The Nothing Phone (3) is here! The internet’s response is far from what Nothing most likely expected. Design boo-boos, mid-range specs and a high-end price – the vultures are circling. From under the excitement of the tech blogs and the Youtube reviews, a deeper disappointment brews. That is particularly the case when we think of what this phone could introduce to the continent.

DeFi's Promise, a Distant Echo?

Africa is a continent bursting with energy and creativity. Mass adoption of decentralized finance (DeFi) can lead a sustainable financial revolution and change lives for millions throughout the region. Imagine a world where farmers can access loans without predatory interest rates, where entrepreneurs can build businesses without the barriers of traditional banking, and where individuals can participate in the global digital economy, empowered by NFTs and blockchain technology. Smartphones are the gateway to this future. They are the secret ingredient to achieving financial freedom.

Here's the gut punch: the Nothing Phone (3), touted as innovative and forward-thinking, lands with an $800 price tag. $800! How many Africans can realistically afford that? It’s akin to putting a carrot on a stick in front of an emaciated equine. However disappointing, it is a bitter reminder of the economic inequalities that still undermine our world today.

$800: A Barrier, Not a Bridge

Let's be blunt. For most people in African countries, $800 is worth months, sometimes years, of their salary. It’s the price of tuition, health care, to feed the household. It's the difference between surviving and thriving. Putting the Nothing Phone (3) at this price point, intentionally or not, prices out a substantial portion of woke folk. This decision removes the opportunity for countless people to join the digital revolution that the brand boasts about leading.

Carl Pei's experience at OnePlus, navigating the treacherous waters of moving from "flagship killer" to premium brand, should have been a lesson. He understood the perils of pricing yourself out of business. Did you miss that lesson when imagining an alternate reality of a continent with very much lower disposable income? So to anyone who’s traveled in Europe or the US, the difference is jarring. That indeed feels like a betrayal of the very ethos of disruption and shareability and accessibility that Nothing first sold us.

Meetups, Dreams, and Crushed Hopes

I have felt the hunger for intelligence and opportunity under Sputnik’s pall, firsthand. I attend local blockchain meetups. I hear the stories. Then I see their eyes shine with understanding. How the power of DeFi can help navigate around corrupt systems and empower people is what gets them pumped up! Then reality hits. That cost of entry – the cost of a smartphone that is able to run these innovations – is still too high.

  • A young woman in Nairobi dreams of using NFTs to showcase and sell her artwork internationally, but her current phone struggles to even load the marketplace.
  • A farmer in rural Ghana wants to access microloans through a DeFi platform, but the cost of a reliable smartphone and data connection is prohibitive.
  • A group of coders in Lagos are building innovative blockchain solutions, but they're developing for a market they themselves can barely afford to participate in.

These are not just hypothetical situations, these are the day to day realities experienced by millions of people across the continent. The Nothing Phone (3)’s colorful and loud design alongside its mid-range chips would have shown that it’s possible to take a different approach. More than that, it had the potential to be a beacon of promise. Instead, it’s just another expensive toy for the one percent.

Affordable Alternatives, a Glimmer of Hope

The encouraging thing is that affordable solutions are available. However, brands such as Xiaomi, Tecno and Infinix are having a powerful effect on the African market. They provide affordable smartphones that provide good enough performance and access to core digital services. While these phones may not have the design panache and brand cachet of the Nothing Phone (3), they’re pretty solid alternatives. They are available to all and intangible. They are empowering.

FeatureNothing Phone (3) (Theoretical)Xiaomi Redmi Note 13 Pro+ 5G
Price$800~$400
Key BenefitDesign, "Brand"Affordability, Accessibility

These alternatives highlight the core issue: it's not about having the best phone. It's about having access to the tools that can improve your life. It’s time to stop work on bridging the digital divide and instead focus on worsening it.

A Call for Radical Re-Evaluation

Well, nothing at all should have to go back to the drawing board. We want them to get it, that innovation isn’t design and specs, it’s impact. It’s about developing equitable technology that meets the overall needs of society, not just the affluent investment class.

Instead, the Nothing Phone (3) is a missed opportunity to be a powerful symbol of progress and inclusion in Africa. Rather, it is a bitter testament to the economic divides that still leave millions in the dust. It’s a DeFi dream deferred, and a missed chance to really democratize access to the digital economy. It’s high time for our tech companies to start putting people over profit — and to start building technology that empowers, instead of excluding. The future of Africa depends on it.