Savedroid was a "scam" (it's now back). Still, don't trust experts 100%

[BQ]

Why was their offices empty? 
surely he might have gotten hunted down and claim it was a hack or something?
but someone said the twitter picture is an old one, so there might be truth to it

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[normensky012]

Me too, I still don't trust ratings site. The savedroid team move was a bad one although they wanna make a point and a mission to put an ICO standard. I gotta say, they are kinda odd when it comes to thinking something. It was just a bad act, we don't know yet the gravity of the event but I didn't suspect it was an exit scam until I get a statement from their lawyer or from the police authorities.

[conanmori]

You really need patient bro, don post some project are scam because suddenly you cant reach them you can always consider technical issues as a reason so you wont panic if something like this happen again. Just chill SVD still alive and kicking nothing really to worry about.

In fact the majority of investors aren learning from the previous ico. And this is not a good joke man. This looks weird, remember CEO of centra was appearing so many times and then they are scamming investors on the centra project and run with a lot of money and then they getting caught by US security. If savedroid ceo was doing it and he already known what he was dealing with.

Hmm concerning about Centra yeah thats a big scam considering the project really went well. So yeah you might be right and cant blame investor for being rage about what SVD did since Centra did something like that too. They explained it but still so many people doubting i hope they can fix the problem soon so we people wont panic.

[AkropolisTeam]

You really need patient bro, don post some project are scam because suddenly you cant reach them you can always consider technical issues as a reason so you wont panic if something like this happen again. Just chill SVD still alive and kicking nothing really to worry about.

Nothing to worry about? They lost the trust of people. Even if that was PR or something like "we wanted to show the world how easy it is to exit scam" - they may have ruined lives of people. Imagine what reaction it may cause to non-stable people who went "all in" - they might commit suicide after "exit scam". You really think that they have done the right thing and there is nothing to worry about?

[Weawant]

You really need patient bro, don post some project are scam because suddenly you cant reach them you can always consider technical issues as a reason so you wont panic if something like this happen again. Just chill SVD still alive and kicking nothing really to worry about.

In fact the majority of investors aren learning from the previous ico. And this is not a good joke man. This looks weird, remember CEO of centra was appearing so many times and then they are scamming investors on the centra project and run with a lot of money and then they getting caught by US security. If savedroid ceo was doing it and he already known what he was dealing with.

Hmm concerning about Centra yeah thats a big scam considering the project really went well. So yeah you might be right and cant blame investor for being rage about what SVD did since Centra did something like that too. They explained it but still so many people doubting i hope they can fix the problem soon so we people wont panic.

To many bad though's spreading about them and looks like those one are valid since the savedroid dev act so lazy and shady these days. And how pathetic for their them to act like this while they are so successful on their crowdsale and people should learn a lesson from this since eventhough they came back and payed they will surely still scam if their token get a huge balance on exchange.

[AkropolisTeam]

Why the hell would you show your face to the whole world if you openly admit you are a scammer?  Obviously they got hacked and someone is trying to damage them

Because he can? Hacking all social platforms is not so easy as you think and I highly doubt that someone can hack Telegram accs of all admins in the chat. So they have done it on purpose.

[BQ]

Why the hell would you show your face to the whole world if you openly admit you are a scammer?  Obviously they got hacked and someone is trying to damage them

Because he can? Hacking all social platforms is not so easy as you think and I highly doubt that someone can hack Telegram accs of all admins in the chat. So they have done it on purpose.

Good point about telegram, as someone wrote, it's probably that he was forced to change his mind.

[deadmousehat]

I don't care about this project scam or not because I didn't invest in this project. but his joke is not funny, make investor panic is not good. though that's just a joke, for now who would trust him 100%

[natsu01]

How can you totally think that savedroid is really a scam? There are too much investors who invest in their project and if they run away there will many crypto users will discourage including their bounty participants and the investors. There are too many news that shows that they are a scam ico but we must wait for the final outcome before concluding.

[batang_bitcoin]

I don't care about this project scam or not because I didn't invest in this project.

Neither I, I'm very concern with the investors of this project.

It is now giving a big attraction to the web and it's hard to know on what's the real thing and fake statement.

Why the hell would you show your face to the whole world if you openly admit you are a scammer?  Obviously they got hacked and someone is trying to damage them

Who knows if that's the real him or if its a grabbed picture. If it is real him, it doesn't matter to him as he got tons of money to go away.

[IL.Guerreiro]

Thanks OP you give a good head shot to realize the different ways of a scam ICO. I didn't say this because I'm on your side but because I realized another thing to make me be very careful in every ICO.

[002jin]

Hello everyone! It's hard to judge whether it is Scam or not. They could hack, and to induce panic among users, got rid of those flashy posts. Need to wait a bit and will be known exactly whether it is true or not.

