Savedroid : AI-Based Cryptocurrency Savings Platform

What is Savedroid?

Savedroid is an application for Android and Apple smartphones which can be downloaded at the PlayStore or App Store. After the account is created, either via email, Facebook or Google, the application asks for bank account. To connect a user account with your account login information, checking for online banking application revealed. In the course of a confirmation of the GTC, mkamut SEPA direct debit also issued which allows the AG Savedroid raise money from your account and make it to the user.

Features Savedroid

Lots of service features provided by Savedroid platform to provide excellent service and satisfy its customers. This is what makes investors sure and many are willing to invest in this one prohect. What kind of service features do they provide? Here is the explanation below.

1. Savedroid will create an application that is easily accessible to all people, which can be downloaded and installed in various smartphones. This gives everyone the opportunity to enjoy their service and start joining the cryptocurrency community.

2. The Savedroid platform runs easily, simply and automatically so that everyone both new and old who join will easily understand and use their platform.

3. Applications installed on your mobile phone that you always bring wherever gives you the opportunity to make financial transactions as well as saving will be easy and promising to continue to add the purse – the coffers of your cryptocurrency wealth.

How does Savedroid work?

Basically everyone one of us have wishes. To one day buy a new smartphone, a new computer or even buy a new car. But in order to buy these products one have to save money. Putting aside money is not that easy, at least not for me. I personally tried to save money, but gave up on it after a short time, ending up using the money for other things. Savedroid has created an app, which connects saving money and your personal lifestyle. When successfully registered in the Savedroid app you can define your wish, let’s say buying a new smartphone for 500€. Now in order to reach those 500€, you can define certain events, also called “smoves” that puts aside money from your bank account. Let’s asume you want to reward yourself each time you are going to the gym and put 2€ aside. Or you can reward yourself each time you have successfully walked 3 km instead of taking the train. These activities can be easily and automatically be tracked through the savedroid app and your smartphone. So with this method you end up saving money without noticing it. Psychologically you end up beeing able to make your wishes come true. And over time as the savedroid AI learns more about you and your preferences, the app suggests you new personalized smooves to further optimize your savings, so you end up fulfilling your wish even faster. Shortly summarized, Savedroid enables the user to save money easily, automated and with an incentive to reward yourself when you do certain activities.

Industry

Financial-related activities have been around ever since the invention of money. Almost everyone living in advanced civilized countries has or are forced to have savings, so the market is definitely there for Savedroid to tackle. The growing demand and interest for cryptocurrencies further improve the market Savedroid is operating in. To match this growth of digital assets, Savedroid is launching their own token SVD, an ERC20 token on the Ethereum blockchain. The SVD token will be integrated into the Savedroid ecosystem, allowing for services to be paid with SVD. SVD tokens will also be to pay fees within the platform. Another feature implemented in the SVD token is a deflation mechanism, every time a fee is paid in SVD, a percentage of that transaction is burned. This causes the total supply of SVD tokens to continuously drop, potentially making the value of SVD rise. The flow of SVD tokens can be seen in this infographic made by the team.

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.

Financial Model

The model is based on a micro-economic model that simulates possible price developments of SVD on third party token exchanges. The model includes parameters for possible future prices and revenues of the savedroid crypto services, assumptions for ITS sales, sell pressure, and savedroid token burn percentage.

About the savedroid token economics, where the supply and demand model behind the forecasted SVD price development is explained in detail. In the charts below, we simulated a possible outcome to illustrate the functioning of the model.

Savedroid ICO:

Date of ICO: 09–02–2018 to 09–03–2018
Token acronym: SVD
Price of token: 100 SVD = 1 EUR
Platform: Ethereum
Currencies accepted: Euros, US dollars, BTC, ETH

Roadmap

Partner

savedroid has built a very strong ecosystem of renowned partners3, many of them leaders in their respective field of operations. With these partners, savedroid can not only offer the best services to its users but can also benefit from the reach, trust and reliance of its strong partners.

savedroid will release an all new feature in the next weeks that allows to convert savings in Amazon gift cards to get discounts on Amazon and thus realize wishes even earlier.