The ICO project initiated by Sirin Labs has ended with a bill of $157.8 million in favor of the Sirin's Finney line
The company Sirin Labs, founded in 2013 by businessman Kenes Rakishev and the founder of the Mobil network Moshe Hogen, completed the crowdsale with an amount of 157 million dollars, of which 150 million were collected in the first day of the ICO. About 12.5 thousand users became investors in the program to develop a smartphone based on blockchain technology.
The Sirin Labs project presented the Sirin's Finney line of devices, which implements IOTA's open-source blockchain Tangel technology to provide greater security and protection from hackers and cybercriminals. This line includes the Finney smartphone and the Finney PC personal computer.
According to the developers, Finney smartphones will become a secure storage of digital currency for secure transactions with cryptocurrency. By forming an independent unified network, the phones will not require additional infrastructure. And to hack Finney you will have to work hard, since the smartphone’s security system is also based on blockchain. The stated characteristics include a 5.2-inch QHD Display, 256GB of memory, two cameras of 16 and 12 megapixels and additional tools with advanced security capabilities.
The first Finney blockchain smartphone will be pre-loaded with the mobile status of an Ethereum client. And pre-orders can be made as early as December 27, although the company has not announced the availability of the equipment. The phone costs $999, and the PC costs $799.
In general, the ICO initiators are satisfied with the results obtained and expect the success of their developments: “We are delighted with the support that Finney received during the ICO,” said Moshe Hogen. Sirin Labs hopes that their products will become a bridge between the accelerating economy and blockchain technologies and mass market users, making crypto opportunities easier and more accessible. “The niche of those who are passionate about cryptocurrency is narrow, but significant, and we believe that our smartphone will find a buyer,” the developers noted.
According to venturebeat.com
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