Saving and investing in crypto is going to get a whole lot easier thanks to a new offering from savedroid.
Savedroid is a popular German based app which makes it easier for people to save and invest.
The app allows users to set savings goals. Then users can set up automatic triggers which send a set amount of funds to savings whenever they are performed.
Savedroid incorporates AI technology which actually learns from the users habits and then suggests faster and easier ways of achieving their goals.
This popular app has been downloaded more than 200K times and has processed $10million in saving transactions.
Until now savedroid has been strictly for fiat currency. That’s about to change.
Following an Initial Token Sale (ITS) for the native SVD token used on savedroid, users will be able to save and invest cryptocurrencies.
The concept is to make saving and investing crypto on savedroid, as simple and smart as saving with fiat is at the moment.
If you are interested in participating in the Initial Token Sale (ITS), here are some of the most common question that you might have.
What is SVD?
SVD is an Ethereum based token which compiles with the ERC20 standard. It is a fully traceable cryptographic token.
How many SVD tokens will be created?
There will be 10 billion SVD tokens created.
How many SVD tokens are being offered for sale?
There will be 6 billion SVD tokens offered for sale during the ITS.
What is the price of SVD token?
SVD token will be priced at 1 EUR = 100 SVD tokens.
When does the ITS start?
There will be a presale which starts on the 12th of January and a main sale which starts on the 9th of February 2018.
What is the minimum cap for the sale?
There is a minimum cap for the sale of 50 million SVD. If this isn’t reached then funds will be returned.
How many SVD can one person buy?
One person can buy as little as 1000 SVD and as much as 10 million SVD.
Will SVD be traded on exchanges?
SVD will be transferable on the first day of trading. Savedroid plans to list SVD on cryptocurrency exchanges following the ITS>
Will any more SVD be created after the ITS?
No, once the ITS is complete, the number of SVD is fixed. No more SVD will ever be created following the ITS.
Where can you find more information about the ITS?
You can find out more information about the ITS by visiting:
savedroid website: https://ico.savedroid.com/
savedroid white paper: https://ico.savedroid.com/savedroid-ico-whitepaper.pdf