Anatoly Yakovenko, CEO of Solana Labs, announced today the launch of Saga, an Android smartphone designed with Web3 in Mind, at a New York City event.
This phone will allow users to access a mobile store that offers decentralized apps (dApps), where they can download NFT marketplaces and trading platforms.
The dApp Store will be available without any fees. In addition, the team has vowed to let the Solana community participate in its governance.
One of the most important blockchains in crypto is Solana. The protocol is known for its high throughput (65 000 transactions per second co
mpared to Ethereum's 30) and low fees.
The Saga phone will have a 6.6-inch display, 512GB storage, and 12GB RAM.
Although Solana Labs does not expect the phone to ship in the first quarter of 2023's financial year, but still it can now be pre-ordered on the website for only 100 $.
The device will also include the Solana SDK, allowing developers to publish and distribute mobile dApps.
It also includes a Hardware-encoded Seed Vault where users can store their private keys.
The Solana Foundation will provide a fund of $10 million to "help kickstart a new mobile
ecosystem" and "encourage the growth of mobile apps."