Difference between revisions of "Savedroid"

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  | name            = savedroid AG
 
  | name            = savedroid AG
 
  | company_type    = [[Public company|Public]]
 
  | company_type    = [[Public company|Public]]
  | logo            =  
+
  | logo            = Savedroid.png
 
  | foundation      = {{start date and age|2015|09}}
 
  | foundation      = {{start date and age|2015|09}}
 
  | location        = [[Frankfurt]], Germany
 
  | location        = [[Frankfurt]], Germany
  | founder          = Yassin Hankir ([[Chief Executive Officer|CEO]])<ref name="savedroid Executive Officers">{{cite news|title=savedroid: About Us|url= https://www.savedroid.com/about-us/:US-coinbase-inc|publisher=savedroid AG|work=savedroid|accessdate=December 6, 2018}}</ref><br /> Tobias Zander ([[Chief Technology Officer|CTO]])<ref name="savedroid Executive Officers"/><br /> Joachim V Brockmann ([[Chief Operating Officer|COO]])<ref name="savedroid Executive Officers"/>
+
  | founder          = Yassin Hankir ([[Chief Executive Officer|CEO]])<ref name="savedroid Executive Officers">{{cite news|title=savedroid: About Us|url= https://www.savedroid.com/about-us/:US-coinbase-inc|publisher=savedroid AG|work=savedroid|accessdate=December 6, 2018}}</ref><br /> Tobias Zander ([[Chief Technology Officer|CTO]])<ref name="savedroid Executive Officers"/><br /> Joachim Brockmann ([[Chief Operating Officer|COO]])<ref name="savedroid Executive Officers"/>
  | key_people      = Yassin Hankir<br /> Dr. Danko Nikolic ([[Chief Development Officer|CDO]] & Head of AI)<ref name="savedroid Executive Officers"/>
+
  | key_people      = Yassin Hankir ([[Chief Executive Officer|CEO]])<ref name="savedroid Executive Officers"/><br /> Prof. Danko Nikolic ([[Chief Data Officer|CDO]] & Head of AI)<ref name="savedroid Executive Officers"/>
 
  | num_employees    = 30 (2019)<ref name=" savedroid Executive Officers"/>
 
  | num_employees    = 30 (2019)<ref name=" savedroid Executive Officers"/>
 
  | url              = {{url|https://www.savedroid.com}}
 
  | url              = {{url|https://www.savedroid.com}}
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== History ==
 
