HTC, a Taiwanese tech giant, has increased the price of its flagship blockchain phone Exodus 1 by 20%-40%, depending on a cryptocurrency you pay. However, in US dollars, the phone, which is set to start shipping on January 31, is now cheaper than in October when it was unveiled.
Exodus is currently listed for 0.21 BTC (as of the time of writing, less than USD 800), 5.71 ETH (around USD 750), or 25.01 LTC (USD 855).
Back when the phone’s first details were announced in October of last year, the company stated that “it costs BTC 0.15 or ETH 4.78, which is around USD 960.” In December, they added support for Litecoin as well, when the coin’s founder Charlie Lee tweeted that the price of the phone would be a “fixed 19.84 LTC.” Although the phone is certainly cheaper in US dollars now, thanks to the subsequent market crash, the price in crypto is nominally higher than what it used to be, presumably to make up for the volatility of the coins. However, HTC has never announced this price change.
The company has not replied to a request for comment.
The latest Exodus 1 promotional video:
The initial market crash in November 2018 brought prices down sharply, and the market has yet to recover. In the past three months, the price of Bitcoin has fallen by around 40%, while both Litecoin and Ethereum dropped around 36%.
Meanwhile, Sirin Labs cut the price of its Finney phone by 10%, to USD 899, which can be paid in crypto, too. Also, the Pundi X XPhone is expected to launch in Q2 2019 and it would cost less than USD 1,000, as reported by Cryptonews.com.