Nothing Phone (1) auctioned over $2,600

Nothing is preparing for the official presentation of its first smartphone on July 12th. However, before it

the launch of the company announced an auction for the first 100units of the Phone model (1), and now the highest bids have exceeded $2,600, according to Gizmochina. On June 21, StockX launched an auction for 100 limited-edition smartphones with laser-etched numbers from 1 to 100. The highest bids reached a whopping $2,679. After the end of the auction, the company promised to ship the smartphone to the highest bidder within 35 business days. However, the retail price of the new smartphone is expected to be around $400.

It is worth noting that Nothing Phone (1) was recentlyspotted on Geekbench, which revealed that the smartphone will be powered by a Snapdragon 778+ processor paired with 8GB of RAM, contradicting rumors that it will be powered by the latest 8th generation Snapdragon processor.