across millions of computers from random individuals world wide. Savedroid is just making the smart choice to start integrating blockchain.

Wow this is huge,  haven't actually seen it this way... Savedroid is then a utility token which solves the global problem of centralization by decentralizing in a better and smarter way... Hmm I see why there is a lot of positive buzz around the project

[Zombie259]

What is the minimum amount for the ICO and is there a maximum amount?
Is KYC necessary and from what amount?

[tobson2]

What will you guys do when you are hacked, and the funds are gone ? Is there any refund system for the investors ? I am not saying that it will happen, but you never know for sure.

We're setting up our systems to not get hacked at all.

But besides that we're currently looking if we can offer some kind of insurance for the funds.

[tobson2]

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.

I dont think Ive seen an allocation of 50% of the tokens to marketing before. That is indeed huge, and also shows that Savedroid is focused on the mass market

Might be for marketing or might be they reserved it for their investors to distribute as bonus or rewards. That we know Savedroid Team doing good work. So we have to till end of ICO

No worries, the marketing bucket is for product marketing, nothing for investors.

[tobson2]

What is the minimum amount for the ICO and is there a maximum amount?
Is KYC necessary and from what amount?

Min amount is 10 €, max amount on the frontend is 100,000 €. For bigger tickets just contact us directly.

KYC is required and depends on the investement amount.