savedroid ICO: Why professionals benefit from a simplification of the crypto world

savedroid
2 min readDec 21, 2017

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The Frankfurt fintech savedroid wants to radically simplify access to cryptocurrencies and, for this purpose, is starting an ICO. The project goes to the heart of digital currencies because the future of cryptos will depend on whether they are suitable for the mass market.

Despite the recent hype around Bitcoin, cryptocurrencies are still miles away from reaching the general population. Due to rapid gains, the topic has reached the headlines of TV news and daily newspapers. But for the vast majority of the population, Bitcoin and Co. are still a complete mystery.

If you take a closer look at the coverage, you can see that it is extremely one-sided and is characterized primarily by misunderstanding and skepticism. The wide range of cryptocurrencies out there is barely in the media. Instead, there is always talk about Bitcoin and the fact that this is a speculative bubble like with the Dutch tulip bulbs, which must soon pop. Or about the fact that Bitcoin is used primarily by shady characters for criminal business. Overall, you get the impression that cryptocurrencies must be some kind of contagious disease, which ordinary citizens should stay as far away from as possible.

That’s why the future of Blockchain and especially cryptocurrencies is quite crucially dependent on whether they will be accepted by the general population. The prerequisite for this is to simplify the currently complex access to cryptocurrencies. Anyone who wants to go into the crypto world today has to go through a maze. Find the right exchange, the right currency, the right wallet: these are obstacles that make it hard for newcomers to get started and prevent cryptocurrencies from being suitable for the masses. savedroid wants to change that. With a user interface that addresses exactly these problems, an investment in cryptocurrencies is as easy as a savings account.

Now, maybe the professionals will ask: what happens when the average Joe is suddenly buying cryptos? Wouldn’t the already existing problems of Blockchain get even worse?

From our point of view, the answer is: If you want cryptocurrencies to ever become a serious alternative to the central bank’s bloated fiat money system, you must make sure that digital currencies are accessible to everyone at all times.

Only with low barriers to entry, general availability and ease of use, will cryptos open up new audiences among the masses. This, in turn, creates fresh demand, which especially benefits those veterans who are familiar with cryptocurrency and who already have digital money.

The revolution of simplicity, which savedroid strives for, would take cryptos to a new level. This idea should appeal to anyone who wants a broad acceptance of cryptocurrencies and a real competition to state-controlled currencies. Join the savedroid ICO at ico.savedroid.com!

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