What the heck is the 'Nothing Phone' and why is everyone talking about it?

Tech geeks are obsessed with a new Android smartphone called the Nothing phone.

Nothing Inc. has put 100 devices up for auction ahead of the phone’s official release later this summer.

And demand for the phone is already crazy.

Thousands of people are already throwing up huge money to try to get their hands on one of the 100 devices before the official release.

When the phone is officially released, it’s still going to be hard to get your hands on.

In fact, you can’t even buy it, you have to apply for an invite to buy it.

So what exactly is it?

The first thing worth noting is that Nothing Inc. was founded in 2020 by Carl Pei, who co-founded another hype-friendly smartphone manufacturer, One Plus, in 2013.

The smartphone will be manufactured by Qualcomm, the multinational corporation that makes the iconic Snapdragon chip that has been used, in one form or another, by Asus, HP, Lenovo among others.

As for the OS, it’s based on Android but heavily revized and customized by Nothing, so we can reasonably expect cool crypto- and gaming-friendly features.

What will it cost?

Pricing hasn’t been announced yet, but according to rumors, the phone is expected to cost anywhere between $350 and $450.

This sounds too good to be true because it would make the Nothing Phone significantly cheaper than the most affordable iPhone (13 mini, $699) and Samsung Galaxy (S22, $799).

It would even be cheaper than the outgoing iPhone Se, which is currently priced at $429) and is due to be replaced by an upgraded version next year.

We’ll know soon enough.

And even if the price is confirmed, that’s only on paper.

In reality, this is the type of product that’s sold out immediately and resold at pumped up prices in the pre-owned market.