Trezor To Ship Physical Bitcoin Wallets In January

Hardware wallet manufacturer Trezor has confirmed it will deliver its first batch of wallets next month, following a successful crowdfunding campaign that began in June.

Trezor had previously promised to deliver its first orders in October, but delayed the fulfillment date to January after deciding to add more features.

Pavol Rusnak, Trezor’s co-founder, revealed that pre-orders are now closed.

Rusnak and co-founder Marek Palatinus initially attempted to fund the development of their hardware wallet with a Kickstarter campaign. However, the duo abandoned the crowdfunding platform after “long delays in communication” with Kickstarter and “additional conditions” imposed on the project’s page, according to a Trezor blog post.

Instead, the pair decided to solicit funds from the bitcoin community directly, via posting on reddit and other community sites.

On 21st November, a Trezor blog post announced that “most of the initial costs” had been covered by “hundreds of enthusiasts”. Rusnak wouldn’t give an exact figure on how much has been raised, nor how many people have contributed; adding only that the amount was “enough to cover mass production costs”.
Pricing controversy

Trezor offered bitcoin enthusiasts two ways of supporting its crowdfunding campaign. Supporters could either pay 1 BTC for a standard Trezor unit with a plastic casing, or pay triple the price for the aluminium-clad metallic option.

As bitcoin’s value has soared in the past two months, users have begun to question the wisdom of Trezor pricing its pre-orders in the cryptocurrency.

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