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Oyster Labs presented a smartphone based on the TON blockchain

Altcoins: Oyster Labs presented a smartphone based on the TON blockchain

Oyster Labs recently unveiled an advanced mobile gadget built on The Open Network (TON) blockchain called the Universal Basic Smartphone (UBS). The creators claim to have designed the digital phone specifically for people in the Telegram ecosystem.

Users of the device will have access to more than 600 decentralized apps (#dApps) through TON's app marketplace and will be able to get discounts at 14,000 retailers, according to the creators.

In addition, users will be able to profit from their personal data and participate in trading transactions using the initiative's native token, UBS Genesis.

As for the technical specifications, the smartphone will provide potential owners with a Mediatek Helio P22 chipset, a 6/128 GB storage and a 4,050 mAh battery. The operating system chosen as the operating system is #Android 10.

From the features it is worth noting the presence of NFC, Bluetooth 4.0 and facial recognition technology. However, details about the camera and display developers did not disclose.

Some users of the X platform expressed the opinion that the device with such characteristics may become obsolete before the launch.

The retail price of the UBS cryptocurrency smartphone is 99 dollars, and you will have to pay another 30 dollars for delivery. It is important to note that there has been no official endorsement of the partnership from TON. The blockchain team refrained from commenting on Oyster Labs' announcement.

Meanwhile, today April 9, 2024, the Toncoin (TON) cryptocurrency hit a record high, crossing the $7 threshold, after rising 18%.

Oyster Labs presented a smartphone based on the TON blockchain
TON/USDT exchange rate chart. Source: OKX

The asset's market capitalization also reached an all-time high of $24.5 billion.

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