[jripper]

They used a terrible way to educate anyone on safe investment practices - by using an exit scam as a PR stunt. What they did is incredibly irresponsible and lacks any understanding
of responsible PR campaigns and good common sense.

There are many incredible hard working entrepreneurs, innovating and providing real value exchange through the use of blockchain and crypto currencies. They have not only damaged their own reputation, but that of the 1000's of European start-ups invested into delivering genuine ICO's and blockchain technology.

I think the German Bundesblock said it best!

Public Statement of Bundesblock regarding the Savedroid PR Stunt
On 18th of April, 2018, the German blockchain startup Savedroid AG having its registered address at Eschersheimer Landstraße 121, 60322 Frankfurt am Main, took its official website offline, for more than 24 hours, leaving behind only an internet meme with the inscription “…and it’s gone” – referring to the funds collected from thousands of investors in its recent tokensale event (ICO).

Yesterday, 19th of April, 2018 it was revealed by the founder of Savedroid, Yassin Hankir, that the pretended “exit scam” was merely a publicity stunt to catch the world’s attention. In a Youtube video released to the public yesterday, Hankir spoke about the need for stronger regulation in the context of public crowdfunding campaigns based on blockchain technology –  so-called ICO’s (Initial Coin Offering).

The German Blockchain Association Bundesblock believes the claimed PR stunt lacks any professionalism and sense of responsibility. It sheds a negative light on the whole blockchain ecosystem. It created a sense of fear and anxiety among users and investors alike. Instead of leading by example, Hakir decided to risk the collective reputation of thousands of responsible and diligent entrepreneurs in Germany and Europe, for minutes of dubious fame and potential benefits for their own. We strongly reject Savedroid’s behavior.

The Savedroid team has operated a controversial marketing campaign throughout, which ended in a truly damaging event. Savedroid AG has never been a member of our Association.

We want to remind the world of the beneficial values for society that lie in the concepts and practices that blockchain is about. New forms of crowdfunding are important for the ecosystem. The [Suspicious link removed]munity needs to show maturity where it counts. We are deeply disappointed by this behavior, which clearly harms the goals of the [Suspicious link removed]munity as well as ongoing ICO projects, which face now as a result the withdrawal of support due to this irresponsible stand-alone PR gag.

We believe that any entrepreneur needs to care about the trust and funds of his investors, to take all possible measures to protect and grow it. Blockchain and tokens are not a game, but the next socio-economic infrastructure.

[Pamela1966]

Well according to a YouTube clip I saw from the CEO of savedroid,  he claimed it's his own form of drastic campaign which I think is a publicity stunt gone wrong,  I mean it's an expensive joke,  he could have find other means to make the project popular.  With what is circulating around it will be so difficult to convince the investors  about the genuinty of the project savedroid

[Yuuto]

There is a possibility, in my opinion, that they actually considered to exit scam but only later realized that they were probably not going to get away that easily and was essentially forced into reopening their site. Because to me, nobody in their right mind would ever shut down their ICO like that to "educate others".

This is not the way to educate people.

All that has been achieved is literally throw the entire savedroid investor groups into frenzy because they were scared. Terrible PR and may compromise the value of their product in the future.

[DarkBullet]

What savedroid did shocked all ICO investors and even those crypto medias. It might be an April Fools joke but its pretty alarming and will impact the trust of its investors negatively. ICO competition is super tough and savedroid prank will be use to them someday when their token is mooning. Still, that project looks promising and have a strong members. Its a good thing that their token is not yet listed or a massive selling will occur.

[bcointt]

After such jokes, I think of regulation ICO. It is necessary to be more serious and to approach with responsibility the project and investors. You remember the story when the shepherd boy shouted, "Wolves, wolves!"

[BountyGo]

This is very stupid and unnecessary. First of all you’ve tainted the already “not so good” image of the crypto industry, you’ve played with naive investors’ emotions, you’ve shown others how easy it is to scam people through icos. I pity those who gave their money to this guy cos this ico and it’s tokens are dead on arrival

[flatbreadten]

This is the news presently going round. One of my friends invested $1300 into savedroid. The question now is that can we conclude now that Savedroid is a scam. The reputation of ICO Bench is presently at stake, for listing this ICO. Well, they can only gain their reputations back, if only there is proper correction and perhaps it ends up to be just the work of hackers.
I am eagerly waiting to know the final outcome.

ICOBench rep is dead now and they have always served the lowest possible bar of ratings for customers (i.e. retail investors).  It is and never will be institutional ready.
This space will change pretty fast this year and all these cheap ICO rating sites will be replaced with the Fitch or Moodys or Oddup's of the rating world.

[sud]

So the exit scam was just a PR stunt form the founder of Savedroid after all? LOL, I wasn't expecting this... Seriously, I rather think this made them look bad instead of creating any educational value about scams in crypto space. Really bad way to raise awarness to this problem.