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Topic: [ANN] [ICO] SIRIN LABS ICO - Secure Blockchain Consumer Electronics - page 97. (Read 166777 times)

sr. member
Activity: 702
Merit: 255
Soft cap is 25 M USD
This is quite a lot. Now ICO is not so popular and investors are reluctant to bring money to new projects. If you do not collect the planned minimum soft software, what will be your next steps? Will you lower the soft cap for example to 15 million?
member
Activity: 165
Merit: 10
SIRIN LABS is the highest rated token on CryptoRated, check out the full review here https://cryptorated.com/ico-reviews/sirin-labs/  Cool Cool Cool
member
Activity: 165
Merit: 10
SIRIN LABS Crowdsale date will be revealed on the 15th of NOV  Cool Cool
member
Activity: 165
Merit: 10
Hi, what are the ICO soft and hard cap? How much was raised during pre-ICO?

Hi galgal, at this stage the pre-ICO is ongoing so we cannot reveal how much has been raised. The SIRIN LABS crowdsale will be uncapped. We will be announcing some crowdsale news shortly so keep a look out! Thanks for the questions.
newbie
Activity: 2
Merit: 0
Hi, what are the ICO soft and hard cap? How much was raised during pre-ICO?
member
Activity: 165
Merit: 10
Bitcoin Signatures added to SIRIN LABS bounty program

Check out our updated Bounty program thread here - https://bitcointalk.org/index.php?topic=2335337.new#new

Let's grow the community together!
member
Activity: 165
Merit: 10
Crowdsale open to US

We’re thrilled to announce that after extensive legal consultations, we are able to say that US investors can participate in the crowdsale.
The SIRIN LABS token (SRN) is not considered a security while it can be utilized to purchase SIRIN LABS devices (such as SOLARIN, an ultra secure mobile phone) and services right after the crowdsale event, including pre-orders of the FINNEY smartphone with a significant discount.
This sets apart the SIRIN LABS crowdsale as a concrete and real opportunity for individuals in the US, and US citizens all over the world, to be part of the Blockchain era.
member
Activity: 165
Merit: 10
Widely you guys swung. Creating special smartphones. Is this a special device or add-on over android? And how will this work in practice? How much will it cost? How will you persuade people to buy this gadget? What dividends will a device owner receive to compensate for their device costs?

The FINNEY is a special device branded by Sirin Labs, it will run Shield OS, our extension to Android and will be certified by Google, same as we did with Solarin. the estimated cost of the smartphone is 999$.
you will be able to pre-order it with SRN tokens after the crowdsale.
we have several motivations for the device and token economy -
first, the token will be used to buys the device, so if the token price goes up you actually buy the device with less token that you may have bought in less than 999$.
second, there is a pre-order discount.
third, we plan to reward the community with a constant daily amount of money to buyers of new devices, every new device will get some amount of SRN token on the first activation of the device cold wallet.
And the most important: we are pushing towards an open developer community where developers and device vendors adopt our OS and SDK and create more devices and apps that runs Shield OS and use the SRN token. these apps can implement P2P micropayments, resource sharing, and more.
in addition, we will have few of the best d-apps in the market like status and stox adopt our SDK and come preloaded on FINNEY. these apps will enjoy one of the most important features of the SDK  - seamless token conversion between other tokens to there own token.
here is Stox announcement about our cooperation: https://medium.com/@stoxhq/stox-and-sirin-labs-announce-partnership-3c52864b9175

for more details please visit our website https://www.sirinlabs.com/ and read the white paper https://www.sirinlabs.com/media/SIRINLABS_-_White_Paper.pdf

Very interesting project. I read about this earlier before the post, so I wasn't aware that the ICO hasn't been announced. A few questions:

1. What if you bought $999 of SRN tokens and then when the phone comes out, the tokens have dropped in value? Will you be forced to buy more SRN to buy the phone? Will this not encourage people to just wait for the phone to come out, and then buy SRN tokens with $999 and buy the phone?
2. The money will be credited daily to phone owners or SRN buyers?

Very interesting project, are you the representative for Sirin Labs?


Hi, I am a representative for SIRIN LABS, thanks for the questions.

1. We anticipate the value of the SRN token to increase significantly over the coming months up until the FINNEY' release. Of course, there is no guarantee that this will happen. The quantity of SRN needed to buy the phone will be determined by its market price. We think the price will increase for a number of reasons. The SRN token has multiple applications and powers the whole SIRIN LABS ecosystem, including usage in the Dapps store. We have an incredibly strong team (40+ people) and partners, and have already delivered a high quality product in the 'SOLARIN'. We believe FINNEY will connect the mainstream consumer to the blockchain economy and help enable mass adoption of cryptocurrency, FINNEY will be the bridge.

2. There will be an allocation of SRN tokens for the activation of your FINNEY cold wallet - there will be a daily pool of SRN tokens allocated for 'activation of cold wallets' that will be distributed between the number of wallets activated on that particular day.

Hope that helps!


hero member
Activity: 2338
Merit: 953
Temporary forum vacation
Widely you guys swung. Creating special smartphones. Is this a special device or add-on over android? And how will this work in practice? How much will it cost? How will you persuade people to buy this gadget? What dividends will a device owner receive to compensate for their device costs?

