The Chinese cryptocurrency Huobi supports a new Blockchain project in Southeast Asia, including the incorporation of a Huobi token shopping platform on a smartphone.
The Acute Angle costs $ 515
Called ” Acute Angle” , the Huobi-supported Blockchain phone will initially be launched in Southeast Asia, but will soon expand to the US and European markets.
The price of the smartphone and quite affordable: $ 515. The startup Whole Network – funded by Huobi’s venture capital arm Huobi Capital – is the creator of Acute Angel, a smartphone with an integrated virtual wallet.
NODE, the original token of the Whole Network network will be listed on Huobi Prime, the platform of Huobi’s Initial Exchange Offering (IEO).
The circulation of NODE crypto-currencies is limited to 10 billion units.
NODE tokens will serve as a reward for tasks such as downloading mobile apps, viewing ads, inviting new users, and sharing content.
Some private investors, developers, and other important players in the development of NODE will receive the remaining tokens.
A pilot project in perspective
Huobi CEO Livio Weng believes that the creation of digital currencies via mobile devices and the deployment of the 5G network in China could favor the growing use of Blockchain smartphones.
China Telecom and two other China-based telecommunications providers will soon test 5G in a few cities before the end of 2019.
“As the industry grows and innovations like 5G become more and more integrated into our telecommunication systems, we believe that the crypto-community will want to trade (trade) and make transactions from of mobile devices, “said Weng.
Buy an Acute Angle with the Huobi token
Consumers will be able to purchase the Acute Angle starting September 11th. Whole Network customers are also free to use NODE as a payment method. Moreover, Huobi Prime offers interesting promotional offers to encourage the use of the Huobi Token.
Other electronic giants have also developed phones based on the technology of the large distributed registry. Sirin Labs , Samsung and HTC compete with Whole Network, however, the latter is distinguished by its competitive price.
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