Anatoly Yakovenko, the founder of Solana Labs, said that the company’s transition into smartphone hardware was a “developer play” that would support start a new Web3 era.
Anatoly Yakovenko, the co-founder of Solana Labs, took the stage last night at TechCrunch’s annual global startup conference, Disrupt. He hinted that Solana’s new smartphone, Saga, will provide a brand-new business model that is different from those used by Google and Apple.
He called the Saga a “cheap enough to try” experiment and called it “one of the moonshots.” He also said that it could be a problem for the rental models used by Google and Apple’s app stores, both which take up to 30% of developers’ earnings.
“They’re built around a rent-seeking model where all the content is owned by the creator and you as a user rent it,” he said. “When you buy a video from Amazon, you don’t actually own it; everyone realizes that you don’t own it.”
Yakovenko also clarified that Solana doesn’t expect the Saga to sell a lot of copies. He said that Solana would be “very happy with 25,000 to 50,000 units sold in the next year.”
Solana declared Saga in June along with the Solana Mobile Stack (SMS) software kit, which includes a decentralized app store and tools for making native Android apps, wallets, and games.
The phone itself has a Qualcomm Snapdragon 8+ Gen 1 processor, a 6.67″ OLED screen, 12GB RAM, and 512GB of internal storage. In the first quarter of 2019, the device will sell for about $1,000.
Even though HTC and Samsung have released smartphones with built-in hardware wallets and other crypto features, Solana wants to take things a step further.
One of the best things about the Saga device is that it works perfectly with the Solana Mobile Stack. This will make it easier to use crypto wallets and Solana Pay, and it will also let you use games, DeFi apps, and NFT markets that were built on Solana.
Yakovenko said that the Solana Mobile Stack isn’t just for the Saga phone. If Android phone manufacturers such as Google and Samsung would like to join in, they’ll have to adopt and change the software to make it work well on their own devices.
scaling solution for Ethereum In July, Polygon and phonemaker Nothing jointly unveiled their own crypto-integrated smartphone.
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