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Fast Exit Case Studies |
Savedroid Corp., Frankfurt/Main, Germany
Cryptocurrencies for Everyone - Now! Give Power to the People. Join the Revolution!
Q: Savedroid Initial Coin Offering (ICO): What the tokens will be used for?
A key question that everyone should ask before buying into an ICO is: what will the tokens be used for? In the case of savedroid, the token will become the key payment in the new crypto ecosystem of the company - and therefore has good chances to show a strong performance if savedroid’s crypto simplification strategy works:
The savedroid token (SVD) is a utility token and will be used to purchase the crypto services within the savedroid ecosystem. Users of savedroid's automated crypto saving and investing will have to use the savedroid token to pay the fees of these crypto services. It has a built-in deflation mechanism to support its future value. Users can buy or sell the SVD in supported token exchanges.
Self-Learning Secret-Sauce Artificial Intelligence (AI) Black-Box - Magic Savedroid (SVD) Gold Mine Bullshit - Scam Alert! Scam Alert! Scam Alert!
2022 -- Self-learning AI algorithm enabling world peace / paradise providing free easy money for everyone
2024 -- Self-learning AI algorithm enabling singularity. Machines scam the mere mortal human dummies and run off with the free easy money. Your savings are gone
Within savedroid's unique [self-learning secret-sauce black-box] artificial intelligence (AI) fueled ecosystem, users will profit from convenient crypto saving plans and superior crypto investment opportunities, such as portfolios, derivatives, and ICOs. savedroid will conveniently auto-convert savings to cryptocurrencies, securely store them, and make them easily accessible, tradeable, and spendable. We will offer all of these crypto services for a reasonable fee in savedroid (SVD) tokens.
When a user takes his savedroid tokens to pay for a crypto service, we collect his savedroid tokens and automatically burn a percentage of these tokens. Thus, the number of available savedroid tokens will decrease over time. The bottom line is that this will support the future value of the savedroid token.
In other words, a percentage of the savedroid crypto service fees will automatically be removed from the pool of available SVDs by every single purchase. Thus, the more the savedroid ecosystem is used, the further the supply of SVD will decrease.
So, eventually, our user growth will drive an increasing demand for savedroid tokens on the one hand and, at the same time, a decreasing supply of savedroid tokens on the other hand. Hence, the value of the savedroid token depends, among other factors, on our future user growth of greater fools [Thanks for the free money and HODLing the bag!].
(Source: Official Savedroid ICO News - What the tokens will be used for, February 6th, 2018)
(Source: ico.savedroid.com Website, April 17th, 2018)
We are part of Deutsche Börse's FinTech Hub and Venture Network and collaborate with various prestigious Business-to-Business (B2B) partners. In fact, savedroid is the first initial coin offering (ICO) of a German stock corporation that follows German legislation and regulation to provide participants with the highest level of security.
(Source: ico.savedroid.com Website, April 18th, 2018)
The founders of cryptocurrency startup Savedroid appear to have exit-scammed investors following the conclusion of its initial coin offering (ICO).
On Wednesday, the website for the German company unexpectedly went offline and has since been replaced by a single image - the "Aannd It's Gone" meme, which first originated on South Park.
And in case investors still did not get the message, Yassin Hankir, the project's founder and CEO, published a Twitter post that showed him in an airport and later on a beach, holding a beer.
"Thanks guys! Over and out.. #savedroidICO" he wrote.
-- ICO News, Over and Out: $50 Million Savedroid ICO Makes Apparent Exit Scam, April 18th, 2018
The CEO on their twitter feed posted this several times 'contribute now to participate in our #Airdrop and become a #Crypto Millionaire.' Not about technology, its all about GIVE US MONEY AND WE WILL MAKE YOU A MILLIONAIRE. Anyone who fell for this despite all the warning signs can blame no one but themselves.
-- TechCrunch News, Another day, another $50 million ICO exit scam, April 18th, 2018