XProtocol’s Node-operated Blockchain DePIN Phone XForge Launches at $499

XProtocol has announced 30th October 2024 as the launch date for its crypto-powered android phone.

An entertainment-focused Ethereum layer-3 network named XProtocol has announced the pre-sale launch of its smartphone XForge; with 10,000 units up for grabs with each priced at $299 US each. The company announced the launch of its phone not too long ago, and has quickly taken steps forward following a successful Xardian node sale that aimed to  empower and reward communities.

“The first 10,000 units will be priced at $299 US each with price increase expected afterwards, as the mobile device will also gift free Xardian Nodes to its users, offering the unique opportunity to participate in the DePIN network directly from their phone, earning rewards, airdrops, and other cryptocurrency based incentives,“ said Dragonix, a contributor to XProtocol.

The company also recently announced completion of multiple fundraising rounds worth $5.2M. Participating in the rounds were Dragonfly Capital, Coinfund, Razer, Caballeros Capital, MSA, Saison Capital, zVentures, Cogitent Ventures and Zephyrus Capital.

XProtocol’s unique value proposition lies in it leveraging the Base superchain (Ethereum L2) technology, as the company operates as an entertainment and gaming layer 3 blockchain providing scalable infrastructure and a developer friendly platform to partner projects. It is also compatible with all Ethereum Virtual Machine (EVM) projects, allowing easy migration for projects and tools for developers.  

While the extent is unknown, the company has also confirmed to launch a host of DApps within the phone’s dapp store, making it a gateway for users to easily access web3 applications and tools built on the XProtocol superchain. 

The device is set to feature top-tier, flagship-level specs optimised for gaming – including a Octa-Core CPU, Dual Nano, Simcard, 6.67” AMOLED display, 8GB RAM, and 256GB of storage. 

The Xardian nodes offered with the phone aim to contribute to XProtocol’s network decentralisation, as the company stated that operators are expected to earn rewards for their participation in the network’s consensus process. The company also recently locked in 20% of its total token supply for the node licence holders to distribute over 36 months after the company’s mainnet launch later this year. Launched earlier last month, XProtocol has sold over 5000 nodes publicly so far. 

XProtocol, set to launch its mainnet in Q4 of 2024, sees a team with several years of experience creating and contributing into industry leading web3 titles. The company aims to enhance blockchain based gaming by allowing creators to develop, deploy and scale consumer focused products from the foundation up, covering everything from initial infrastructure to final deployment.

About XProtocol

XProtocol is an entertainment DePIN  superchain powered by the native KICK token built with sustainability and scalability in mind. Leveraging the robust Ethereum Base Layer 2 (L2) chain, XProtocol offers high-speed transactions and TPS with near-zero gas fees and provides a developer-friendly environment with full EVM compatibility to help Gaming unleash its full potential.