HTC launches Exodus 1s, a cheaper version of its blockchain smartphone

HTC is bringing out a cheaper version of its blockchain-friendly smartphone in a bid to entice the people hesitant about buying cryptocurrencies and expensive flagships from the likes of Apple and Samsung.

The Taiwanese smartphone maker on Saturday launched the Exodus 1s, a slightly smaller take on the Exodus 1, which it released last year. That phone initially cost 0.15 bitcoins — over $1,189 at current prices, similar to that of a high-end iPhone or Galaxy — although the company subsequently let people buy it in dollars for $699.

This new device costs 219 euros ($244), or the equivalent in cryptocurrency. But the big difference with this handset, according to HTC’s Phil Chen, is that it comes packed with cryptocurrency-related features that will let users exchange, lend and borrow digital assets. He added that the first phone met the firm’s own sales targets.

“This is a completely different device,”…