Solana co-founder talks about the company’s crypto smartphone
They want to compete with Apple and Google
The company will offer decentralization, which the top tech giants do not have
The head of Solana, Anatoly Yakovenko, shared his plans and spoke about the prospects of Saga, the company’s Web3 smartphone, unveiled in June this year.
According to the businessman, Solana will offer a new alternative to traditional business models – decentralisation instead of total control. The company is betting on working with programmers and niche users.
The new smartphone will attract an audience through a bet on decentralisation, transparency and other Web3 technologies. Such advantages cannot be offered by well-known competitors like Apple and Google because “it disrupts their business models”.
In contrast to Apple and Google’s monopolies, Web3 solutions will allow free disposal of digital property. User rights will be enshrined in an independent blockchain.
“Now is a great opportunity [to compete],” Yakovenko said, adding that the technogiants’ theoretical move to Web3 would be “a win for everyone in the cryptosphere”.
Recall that the Saga smartphone will be released in early 2023 and will cost up to $1,000. The company has already opened pre-orders. In addition to decentralisation, the device will have built-in cryptocurrencies and services for easy DeFi.