When the HTC blockchain phone was first announced back in May, there wasn’t much by way of details available.
That changed this month when the Taiwanese company announced plans to release the phone, which has been named Exodus, by the end of quarter three this year.
Pricing comparable with Finney model
At this stage, they aren’t prepared to reveal too many details, as they look to build hype in the lead up to the eventual release, but new Chief Decentralizing Officer Phil Chen told The Verge that prices would be “comparable” with the upcoming Finney blockchain phone from Sirin Labs.
This would indicate a price point of somewhere around $1,000.
There’s a hope within HTC that this device can help shore up what has been a disappointing year so far, as they shipped only 630,000 products in quarter one, compared to 2 million over the same period last year.
Sales down by 68 percent
Sales in June were reported to be down 68 percent, and it’s latest flagship product, the U12 Plus has been met with a lukewarm response over software bugs and an odd button setup.
The company even laid off 1,500 employees in Taiwan at the beginning of this month in an attempt to cut costs.
The HTC blockchain phone is viewed as something of a year-saver though, and is set for global availability upon release according to Chen, except for one key market –
“I want to say it will be available definitely everywhere outside of China.”
He explained that it would be difficult to work in a Chinese release because “China has different rules, everywhere from regulations to how Android even works in China.”
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.”
However, it has since been announced that the phone where you can own your identity is still a little further off into the future, while this model will be a phone with a wallet and a partnership with CryptoKitties.
As of now the specs of the device aren’t yet known.
Lover of all things crypto, blockchain and AI, professional tech scribe & part of the editorial team at Crypto Disrupt.