Savedroid Back Online: “Exit Scam” To Send A Message

Savedroid ICO pulls an "Exit Scam" PR stunt to send a message to the investor community. The fear of ICO companies taking their investors money and making a run with it is looming over every investor. Will this PR stun hurt Savedroid reputation in the future or will it foster a healthy discussion?

Steven Steel

Steven Steel

April 19, 2018 2:27 PM

Savedroid Back Online: “Exit Scam” To Send A Message

Earlier this morning, investors were befuddled as they were confronted with a single image when they tried to access savedroid’s official website. Everything was gone – there was no countdown clock, no “Tokens Sold” counter, even the familiar face of the CEO Yassin Hankir has disappeared. All that was left was a meme from South Park:


Cries of “exit scam” flooded the internet, with huge online publications like TechCrunch, CCN, and CoinTelegraph covering the news.

However, just a few minutes ago, savedroid’s official website went back online.

CEO Yassin Hankir: The ICO World Is Full of Scams

If you visit savedroid’s official website now, you will be greeted with a pop-up titled “And It’s Not Gone”, with a subtitle below it that reads “savedroid was here, is here, and will be here. Aaand savedroid is all in for establishing high quality ICO standards.”

Below the words, was a video of savedroid CEO Yassin Hankir giving a statement addressing what appears to be the craziest PR stunt in crypto history:

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Hankir starts off by apologizing for the PR stunt – shutting down the Telegram channels, abandoning their offices, replacing their website with a South Park meme etc. Then, he proceeds to present a “very important, very serious message:”

“If we look at this [crypto] market…we see that there is so much scam happening – scam from the beginning to the very end of an ICO, exit scams all over the place, and I believe what we’ve seen so far is just the tip of the iceberg.”


Hankir acknowledges that ICOs are a really innovative and effective way for small startups to raise funds for their business ventures, and that these scams in the crypto world are “endangering” this golden opportunity. He also mentioned that proper regulation is important to reduce the chances of these scams happening in the future:

“We need to establish high-quality ICO standards in order to have a good future for the ICO market to be a relevant financing tool for innovative, successful and trustworthy startups in the future”.


Savedroid’s Role In Creating A Safer Future For The World of ICOs

According to Hankir, savedroid will be partnering with regulatory bodies to share their knowledge about ICOs by discussing how a sustaining regulation that is “practical and viable” can be implemented. They will also be creating an ICO checklist that is easily accessible for investors to review any ICOs and come to an informed decision about the trustworthiness of that ICO.

Savedroid will also be offering professional ICO advice to stratups that comply with the ICO checklist and share their insights with them to build a valuable token model and have a successful token sale.

Steven Steel
Article By

Steven Steel

Steven Steel is an award-winning novelist, blogger, and entrepreneur. He is currently the Content Manager at the cryptocurrency blog, CryptoTicker. He is also in charge of community management for Paranoid Internet, the leading marketing and consulting agency in Germany.

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