SIRIN Labs, a vendor of smartphones as secure as possible and as focused on confidentiality, in the first 24 hours of its ICO were able to collect $ 110 million. And this on the background of the overall market downturn ICO!
The probable cause of such serious response on the first day of the ICO is the fact that the team already has a certain market position. In 2016 SIRIN has released the most secure Android smartphone – Solarin. However, at the price of more than 16,000 dollars apiece, it wasn’t the most affordable option for the average consumer.
Currently, the company is developing new products under the name of FINNEY: smartphone based on blockchain technology with integrated “cold” cryptocurrency wallet and PC with the same name. The company promises that both products will be as safe and much more affordable than Solarin.