Savedroid ICO - Join the Revolution Now !

in blokchain •  7 years ago 

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Savedroid Token
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.

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A savedroid user, who has not participated in our ITS will have two options after our ITS: Either he directly buys SVD at a token exchange or, conveniently, directly within the savedroid mobile apps. The savedroid token can be stored in a wallet and used to pay for the consumed crypto services within the savedroid ecosystem. So, in the end, the price of the savedroid token will always be determined by the actual market supply and demand at the token exchanges. We will adjust our service fees denominated in SVD within the savedroid ecosystem according to the free market price of the savedroid token. This will ensure that our service fee will stay attractive for all savedroid users over time, so, for example, a higher SVD price will eventually result in a lower service fee as quoted in savedroid token.

Savedroid Value
A total of 10 billion SVDs will be issued on the Ethereum blockchain using a smart contract. SVD will comply with the ERC205 standard and will be freely transferable on the Ethereum blockchain. Ethereum was the natural choice for this project due to its broad adoption and industry-standard for issuing custom digital assets. The compatibility with the ERC20 standard leverages upon the existing infrastructure advantages of the Ethereum ecosystem, namely in terms of development tools, wallets, exchanges, and human resource expertise.

savedroid will build a sustainable ecosystem for the crypto community that grows fast with the community and their network effects. Hence, a contribution to SVD is a contribution to the future of the savedroid ecosystem. Our deflationary mechanism creates intrinsic value and a relationship between our ecosystem growth and SVD value. The purpose is to mitigate the effects of earlier ICOs, in which the tokens had a large demand in the first months but which then flattened over time.

The Offered Crypto Services

  • Convenient crypto saving
    All offered crypto saving services, including savedroid’s self-learning AI saving algorithm, auto-conversion from fiat to crypto and vice versa, and secure wallet storage, can be purchased with SVD. The crypto saving will be available for a monthly base fee plus a percentage transaction fee for every conversion of fiat to cryptocurrencies and from cryptocurrencies to fiat.

  • Smart Saving and Spending in and across Cryptocurrencies
    These features include AI based switching of savings between cryptocurrencies and conveniently spending crypto savings to fulfill wishes at the preferred merchants. savedroid will charge a percentage transaction fee for smart crypto trading. The savedroid cryptocurrency credit card will be available for a monthly fixed fee.

  • Smart investments in cryptocurrency portfolios, derivatives, and ICOs
    All AI based crypto investing services, such as smart investments in risk-return optimized cryptocurrency portfolios, derivatives, and ICOs, will also be charged in SVD.

  • Exclusive Beta-Program and App-Features for ITS Participants
    Moreover, ITS participants will receive exclusive access to further privileges and premium features within the savedroid ecosystem free of charge: All savedroid token holders who have bought their SVD during our ITS may participate in savedroid’s beta program and benefit from new features first. Beta program participants will also have much stronger influence on the future development of the savedroid ecosystem by providing early feedback and having exclusive feedback channels directly to our development team.
    In addition, savedroid will also release premium app features exclusively to SVD owners, such as “ITS community only smooves” (automatic saving rules), limited crypto investment opportunities, fee discounts, and many more.

Savedroid ITS Dates
The savedroid ITS will be structured in two parts, starting with the Pre-Sale and followed by the Main Sale. The sale price for savedroid token during the ITS is fixed at 1 EUR = 100 SVD, whereas special Pre-Sale discounts will apply as outlined below. Hence, the price of SVD will fluctuate as measured in Bitcoin and Ethereum during the time of our ITS.

Starting from the 12th until the 26th of January 2018, we will offer 5% of all SVD (i.e. 5 million SVD) for purchase in a public Pre-Sale with a bonus of 30%. This means that each Pre-Sale participant will receive an extra 30% of the number of tokens he purchases on top for free, so if one buys 1,000 SVD he will receive a total of 1,300 SVD for the same purchase price.

From the 9th of February until the 9th of March 2018, we will offer an additional 55% of all SVDs for purchase by the public during our Main Sale (i.e., 5.5 billion SVD). In total we expect to sell a lower double-digit million amount of SVD.

The smart contract of the savedroid token will be published on GitHub in January. We will release further details on where to find the smart contract on our Website (ico.savedroid.com).

The SVD distribution ends officially on the 9th of March 2018. At this point in time, the sale agreement on the SVD between the ITS participant and savedroid will become legally effective and binding. The token distribution starts latest after the end of the Main Sale. At this point in time, all unsold SVD (out of the 6 billion SVD for sale) will be burned (or not minted in the first place) and after this point in time, the number of SVD will not increase from this effective number of SVD.

There will be no further tokens created after the Hard Cap is reached and the total amount of 10 billion SVD will not be exceeded in any case. We will not create any new number of SVDs after the savedroid ITS. All tokens for sale (see SVD Distribution below) that are not sold by the end of the distribution will be burned.

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SVD Token Distribution & Allocation

  • Token Distribution
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    60% of the maximum number of SVD will be offered for sale during the Pre-Sale and the

Main Sale. The remaining SVDs are reserved and will be distributed as follows:

10% will be reserved for community initiatives, business development, and expansion. 5% will be allocated for our bounty program for ITS participants. A further 10% will be retained for distribution among advisors, community managers, smart contract developers, and legal. The remaining 15% of SVDs will be distributed to savedroid’s early equity investors and the savedroid team as an incentive to ensure long-term alignment of interests and commitment to the savedroid ecosystem and, hence, the savedroid token and their future value.

  • Token Allocation
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Interested to Buy ?
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.

Roadmap of Savedroid
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Upgradable Roadmap
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More Information you can also visit this links :
Website : https://ico.savedroid.com/#top
Whitepaper : https://ico.savedroid.com/savedroid-ico-whitepaper.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=2578161
Facebook : https://web.facebook.com/savedroid/?_rdc=1&_rdr
Twitter : https://twitter.com/savedroidAG
Telegram : https://t.me/savedroid

Created by :
Username bitcointalk : trysetya11
Link profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1686500
Ethereum Wallet Address : 0x24F26311B28E86523DB5f34BbF69cb63f331D403

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