== History ==
savedroid was founded in September 2015 by Yassin Hankir and Tobias Zander. Since then there has been a rebranding and savedroid has received the Best FinTech Startup of the Year 2017.<ref>{{cite web|url=https://ico.savedroid.com/|title=savedroid ICO |website=savedroid ICO|accessdate=December 6, 2019}}</ref> Their motto is to democratize the use of cryptocurrencies and they have been working with the aim to “bring personal piggy bank savings into the modern world”.<ref>{{Cite news|url=https://www.cutoday.info/Fresh-Today/App-That-Includes-Cryptocurrencies-Aims-to-Bring-Personal-Piggy-Bank-Savings-into-the-Real-World|title=App That Includes Cryptocurrencies Aims to ‘Bring Personal Piggy Bank Savings into the Real World’|last=|first=|date=August 8, 2019|work=CUtoday|access-date=December 6, 2019|language=en-US}}</ref><ref name="Savedroid (SVD) ICO Review – ICO Token News">{{Cite news|url=https://icotokennews.com/icos/savedroid/|title=Savedroid (SVD) ICO Review – ICO Token News|last=|first=|date=|work=ICO Token News|access-date=December 6, 2019|language=en-US}}</ref>savedroid is one of the pioneers in the fintech space working to eliminate existing crypto adoption barriers while reshaping the experience of savings and cryptocurrencies, simplifying the process for the average consumer.<ref name="Yassin Hankir, founder and CEO of savedroid, will speak at our EU-Startups Summit">{{Cite news|url=https://www.eu-startups.com/2019/03/yassin-hankir-founder-and-ceo-of-savedroid-will-speak-at-our-eu-startups-summit-on-may-2-3-in-barcelona/|title=Yassin Hankir, founder and CEO of savedroid, will speak at our EU-Startups Summit on May 2-3 in Barcelona!|last=|first=|date=March 18, 2019|work=EU-Startups.com|access-date=December 6, 2019|language=en-US}}</ref><ref name="What savedroid crypto savings app does for you.">{{Cite news|url=https://www.publish0x.com/savedroid-cryptocurrency-savings-app/what-savedroid-crypto-savings-app-does-you-xqvvrl|title=What savedroid crypto savings app does for you.|last=|first=|date=|work=Publish0x|access-date=December 6, 2019|language=en-US}}</ref><ref name="Yassin Hankir on savedroid's ICO and the future of cryptocurrencies">{{Cite news|url=https://open.spotify.com/episode/49jvK5iIrlLRVwlIJifxgn|title=Yassin Hankir on savedroid's ICO and the future of cryptocurrencies|last=|first=|date=|work=Spotify|access-date=December 6, 2019|language=en-US}}</ref>
+
savedroid was founded in September 2015 by Yassin Hankir and Tobias Zander. Since then there has been a rebranding and savedroid has received the Best FinTech Startup of the Year 2017.<ref>{{cite web|url=https://ico.savedroid.com/|title=savedroid ICO |website=savedroid ICO|accessdate=December 6, 2019}}</ref> Their motto is to democratize the use of cryptocurrencies and they have been working with the aim to “bring personal piggy bank savings into the modern world”.<ref>{{Cite news|url=https://www.cutoday.info/Fresh-Today/App-That-Includes-Cryptocurrencies-Aims-to-Bring-Personal-Piggy-Bank-Savings-into-the-Real-World|title=App That Includes Cryptocurrencies Aims to ‘Bring Personal Piggy Bank Savings into the Real World’|last=|first=|date=August 8, 2019|work=CUtoday|access-date=December 6, 2019|language=en-US}}</ref><ref name="Savedroid (SVD) ICO Review – ICO Token News">{{Cite news|url=https://icotokennews.com/icos/savedroid/|title=Savedroid (SVD) ICO Review – ICO Token News|last=|first=|work=ICO Token News|access-date=December 6, 2019|language=en-US}}</ref> savedroid is one of the pioneers in the fintech space working to eliminate existing crypto adoption barriers while reshaping the experience of savings and cryptocurrencies, simplifying the process for the average consumer.<ref name="Yassin Hankir, founder and CEO of savedroid, will speak at our EU-Startups Summit">{{Cite news|url=https://www.eu-startups.com/2019/03/yassin-hankir-founder-and-ceo-of-savedroid-will-speak-at-our-eu-startups-summit-on-may-2-3-in-barcelona/|title=Yassin Hankir, founder and CEO of savedroid, will speak at our EU-Startups Summit on May 2-3 in Barcelona!|last=|first=|date=March 18, 2019|work=EU-Startups.com|access-date=December 6, 2019|language=en-US}}</ref><ref name="What savedroid crypto savings app does for you.">{{Cite news|url=https://www.publish0x.com/savedroid-cryptocurrency-savings-app/what-savedroid-crypto-savings-app-does-you-xqvvrl|title=What savedroid crypto savings app does for you.|last=|first=|work=Publish0x|access-date=December 6, 2019|language=en-US}}</ref><ref name="Yassin Hankir on savedroid's ICO and the future of cryptocurrencies">{{Cite news|url=https://open.spotify.com/episode/49jvK5iIrlLRVwlIJifxgn|title=Yassin Hankir on savedroid's ICO and the future of cryptocurrencies|last=|first=|work=Spotify|access-date=December 6, 2019|language=en-US}}</ref>
  
 
== Products ==
 
== Products ==
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== Criticism ==
 
