{"id":45938,"date":"2018-04-19T02:44:34","date_gmt":"2018-04-19T09:44:34","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=45938"},"modified":"2019-11-25T04:24:25","modified_gmt":"2019-11-25T04:24:25","slug":"savedroid-ico-rises-from-the-dead-after-founder-unveils-ico-advisory-service","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/savedroid-ico-rises-from-the-dead-after-founder-unveils-ico-advisory-service\/","title":{"rendered":"Savedroid ICO Rises from the Dead After Founder Unveils ICO Advisory Service"},"content":{"rendered":"<p>In what may be the industry's most daring publicity stunt, Germany-based\u00a0<a href=\"https:\/\/cryptoslate.com\/coins\/savedroid\/\">Savedroid's<\/a> supposed $50 million exit scam has made an astonishing U-turn.<\/p>\n<p><span style=\"font-size: 18px;\">Appearing as a $50 million Houdini act, Savedroid sparked a witch-hunt after vaporizing their website just 12 hours ago, leaving in its place what appeared to be a pointed <\/span><em style=\"font-size: 18px;\">&#8220;drop the mic&#8221;\u00a0\u00a0<\/em><span style=\"font-size: 18px;\">MEME:<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-45944 size-full aligncenter\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/04\/snip.jpg\" alt=\"\" width=\"788\" height=\"439\" \/><\/p>\n<figure id=\"attachment_25454\" aria-describedby=\"caption-attachment-25454\" style=\"width: 335px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-25454 \" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/01\/savedroid-small-cover.jpg\" alt=\"Savedroid\" width=\"335\" height=\"153\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/01\/savedroid-small-cover.jpg 482w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/01\/savedroid-small-cover-300x137.jpg 300w\" sizes=\"(max-width: 335px) 100vw, 335px\" \/><figcaption id=\"caption-attachment-25454\" class=\"wp-caption-text\"><a href=\"https:\/\/cryptoslate.com\/coins\/savedroid\/\">Savedroid<\/a> creates a unique AI-fueled ecosystem of crypto saving and investing for the masses.<\/figcaption><\/figure>\n<p>Perhaps an innocuous prank in another context, hearts leaped into throats as the gut-wrenching\u00a0notion of a $50 million exit scam spread like wildfire \u2014 publications launching an inquisition into the founder, Yassin Hankir.<\/p>\n<p><span style=\"font-size: 18px;\">As if to stamp out any possibility of innocence, Hankir Tweeted two photos alongside the fairly self-explanatory <em>&#8220;Over and out&#8230;&#8221;,<\/em>\u00a0indeed appearing to be disappearing into the sunset laden with investor's cash.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Thanks guys! Over and out &#8230; <a href=\"https:\/\/twitter.com\/hashtag\/savedroidICO?src=hash&ref_src=twsrc%5Etfw\">#savedroidICO<\/a> <a href=\"https:\/\/t.co\/PMRtjlbEdD\">pic.twitter.com\/PMRtjlbEdD<\/a><\/p>\n<p>&mdash; Yassin Hankir #savedroidico (@YassinHankir) <a href=\"https:\/\/twitter.com\/YassinHankir\/status\/986551967932735488?ref_src=twsrc%5Etfw\">April 18, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-45947 alignright\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/04\/snip-300x170.png\" alt=\"\" width=\"300\" height=\"170\" \/><\/p>\n<p><span style=\"font-size: 18px;\">Meanwhile, an <a href=\"https:\/\/cryptobriefing.com\/find-yassin-hankir-exit-scam-savedroid\/\">inquisition<\/a> led by Cryptobriefing mounted its counter-attack, having tracked Hankir's precise location on an Egyptian beach. Full of vitriol, the community fired up with a dreadful fury.<\/span><\/p>\n<h2>The Revival<\/h2>\n<p>Waiting just enough time to see the entire cryptosphere light up in rage, Hankir dropped the bombshell\u00a0<span style=\"font-size: 18px;\">\u2014\u00a0<\/span>proclaiming the entire saga as a pointed stunt to highlight the sheer vulnerability of ICO investors to such unethical acts.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">SAVEDROID WAS HERE, IS HERE AND WILL BE HERE!<br \/>After crazy 24h you for sure have many questions. We do owe you an explanation! Therefore our CEO <a href=\"https:\/\/twitter.com\/YassinHankir?ref_src=twsrc%5Etfw\">@YassinHankir<\/a> has recorded a personal message to resolve the situation. More info: <a href=\"https:\/\/t.co\/LA5BVeZffy\">https:\/\/t.co\/LA5BVeZffy<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/savedroidICO?src=hash&ref_src=twsrc%5Etfw\">#savedroidICO<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/savedroid?src=hash&ref_src=twsrc%5Etfw\">#savedroid<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/ICO?src=hash&ref_src=twsrc%5Etfw\">#ICO<\/a> <a href=\"https:\/\/t.co\/ITNx7uTHG3\">pic.twitter.com\/ITNx7uTHG3<\/a><\/p>\n<p>&mdash; savedroid AG (@savedroidAG) <a href=\"https:\/\/twitter.com\/savedroidAG\/status\/986873529986625536?ref_src=twsrc%5Etfw\">April 19, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Why did they do it?