Published: Sat, July 14, 2018
Industry | By Terrell Bush

HTC to Launch "Cryptophone" Competing With Swiss Sirin Labs

The Exodus still doesn't have a firm release date, but HTC states that it's planning to unveil the device by the end of the third quarter this year. When The Verge mentioned the price of Finney, the world's first blockchain-powered phone created by Sirin Labs, which is US$1,000, Chen replied that the HTC model would have a "comparable" price tag.

Meanwhile, industry experts are sharply divided over whether Exodus can really pull off a miracle for HTC. Instead, the company will introduce a smartphone containing a cryptocurrency wallet and CryptoKitties, the Ethereum-based decentralized application (DApp) game.

Considering the Finney clocks in at $1000, it sounds like we can expect iPhone X-level pricing for the Exodus, which is a fairly big risk for a company that's now struggling to find an audience.

Nothing is yet known about the technical specifications and further details of the HTC Exodus.

As for the Exodus phone, HTC says it has started accepting pre-orders for the blockchain handset in the U.S. market and that demand has been very good.

Lead by HTC Vive Founder, Phil Chen, Exodus is tipped to support ethereum and bitcoin with more network partnerships added over time.

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When it was initially announced back in May, Chen had commented that "we envision a phone where you hold your own keys, you own your own identity and data, and your phone is the hub". In the meantime, the Exodus will act as a hardware wallet that makes use of decentralized apps.

According to HTC, CryptoKitties will come pre-loaded on all mobile devices, debuting on the U12+.

The company is hopeful that it will be available globally, although not China. HTC is planning to capitalize on this collective marketplace so that users can reap maximum benefits.

Since the Phone is based on blockchain so the main aspect comes here is where the Customer can safely guard their Crypto-Currency i.e, BitCoins, Etherium or any other in the Phone rather than relying on any cloud-based Platform.

HTC's upcoming smartphone built around blockchain technology is set to launch in Q3 2018.

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