10 months ago
60 ARTICLE AD
The company reported over 25,000 pre-orders immediately after the announcement.
Solana Mobile’s new web3 smartphone is seeing immense demand, with pre-orders for its “Chapter 2” device surpassing its first phone’s sales in its first year within the first day, according to TechCrunch citing Solana’s co-founder, Raj Gokal.
Pre-orders opened shortly after, and within 24 hours, Solana received over 25,000 pre-orders. By the 30-hour mark, pre-orders had reached 30,000 units. In contrast, Solana’s first web3 phone, Saga, sold less than 2,500 units in its first year since launching in mid-2023.
30,000 preorders in the first 30 hours.
It's small step towards realizing our goal of making web3 universally accessible.
Your faith in our vision means the world to us. We're just getting started 🔥
Preorder now 👉 https://t.co/nYR9apGGIT https://t.co/HUYKYd1aHF
— Solana Mobile 🌱 (@solanamobile) January 18, 2024
Gokal emphasized the opportunity for developers to reach a dedicated user base without the burden of app store fees. He also highlighted the potential for crypto to add value and incentivize app usage. With ‘Chapter 2,’ Solana Mobile is focusing on broader distribution, greater accessibility, and providing more flexibility for both developers and users.
“For developers, Solana Mobile is creating a massive opportunity for crypto app teams looking to incentivize their users. It gives them a concentrated distribution channel to die-hard, dedicated users. It allows them to do this without any prohibitive app store fees,” Gokal said.
Solana Mobile prepares to ship its new Chapter 2 phone in the first half of 2025.
The Chapter 2 phone was announced earlier this week with a cheaper $450 price tag, compared to the initial $1,000 price of the Solana Saga phone. Solana ultimately reduced the Saga’s price to $599, but sales remained slow for most of 2023.
It wasn’t until the dog-themed memecoin BONK announced that Saga owners would receive 30 million BONK tokens for free that demand suddenly surged. The arbitrage opportunity led to Saga’s limited stock of 20,000 phones quickly selling out, even with some orders being canceled and refunded due to inventory issues.
The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.
You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.
