Both HTC and Solana are working on crypto phones. Could it be the “iPhone moment” for the Metaverse and crypto enthusiasts?
When the iPhone was released in 2007, it popularized smartphones and changed the way we use them today. Could crypto phones have a similar impact?
While everyone is talking about the Metaverse, there’s been little discussion about how we will access it. Sure, there are a few startups working on AR glasses, but what about everyone else?
The majority of people still use smartphones and that is unlikely to change anytime soon
Before talking about anything else, we need to ask the most obvious question – what is a crypto phone? A phone that helps you mine Bitcoin? A phone that only allows you to play Axie Infinity? No, not quite.
A crypto phone is a next-gen device that combines the security of a hardware crypto wallet with a high-processing power smartphone. In other words, it’s a phone that allows you to store your crypto keys offline (cold storage) and use them for transactions, dapps, and more.
But there’s another possibility – that crypto phones could be the key to mass adoption of the Metaverse.
Through a high-performance, Blockchain-based smartphone, you can potentially have easy access to the Metaverse community. By connecting a VR headset to your phone, you can enter into Metaverse and explore all the possibilities that it offers.