Ok, so wtf is Sirin? I saw their token, SRN listed in Bittrex and decided to do some digging.
The consensus on google is something along the lines of "Sirin Labs claims they are going to make a blockchain based smartphone-they already made a super expensive on that no one bought". In general, the articles don't seem to paint Sirin in a positive light. These articles also don't seem to have a good understanding of cryptocurrencies or blockchain in general.
Ok Sirin, you have my attention.
Going to the source, I went to their website. The site appears sophisticated, inspiring confidence that these guys might know something about technology. First thing you notice is that their working product, the very expensive Solarin smartphone, is available for purchase using SRN. First glance, the site is beautifully designed, has no spelling errors or typos, and clearly conveys the team's mission: we are going to build useable tech based off the blockchain.
Scrolling down, the team has laid out the company's mission in both text and youtube videos. Seems legit. Then, more info on the upcoming products, an affordable smartphone and a PC that are built by Sirin and run on their OS. The Sirin team claims to have partnered with several companies including Bancor and Google. Ok, we all know that "partnering" isn't always really partnering in the crypto world, but that is often misinformed rumors spread on social media. Assuming Sirin is legit (so far, looking good), these partners that the company claims on their webpage are a pretty big deal and lend credibility to the validity and potential of this project.
The rest of the page includes a roadmap through 2019, lists their extensive team and advisers working on the project, and includes FAQs. Ok, all looking intriguing. My last stop was their whitepaper.
The whitepaper goes into more details about the Sirin's history. Based in the UK, they have been around since 2014. They have a working (although prohibitively expensive) product, the Solarin phone. The whitepaper outlines specs for their upcoming Finney smartphone (probably names after Hal Finney, the first recipient of a bitcoin transaction straight from Satoshi him or her or their selves) and PC and describes the OS, d-app store, and SDK being developed.
One thing that caught my attention is that ledger consensus will be based on a Tangle network like the IOTA project. Until now, IOTA was the only major crypto I had head of using the tangle.
Sirin tokens can be used to purchase both physical products (at a discounted price) and applications and services that run on these devices. Good, the tokens have a use and purpose. Always a promising sign.
This company has a marketing plan, working product, more products on the way, a physical store in London, and seems to be the first (as far as I know) in a new niche of the crypto world. I think they are worth keeping an eye on. Personally, I will be looking for a good chance to invest in this project.
THIS IS NOT INVESTMENT ADVICE. DO YOUR OWN RESEARCH BEFORE INVESTING YOUR FIAT MONEY INTO ANY CRYPTO CURRENCY.
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