Of course, we all love Apple Watches right? I admit that I wanted to have an Apple Watch one day. I already have my Macbook Air, iPad Air and iPhone 6. As I've checked in the Apple Store in our mall, a single device cost more than $400. However, there are other wearable devices out there that can be used in multiple occasions. Aside from being a simple watch, we can now use it to call and send SMS, access various social media sites, browsing the internet or even play mobile games.
A wearable device can be attractive, but it would be more than that if it’s used for something productive. As of today, Bitcoin and other cryptocurrencies are booming and creates curiosity to a lot of people. Now that they’re on the way to become adopted massively, it creates several opportunities for startups to launch their innovative and out-of-the-box projects. To be honest, I love those projects that are completely innovative and something new in my eyes.As of today, more than 6 million wallets are created. Some of the common Bitcoin and crypto wallets right now is no other than Nano Ledger S and Trezor. For you to access and initiate transactions, you need to have a computer or laptop to plug in your Nano Ledger S and Trezor.
However, you may also create online wallets as well. The problem is that they’re kind of vulnerable to hacking, if you’re not smart enough or use common sense. Thanks to the disruptive blockchain technology, it is now possible for us to store and transfer crypto to crypto with one another in the form of a wearable IoT device. Without further ado, I would like to share something about a startup project known as Sidera.
The way I define about Sidera is that they are a state of the art innovative platform, which focuses on using wrist watches or wearable IoT devices that can initiate crypto to crypto transactions. Not only that, you can use that to pay for goods and services in various stores that accepts crypto payments in the form of QR codes or any other method out there. For me, Sidera is something new to me and I can't wait to try them out.
Speaking of Sidera, I would like to share some of the things that I liked about them:
Reason #1: Store and transfer funds with your wrist
As much as I've liked Apple Watch and other wearable IoT devices, I find Sidera much more interesting. You want to know why it is very interesting to me? It's because Sidera has the capability for us to transfer crypto to crypto. Sidera has created a smart watch called Bitsmart, which is a hardware wallet that lets us take full control of it.
For me, I think Sidera's smart watch takes our experience in a whole new level in initiating transactions with one another. There's other options that you can explore and test out such as QR code generator, automatic detection of addresses in various transactions, market price notifications and standard smart watch features like music, weather and so on.
Reason #2: An attractive element of Sidera is decentralizationOf course, we are now embracing the world of decentralization. When it comes to that, it bypasses the watchful eyes of the central bank, government or centralised intermediaries. Because of that, there's no way for them to have control of the funds that we have in Sidera's Bitsmart.
To be honest, I am tired that these intermediaries are standing in our way before our transactions are approved for transfer. With Sidera, there's nothing that can stop us from completing our transactions by just using their decentralized wearable device (DwD).
Reason #3: Security is always the main priority of Sidera
I like the fact that Sidera's main priority is always the security, just like most of the projects out there. It means that only you have the access to your funds, and not even the developers of this platform could access your crypto funds. Sidera's state-of-the-art technology is assuring us that our funds in decentralized wearable device are safe and secure, and no other third party or intruder can take advantage of it.
Just like the traditional Nano Ledger S and Trezor Wallet, Bitsmart is categorized as a cold storage wallet. As long you have the device in your wrist, you are in full control and it assures safety and security.
Reason #4: A decentralized exchange in a wearable IoT device
Who would have thought that we could actually trade cryptocurrencies with peers on our wrist? With Sidera, it's absolutely possible. Instead of trading into centralised exchanges on our PC, laptop, Macbook, Android or iOs devices through browser or mobile app, we can now trade in the form of its own platform called Continuum.
For me, I think this is something unique and out-of-the-box that we can do trading using our wrist watches. So freakin' cool!
Reason #5: Crypto related domain extensions are for real!
One of the things that I wanted to have is to register a domain, in which its extension should be crypto-related. Thanks to Sidera's platform, it is now possible for us to register with these crypto-related domain extensions. It means we can register such as "MyName.bitcoin", "CompanyName.btc" or "Nickname.blockchain". I think it should be fun.
