On June 23, Solana Labs CEO Anatoly Yakovenko announced the launch of a software development kit for Web3 programs called “Solana Mobile Stack (SMS)” in New York, as well as the delivery date of his new crypto phone: ” Saga.”
According to Yakovenko, the new Solana smartphone will cost around $1,000 and will be available for purchase early next year. The key specs of the phone will put it at par with the big brands in the industry. It will have Snapdragon 8+ Gen 1 processor, 6.67″ OLED display, 12GB RAM and 512GB storage.
Designed with a focus on Web3 and cryptocurrencies.
The smartphone will feature a Web3 decentralized app store (Dapps), a mobile wallet called “Solana Pay”, designed to facilitate transactions via QR codes, and a “seed vault” that stores the phone’s private keys. will be stored.
Solana Labs is accepting a $100 deposit from anyone interested in participating in the pre-sale. Those interested will receive an NFT pass via email when the time comes; However, preference will be given to Solana developers.
Raj Gokal, one of Solana’s co-founders, said that with these devices, “developers can now bring the power of Solana to the computers in our pockets,” so this new phone could potentially revolutionize the mobile industry. .
“Solana may revolutionize everything we do every day, but to realize this potential we need to open up the possibilities for decentralized apps on our mobile devices.”
Sam Bankman-Fried, CEO of FTX, a cryptocurrency exchange platform and Solana sponsor, said the crypto phone industry was lagging behind despite the fact that “everything is moving mobile, so the best solution to keep up in this technological age” is The actual wallet is built into your phone.” Something that apparently only Solana is working on.
Solana’s Saga Phone Could Succeed If Others Fail
Although the Saga isn’t the first crypto-focused smartphone, Solana’s Saga phone could become the most successful phone of its kind, thanks to the number of developers working on the project, unlike its competitors. Besides Solana’s Saga phone, other important initiatives were the Exodus line by HTC, the Finney phone by Sirin Labs, or Samsung’s Claytonphone.
The most exciting thing about the Solana phone isn’t that it becomes the world’s most popular phone, clearly it won’t
It’s that it can detect challenges Apple isn’t interested in exploring yet, and the playbook is ready when it inevitably will.
— ubiquitous (,) (@udiWertheimer) 23 June 2022
As Yakovenko put it, “we live our lives on our mobile devices,” so a phone with these features would open doors to the whole world of technology and innovations that Web3 has to offer.
PrimeXBT Special Offer: Use this link to register and enter code POTATO50 to get up to $7,000 on your deposit.