Cryptocurrency: Savedroid : Democratizing Cryptocurrencies

Users profit from easy access to smart Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin, IOTA, Dash etc. savings plans, and superior crypto investment opportunities, such as portfolios, futures, and ICOs, without any technological adoption barriers. savedroid leverages its existing core assets of self-learning AI technology and great User Experience, based on maximum simplification and emotional gamification, to deliver this exceptional value proposition.

About savedroid
Our Vision: “Cryptocurrencies for Everyone!”

savedroid, the award-winning German FinTech specialized in artificial intelligence (“AI”) saving technology, has geared up to democratize cryptocurrencies: savedroid will create a unique AI fueled ecosystem of crypto saving and investing for the masses. Users will profit from easy access to AI-based crypto saving plans in Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin, IOTA, Dash etc. and superior crypto investment opportunities, such as portfolios, derivatives, and ICOs, without any technological adoption barriers. savedroid eliminates today’s complex and painful processes by creating a smart User Experience (“UX”), which conveniently auto-converts savings to cryptocurrencies, securely stores them, and makes them easily accessible, tradeable, and spendable. Hence, savedroid is the first German ICO1 driving crypto inclusion.

savedroid will leverage its existing core assets of state-of-the-art AI technology and great UX based on maximum simplification and emotional gamification to deliver this exceptional value proposition. In fact, savedroid is the very first ICO of a German stock corporation that follows German legislation and regulation to provide participants with the highest level of security.

So, join us in making the crypto world accessible for the masses and finally democratize financial services: Give power to the people!

The savedroid Token — SVD

We create an ERC20 utility token with a built-in deflation mechanism as suggested by Vitalik Buterin4 to support the future value of the savedroid token. The savedroid token – with the short name “SVD” — can be used to purchase the crypto services within the savedroid ecosystem. Users of our automated crypto saving and investing will use the savedroid token to pay the fees of these crypto services. Once, a savedroid token has been used for a purchase within the savedroid ecosystem we will burn a certain percentage of these tokens to support the future value of the tokens. You can also sell the SVD privately, in supported token exchanges, or hodl [sic] it.

Moreover, using the SVDs within the savedroid ecosystem will provide additional user and network benefits to further stimulate savedroid’s growth, as described in more detail below.

Benefits of SVD Usage for Users and within the Ecosystem

SVD will be used by the savedroid ecosystem users to purchase the savedroid’s AI fueled crypto saving and investing services as outlined below.

Leveraging technical support processes, savedroid will enable all users, especially those who have not originally participated in the ITS, to conveniently buy SVD on the market through the savedroid ecosystem. Therefore, users will grant savedroid powers of attorney as part of the crypto service purchase to buy SVD at market price from third party exchanges or from the MRP and savedroid will forward these directly into the crypto service payment channels, i.e. they are used automatically to pay for the crypto services.

Since the exchange rate of SVD as measured in fiat and cryptocurrencies may fluctuate over time and thus the value of the savedroid tokens varies, it would be unattractive for new users to keep the price for the crypto services as denominated in SVD flat, because then new savedroid users might have to pay a much higher price for their consumed crypto services than early adopters who have joined the savedroid ecosystem right from the beginning.

Therefore, savedroid will adjust the price of crypto services as denominated in SVD to keep the purchasing power of the savedroid token within the savedroid ecosystem approximately constant over time. This means, that, for example, if you will have to pay 100 SVD for a respective crypto service within the savedroid ecosystem after the ITS closing, you might have to pay only 50 SVD a few months later if the value of the savedroid token had doubled.

The offered crypto services include:

Convenient crypto saving
Smart Saving and Spending in and across Cryptocurrencies
Smart investments in cryptocurrency portfolios, derivatives, and ICOs
Exclusive Beta-Program and App-Features for ITS Participants

The flow of fiat and cryptocurrencies as well as savedroid’s fees are illustrated in the figure below:

How to Buy SVDs

The savedroid token can be bought with the cryptocurrencies of Bitcoin and Ethereum as well as with fiat via bank credit transfer, SOFORT Überweisung, and credit card. The exact procedure of how to buy SVDs is available on our Website (ico.savedroid.com) and in our social media channels. savedroid may adjust the procedure and payment channels during the sale if required, so please always check the latest updates on our Website.