Bitcoin[BTC], Litecoin[LTC] and Ethereum[ETH] gets a boost in adoption with the newly launched HTC Exodus

HTC one of the giant during the early days of the smartphone revolution is trying to make a comeback. The company is credited for building the first Android smartphone. Now facing stiff competition from Chinese manufacturer, HTC is bringing back it’s “innovation”. The the company is now targeting the next big thing in technology – Blockchain.

The company released a new phone, HTC Exodus 1. The phone is targetted completely at the cryptocurrency and blockchain community. The phone features a built-in cryptocurrency wallet and an enhanced security measure which is not found in today’s smartphones. One of the most striking features (or shall we say gimmick?) of this phone is that it can only be purchased via cryptocurrencies: namely Bitcoin, Ethereum and Litecoin.

Specs wise the phone is similar to the popular android smartphone, OnePlus 6. The phone is powered by octa-core processor and it comes with 6GB of RAM. The phone also packs 128GB of internal storage. As far as the cameras are concerned, the HTC Exodus 1 packs a 12-megapixel primary camera and a 16-megapixel secondary camera on the rear. On the front, it packs an 8-megapixel primary camera and a 8-megapixel secondary camera.

The phone is priced at $500 so to purchase the phone you have to shell out $500 worth of Bitcoin/Litecoin/Ethereum. At the time of writing, the current price of the phone is 1.5 Bitcoin.

HTC even got Charlie Lee, creator of Litecoin, to come up to the stage and talk about the new phone. According to him, the phone is going in the right direction, as there is a dire need in the market for a secure smartphone.

Blockmanity’s Take

A unusual concept? Yes. A gamechanger? Not really. We feel the phone is more of marketing stunt rather than something unique that is going to drive cryptocurrency adoption. We could be wrong, but it looks like that in the future. Moreover, the way the markets is currently, we wonder if anyone would be willing to sell part with cryptos to buy a smartphone!

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