Once traded at $126, Solana was anticipated to be one of the hotcakes in the crypto sphere, but now it fell at $94.44 with a further price fall warning of 30%. However, the subsidiary of Solana Lab, Solana Mobile has an overwhelming demand, with pre-orders exceeding the targeted sales goals of 7 days.
Preorders: Solana Mobile Chapter 2 is a sequel to the Saga Phone, the first foray into the Web3 smartphone market. Indicating strong community interest, it has created momentum with pre-orders of over 25,000 within 24 hours of its post-announcement.
In a conversation with Techcrunch.com, co-founder Solana Raj Gokal said that over the past 30 hours Solana Chapter 2 received 30,000 preorders shadowing 12 months’ worth of Saga phones sales.
Features: Although technical specs haven’t been officially revealed, Chapter 2 is expected to retain core features like the built-in crypto wallet, Seed Vault for secure key storage, and a dedicated dApp store for decentralized applications.
Emphasis on Developers: Chapter 2 prioritizes developer flexibility and user autonomy. No restrictions on tokens or NFTs are expected, and there will be no prohibitive fees in the dApp store, potentially creating a more vibrant and dynamic app ecosystem.
Community Rewards: Chapter 2 partners, including major players like Backpack, Tensor, Phantom, Solflare, Magic Eden, and Drip, plan to reward Chapter 2 owners with airdrops and other incentives. This adds an extra layer of appeal for early adopters.
Accessibility and Affordability: Chapter 2 aims to be a more accessible version of its predecessor. Priced at a $450 deposit to cover production costs (full price still TBA), it’s significantly cheaper than the original Saga’s $1,000 launch price. This opens up web3 phone experiences to a wider audience.
Release Timeline: Chapter 2 won’t be available until the first half of 2025. The extended production timeline ensures quality and avoids potential stock shortages, but it also means fans will have to wait a bit longer to get their hands on the new device.
Overall, Solana Mobile Chapter 2 looks like a promising step forward for web3 mobile technology. Its focus on affordability, developer freedom, and community engagement could potentially boost web3 adoption and further blur the lines between traditional and decentralized technology.
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