Quote from: tempus on October 26, 2018, 09:49:09 AM

Quote from: Midaktai on October 26, 2018, 08:34:13 AM

Quote from: boopy265420 on October 26, 2018, 08:05:51 AM

This is not what I am watching for the first time, the way things are happening here. Last year was full of such things where money collected from ICO's was spent on trips and traveling to attend events. They want to drag time as long as possible until majority dump and move on to next projects and then they will pump it during next uptrend of these markets in few weeks or months.

we hope that Savedroid pumps their coins on the exchange in the next few months when the bullish moment arrives, the current price is cheap, which is 0.0007 $,
this is an opportunity to buy

The total supply is nearly 7bn token, multiplied with $0.0007 the total value is at about $4.5 M.

True value is all about context and this is still an App and the token is not really necessary. But much more important: Savedroid needs licenses and Users of course. Both is hard to achieve with a history like they have. They often refer to criticism as FUD but their own projects and Investors suffer because they've started a huge FUD-campaign (Scam-PR-Stunt) first to break promises right after (Top5-exchange etc.).

Then there are other aspects:

1) If the idea/usecase of saving money into Crypto with a gamification approach (whenever trump tweets....) would have so much potential, guess who could develop something like that easily and probably much better besides an already running business: Exchanges. Simply because they already have the infrastructure in place.

2) It's already not that easy to trust a company that it securely manages Customer-funds without being hacked on day. I personally never leave anything for a longer time on exchanges for example. But if I would have to make a choice if I trust Binance or Bittrex or Coinbase - or Savedroid... I would never trust Savedroid to have high competence when it's about security.

3) When it's about the market situation: There are thousands of projects out there. Many are bad or even Scams but also many are quiet good, with skilled and professional teams. Many of the good ones are not able yet to make it on one of the top exchanges. But who will be picked first when it's about better listings? Projects with a clean history or Savedroid with it's Scam-Brand?

To make it short: This is not undervalued but in my opinion it's the opposite. Not only because of the Image but also because of it's fundamentals.

And just btw: There are so many really good projects out there that have done a much smaller ICO. The big winner of the past days on IDEX for example is Quant - a team of high level Cryptosecurity experts who have worked for governments and in Finance. They're building really unique Blockchain-infrastructure. They have raised about $11M. Coinlion - they are building a whole exchange and have raised about $7 M if I recall it correctly. Senno: Also an AI-project about sentiment analysis. They've raise only about $3M and even dropped in price after the ICO.

Savedroid raised about $50M for an App-project. That's ridiculous... What I don't get if I think about this and exclude the PR-Stunt and all the controversy is simply:

Why has nobody ever questioned how much the company is worth and why the token-economy should be valued much higher than the whole company? I don't know how much Savedroid as company is worth but I would think that it's not $10 M, maybe not even $5 M. They have not been successful before raising tons of money in Crypto but the opposite. So why would the total supply of the token be worth more?

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