Savedroid $50 Million Exit Scam or a PR Stunt?
Savedroid, a smart investment opportunity ICO from Germany, has left numerous investors stunned after a surprising move by Yassin Hankir (CEO of Savedroid).
Apparently, Savedroid has pulled an Exit Scam, but some people still believe that this might be marketing or a PR stunt to raise awareness and get more attention. It wouldn’t surprise us if it were the first option.
Yassin Hankir posted a tweet showing him in an airport and later on a beach holding a bottle of beer. He wrote “Thanks guys! Over and out…#savedroidICO,” – a really “clear” message to all of his investors.
According to German based news outlets, Savedroid ICO raised around $50 million.
The social media accounts were still active at the time the tweet was posted, but then everything ceased. Telegram channel has been run over by bots spamming random links and numbers every second. One strange thing is that on the April 15 they’ve posted on social media that Savedroid is looking for a media marketing internship. Perhaps, it’s a marketing stunt, but a really bad one.
If these allegations appear true, Savedroid will be the latest startup to perform an exit scam after its ICO. Unfortunately, such actions have become rather common - the recent one being Bitcoin2Gen.
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Whatever happened Savedroid never passed my criteria for a good ICO. It never had a MVP. https://steemit.com/money/@crypticat/ninelives-of-icos
True, but still, this action further confirms that ICOs need some sort of regulation. And this guy posting selfies on a beach after running away with $50 million clearly has a death wish, haha.