Imagine Getting Shares of Apple Each Time You Bought a New iPhone (This Is the Crypto Version of That)

TL;DR

• Solana Saga cellphone simply broke the entire conventional guidelines for cellphone gross sales, going from ‘absolute flop’ to ‘offered out globally’ in a matter of days, due to the monetary incentives baked into the machine.

• Saga cellphone homeowners are capable of declare airdrops (aka crypto giveaways) from crypto tasks throughout the Solana ecosystem…

• The crypto networks that stand to profit from the use and proliferation of the Saga cellphone are making a gift of shares of their community worth to Saga customers. Very cool!

Full Story

Monetary incentive is a hell of a drug.

And due to crypto, it is beginning to discover its approach into new components of our lives (in some fairly unusual methods).

Take, for instance, the Solana Saga cellphone…

We’re all accustomed to the cellular phone shopping for course of by now. It is some variation of:

Go to a retailer → level to the most recent mannequin → pay → really feel ‘simply okay’ along with your buy → battle to really feel something inside.

Today, there is not actually a transparent monetary incentive for many of us to improve.

In actual fact, there’s in all probability extra monetary incentive to stay with the present mannequin and save our cash, seeings as cellular expertise is not taking leaps and bounds with every passing 12 months.

However the Solana Saga cellphone simply broke all of these guidelines, going from ‘absolute flop’ to ‘offered out globally’ in a matter of days, due to the monetary incentives baked into the machine.

Severely, a couple of weeks in the past, the Saga cellphone was:

1. Struggling to promote by way of its preliminary manufacturing run, shifting solely 2200 items over 6 months.

2. Getting its retail value slashed to items, going from $1k to $599.

3. Getting dragged by tech YouTubers.

Now, the Saga cellphone is:

1. Promoting out worldwide.

2. Promoting on secondary marketplaces, like eBay, for $5000.

3. In all probability nonetheless getting dragged by tech YouTubers (cannot win ’em all!).

How? Saga cellphone homeowners are capable of declare airdrops (aka crypto giveaways) from crypto tasks throughout the Solana ecosystem…

Initiatives like $BONK (the meme coin), which is up ~650% this previous month.

The airdrop of Bonk tokens to any Saga proprietor really makes the cellphone a break even buy at $599.

Okay, so “crypto cellphone offers away crypto” is that the headline?

Consider it extra like this:

That is like getting shares of Apple, every time you purchase a brand new iPhone.

Trigger the crypto networks that stand to profit from the use and proliferation of the Saga cellphone are making a gift of shares of their community worth to Saga customers.

It is an entire new relationship between corporations and shoppers, the place either side are rewarded for serving to to construct the networks they’re part of.

Very cool!