Solana’s Saga Phone Only Sold 2,200 Units

Launched in May 2023, the Solana Saga phone encountered difficulties in sales when it sold only 2,200 units.

Solana’s Saga Phone Only Sold 2,200 Units_65b9715a9f277.webp

Sharing with Unchained, Solana Labs founder Anatoly Ykovenko said that Solana’s Saga smartphone needs to increase sales to 25,000 to 50,000 units to create the necessary attention. The founder revealed that after more than half a year of launch, the company had only sold 2,200 units, which posed a challenge to driving interest and access from consumers.

💪 After FTX’s collapse, many wondered whether Solana would survive. One year later, it’s one of the most successful cryptos of 2023.

Solana Labs co-founder @aeyakovenko joins @unchained_pod to discuss how Solana weathered the storm 🌪https://t.co/T7ZDlPvjbJ

— Laura Shin (@laurashin) December 5, 2023

Accordingly, the company is considering product marketing strategies such as in-store discounts and upgrading application models to improve sales. The goal is to build a solid user base.

Before its launch, the Saga phone received positive reviews and was often presented by famous founders at many events. According to Solana, Saga’s unique feature is the Solana Mobile Stack (SMS), a custom toolkit that helps integrate crypto into the phone.

Related: Elon Musk’s xAI Wants To Raise $1 Billion From IPO

The Saga retails for $1,000, and features top-notch specs including a Snapdragon 8+ Gen 1 processor, 6.67-inch OLED display, 12GB of RAM, and 512GB of storage. The phone uses the default Android operating system.

Although starting from a blockchain project and not specializing in phone production, Saga cannot avoid design flaws. Recently, on November 15, testing unit CertiK shared a video demonstrating how to attack Saga’s vulnerability, revealing that the boot loader on Solana Phone can be cracked. through the back gate.

Ever wondered about the security of your Web3 devices?

Our newest exploration reveals a significant bootloader vulnerability in the Solana Phone, a challenge not just for this device but for the entire industry. Our commitment to enhancing security standards is unwavering. 🔐… pic.twitter.com/lHZ5W7hXzy

— CertiK (@CertiK) November 15, 2023

From there, users’ devices can be hacked and assets can also be stolen. It is known that this vulnerability has been discovered on more than 2,000 phones that have been sold.

5.0/5

(100 votes)

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest

Guide To Participating In The Espresso Airdrop

Editor Choice | Airdrops

Guide to Participating in the Espresso Airdrop

Guide to Participating in the Espresso Airdrop, which has successfully raised $60 million and is currently launching the Kyoto 2.0 testnet program.

Guide To Participating In The Verda Airdrop (listing In October)

Airdrops | Editor Choice

Guide to Participating in the Verda Airdrop (Listing in October)

Guide to Participating in the Verda Airdrop, Verda City will conduct KYC for all users in September, and in October, they will list the $VERDA token. Join the $VERDA mining today!

How To Participate In The Mythical Games Airdrop

Airdrops | Editor Choice

How to participate in the Mythical Games Airdrop

Guide to Participating in the Mythical Games Airdrop, a renowned gaming project that has successfully raised $297 million. They are currently running the Mythical Forest campaign with a total prize pool of 2 million MYTH.

Azcnews Floki Eases Short Term Gains Following Short Selling

News | Altcoin | Editor Choice | Memecoin

FLOKI Eases Short-Term Gains Following Short Selling

FLOKI faces the potential for a significant decline in the near future. Buying pressure appears nonexistent as market participants remain wary of further volatility.

Opportunity To Win Up To $80,000 On Bybit

Airdrops | Editor Choice

TOKEN2049 Treasure Express: Opportunity to Win Up to $80,000 on Bybit

Join the event: TOKEN2049 Treasure Express for a chance to share rewards of up to $80,000 on Bybit.