The FINNEY is a special device branded by Sirin Labs, it will run Shield OS, our extension to Android and will be certified by Google, same as we did with Solarin. the estimated cost of the smartphone is 999$.
you will be able to pre-order it with SRN tokens after the crowdsale.
we have several motivations for the device and token economy -
first, the token will be used to buys the device, so if the token price goes up you actually buy the device with less token that you may have bought in less than 999$.
second, there is a pre-order discount.
third, we plan to reward the community with a constant daily amount of money to buyers of new devices, every new device will get some amount of SRN token on the first activation of the device cold wallet.
And the most important: we are pushing towards an open developer community where developers and device vendors adopt our OS and SDK and create more devices and apps that runs Shield OS and use the SRN token. these apps can implement P2P micropayments, resource sharing, and more.
in addition, we will have few of the best d-apps in the market like status and stox adopt our SDK and come preloaded on FINNEY. these apps will enjoy one of the most important features of the SDK  - seamless token conversion between other tokens to there own token.
here is Stox announcement about our cooperation: https://medium.com/@stoxhq/stox-and-sirin-labs-announce-partnership-3c52864b9175

for more details please visit our website https://www.sirinlabs.com/ and read the white paper https://www.sirinlabs.com/media/SIRINLABS_-_White_Paper.pdf

Very interesting project. I read about this earlier before the post, so I wasn't aware that the ICO hasn't been announced. A few questions:

1. What if you bought $999 of SRN tokens and then when the phone comes out, the tokens have dropped in value? Will you be forced to buy more SRN to buy the phone? Will this not encourage people to just wait for the phone to come out, and then buy SRN tokens with $999 and buy the phone?
2. The money will be credited daily to phone owners or SRN buyers?

Very interesting project, are you the representative for Sirin Labs?
full member
Activity: 258
Merit: 103
We will have bitcoin talk signatures ready very soon and so you will be able to try and publish with a signature matching your seniority. I see you are more than a newbie...

Yer sorry thats my bad. i will await the announcement
newbie
Activity: 8
Merit: 0
We will have bitcoin talk signatures ready very soon and so you will be able to try and publish with a signature matching your seniority. I see you are more than a newbie...
full member
Activity: 258
Merit: 103
hello

i would like to use your banner on my account. i understand that i would get any bounty payout as im only a newbie. but i am fine with that and would like to use the banner on my account if thats okey with you.
newbie
Activity: 8
Merit: 0
Widely you guys swung. Creating special smartphones. Is this a special device or add-on over android? And how will this work in practice? How much will it cost? How will you persuade people to buy this gadget? What dividends will a device owner receive to compensate for their device costs?

The FINNEY is a special device branded by Sirin Labs, it will run Shield OS, our extension to Android and will be certified by Google, same as we did with Solarin. the estimated cost of the smartphone is 999$.
you will be able to pre-order it with SRN tokens after the crowdsale.
we have several motivations for the device and token economy -
first, the token will be used to buys the device, so if the token price goes up you actually buy the device with less token that you may have bought in less than 999$.
second, there is a pre-order discount.
third, we plan to reward the community, every new device will get some amount of SRN token on the first activation of the device cold wallet.
And the most important: we are pushing towards an open developer community where developers and device vendors adopt our OS and SDK and create more devices and apps that runs Shield OS and use the SRN token. these apps can implement P2P micropayments, resource sharing, and more.
in addition, we will have few of the best d-apps in the market like status and stox adopt our SDK and come preloaded on FINNEY. these apps will enjoy one of the most important features of the SDK  - seamless token conversion between other tokens to there own token.
here is Stox announcement about our cooperation: https://medium.com/@stoxhq/stox-and-sirin-labs-announce-partnership-3c52864b9175

for more details please visit our website https://www.sirinlabs.com/ and read the white paper https://www.sirinlabs.com/media/SIRINLABS_-_White_Paper.pdf
sr. member
Activity: 266
Merit: 251
DIW - Security Decentralized,Life Revolutionized
Widely you guys swung. Creating special smart phones. Is this a special device or add-on over android? And how will this work in practice? How much will it cost? How will you persuade people to buy this gadget? What dividends will a device owner receive to compensate for their device costs?
newbie
Activity: 5
Merit: 0
Hi,
I'm trying to find out more about your bounty campaign, and i cannot find information about duration of campaign.. I found only this:

"A minimum of 50 meaningful posts must be made during this period."

Ca you explain what mean "this period" please? Thank you.

Thanks for your question. We've allocated 250k for the bounty campaign so that's what will determine the duration of the campaign.
newbie
Activity: 5
Merit: 0
Watch SIRINLABS, founder and Co-CEO, Moshe Hogeg, discuss FINNEY and how we with this project we are bridging the gap between the mass market and the Blockchain economy

YouTube
sr. member
Activity: 1112
Merit: 256
Hi,
I'm trying to find out more about your bounty campaign, and i cannot find information about duration of campaign.. I found only this:

"A minimum of 50 meaningful posts must be made during this period."

Ca you explain what mean "this period" please? Thank you.
newbie
Activity: 8
Merit: 0
The bounty is up and running, feel free to join  Grin
We have a special section for you to suggest bounty tasks of your own, head to the "surprise us" section on our bounty page.

Thanks!
full member
Activity: 258
Merit: 103
Just saw that you guys raised 98m for you last project. Thats awesome. would love to see you manage the same numbers or even better this time.

you already have first movers advantage. and already have prduced products before.

super keen on this project.

will you be adding even more to your bounty campaign?
full member
Activity: 258
Merit: 103
Super excited about this project, just the mass adoption affect it may have on people alone it huge, but the cold storage wallet, sheild os and very other thing you guys are looking to achieve is awesome, with a team that has already successful  on other ventures i do not doubt we will see this project succeed,

behind this project 100%
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