As a relative newbie to the cryptocurrency world (been in for a couple of months), I'm constantly looking for ways to improve my returns. I now have a portfolio of long term holds made up of coins like Ripple, Stellar and Experience Points (XP). I got some XP because it's cheap and I believe it has potential, time will tell.
Despite these coins I still feel that I need to find coins that have a big upswing potential. This has led me to look at Initial Coin Offerings (ICO's) and after a couple of weeks I've invested in Savedroid.
What is Savedroid? According to their site:
Users profit from easy access to smart Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin, IOTA, Dash etc. savings plans, and superior crypto investment opportunities, such as portfolios, futures, and ICOs, without any technological adoption barriers. savedroid leverages its existing core assets of self-learning AI technology and great User Experience, based on maximum simplification and emotional gamification, to deliver this exceptional value proposition. We are the 1st German ICO driving crypto inclusion. Join us in making the crypto world accessible for the masses.
Give power to the people!
Savedroid's Whitepaper and One Page Summary can be found on their home page: https://ico.savedroid.com/
The next port of call was to check out how Savedroid was seen by ICO ranking sites:
ICOBench gives Savedroid 4/5, you can see their review here - https://icobench.com/ico/savedroid
ICOHolder gives Savedroid 4.27/5, you can see their review here - https://icoholder.com/en/savedroid-17375
WiserICO gives Savedroid 4.8/5, you can see their review here - https://icobench.com/ico/savedroid
TrackICO gives Savedroid 4.8/5, you can see the review here - https://www.trackico.io/ico/savedroid/
One of the things I like about Savedroid is that it already has a product on the market. Their app has been downloaded over 200,000 times and is available on Google Play, rated at 4.2/5, here - https://play.google.com/store/apps/details?id=de.savedroid
and on the Apple Store, rated at 4.4/5, here - https://itunes.apple.com/de/app/savedroid/id1155426185
This gives me the confidence that they do have a product.
Savedroid also has some strategic partnerships, Deutsche Börse FinTech Hub and Wirecard credit cards to name a couple.
The pre-listing price is 1 Euro for 100 Savedroid tokens. They predict that by the end of 2022 100 tokens will be worth 9 Euros. This makes Savedroid a long-term prospect, although nobody can predict for sure what the price will be. One problem with Savedroid is that there will be 10 billion tokens, of which 6 billion are being sold in the ICO. This large number of tokens can suppress value, although Savedroid will burn any unsold tokens at the end of the pre-sale.
Savedroid also has a bounty available for any referrals a person makes. You can learn more about Savedroid here: https://ico.savedroid.com/?ref=3ad6cbfa-2401-4c09-919c-005b59aaa16c
This is my link so if you do invest in Savedroid I will get tokens as a reward.
If you have any recommendations for an ICO coin please leave a comment.
Please note that this article is not invest advice. You should do your own research before investing in any cryptocurrency. Good luck with your cryptocurrency investing.