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Solana Launches Web3-Focused Smartphone Saga To Improve Crypto-Mobile Relationship

Friday June 24, 2022. 07:30 AM , from Slashdot
Solana Launches Web3-Focused Smartphone Saga To Improve Crypto-Mobile Relationship
An anonymous reader quotes a report from TechCrunch: The co-founder and CEO of Solana, Anatoly Yakovenko, had a Steve Jobs moment when he stood in front of an auditorium in New York City and announced the launch of Saga, an Android web3-focused smartphone. 'This is something that I fundamentally believe the industry needs to do,' Yakovenko said. 'We didn't see a single crypto feature at the Apple developer conference 13 years after Bitcoin was alive.' People will pull out their laptops in the middle of dates so they don't miss an NFT minting opportunity, Yakovenko joked. 'So I think it's time for crypto to go mobile,' Yakovenko added.

Saga aims to implement digital asset products and services, so users can easily transact with their cryptocurrency through the device, opposed to a laptop browser. In addition to the announcement of Saga, Yakovenko shared the launch of the Solana Mobile Stack, or SMS, which is a web3 layer for Solana built on the phone. SMS will consist of a number of products including a seed vault, a custody solution, a mobile wallet adapter, Solana Pay for Android and its decentralized application (dApp) store. It 'provides a new set of libraries for wallets and apps, allowing developers to create rich mobile experiences on Solana,' a press release said.

A number of crypto companies including FTX, Phantom and Magic Eden will partner with SMS and there is also a $10 million developer fund for people who build apps on it. 'The builders are coming and they are higher quality than before,' Raj Gokal, COO at Solana Labs said. 'They're ready for the next leg of user growth.' The $1,000 device will have 512 GB of storage with a 6.67-inch OLED display and is available for preorder with a $100 deposit and deliveries will occur in Q1 2023, Yakovenko said.

Read more of this story at Slashdot.
https://mobile.slashdot.org/story/22/06/24/0441243/solana-launches-web3-focused-smartphone-saga-to-i...

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