== Criticism ==
In April 2018, savedroid pulled a poorly thought-out PR stunt. They have staged an exit scam with the objective to "bring the limelight back to the vital issue" — ICOs need to be better regulated, and investors need to be smarter and more cautious about investing in them. The whole situation unfolded after the savedroid website suddenly went down and then CEO Yassin Hankir thought it would be a good idea to punk his Twitter following by convincing investors that the startup is pulling an exit scam. “Thanks guys,” he wrote. “Over and out,” he continued. It didn’t take long until this stunt picked up and became viral.
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In April 2018, savedroid pulled a controversial PR stunt as they appeared to perform an exit scam following their ICO.<ref>{{Cite news|url=https://thenextweb.com/hardfork/2018/04/19/savedroid-ico-not-gone/|title=Savedroid ICO’s exit scam was actually a very dumb PR stunt|last=Varshney|first=Neer|date=April 19, 2018|work=The Next Web|access-date=December 6, 2019|language=en-US}}</ref> It began when the company replaced their website with an infamous “Aannnd It’s Gone” South Park meme, followed by the CEO Yassin Hankir posting on his personal Twitter “Thanks guys” “Over and out”, and finally by removing all admins from their Telegram channels.<ref>{{Cite news|url=https://www.praetoriangroup.io/german-ico-savedroid-fakes-exit-scam/|title=German ICO “Savedroid” Fakes Exit Scam in Alleged PR Stunt|last=|first=|date=April 20, 2018|work=The Praetorian Group|access-date=December 6, 2019|language=en-US}}</ref><ref>{{Cite news|url=https://cryptonews.com/news/savedroid-s-exit-scam-was-a-pr-stunt-1615.htm|title=Savedroid’s Exit Scam Was a PR Stunt|last=|first=|date=April 19, 2018|work=Cryptonews|access-date=December 6, 2019|language=en-US}}</ref><ref name="NewsBTC">{{Cite news|url=https://www.newsbtc.com/2018/04/20/savedroid-fakes-50-million-ico-exit-scam-community-outraged/|title=Savedroid Fakes $50 Million ICO Exit Scam, Community Outraged|last=|first=|work=NewsBTC|access-date=December 6, 2019|language=en-US}}</ref><ref>{{Cite news|url=https://www.gruenderszene.de/business/exit-scam-savedroid-hack?interstitial|title=Hack, ICO-Betrug, PR-Stunt: Was ist bei Savedroid los?|last=|first=|date=April 18, 2018|work=Gründerszene|access-date=December 6, 2019|language=en-US}}</ref><ref>{{Cite news|url=https://paymentandbanking.com/warum-der-pr-stunt-um-den-savedroid-ico-nicht-das-problem-ist/|title=Warum der PR Stunt um den Savedroid ICO nicht das Problem ist|last=|first=|date=April 25, 2018|work=Payment and Banking|access-date=December 6, 2019|language=en-US}}</ref><ref>{{Cite news|url=https://www.ccn.com/over-and-out-savedroid-ico-makes-apparent-exit-scam/|title=‘Over and Out’: $50 Million Savedroid ICO Makes Apparent Exit Scam|last=|first=|date=April 18, 2018|work=CCN|access-date=December 6, 2019|language=en-US}}</ref><ref>{{Cite news|url=https://techcrunch.com/2018/04/18/another-day-another-50-million-ico-exit-scam/|title=Another day, another $50 million ICO exit scam|last=|first=|date=April 18, 2018|work=TechCrunch|access-date=December 6, 2019|language=en-US}}</ref> The community and the investors were in a panic and angry when they thought their money was gone, and even though savedroid wanted to raise awareness regarding ICOs, this could have ended up a lot worse than it did considering the amount of money some people thought they had lost.<ref>{{Cite news|url=https://www.computerbild.de/artikel/cb-News-Internet-Savedroid-Exit-Scam-PR-Stunt-21541923.html|title=Savedroid: Machte sich der Gründer mit Millionen davon?|last=|first=|date=April 19, 2018|work=Computer Bild|access-date=December 6, 2019|language=en-US}}</ref><ref>{{Cite news|url=https://adage.com/article/digital/a-cryptocurrency-startup-s-joik-throws-investors-a-panic/313207|title='And it's gone': A Cryptocurrency Startup's Joke Throws Investors Into A Panic|last=|first=|date=April 19, 2018|work=AdAge|access-date=December 6, 2019|language=en-US}}</ref><ref>{{Cite news|url=https://medium.com/swlh/savedroid-a-blockchain-pr-stunt-gone-wrong-cd7fafa31931|title=Savedroid — a Blockchain PR stunt gone wrong|last=Grasmann|first=Stefan|date=April 19, 2018|work=Medium: The Startup|access-date=December 6, 2019|language=en-US}}</ref>
 +
 
