[ANN] [ICO] SIRIN LABS ICO - Secure Blockchain Consumer Electronics

[fm1984]

Hi


Some questions:

1 So how many tokens are created in total? Which part is still hold by Sirin LabS? 60%? Is there a guarantee no more token will be issued in the future?

2 How, Why would token price increase with time? I don´t get it. Even if no more tokens are issued, it doesn´t make sense. For example if your phone is worth 999 USD. Ans Sirin Tokens are worth X. Then you need 999USD / X Tokens. So I just buy the token and instantly buy the phone... It could be 100 Tokens or 3 Token, at the end the phone costs 999USD for me.

I understand Sirin Labs collects funds with ICO, but I don´t see the benefit for Token buyers ...

Can someone enlighten me please?


 

[fm1984]

SIRIN LABS is NEXT APPLE

in few years price will be 800$ 1000$

If you are wise  you will buy tons of SIRIN now

Why, please explain. How will that happen?

[Fabriz]

VP of Sirin Labs talking about what happens if your Finney is lost, stolen or broken:

Dani WB:
Janury 17th Q&A with Amit Krelman, VP of R&D https://www.facebook.com/SirinLabs/videos/1915550808761241/

At which minute?

[Fabriz]

Hi


Some questions:

1 So how many tokens are created in total? Which part is still hold by Sirin LabS? 60%? Is there a guarantee no more token will be issued in the future?

2 How, Why would token price increase with time? I don´t get it. Even if no more tokens are issued, it doesn´t make sense. For example if your phone is worth 999 USD. Ans Sirin Tokens are worth X. Then you need 999USD / X Tokens. So I just buy the token and instantly buy the phone... It could be 100 Tokens or 3 Token, at the end the phone costs 999USD for me.

I understand Sirin Labs collects funds with ICO, but I don´t see the benefit for Token buyers ...

Can someone enlighten me please?


 

If you buy with SRN you have a 20% discount on the price of the phone. Then I think the dapp store will work with Srn token, and all the other services offers by Sirin will work with their token, like cloud...this is just the beginning

[bulacarango]

The vision for SIRIN LABS has never been short term. The timeline outlined on our website and in the whitepaper was very clear that the SRN is a utility token, and not a security token. As such, the goal is to drive value to the SRN token through mass-market demand for SIRIN LABS products and services.

Currently, we are 5-11 months away from our projected release date. If you jumped onto the SIRIN LABS bandwagon to try and make a quick buck, you’ve misunderstood and perhaps shouldn’t be on the bandwagon at all. We are here to build a solid, reputable and long-lasting company, and that doesn’t happen overnight. I hope that this is something that interests you, and that you’re able to take this journey together with us.

[duocnguyen]

The Finney is scheduled to be released in the second half of 2018. The PC will be released after the phone, but I don't have an exact time frame for that yet.

[handmade157]

SRN is listed on Bancor. We are in the final stages with leading marketplaces, and are still hopeful we will be able to make an announcement by the end of the month, but that is all we can share now for legal reasons.

How to use Bancor https://steemit.com/bancor/@bancor-network/4gurrp-how-to-use-the-bancor-web-app

[campion99]

Store locations were chosen through a combination of input from our community and studying the market.

[hieubigkool]

The new stores we will opening will be in New York, Seoul, Tokyo, Berlin, and Tel Aviv.

[hieuskyer99]

And do you guys have plans for the Netherlands, open a shop or something?

[howareyou15]

SIRIN will hold onto the portion of the token that represents our cost, the remainder will be recirculated back into the marketplace.

[masterchef99]

Developers who use the SDK (software developer’s kit) will have Dapps available on the phone that will run seamlessly with Sirin OS and allow for the use of SRN token payment. SRN will be the center of the OS; everyone who wants to use an application in the OS will need to use SRN. We’ll do an automatic conversion to SRN during the purchase. This will be part of the developer’s kit and ensure that the user experience will be seamless. The end user will just use the application and not have to worry about trading the tokens. We are working on keeping the SDK simple.

We believe in open source and that community is important for the success of the Sirin OS. We also believe in Android. G1 was the first phone to implement Android OS;  Finney will be the first phone to implement the Sirin OS.  The main developing language is Java, but we’d like to hear from developers what additional languages they want supported.

[millionairecity777]

It's true that Moshe had a vision to move Sirin Labs to a very different kind of company, away from luxury technology to a focus on security from the hardware up.

[plantpeople89]

That's okay, you can keep the questions coming. I'll answer what I can, and some of it may also be handled in upcoming Q&As.

[theone189]

understood. Thank you Dani!
I will have hard time with many questions, but do your best!
I am looking forward to the information from sirin labs!

[theskyer95567]

I don't have full information about what cases will or won't be available. I'm also not sure of the exact warranty details, but I'll look into that and get back to you as soon as I can.

[theworld999]

Are you planning to provide support products like Apple Care like Apple's iPhone, for example?
Are you planning to release peripheral devices (such as FINNEY cases)?

[amintek15]

Are you planning to provide support products like Apple Care like Apple's iPhone, for example?
Are you planning to release peripheral devices (such as FINNEY cases)?

They are planning to provide smartphones and PC, already installing some shops in Europe.
 You can find all informations you need on their website of course: https://sirinlabs.com/

[MaryAngela_Fantocci]

With token market price change will the price for devices and services fluctuate or it will static?

[bulacarango]

ppl will pay that much for a phone? -How decentralized can you really get when the networks are centralized