Solana Mobile to sell second crypto asset smartphone: Official | CoinDesk JAPAN

Solana Cell plans to capitalize on the surprising success of its first crypto-enabled smartphone by launching a second smartphone, folks accustomed to the matter stated.

The brand new mannequin has the identical primary options as its predecessor, the Saga, together with a crypto pockets, customized Android software program, and a dApp retailer for crypto functions, however at a cheaper price and with totally different {hardware}. Saga was initially priced at $1,000 (roughly 145,000 yen, equal to 145 yen to the greenback) when it was launched final yr, however the value was later lowered attributable to poor gross sales.

This might assist calm the secondary market, which has heated up because of the present Saga provide being so low. On the time of writing, an unopened Saga was promoting for $3,200 on eBay, 5 instances its value 5 weeks in the past.

On the time, Saga supporters had been making ready to maneuver on from experimental smartphones. The corporate aimed to create a mobile-first platform for crypto merchants and NFT collectors, however struggled as a result of there wasn’t a big sufficient market to justify its existence.

That modified right away when crypto merchants realized that Saga had an allocation of BONK tokens that exceeded the gadget value. Saga offered out in lower than per week.

The following month continued to herald earnings for Saga house owners, with numerous initiatives airdropping worthwhile tokens and NFTs to fifteen,000 Saga models in circulation. These airdrops strengthened the group round Saga and inspired extra Solana builders to contemplate constructing cell functions.

Representatives for Solana Cell haven’t but responded to requests for remark.

｜Translation and modifying: Rinan Hayashi
｜Picture: Danny Nelson/CoinDesk
｜Unique textual content: Solana Cell to Promote Second Crypto Smartphone: Supply