Review on savedroid by Othere Obtentus
Poor performance history
Savedroid aimed to create a smart User Experience, which conveniently auto-converts savings to cryptocurrencies, securely stores them, and makes them easily accessible, tradeable, and spendable. It was an innovative and promising concept but was not well received by the masses.
Market Status
Savedroid (SVD) is currently not trading in the market. It is currenlty trading on one active market with $0 traded over the last 24 hours. Its price has changed 0% over the last few days which concludes that it is inactive in the market.
Recent Activity
There has been no recent activities from the project. The ICO team is no longer actively contributing and developing the project. It is not that active in Twitter and besides insignificant announcements are are not any major updates . Its Telegram group is still managed by an admin but filled with unsatisfied investors who are looking for a way to sell their devalued tokens or just complaining about the high devaluation of the token.
Project Developments
Savedroid did have some major developments in its initial years like Upgrade to self-learning AI algorithm, launch of spend optimization, growth financing, 200K+ app downloads, 10M+ savings transactions and Self-learning AI algorithm enabling convenient cryptosaving, providing easy access without technological barriers. But it did not fulfill the promised developments in its roadmap for 2019 and 2020 and has been inactive in the recent years.
Investment Prospects
Looking at the earlier investors of Savedroid, it is clear that they regret making an investment in it. The project has grown irrelevant in the current market and highly devalued in past years. Its Return on Investment is -96% which shows that it has lost all its value and is completely worthless without any trading activity.
Pros
- None
Cons
- No active trades
- High devaluation over time
- No major developments made to the project
- Roadmap not completed
- Services not well received in the market
