savedroid ICO — what plans there are in store for crypto saving and crypto services

savedroid
3 min readJan 24, 2018

After the successful pre sale, the main token sale of German Fintech savedroid is about to kick off soon. The company will use the proceeds to set up a platform, which will radically simplify access to cryptocurrencies for everyone. Here’s how the plans look in detail.

As described in earlier postings, savedroid has already built a successful and award-winning platform that turns users’ everyday activities into automated savings by using simple “if-this-then-that-rules”, called smooves. The challenge now is to expand and translate this existing offering into the crypto world to enable smart and convenient crypto saving and investing.

In order to eliminate the adoption barriers and make cryptocurrencies accessible for everyone, savedroid will provide all the tools necessary for its users: tools to purchase cryptocurrencies, to store cryptocurrencies, to spend cryptocurrencies, and to invest in cryptocurrencies. Of course, the popular smooves will also be available so that users can not only save automatically in fiat money but directly in cryptocurrencies without any further hassle.

Convenient crypto saving

savedroid will extend its proven self-learning AI saving algorithm from fiat to cryptocurrencies. App users will not have to worry about selecting and registering at a crypto exchange, selecting and maintaining a compatible wallet, or handling private keys. After registering in the savedroid app, users can start saving in cryptocurrencies (Bitcoin, Ethereum, and many other Altcoins) right away. They will automatically receive a virtual, fully secured wallet and all fiat funds will be converted magically in the background to the selected cryptocurrency.

The crypto saving targets all current savedroid users and young to middle-age mobile app users who would like to start with cryptocurrencies and who value a great user experience (UX) over a large set of customization options or technical details. So savedroid will eliminate all currently existing technological adoption barriers and will finally provide typical mass market users — like its existing user base — with easy access to cryptocurrencies.

Smart saving and spending in and across cryptocurrencies

savedroid’s self-learning AI algorithm will enable users to smartly switch their savings between cryptocurrencies and to also conveniently spend their crypto savings to fulfill their desired wishes at their preferred merchants. Users can, therefore, trade cryptocurrencies at their fingertips without the need to worry about cumbersome crypto exchange orders or outrageous bid-ask spreads.

The goal is to build an ecosystem where users can swap cryptocurrencies within the savedroid community at the lowest cost and with the best user experience available. Also, to make it easier to spend cryptocurrencies in shops that do not yet offer payment in cryptocurrencies, savedroid will offer its users a credit card, the “cryptocurrency credit card”, from a major card scheme, to purchase their wishes. This will significantly extend the functionalities of savedroid’s existing fiat credit card. Whenever the user makes a purchase with the cryptocurrency credit card, his cryptocurrencies will be auto-converted to fiat and transferred to the merchant.

The easy crypto trading as well as the cryptocurrency credit card can also be connected to users’ external wallets and is thus open for a much broader audience. Hence, both

the crypto trading and the cryptocurrency credit card do not only target the savedroid crypto saving users but also more experienced cryptocurrency users.

Join savedroid in democratizing the world of cryptocurrencies!

--

--