 +
“Very bad idea for a fintech to make fun of investors. All trust gone, can never trust again,” wrote @CryptoCharge in reaction to a video savedroid founder Yassin Hankir posted Thursday, saying, "We are still here, not gone and, actually, never gone."<ref>{{Cite news|url=https://www.youtube.com/watch?v=o5_bwFf_byo|title=And it's NOT gone|last=|first=|date=April 19, 2018|work=YouTube|access-date=December 6, 2019|language=en-US}}</ref> It didn’t take long until the stunt picked up and became viral.
  
 
== See also ==
 
== See also ==
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== References ==
 
== References ==
{{Reflist|2}}
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{{Reflist}}
  
 
== External links ==
 
== External links ==

Latest revision as of 07:03, 14 December 2019

This article was considered for deletion at Wikipedia on December 6 2019. This is a backup of Wikipedia:Savedroid. All of its AfDs can be found at Wikipedia:Special:PrefixIndex/Wikipedia:Articles_for_deletion/Savedroid, the first at Wikipedia:Wikipedia:Articles_for_deletion/Savedroid. Purge

Original short description: "Digital asset exchange company"

Template:Use mdy dates Template:Infobox dot-com company

savedroid AG, stylized as savedroid (all lowercase), is a German-based developer specialized in blockchain and cryptocurrency solutions. They have a wide range of product offerings encompassing B2C and B2B, with the highlight on 2 financial management apps, artificial intelligence (AI), cryptocurrency and traditional currency payment solutions. savedroid has offices in Mainz and Frankfurt, where the bulk of its operations are based. The company currently employs over 30 people and operates worldwide.

History

savedroid was founded in September 2015 by Yassin Hankir and Tobias Zander. Since then there has been a rebranding and savedroid has received the Best FinTech Startup of the Year 2017.[1] Their motto is to democratize the use of cryptocurrencies and they have been working with the aim to “bring personal piggy bank savings into the modern world”.[2][3] savedroid is one of the pioneers in the fintech space working to eliminate existing crypto adoption barriers while reshaping the experience of savings and cryptocurrencies, simplifying the process for the average consumer.[4][5][6]

Products

savedroid has several main products: a traditional currency savings app available only in Germany and a cryptocurrency savings app available globally. savedroid uses Bitcoin, Litecoin, Bitcoin Cash, Ethereum, and fiat currency. In addition, they market their AI and cryptocurrency payment solutions to other companies with an interest in the crypto space. [4][5][6][3]

Criticism

In April 2018, savedroid pulled a controversial PR stunt as they appeared to perform an exit scam following their ICO.[7] It began when the company replaced their website with an infamous “Aannnd It’s Gone” South Park meme, followed by the CEO Yassin Hankir posting on his personal Twitter “Thanks guys” “Over and out”, and finally by removing all admins from their Telegram channels.[8][9][10][11][12][13][14] The community and the investors were in a panic and angry when they thought their money was gone, and even though savedroid wanted to raise awareness regarding ICOs, this could have ended up a lot worse than it did considering the amount of money some people thought they had lost.[15][16][17]

“Very bad idea for a fintech to make fun of investors. All trust gone, can never trust again,” wrote @CryptoCharge in reaction to a video savedroid founder Yassin Hankir posted Thursday, saying, "We are still here, not gone and, actually, never gone."[18] It didn’t take long until the stunt picked up and became viral.

