The Saga smartphones will be available to users from Q1 2023
The smartphone includes crypto-friendly features such as Solana Pay and other leading built-in crypto wallets.
Solana’s debut smartphone, Saga, is yet to be launched globally but has still managed to generate credible buzz in the cryptocurrency market.
The smartphone will include a unique set of crypto-friendly features, including built-in crypto wallets and Solana Pay, as well as easy access to games and marketplaces built on the Solana blockchain.
While attending Techcrunch’s annual global startup conference, the co-founder of Solana, Anatoly Yakovenko, shared the latest update on the firm’s debut smartphone, Saga, adding that the smartphone is “aiming for moonshots,” which can easily change the dynamics of the web3 domain.
Saga Will Set A New Standard In The Crypto Industry: Solana’s Anatoly Yakovenko
While speaking at the Tech Crunch Annual Global Conference Disrupt 2022, the co-founder of Solana, Anatoly Yakovenko, praised Saga for its unique approach and concept. Yakovenko later shared that the firm’s debut phone will revolutionise the web3 domain and will offer an alternative to web3 developers and users to transition from known business models to an easily accessible, crypto-dominated realms.
“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 realises that you don’t own it.” Yakovenko later added.
Solana’s co-founder referred to Saga as a “milestone accomplishment,” further adding that the project is “aiming for moonshots,” which bear the potential to revolutionise the crypto-web3 industry.
“This is one of the moon shots,” Yakovenko said. “The reason why we can do this is because it’s cheap enough to try. It’s not going to break the bank or anything like that. ” Yakovenko told Techcrunch
With the debut date inching closer than ever, Yakovenko further shared details concerning the intended sales volume of its flagship smartphone. Solana’s co-founder is expecting the Saga’s sales volume to hit 25,000-50,000 units next year.
“Our goal isn’t to sell 10 million units,” “We would be very happy with 25,000 to 50,000 units sold in the next year. That would be awesome. ” Yakovenko candidly shared
In addition, Yakovenko shared how the launch of Saga will set a new precedent for the crypto industry, a standard that can transform the web3 experience for its users.
“Almost 7 billion people use smartphones around the world, and more than 100 million people hold digital assets—and both of those numbers will continue to grow.” “Saga sets a new standard for the web3 experience on mobile.”
Designed in collaboration with Osom, Solana’s Saga smartphone was earlier announced in June and is set to be released in the first quarter of 2023. The smartphone comes with a wide variety of crypto-friendly features, including Solana Pay and a built-in crypto wallet facility. The smartphone will also permit its users to explore the marketplaces and games built on the Solana blockchain.
Solana hopes to draw a crypto-niche community by entering the smartphone market head-on and launching its flagship device, Saga.
“The opportunity is here right now,” Yakovenko said. “Both Google and Apple, I don’t know what’s going to have to change internally for them to give up the 30% tax on apps. It’s just too good for them to give it up in the next five years. So while those two mega companies continue implementing their 30% tax, there’s a “wedge that exists.” Yakovenko later shared.