HTC’s blockchain-powered Exodus phone to launch in Q3 for around $1000

After announcing a fall in sales of almost 70% last week, HTC has taken the surprising step of announcing that it will launch a blockchain-powered smartphone called the Exodus in Q3 of 2018. 

According to the blurb, HTC is spearheading a ‘movement’ with the launch of the Exodus phone, which is said to cost around $1000. HTC has partnered with Animoca and Bitmark to ‘accelerate the building and distribution of unique digital goods from creatives on the Blockchain’. HTC has also joined up with the world’s most popular NFT game, Cryptokitties, to distribute it via selected HTC devices such as the U12+.

“In the new internet age people are generally more conscious about their data, this a perfect opportunity to empower the user to start owning their digital identity. The Exodus is a great place to start because the phone is the most personal device, and it is also the place where all your data originates from. I’m excited about the opportunity it brings to decentralize the internet and reshape it for the modern user” said HTC’s Chief Crypto Officer Phil Chen.

The Exodus phone will act as a cold wallet for cryptocurrency and also support decentralized applications (DApps), with each phone acting as a node on a new blockchain network.

For the moment, there are no details on what specifications the Exodus phone will launch with, although for $1000 you might hope that it will feature the latest and greatest hardware possible. This is HTC, though, which means that there is bound to be an unwelcome surprise somewhere along the line.

It’s become something of a cliche in recent years, lamenting about HTC’s fall from grace, its dwindling sales, and the increasing likelihood of the company either being taken over by a competitor or indeed spiraling down the drain for good.

Make no mistake; the Exodus phone with its blockchain capabilities is not the product that will drag HTC out of its slump. I fear that diverting precious resources from its primary business to what appears to be a moonshot will only hasten the end of this once-proud smartphone manufacturer. Let us know what you think of the Exodus phone, is it what you have been waiting for?

About the Author: Peter Holden

He's been an Android fan ever since owning an HTC Hero, with the Dell Streak being his first phablet. He currently carries a Pixel 2 XL, Huawei P20 Pro, and a Huawei MediaPad M5 (8.4) in his pockets and thinks nothing of lugging a 17-inch laptop around in his backpack. When not immersed in the world of Android and gadgets, he's an avid sports fan, and like all South Africans, he loves a good Braai (BBQ).