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Market News

Freedom Factory Launches the dGEN1 Mobile Device

Written By Iyiola Adrian
Fact Checked by Dhara Chavda
Published October 18, 2024 11:41 PM·Updated 2 years ago
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Freedom Factory Launches the dGEN1 Mobile Device

Freedom Factory has introduced the dGEN1, a new mobile device aimed at making on-chain crypto transactions easier for everyone. 

According to the press release, users can use this device to access decentralized applications (dapps) without needing third-party services or paying hidden fees.

Introducing dGEN1

The first onchain every-day carry pic.twitter.com/E1SDAraXqJ

— ethOS (@EthereumPhone) October 17, 2024

The dGEN1 runs on ethOS v4.0 and features a dapp store that supports both Ethereum and Layer 2 (L2) applications. This means transactions can be faster and cheaper, and users won’t need separate wallets or browser add-ons. With an onboard light node, users can also validate transactions right on the device, enhancing security.

Along with transaction features, the dGEN1 has a built-in messaging system for secure communication within the on-chain community.

In contracts, the device aims to give crypto users better control over their digital assets by combining the safety of a hardware wallet with the ease of a mobile device.

This device is set to ship in Spring 2025 and is designed to be an everyday carry (EDC) tool. Pre-orders are now open on the Freedom Factory website, priced at 0.2 ETH or 61,296 DEGEN. Global shipping is expected to start in Spring 2025.

Also Read: CFTC Questions Court’s Ruling on Kalshi’s Prediction Market

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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