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Solana Introduces Web3 Mobile Phone Saga

Solana Labs subsidiary Solana Mobile has announced the launch of the mobile phone “Saga” set for launch in 2023.

The flagship Android mobile phone is a modified OSOM handset which consists of speciality crypto wallet functions and the “Solana Mobile Stack (SMS)” software development kit for Web3 programs.

Solana said that the $1000 mobile phone has “unique functionality and features tightly integrated with the Solana blockchain, making it easy and secure to transact in web3 and manage digital assets, such as tokens and NFTs.”

Saga designer OSOM is a leading Android development company. The company has built computing hardware for Google, Apple, and Intel, among others.

Saga was introduced at an event in New York. The event also introduced Solana Mobile Stack, a framework for Android allowing developers to create rich mobile experiences for wallets and apps on Solana and create a “Secure Element” for private key management.

“The Solana Mobile Stack SDK is available to developers now, and Saga is available for pre-order starting today, with delivery in early 2023,” Solana said in an announcement.

Solana’s biggest mobile-focused bet will feature a Web3 dapp (decentralized app) store, integrated “Solana Pay” to facilitate QR code-based on-chain payments, a mobile wallet adapter and a “seed vault” that will store private keys deep within the recesses of the phone.

“Saga starts from first principles to create a mobile experience for individuals, developers, and ecosystem participants that opens a new era of mobility,” said Jason Keats, co-founder and CEO of OSOM. “The world needs novel hardware to embrace the future that is web3, and building out an ecosystem that looks to the future without being burdened by past legacy ecosystems is hugely exciting for us.”

According to Solana, Saga’s specifications include a 6.67” OLED display, 12 GB RAM, 512 GB storage, and the latest flagship Snapdragon 8+ Gen 1 Mobile Platform, the security features of which will enable the Solana Mobile Stack’s Seed Vault.

“With the addition of a Secure Element built into the device, the Seed Vault keeps private keys, seed phrases and secrets separated from the application layer yet still capable of interacting with apps running on the device or in a mobile browser,” Solana said.

Pre-Production Solana Phone Set to Ship to Developers in December

As the launch draws closer, Solana phones (also called Saga) pre-production are now set to be shipped out to developers for testing from December 15th.

Reportedly, the release software that’s going through final testing is the last obstacle the Saga phones are facing currently, as about 3,500 developer-focused kits have been produced and boxed up for launch.

Holders of the Saga Pass, a membership NFT given to early adopters of the Solana phone, are sure to be delivered with the developer kits. Though a mint of the membership NFT has been done, another one is said to be coming soon.

With the Solana phones, developers in the Solana ecosystem will be able to test out dApps (decentralized applications) for the Solana dApp store. Not only that, but developers will also be able to try out the Solana Mobile Stack and the Seed Vault, an application the phone uses to store private keys.

Saga is a Solana phone based on Android. The phone specifications include the latest Snapdragon 8+ Gen 1 chip, 12 gigabytes of RAM, 512 GB storage, and an OLED display. It is set to go on sale for $1,000 in the first quarter of 2023.

The Solana phone Saga was initially introduced in June at an event in New York. It is said to be a flagship Android mobile phone that modifies OSOM handset, which consists of speciality crypto wallet functions and the Solana Mobile Stack (SMS) software development kit for Web3 programs.

According to Solana, the phone has unique functionality and is tightly integrated with the Solana blockchain, making it easy and secure to transact in web3 and manage digital assets, such as tokens and NFTs.

“Saga starts from first principles to create a mobile experience for individuals, developers, and ecosystem participants that opens a new era of mobility. The world needs novel hardware to embrace the future that is web3, and building out an ecosystem that looks to the future without being burdened by past legacy ecosystems is hugely exciting for us,” Jason Keats, co-founder and CEO of OSOM, stated.

Binance Launches Saga (SAGA) on its Launchpool

Binance, one of the leading cryptocurrency exchanges, has recently introduced Saga (SAGA) on its Launchpool platform. Saga is an L1 to launch L1s, and Binance is proud to be the first platform to list its token. Trading for Saga will commence on April 9th, 2024, at 14:00 (UTC).

With the launch of Saga on Binance Launchpool, users now have the opportunity to stake their BNB and FDUSD tokens into separate pools to farm SAGA tokens. The farming period will begin on April 5th, 2024, at 00:00 (UTC), and will run for a duration of four days.

Following the farming period, Binance will list SAGA with several trading pairs, including SAGA/BTC, SAGA/USDT, SAGA/BNB, SAGA/FDUSD, and SAGA/TRY. This listing will provide users with enhanced trading opportunities and liquidity for the Saga token.

The Saga Launchpool comes with certain terms and conditions. Users will be required to complete KYC (Know Your Customer) verification to participate in the staking process. The hourly hard cap per user is set at 37,500 SAGA in the BNB pool and 9,375 SAGA in the FDUSD pool.

During the farming period, users will be able to stake their tokens and earn rewards. The Saga Launchpool offers a total of 45,000,000 SAGA tokens as rewards, which accounts for 4.5% of the maximum token supply. The initial circulating supply of Saga is set at 90,000,000 SAGA, which represents 9% of the maximum token supply.

To learn more about Saga (SAGA), users can access a research report that will be available within one hour of the announcement. Additionally, they can visit Saga’s website, read the whitepaper, or join their Medium, Discord, and Telegram communities for further information and updates.

It’s important to note that participation in the Saga Launchpool may be subject to eligibility criteria based on the user’s country or region of residence. Binance has outlined that users from certain jurisdictions, such as Australia, Canada, Cuba, Crimea Region, Iran, Japan, New Zealand, Netherlands, North Korea, Syria, United States of America and its territories, and any non-government controlled areas of Ukraine, are not eligible to participate.

As always, Binance advises users to conduct their own research and exercise caution when participating in any cryptocurrency-related activities. Users should be aware of false advertising or claims of selling the token before the official timeline, and should prioritize the safety of their funds.

With the launch of Saga on Binance Launchpool, Binance continues to provide its users with innovative opportunities to engage in the crypto ecosystem and explore new tokens and projects.