Solana (SOL)’s new crypto-native phone that will be developed by the little-known smartphone maker Osom is far from the first ‘blockchain phone’ to be announced since crypto and blockchain technology took a giant step into the mainstream around 2017. But what exactly happened to all those other phones, and did the producers deliver on their promises?
To find out, we dug up reports of blockchain phones dating back to 2018 and looked at the status of these projects today.
Sirin Labs’ Finney phone
Among the first companies to announce a purpose-made blockchain phone was Switzerland-based Sirin Labs with its Finney phone, named after the late cryptographer and Bitcoin (BTC) pioneer Hal Finney.
The company itself received its funding through the fourth largest initial coin offering (ICO) of 2017, having raised USD 157.8m from the sale of its SRN token.
And although the price of the token has collapsed from a peak of USD 3.5 in 2018 to basically zero today, the Finney phone was made and...
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