We haven’t talked about OSOM a lot over the previous couple of years as a result of I made a promise that if their first telephone was a crypto telephone, we wouldn’t see any purpose to proceed a dialog round it. Positive sufficient, the first OSOM telephone was a crypto telephone often called the Solana Saga, so after sharing that information, we moved on and by no means actually regarded again.
Right this moment, I’m solely returning with protection of the corporate run by a bunch of former Important of us as a result of they’re reportedly calling it quits.
In keeping with a report, OSOM executives held a gathering this week to tell staff that they might be shutting the corporate down and shedding everybody nonetheless there. Some of us will apparently want to stay behind as contractors to proceed supporting their crypto telephone.
Why didn’t they discover success with their crypto telephone and why are they now shutting down? I imply…they made a crypto telephone. Additionally, at the moment’s report means that Solana handed on utilizing them for his or her subsequent system, that OSOM then tried to pivot to creating an AI digicam and promoting themselves to HP, neither of which labored out. So that they don’t have any cash or future funding in sight and that might be the top.
If OSOM confirms the report, we’ll replace this put up.
Alrighty then.
