News

Solana is releasing a new crypto phone

The Solana team is hard at work on the release of their new crypto phone, the Saga. Learn more about the features and specs of this upcoming device here!

Advertisement

The Osom OV1 rebrand should come in Q1 of 2023.

Solana
The Saga will have unique and exclusive features. Source: Adobe Stock.

Cryptocurrency enthusiasts, rejoice! Solana is rebranding the Osom OV1 phone to provide a better crypto experience for its users. Built by a team of former designers and engineers from Essential, the device got a new design, name and purpose as of today. Early this afternoon, Solana announced its very own mobile phone – the Saga.

In collaboration with Osom, the starter price is at $1,000 and customers can already preorder it. However, the blockchain requires a $100 deposit, and clients will have to wait until Q1 of 2023 to actually get the phone. 

The device has some pretty impressive features that are sure to attract everyone, and not just crypto lovers. It’s got a 6.67 inch 120Hz OLED display, 12GB of RAM and 512GB of storage. The Saga will be powered by the Snapdragon 8 Plus Gen 1 chip – Qualcomm’s newest release. The device will also feature a 50MP primary camera and a 12MP ultra-wide camera.

But even though its hardware is awe-inspiring, it’s the Saga’s purpose that stands out. That is because Solana’s intention with the release is to push the crypto world into its goal to go mobile, according to the blockchain’s CEO Anatoly Yakovenko. 

Although anyone can get it, people who are rooted in the universe of NFTs, wallets and Web3 will make much better use of the device. The main reason for that is that the Saga provides support for decentralized applications that lean on the Solana blockchain. Magic Eden – an NFT marketplace – along with Solana’s own wallet maker and the crypto exchange company Orca are also backing the new device and the new software efforts from Solana. 

The Osom OV1 rebrand

Solana
How profitable will the device be? Source: Adobe Stock.

In a statement, Osom has said that the Saga is now the company’s main focus. Jason Keats, Osom’s founder and CEO, said the company’s excited about the partnership with Solana in creating the device. He’s also mentioned how much the world needs hardware companies to support the future in the shape of Web3. According to Keats, building a new ecosystem that’s not burdened by the ones in the past is something to look forward to.

Other than the Saga, Solana has made other exciting announcements today. The company also presented an open dApp Store called Solana Mobile Stack. With it, Solana is envisioning a rapid increase of crypto apps, digital goods and digital services made possible through its new resource. 

Solana says developers will be able to access the Saga much earlier. When asked how the company’s new device and resources will be able to provide a richer experience than crypto and NFT wallets from other big tech companies, Yakovenko said Solana is targeting the most hardcore trader. 

Osom’s new proposal is a massive change from its Essential Phone 2, which was a relatively common, privacy-focused device. The new enterprise also goes against Osom’s statement last March, saying that the OV1 would cost much less than $1,000.

For now, the real test will be for both companies to deliver the Saga in Q1 of 2023. Not only that, but will the new Solana device have an actual audience outside its most excited enthusiasts? More experienced phone makers have tried and failed to go down the crypto-centered mobile path.

If you like the Saga but are new to the crypto world, we can help. Follow the link below for our 101 guide on the crypto world.

crypto coins on top of a dollar bill

A 101 guide on what is cryptocurrency

Learn what are cryptocurrencies and how you can start investing in them!

Trending Topics

content

Learn to apply easily for the OneMain Financial Personal Loan

Understand how to apply for a OneMain Financial Personal Loan here! Enjoy direct payments for debt consolidation! Keep reading for more!

Keep Reading
content

American Express® Gold Card Review: earn rewards when traveling

This is an American Express® Gold Card review about its benefits. Read on to know about the rewards program, fees, and more.

Keep Reading
content

Beauty on a Budget? An Ulta Credit Card Honest Review

Earn 20% off your first beauty purchase at Ulta with the credit card in our review: Ulta Credit Card. Find out other benefits here!

Keep Reading

You may also like

content

Learn to apply easily for the LendingClub Personal Loans

Whether you want a loan for home remodeling or debt consolidation, here are some steps to apply for LendingClub Personal Loans. Keep reading!

Keep Reading
content

You can now remove yourself from Google’s search results

Now it’s possible to fill out an online form and ask Google to remove your personal information from its search engine. Learn more here.

Keep Reading
content

PREMIER Bankcard® Credit Card review: is it legit and worth it?

The PREMIER Bankcard® Credit Card is suitable for people with low credit scores and can help you build a good score. Read on to learn more.

Keep Reading