<\/h2>\n<p>The scam-turned-stunt is highly political in its intent, drawing attention to the trickery and\u00a0deceit plaguing the entire cryptocurrency industry. While ICOs have been celebrated for their inclusive qualities,\u00a0<a href=\"https:\/\/cryptoslate.com\/seven-key-signs-ico-scam\/\">ICO scams<\/a> have become a begrudged reality of the investment landscape.<\/p>\n<figure id=\"attachment_32630\" aria-describedby=\"caption-attachment-32630\" style=\"width: 300px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-32630\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/02\/ico-scams-push-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/02\/ico-scams-push-300x200.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/02\/ico-scams-push-768x512.jpg 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/02\/ico-scams-push.jpg 1000w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-32630\" class=\"wp-caption-text\">Related Story:\u00a0<a title=\"The Seven Key Signs of an ICO Scam\" href=\"https:\/\/cryptoslate.com\/seven-key-signs-ico-scam\/\">The Seven Key Signs of an ICO Scam<\/a><\/figcaption><\/figure>\n<p>Constructing credibility is by no means a difficult task in this day and age, giving devious artisans the opportunity to manipulate both the naive <em>and<\/em> the vigilant \u2014 and what could be more profitable a venture than a bogus ICO?<\/p>\n<p>Had it been authentic, <a href=\"https:\/\/cryptoslate.com\/coins\/savedroid\/\">Savedroid<\/a> did a masterful job at orchestrating this particular exit scam. They had it all: a populous community maintained by credible administrators, a fully transparent team\u00a0<span style=\"font-size: 18px;\">\u2014<\/span>complete with a Doctorate-wielding founder\u00a0<span style=\"font-size: 18px;\">\u2014\u00a0<\/span>not to mention a numerous collection of physical offices (the holy grail of legitimacy).<\/p>\n<p>Declaring his innocence and offering a full explanation, Hankir described the gag as a desperate plea for awareness.<\/p>\n<p><iframe loading=\"lazy\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/o5_bwFf_byo?feature=oembed\" frameborder=\"0\" allow=\"autoplay; encrypted-media\" allowfullscreen><\/iframe><\/p>\n<p>Dished up as a belated April Fool's joke on the domain\u00a0<a href=\"http:\/\/anditsg.one\">anditsg.one<\/a>, the daring stunt by <a href=\"https:\/\/cryptoslate.com\/coins\/savedroid\/\">Savedroid<\/a> would invariably have left Savedroid's reputation in tatters at best.<\/p>\n<p>Leaving investors and onlookers in mortal disbelief, the ordeal comes as a bone-shaking prophecy. While &#8220;<a href=\"https:\/\/cryptoslate.com\/category\/regulation\/\">regulation<\/a>&#8221; remains a four-letter word to most, <span style=\"font-size: 18px;\">Savedroid has done a magnificent job hammering the point home that\u00a0perhaps an ounce of government intervention would not go so amiss.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In what may be the industry&#8217;s most daring publicity stunt, Germany-based\u00a0Savedroid&#8217;s supposed $50 million exit scam has made an astonishing U-turn. Appearing as a $50 million Houdini act, Savedroid sparked a witch-hunt after vaporizing their website just 12 hours ago, leaving in its place what appeared to be a pointed &#8220;drop the mic&#8221;\u00a0\u00a0MEME: Perhaps an [&hellip;]<\/p>\n","protected":false},"author":175,"featured_media":45951,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Savedroid ICO Rises from the Dead After Founder Unveils ICO Advisory Service<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/savedroid-ico-rises-from-the-dead-after-founder-unveils-ico-advisory-service\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Savedroid ICO Rises from the Dead After Founder Unveils ICO Advisory Service\" \/>\n<meta property=\"og:description\" content=\"In what may be the industry&#039;s most daring publicity stunt, Germany-based\u00a0Savedroid&#039;s supposed $50 million exit scam has made an astonishing U-turn. 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