Solana Mobile Shares Crucial Update Ahead of Version 2 Launch

Godfrey Benjamin
February 3, 2024
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Highlights

  • Solana Mobile to issue exclusive NFT to users who have preordered its latest phone
  • Snapshot slated for February 6 and 7
  • Incentive might have a ripple effect on the demand for the phone

Solana Mobile 2.0 Preorder is still open and a key update has been released to members of the community to watch out for a major incentivization event next week. 

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Solana Mobile Version 2 Backers To Get Incentivized

According to Solana Mobile customers who join the waiting list for the second iteration of the phone through Preorder will get some non-transferable tokens including Non-fungible tokens (NFTs) as incentives.

Amidst the hurdles faced by Solana’s initial phone called Saga, the Layer-1 protocol decided that it was high time it released ‘Chapter 2’ of the device. Based on the details offered about the phone, Solana Mobile phone 2 will retain some core features of Saga including ‘Snapdragon® 8+ Gen 1, 12GB of RAM, 512GM of Flash, 6.67” OLED display’ specifications.

The Solana Mobile 2.0 will also have an integrated crypto wallet, customized Android software, and a “dApp store” for crypto applications. Like every upgraded product, Solana mentioned that the new phone would be affordable while incorporating a new hardware specification. 

Solana Saga was capped at a price tag of $1,000 on its launch, although it was later sold for as much as $3,200 on eBay. On the other hand, Solana Mobile 2.0 will have a lower price tag compared to its predecessor. At the moment, it is available for pre-order at $450. 

In the space of 48 hours, after its Preorder program was announced, the protocol registered more than 30,000 units of the Solana Mobile paid for. Moving forward, the promise of incentives could push the demand for the phone to unexpected levels within days or weeks of its launch, just as it had down to Solana Saga.

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Incentives Piling Up for Solana Phones

Before Solana Saga’s listing on eBay, the demand for the phone reached an overwhelming high, largely contributed by talks about BONK, the pioneering memecoin within the Solana ecosystem. 

Every Solana Saga buyer was eligible for an attractive amount of 30,000 BONK. This revelation drove the demand for the phone very high and eventually caused it to get sold out. The urge to take a cut of the pie was why the device’s valuation on eBay soared through the roof.

For the new Solana Mobile version, it is not yet certain if there will be any BONK airdrop giveaways added to the incentives. However, its integration might go a long way in causing a demand jump for the device. The announced incentive program for the Chapter 2 phone may do as much as the BONK airdrop did for Saga last December.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on X, Linkedin
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.