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Solana launches revolutionary Web 3.0 "Saga" mobile phone

RB from RB
June 25, 2022
in Uncategorized, News
Time: 3 min
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Web 3.0 is indeed in the spotlight of both the traditional market and the crypto market. For example, the Solana network announced a new mobile device with a design focused on the so-called Web3.

Web3 refers to the "future" of the Internet, which is in fact already in development. It focuses on blockchain-enabled decentralization and user-friendly content. The idea is that people can use the internet without giving up their data.

And that was exactly Solana's idea with her "Saga" phone.

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Solana brings Saga's cell phone

According to the announcement issued by Solana Labs, the device will have the Android operating system. In addition, it will be a modified device with special features of a cryptocurrency wallet and a software development kit called "Solana Mobile Stack (SMS)".

The phone will also provide access to the mobile decentralized application store (dApp). In it, users will be able to download decentralized trading platforms and NFT marketplaces.

The team unveiled the new facility on Thursday (23) during an event in New York. He said the phone would cost around $ 1,000.

Solana Labs CEO Anatoly Yakovenko said the facility will be available on the market from 2023. Specifications The phone puts it on the level of major brands in the industry. It will have a Snapdragon 8+ Gen 1 processor, a 6.67 ″ OLED display, 12 GB of RAM and 512 GB of storage.

Sam Bankman-Fried, CEO of Cryptocurrency, also attended the event as a supporter of the Solana initiative FTX exchange. In his speech, he emphasized that everything is becoming mobile. After all, in most countries there is the largest share of access via mobile phones.

However, the mobile crypt market is lagging behind for him, access to dApp via mobile devices is not easy. "The best solution is to have a real wallet built into your phone," he said.

Solana Labs also said it will work with other companies to make the phone, including the NFT Magic Eden marketplace; Phantom wallet provider and Deca platform Orca.

In addition, the Solana Foundation has pledged $ 10 million to support the development of mobile applications on its device.

"We live our lives on our mobile devices - with the exception of Web3, because there was no mobile-focused approach to private key management," Yakovenko said. „Solana Mobile Stack ukazuje novou cestu pro Solanu, která je open source, bezpečná, optimalizovaná pro Web3 a snadno použitelná.“

Raj Gokal, one of Solana's co-founders, said that with these tools, "developers can now bring the power of Solana to the computers in our pockets," so this new phone could potentially revolutionize the mobile industry.

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All content in this article is for informational purposes only and does not in any way serve as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.
Tags: sagaSolanaWeb 3.0

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