Anatol Galkina - Founder
Anatol is Solidity and Javascript coder and responsible within Savix for business development,
scientific background works as well as publications. He as a master degree in Physics and Mathematics
and can communicate somehow in several languages like English, French, German, Spanish and Indonesian.
Before founding Savix Anatol gathered business experience as start-up consultant and head of software development.
Michael Copper - Founder
Michael is an experienced senior developer with main focus on C#/.NET and Solidity. He has been
in crypto since the beginning and knows well the crypto scene. Within Savix Michael is responsible for contract
development, social media and strategic marketing..
Before founding Savix Michael gathered business experience as developer and software architect in numerous contexts
ranging from telecommunications to pindustry production.
Freelancers
As long as the official company running the Savix project has not been founded, the majority of everyday tasks will
be carried out by freelancers. The applies to marketing activities as well as to community work, IT services and standard coding tasks.
Team Story
In spring 2020, while the Corona pandemic had led to the first lockdown in Europe, Anatol and Michael had first discussions
about the future of Ethereum and what significance staking has within the Ethereum ecosystem. Discussing the profit opportunities
of users participating in staking pools the question arose, if there couldn't be a way of generating staking rewards similarly,
but avoiding the drawbacks pool-based staking brings, eg dependency on the pool operator, locking of tokens, not transparent reward
calculation etc. You can find more information about Ethereum and Savix staking here. Savix’ two founders decided to try it out and
developed a new kind a staking mechanics integrated into the ERC20 smart contract: Protocol Based Staking! This was the starting point
for Savix! The development of mathematics and the first version of Savix' smart contract took another 4-6 months still. The name Savix
is derived from the term "Savings Book" due to Savix' analogy of offering predefined and transparent interest rates for its holders.
Legal Background and Team Visibility
We designed Savix to be a currency token in order to avoid problems with regulation authorities. As soon as a token might be considered a security regulative issues become more complex. Unfortunately it can happen years after a token had been issued to the public that sudden legal decisions can have impact on tokens that have already existed long before the decisions is made. This leads to a huge legal insecurity for all members of a team creating innovative new DeFi products.
In the long run we hope to be able to get a better insight into the legal aspects of Savix, especially with help of internationally experienced lawyers. But this takes a lot of time and money. Therefore members of the Savix team will not publish their personal data at the moment and stay officially incognito using pseudonyms.
We are in the process of founding a legal entity, most likely a company which will take on all rights and responsibilities for Savix. As soon as the legal situation could be clarified our guideline for team members to stay incognito will thought over again.
