Solana Announces a New Crypto Smartphone and a Web3 Developer Kit

On June 23 the CEO of Solana Labs, Anatoly Yakovenko declared in New York the launch of a software development kit for Web3 programs called "Solana Mobile Stack" as well as the delivery date of its new crypto phone. 

According to Yackovenko, Solana's new smartphone will cost approx $1000 and will be available for purchase early next year. The phone's flagship specs will put it on par with the big brands in the industry it will have a Snapdragon 8+ Gen 1 processor a 6.67 OLED display, 12 GB of RAM, and 512 GB of storage. 

The Smartphone will feature a Web3 decentralized app store, a mobile wallet called "Solana Pay" created to facilitate transactions via QR codes, and a "seed vailt" that will securely store the phone's private keys. 

Solana Labs is accepting $100 deposits from anyone who wants to participate in the Pre-sale. Those interested will receive an NFT pass via email when the time comes, Solana developers will be prioritized

BREAKING: Solana is launching a web3 mobile phone. pic.twitter.com/3YbrRs2QzM

— Altcoin Daily (@AltcoinDailyio) June 23, 2022

Raj Gokal one of the co-founders of Solana said that with these tools "developers can now bring the power of solana to the computers in our pockets" so this new phone could potentially revolutionize the mobile industry. 

“Solana can revolutionize so much of what we do everyday, but we need to open the possibilities for decentralized apps on our mobile devices in order for this potential to be realized.”

Sam Bankman Fried CEO of FTX a cryptocurrency exchange platform and Solana sponsor, said the crypto phone industry was way behind even though "everything is going mobile" So the best solution to keep up in this technological age is to have the actual wallet built into your phone. 

Related: Binance US Offers Zero Trading Fees for Bitcoin Spot Pairs