Quote from: Anilg on January 28, 2018, 07:51:51 AM

Quote from: exuberant112 on January 28, 2018, 04:48:59 AM

Hello all!

Seems like we have another suedo-AI based crypto savings product to consider! Looking at the website I think it's fair to say that a great deal of thought and effort has gone into this one. To view the official website go here ( https://ico.savedroid.com/ ), annd to see their initial YouTube on the product please go here ( https://www.youtube.com/watch?v=YRDK5aqiP1U ).

I shall give you a little break down of the white paper, though I advise any investors to do what I just did and read it in full yourself! Here it is :

THE SAVEDROID WHITE PAPER BREAKDOWN (Read 28/1 version 1)
=================================================

1) THE VISION : Is to offer an AI based crypto saving platform that is easy to use for anybody, is simple and can offer better security than others as it is based on German financial legal protections.

2 ) CONTROLS : The user control has settings where you type in how much you would like to save, and it will adjudge based on what you type, and suggest how and where you save that money for max profits.

3 ) DEMOGRAPHIC : This product is largely aimed at 25-35yr old professionals who want to save upwards of $50-100 per month, and look for a better return than the 2-3% savings accounts offer.

4 ) AUTOMATION : This product can be set up to automatically debit your account (currency) and convert this into coins in your saving account, as well as report on your spending habits via email.

5 ) MANAGEMENT : The board is mainly made up of people with actual financial and technology backgrounds, and is linked with several German financial blue chips.

6 ) ANTI DISCRIMINATION : The coins and products on offer, are and I quote "Sharia law compliant" and so are more than likely to be heavily backed in Islamic countries as well as Western.

7 ) YOU WHAT NOW? : The way they avoid falling foul of Sharia is by not paying dividends or interest, so the gains are purely on the speculation of rates and buying low / selling high.

8 ) OPENING EXCHANGE RATE : From the opening day the coin value is fixed at 100 SVD = 1 EURO / 0.85 USD (at todays exchange rate on Google, EURO to USD)

There you have it, the entire white paper boiled down to the 8 most important points Cheesy

Please drop your merits in the hat. Happy investing!

This is really great. Thanks for providing short summary of whitepaper!
I think SVD ICO price is also reasonable. And it will go up after listing. Let's see how much time it's going to take for full subscription.

No problem us crypto nerds should imitate the AI, as in link together as a massive decentralised computer for unhashing rofit tactics Cheesy

I'm contacting some of the project leaders today too so should have some quotes to post if they get back to me!