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Ethereum Smartphone Trades 10X Higher Than Google Pixel 7a

August 31, 2023
in Web3
Reading Time: 3 mins read
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The pre-sale of an Ethereum (ETH) -based smartphone turned out to be an awesome success. Inside 24 hours, the primary 50 cell units with an working system based mostly on a community of sensible contracts have been bought out.

The Ethereum Smartphone

The “Ethereum Cellphone” is predicated on the Google Pixel 7a and comes with a singular open-source working system: ethOS. It’s quick for the Ethereum working system but in addition means “character” in Greek.

ethOS phone. Source: X (Twitter)
ethOS cellphone. Supply: X (Twitter)

The units are distinguished from different Web3 smartphones by the built-in Ethereum mild consumer. This function permits the ethOS working system to independently validate blocks, making the system a “mild node” on the Ethereum community.

Click on right here for the whole lot that you must learn about Ethereum Identify Service (ENS)

The Ethereum smartphone has a number of built-in instruments for dealing with funds and receiving and sending messages. Moreover, the cell system consists of integration for Ethereum Identify Providers (ENS), permitting customers to make funds in a better method. As well as, it helps Ethereum Digital Machines (EVM) and Layer 2 scaling networks.

Ethereum Smartphones Solely Obtainable Through NFT

Solely 50 cell units have been out there throughout the pre-order. To qualify for the acquisition of those Ethereum smartphones, patrons needed to buy an ethOS non-fungible token (NFT). They may burn it or destroy it to order their cellphone.

ethOS NFT. Source: OpenSea
ethOS NFT. Supply: OpenSea

A submit on X (Twitter) alerted customers about faux NFTs on OpenSea, the most important NFT buying and selling platform.

Some ethOS NFTs are being bought on OpenSea for 3 Ethereum (ETH), or practically $5,000. In comparison with the common Google Pixel 7a, which sells for $499 within the US, that’s a distinction of 10x.

Competitors in Cellular Web3 House

Whereas the pre-sale of Ethereum smartphones has been an awesome success, the Solana (SOL) smartphone has had a much less profitable begin. Solely simply over 2,000 items have been bought since launch, in keeping with Flipside data.

Click on right here to be taught extra in regards to the Ethereum Digital Machine (EVM)

To spice up the user-friendly Solana crypto cellphone gross sales, Solana Labs just lately dropped the value from $1,000 to $599. The value discount occurred after the announcement of the premiere of the Ethereum smartphone, which is able to happen in fall 2023.

Do you have got one thing to say in regards to the Ethereum smartphone, Web3 cell basically, or anything? Write to us or be a part of the dialogue on our Telegram channel. You may also catch us on TikTok, Fb, or X (Twitter).

For BeInCrypto’s newest Bitcoin (BTC) evaluation, click on right here.

Disclaimer

In adherence to the Belief Undertaking pointers, BeInCrypto is dedicated to unbiased, clear reporting. This information article goals to offer correct, well timed data. Nonetheless, readers are suggested to confirm info independently and seek the advice of with an expert earlier than making any choices based mostly on this content material.

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