Because of that, I would not be using GoDaddy's service to register a crypto-related domain in the future. Sidera made it a reality for all of us, and I am so excited for this!
About their roadmap
One of the most essential things that we need to take a look at is their roadmap. Of course, if you want to participate in the token sale of Sidera, you should know what they have accomplished in the past, what they're doing right now, and the future developments that we are expecting nowadays.
As of today, we are now on the final days of our token sale. After the token distribution, it is expected that the beta version of Bitsmart app will be released on December 2018. In the first quarter of 2019, I am also looking forward to that with the expected launch of Continuum exchange and its beta application.
Although the wholesale distribution of the BitWatch and BitBand would happen in the Q3 of 2019, I am super excited for that! I can't wait to get my hands on those, not just for myself, but for my family as well. For me, I think this is one of the most amazing roadmaps that I've ever seen in a crypto project. Hands down!
About their team and advisors
As for the team behind the Sidera project, I think they have done tremendous work in putting up this project together. The core team of founders and co-founders of Camilo Pisticelli (project envisioner), Laura Ruggiero (CMO) and Vincenzo Niglio, I believe they are here to make a difference with Sidera. They truly believe that Sidera would change the way we do off-chain crypto transactions in the form of their own decentralized wearable devices.
For the development, marketing and business team and their gorgeous ambassador, I commend them for their dedication, passion and perseverance to make Sidera a success. They're not just working hard, but working smart as well. Through their combined years of experience, there is no doubt that Sidera would become successful not just for a few years, but in the long run.
Lastly, for the advisors, I think they've made a very good decision to jump in with this project. With their guidance and advice, I truly believe that Sidera would achieve even more. Overall, I am so confident that in many years to come, Sidera is going to be a huge difference maker like no other.
About their token sale
So far, I am very impressed on what they have done so far. You know why? They've performed very well in their token sale, as soft cap of $1,500,000 has already been reached. Now that they're nearing the end of the Sidera token sale, we still have a chance to participate with them. Despite not reaching the hard cap of $15,000,000, still they've achieved their soft cap milestone.
They currently have a total supply of 51,000,000 eQUOS.What matters for me is that at a price of $2 per eQUOS (the ticker symbol of Sidera and a standard ERC20 token), it's definitely worth to be one of the participants in this token sale. Their ICO would end on October 15, 2018. I know that there are lots of projects that are promising and reliable in the cryptoverse. However, if I were you, I think Sidera is one of the projects that its too hard to ignore. I truly believe that Sidera is absolutely going to be worth much more in the long run if we decide to take part in their project.
Final thoughts about Sidera
All I can say is that Sidera is one of those projects that we should not regret participating. You know why? It is because they're going to be one of the most innovative projects that we've ever seen for this year, especially that initiating transactions with our wrist watches. I am highly convinced that by reading their whitepaper, I believe that Sidera is on the right track and they have a bright future ahead.With these features that they have for us, I honestly think that they're going to become successful in many years to come once its massively adopted.
If you think that this review is helpful for you, don't hesitate or share this to your crypto friends or community out there.I would like to thank you for taking your time in reading my review about Sidera. I hope you liked what you're seeing here. If you have any questions regarding my Sidera review, feel free to leave a comment below.
You can also watch my video review here:
To your future success, Sidera!
Check out their website: https://sidera.io/
Read their whitepaper: https://sidera.io/docs/v1.0/Sidera_Whitepaper.pdf
Telegram: https://t.me/sideraofficial
Linkedin: https://www.linkedin.com/company/sidera-blockchain-technologies
Twitter: https://twitter.com/siderabc
Facebook: https://www.facebook.com/siderablockchain/
Reddit: https://www.reddit.com/user/SideraBlockchain?st=JIRSDIAI&sh=dd548a81
My Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=254229