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Solana Aims For Moonshots With Its Groundbreaking Smartphone — Disrupting Google and Apple

CRYPTO_NEWS SOL

  • Solana’s flagship smartphone Saga will be a game-changer in the industry giving developers a new alternative. 
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  • Though a notable achievement, Anatoly Yakovenko expects sales between 25,000 to 50,000 units next year.  
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  • Developers have heaped praise on the new smartphone for integrating crypto features in its push for wider adoption of web3.

 

Solana jumps into smartphone hardware with hopes to take a small portion of the market share from

Apple, Samsung andGooglein the coming years. 

 

Anatoly Yakovenko, the co-founder of Solana, spoke on the company’s new subsidiary, Solana Mobile, at TechCrunch’s annual Global Startup Conference, where he said that the new smartphone, Saga, will offer an alternative to web3 developers and a switch from the known business models.“They’re built around a rent-seeking model where all the content is owned by the creator and you as a user rent it. When you buy a video from Amazon, you don’t own it; everyone realizes that you don’t own it.”

 

He added that Saga is “one of the moonshots” which could change the dynamics of web3 as developers are now at the centre of the creation. Developers have praised the company for integrating digital asset features into the hardware. 

The smartphone will have in-built cryptocurrency wallets, Solana Pay, and easy access to games and marketplaces built on Solana.

 

Yakovenko has hailed the projects as a milestone accomplishment but says that the company does not expect huge sales volumes in a few months. He estimates the sales to pick up later adding that he would be “very happy with 25,000 to 50,000 units sold in the next year.” 


 

 

Source : Solana Aims For Moonshots With Its Groundbreaking Smartphone — Disrupting Google and Apple

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