Crypto Leader Solana To Release A Crypto Cell Phone
The Saga will be the newest venture coming out of of the Solana network
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Solana (SOL) is by market cap currently the seventh largest cryptocurrency in the world. Known for its ability to process high numbers of digital transactions in a short amount of time, it has, like just about every other crypto, experienced extreme pain in recent months. However, it has continued forging ahead with building its blockchain and other business interests, including the recent news that they are releasing a crypto cellphone.
Chris Welch of The Verge reported that a phone that was originally designed and developed by Essential under the name of the Osom OV1 has been absorbed by Solana with the intent to both rename it and focus its utility on crypto.
This new Solana phone will be called the Saga and is expected to first be delivered to customers in Q1 of 2023. Welch indicates that specs of the phone include “a 6.67-inch 120Hz OLED display, 512GB of storage, and 12GB of RAM. It’ll be powered by Qualcomm’s latest Snapdragon 8 Plus Gen 1 chip and is outfitted with a 50-megapixel primary camera, plus a 12-megapixel ultra-wide shooter.“ The device can be obtained for $1,000 with a $100 deposit. Additionally, those who preorder will be eligible for a Saga Pass, which is a special NFT designed to accompany the first wave of the phones.
What will make this phone stand out from the many others that people may choose from is that its focus is geared towards helping crypto move to a more mobile future. Welch explained:
“This device is for people entrenched in the universe of crypto wallets, Web3, and NFTs, and it’ll come with a unique feature: support for decentralized apps that rely on the Solana blockchain, which has at least briefly rivaled Ethereum when it comes to NFT sales volume. NFT marketplace Magic Eden, Solana wallet maker Phantom, and cryptocurrency exchange Orca have signed on to back the Saga and Solana’s new software efforts.”
OSOM CEO Jason Keats spoke on why he believes this phone and collaboration with Solana will fill a major need:
“Saga starts from first principles to create a mobile experience for individuals, developers, and ecosystem…