See also

References

  1. "savedroid ICO". https://ico.savedroid.com/. Retrieved December 6, 2019. 
  2. "App That Includes Cryptocurrencies Aims to ‘Bring Personal Piggy Bank Savings into the Real World’" (in en-US). CUtoday. August 8, 2019. https://www.cutoday.info/Fresh-Today/App-That-Includes-Cryptocurrencies-Aims-to-Bring-Personal-Piggy-Bank-Savings-into-the-Real-World. 
  3. 3.0 3.1 "Savedroid (SVD) ICO Review – ICO Token News" (in en-US). ICO Token News. https://icotokennews.com/icos/savedroid/. 
  4. 4.0 4.1 "Yassin Hankir, founder and CEO of savedroid, will speak at our EU-Startups Summit on May 2-3 in Barcelona!" (in en-US). EU-Startups.com. March 18, 2019. https://www.eu-startups.com/2019/03/yassin-hankir-founder-and-ceo-of-savedroid-will-speak-at-our-eu-startups-summit-on-may-2-3-in-barcelona/. 
  5. 5.0 5.1 "What savedroid crypto savings app does for you." (in en-US). Publish0x. https://www.publish0x.com/savedroid-cryptocurrency-savings-app/what-savedroid-crypto-savings-app-does-you-xqvvrl. 
  6. 6.0 6.1 "Yassin Hankir on savedroid's ICO and the future of cryptocurrencies" (in en-US). Spotify. https://open.spotify.com/episode/49jvK5iIrlLRVwlIJifxgn. 
  7. Varshney, Neer (April 19, 2018). "Savedroid ICO’s exit scam was actually a very dumb PR stunt" (in en-US). The Next Web. https://thenextweb.com/hardfork/2018/04/19/savedroid-ico-not-gone/. 
  8. "German ICO “Savedroid” Fakes Exit Scam in Alleged PR Stunt" (in en-US). The Praetorian Group. April 20, 2018. https://www.praetoriangroup.io/german-ico-savedroid-fakes-exit-scam/. 
  9. "Savedroid’s Exit Scam Was a PR Stunt" (in en-US). Cryptonews. April 19, 2018. https://cryptonews.com/news/savedroid-s-exit-scam-was-a-pr-stunt-1615.htm. 
  10. "Savedroid Fakes $50 Million ICO Exit Scam, Community Outraged" (in en-US). NewsBTC. https://www.newsbtc.com/2018/04/20/savedroid-fakes-50-million-ico-exit-scam-community-outraged/. 
  11. "Hack, ICO-Betrug, PR-Stunt: Was ist bei Savedroid los?" (in en-US). Gründerszene. April 18, 2018. https://www.gruenderszene.de/business/exit-scam-savedroid-hack?interstitial. 
  12. "Warum der PR Stunt um den Savedroid ICO nicht das Problem ist" (in en-US). Payment and Banking. April 25, 2018. https://paymentandbanking.com/warum-der-pr-stunt-um-den-savedroid-ico-nicht-das-problem-ist/. 
  13. "‘Over and Out’: $50 Million Savedroid ICO Makes Apparent Exit Scam" (in en-US). CCN. April 18, 2018. https://www.ccn.com/over-and-out-savedroid-ico-makes-apparent-exit-scam/. 
  14. "Another day, another $50 million ICO exit scam" (in en-US). TechCrunch. April 18, 2018. https://techcrunch.com/2018/04/18/another-day-another-50-million-ico-exit-scam/. 
  15. "Savedroid: Machte sich der Gründer mit Millionen davon?" (in en-US). Computer Bild. April 19, 2018. https://www.computerbild.de/artikel/cb-News-Internet-Savedroid-Exit-Scam-PR-Stunt-21541923.html. 
  16. "'And it's gone': A Cryptocurrency Startup's Joke Throws Investors Into A Panic" (in en-US). AdAge. April 19, 2018. https://adage.com/article/digital/a-cryptocurrency-startup-s-joik-throws-investors-a-panic/313207. 
  17. Grasmann, Stefan (April 19, 2018). "Savedroid — a Blockchain PR stunt gone wrong" (in en-US). Medium: The Startup. https://medium.com/swlh/savedroid-a-blockchain-pr-stunt-gone-wrong-cd7fafa31931. 
  18. "And it's NOT gone" (in en-US). YouTube. April 19, 2018. https://www.youtube.com/watch?v=o5_bwFf_byo. 

External links

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Yay. This is how Deletionpedia v2 got started. Guaka (talk) wanted to rescue some Wikipedia articles for Coinwiki.