Crypto rumor suggests TON, HashKey, and Oyster Labs work on launching a $99 “Universal Basic Smartphone”

7 months ago 38
ARTICLE AD

X users have raised questions on Ton's official account, but no response has been received.

There has been widespread speculation that the The Open Network (TON), HashKey, and Oyster Labs have joined forces to launch a new smartphone, dubbed the “Universal Basic Smartphone.” The source of the speculation is an X post from Robert Lee, co-founder of Web3Convention, a web3 event service.

Lee’s post captures a moment from the final stage of the TON Blockchain Hackathon, Ton Hacker House, held on April 4th in Hong Kong. This event brought together 100 programmers with over 20 innovative projects to compete for technical advice, financial subsidies, and a chance to share in a total reward pool of up to $1.5 million.

The snapshot shows a presentation slide introducing a “High-quality Phone with Affordable Pricing” and a price point of $99. The slide lists several phone specifications, including an 8-core processor, 6 GB RAM, 128 GB storage, USB-C input, and a 4050mAh lithium-ion battery.

Ton Universal PhoneSource: @Robertl83909710

Lee said he purchased “a TON mobile phone on site to try it out.” He also showed a photo he took with “TON phone creator.”

Following the rumor’s spread, concerned users commented on Ton’s official account, questioning the validity of the information in a recent event post. TON has yet to respond to these inquiries.

What's with the phone from #TON? Because I see people are hyping it like crazy on X. And no one has yet confirmed whether it's true or not. Everyone's buying it like crazy

— TON SOCIETY 💎 (@CryptoBranders) April 5, 2024

Crypto Briefing further looked at a website claiming to be the pre-order page for the new phone. However, at the time of writing, the website seems unfinished, and the “Privacy” and “Terms” buttons are unresponsive.

Additionally, an administrator in a Telegram group purported to be affiliated with the initiative stated that the official pre-order launch will occur on April 8.

Oyster LabsSource: @universalphone888

Despite this, it’s advisable to exercise caution and “do your own research” before making decisions or relying on the source of the information presented.

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

Crypto Briefing may augment articles with AI-generated content created by Crypto Briefing’s own proprietary AI platform. We use AI as a tool to deliver fast, valuable and actionable information without losing the insight - and oversight - of experienced crypto natives. All AI augmented content is carefully reviewed, including for factural accuracy, by our editors and writers, and always draws from multiple primary and secondary sources when available to create our stories and articles.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.

Read Entire Article