Huobi Global announced the launch of its “Acute Angle” a less expensive blockchain phone for $515. The Acute Angle is made by Whole Network, a startup that Huobi invested in.
Furthermore, Whole Network’s NODE Token will be recorded on Huobi Prime. Running against contenders like Sirin Labs’ $1,000 “Finney” phone, the Whole Network gadget can be bought with Huobi’s Local Token, HT, for basically a large portion of the cost.
An HT holder’s trading quota (cap) will depend on their minimum HT held during the applicable HT holding period, subject to a minimum HT holding floor of 1,000HT and cap of 5,000HT. For example, a user with a minimum HT holding of 6,500HT during the holding period is going to receive a maximum of 5000 HT equivalent in trading quota across both price limit rounds.
As of now, Acute Angle is available in China with a launch of Q4 2019, planned soon in Southeast Asia. Dates for the U.S. and European rollout have not yet been given.
Livio Weng, CEO of Huobi Global, said that blockchain-based phones have a bright future.
He added :
“We think blockchain phones are a promising area for future blockchain industry development. As the industry develops and as innovations like 5G become increasingly integrated into our telecommunications systems, we believe more and more crypto communities will want to trade and transact from mobile devices.”
Acute Angle encompasses crypto-prepared highlights like Push Exchange Notices, a Dapp Wallet, a Discretionary Cold-Wallet Module and the NODE Local Token. Additionally, Acute Angle is the first in a future lineup of blockchain-based phones from Whole Network, Huobi stated, with designs for 5G capacity for future phones guaranteed.
Likewise, Whole Network joins Samsung and Sirin Labs, among others, in blockchain-based phone development. Last month, Samsung added Bitcoin functionality into its Samsung Developers Kit (SDK).