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Topic: [ANN] [ICO] SIRIN LABS ICO - Secure Blockchain Consumer Electronics - page 22. (Read 166761 times)

full member
Activity: 252
Merit: 100
I still don't understand why investors should vote and spend their money!! The company itself must buy a listing on the stock exchange.
On the ICO project collected a lot of money and it seemed to me global and promising. But with the listing something is not very good
hero member
Activity: 854
Merit: 500
I still don't understand why investors should vote and spend their money!! The company itself must buy a listing on the stock exchange.
newbie
Activity: 280
Merit: 0
I don't think so that would be possible as the resource sharing feature which is currently been explored further would be for 2 Finney devices to interact with each other and share the resources between the 2 devices so it would not be same in case of a regular hardware wallet and a Finney device.
member
Activity: 322
Merit: 10
I participated in the bounty on bancor but when i goto login it seems like it's forgotten me. is there anyway to check if my contributions were correctly done or is it too late?
legendary
Activity: 1652
Merit: 1007
SRN itself still has no blockchain ecosystem by itself, so how would it effect SRN holders?

The answer to your inquiry is found on the previous page:
 
What will be to use of the srn token once the phiny release? Beside buying the phone

Aside from purchasing the phone itself, SRN will be used as the currency within the SIRIN LABS ecosystem through the SIRIN OS. Additionally, any OEM using the SIRIN OS will be required to maintain the SRN as the currency.

So, simply put, for any phone running SIRIN OS, all blockchain transactions through the phone itself (e.g. the DApp store, or monetized phone resources through the secure P2P connections) will require use of the SRN.

FYI: The success of iPhone and Android phones lies in their app stores. Finney will use SRN for their app store. (fomo idea)
hero member
Activity: 827
Merit: 502
SRN itself still has no blockchain ecosystem by itself, so how would it effect SRN holders?
member
Activity: 266
Merit: 10
Is the finney phone be able to become always the newest updates and patches from google? Because this is a big problem from android phones to become direct the newest updates and patches!
We plan to release monthly patches to stay up to date for security, as we did with Solarin. Additionally, if a major flaw should be discovered, as happened with Apple, we will have a patch out as soon as possible, like any other major phone manufacturer.
member
Activity: 294
Merit: 11
Is the finney phone be able to become always the newest updates and patches from google? Because this is a big problem from android phones to become direct the newest updates and patches!
member
Activity: 322
Merit: 10
Token price is one thing that we have absolutely no control on as market controls that hence we can't comment on what the token price will be in future as well. However, when our product line will start being released. SRN being a utility token, will be in a better position to express it's value after the ecosystem we've built for it is in place.
member
Activity: 322
Merit: 10
You don't have the buying option yet as the Finney is still in development phase and hence on preorder and scheduled to be released in H2 2018 however, It is a deposit of 50 SRN required to pre-order a Finney.
member
Activity: 294
Merit: 11
The price of the phone is set at the equivalent of ~$999 USD, payable in SRN. When the phone is released, the price in SRN will be dictated by the exchange rate then, not now. You pay a pre-order deposit of 50 SRN. $999 USD price tag is excluding taxes and shipping and irrespective of where you buy from the price of the phone remains the same however, the tax and shipping charge might change.
member
Activity: 266
Merit: 10
I guess then the same with regard to franchises as to whether you would consider granting country franchises in those countries where you don't actively want to open a store, or is the intent to expand the retail network if market demand supports it?
sr. member
Activity: 924
Merit: 260
Sirin labs say that they got 25,000 pre-order finney phones if I dont mistake so this standalone 20,000,000 turnover from phone.

That statement alone is bullish for the Finney and Sirin labs. 60% chance the actual monthly sales will shoot up, riding on the back of the blockchain hype and then eventually on the backs of hardware wallet types.
sr. member
Activity: 460
Merit: 250
Sirin labs say that they got 25,000 pre-order finney phones if I dont mistake so this standalone 20,000,000 turnover from phone.
member
Activity: 266
Merit: 10
Let’s have an analogy with Apple. Apple uses USD as a payment for the devices and applications, in the same manner as Finney uses SRN tokens. Apple, as well as Sirin Labs, has good products and partnerships. Do really iPhones help with USD exchange rate?
newbie
Activity: 266
Merit: 0
I don't want to explain this thoroughly because I don't have a lot of time and I thought you had some basic knowledge of the market and could at least draw some conclusions
member
Activity: 322
Merit: 10
I apologize for revoking you access to the community chat without a warning however, you topic of communication wasn't related to Sirin Labs and was violating the chat rules however, I promise that all future suspension will always follow an initial warning given.
sr. member
Activity: 460
Merit: 250
There is a big price gap in the Finney and Solarin. But what are differences between the phones?
legendary
Activity: 1526
Merit: 1014
I totally agree with you @ePesoInitiative, we are at the perfect time to fill the bags and see how the market changes.
sr. member
Activity: 924
Merit: 260
When I first learned about this project, it seemed to me interesting, with a useful product, a strong team and advisors. But the closer to the release of the product, the lower the price of the token Sad
Isn't Crypto down all together? I know the feeling, Even I have bought tokens at much much higher rate than that of today. Market will recover, We will see bull market again.

Newbies need to understand that markets are people buying and selling stuff because they want to profit and thus, when the musical chairs has stopped, the price goes to the opposite direction. No asset, stock or coin is immune to market forces. SRN suffers like the rest of the markets. IMHO, it is the best time to accumulate and sell when everyone is crazy buying up (in a bull run).
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