Solana’s Second Phone Just Crossed 100K Presales ($45M in Revenue)

TL;DR

• The Solana cellphone is a net-good for the crypto area — it lets builders goal customers immediately, sending airdrops to their wallets, as an alternative of paying FB to succeed in them.

Full Story

Is the second technology Solana cellphone solely promoting in such excessive numbers as a result of patrons anticipate it to airdrop them free cash?

Sure.

Will the price of the {hardware} ultimately be recouped by mentioned airdrops?

Most likely not.

Is it going to be a product most individuals will wish to each day drive?

We extremely doubt it.

However we’re all for it — why?

Trigger the Solana cellphone gathers a bunch of crypto nerds in a single (digital) area, and offers builders/companies direct entry to them.

(And that’s a means larger deal than it could first seem!)

Right here’s the way it impacts companies:

Having a terrific thought/product is one factor — convincing people to make use of it’s one other.

The Solana cellphone collects potential prospects in a single place, validates their curiosity (they purchased a crypto cellphone, they’re most likely going to be eager about your crypto product) — this course of often requires hundreds, if not thousands and thousands of {dollars} of advert spend throughout Fb and Google.

Now (for those who’re constructing on Solana) it’s free.

Right here’s the way it impacts you (a crypto dork):

All that advert funds saved by builders? Guess the place it goes — or do not. We’ll inform you anyway…

Your pockets.

The best way these crypto initiatives get the eye of Solana Telephone customers is easy: they take what they beforehand would have spent on Fb/Google advertisements, and airdrop that cash to any/all Saga cellphone pockets addresses.

Wish to use/redeem the tokens? All you might want to do is sign up to the venture’s platform/service together with your Saga cellphone. (BOOM! New customers).

It’s not an ideal system, nevertheless it’s means higher than what we’re used to!