The Open Network Clarifies: No Plans to Release a Web3 Smartphone Amidst Market Speculations

The Open Network Clarifies: No Plans to Release a Web3 Smartphone Amidst Market Speculations
Photo by Paris Bilal / Unsplash

The tech community often buzzes with speculation about new gadgets and innovations, especially those related to cutting-edge technologies like blockchain. However, not every rumor turns out to be true. Recently, The Open Network (TON), a nonprofit organization, made it clear that they are not venturing into the smartphone market, contradicting the rumors that suggested their involvement in the production of a Web3-enabled smartphone.

This clarification came against the backdrop of an announcement by Oyster Labs, a separate entity, about their new device based on the TON blockchain. The news had sparked discussions and speculation within the tech community, leading some to believe that TON itself was releasing a smartphone. However, the organization addressed these rumors head-on through a statement on their official X (formerly Twitter) page: "The TON Foundation has not released any Web3 phone. Anything you find online is a community initiative."

This statement is critical as it highlights the importance of conducting one's own research before accepting online information as fact, especially in the rapidly evolving world of technology. The distinction between TON as an organization and the activities of community members or other companies using the TON blockchain is significant.

In the sphere of Web3 technologies, the term "smartphone" takes on new dimensions. For example, earlier this April, developers at Oyster Labs announced the launch of a smartphone that would allow users access to an extensive ecosystem of over 600 decentralized applications (dApps). Priced at $99, this smartphone seemed like a game-changer in the blockchain world. However, TON clarified that they had no involvement with this device, and it was a product of the Ton X HashKey Accelerator, not directly related to the TON Foundation.

The clarification from TON comes at a time when the market for blockchain-enabled devices is becoming increasingly crowded and competitive. For instance, in May 2023, Solana, another major player in the blockchain space, released their Web3-smartphone, which was initially priced at $999. Due to low demand, the price was later reduced to $599. The device gained significant attention later on, especially during an airdrop of the meme coin BONK, which was received by all owners of the Web3 smartphone. This event caused the prices of these smartphones on eBay to surge by $5000.

Moreover, in January 2024, Solana Mobile announced the release of a new version of their smartphone, the Saga Chapter 2, which received over 100,000 pre-orders within a month. This highlights the growing interest and potential in the blockchain smartphone market, a space where many players are looking to innovate and capture consumer interest.

Despite the clear market interest in blockchain-enabled smartphones, TON's decision to stay out of this particular fray allows them to focus on their core activities and goals. It's essential for organizations, especially in the non-profit sector, to maintain clarity about their missions and the initiatives they are involved in. This not only helps in managing public expectations but also ensures that their efforts are not misinterpreted.

In conclusion, while the excitement around blockchain technology and its applications in various devices continues to grow, it is crucial for consumers and tech enthusiasts to verify the sources of their information and the authenticity of the products being marketed. As demonstrated by TON's recent clarification, not everything read online, especially concerning technology releases and innovations, should be taken at face value. The case of TON and the Web3 smartphone rumor serves as a reminder of the importance of discernment in the digital age.