Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Solana Forum => Topic started by: Gladitorcomeback on January 16, 2024, 04:24:45 AM
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Whats an opportunity when Solona price was dumps below 10$. Back to back network degrade lost the trust of investors. Everyone was thinking that it could be next Luna but team doesn't care of panics and continue devolping and afer one month SOL back to it's feet and investors back to buy SOL and start supporting.
In the mean times Sol launched the first smart phone Saga which gives free bonk token. The good thing was that the token price was more than Smart phone price. Most of good project released on solona network which opened the way of success.
Now I read news today that Solona team is looking to launch another smartphone which will be cheaper in price (first one was more than 1000$) and also hardware will be also changed.
Some features which will be added
1: onboard crypto wallet,
2: custom Android software and a "dApp store" for crypto applications
3: Cheaper price
Read full details here (https://www.coindesk.com/business/2024/01/16/solana-mobile-to-sell-second-crypto-smartphone-source/)
What do you think, The new phone will also success like Saga?
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Now I read news today that Solona team is looking to launch another smartphone which will be cheaper in price (first one was more than 1000$) and also hardware will be also changed.
Some features which will be added
1: onboard crypto wallet,
2: custom Android software and a "dApp store" for crypto applications
3: Cheaper price
Read full details here (https://www.coindesk.com/business/2024/01/16/solana-mobile-to-sell-second-crypto-smartphone-source/)
What do you think, The new phone will also success like Saga?
As far as I know, the Sagaphone price was reduced to $600 shortly after release. Some media wrote that it was because the demand for this phone was low.
As for the new phone from them, I think it will be more successful than the first one. Last year, the Sagaphone became hype because of airdrops, and it seems to me that there will be a lot of people who want to buy a new phone from Solana because there will probably be airdrops for the owners of this phone as well.
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As far as I know, the Sagaphone price was reduced to $600 shortly after release. Some media wrote that it was because the demand for this phone was low.
As for the new phone from them, I think it will be more successful than the first one. Last year, the Sagaphone became hype because of airdrops, and it seems to me that there will be a lot of people who want to buy a new phone from Solana because there will probably be airdrops for the owners of this phone as well.
This is a pioneering, unique and effective marketing strategy from Solana. Many people laughed at Sagaphone but then regretted not buying it and losing the opportunity to receive a high-value Airdrop from Solana. The second phone will continue this marketing strategy: creating a sense of ownership and the opportunity to receive rewards from new projects in Solana ecosystem. The phone is something the owner can show off to friends, indirectly advertising Solana for free. Phone sales are not as important as advertising and creating FOMO in community.
No project in the crypto market has done this before. Just as Vitalik Buterin said, there are many very smart people in The Solana Foundation 8)
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During whole my life the I have been familiar with cryptocurrency, I have seen plenty of projects that wanted to create a crypto mobile phone. Whether it was going to be just a mobile for calls, mobile that encrypts calls, mobile that farms tokens (that even sounds funny), whether it was going to be a mobile that was instantly an app, bank, and cryptograph, all projects failed. Every single projects that ran startup, ico of any other way to raise money - every single one of them failed. Among several tens, only one or two presented a prototype.
Same faith is going to happen with Solana. No matter how many millions they would spend on development, firstly they cant compete with current mobile market giants, secondly because users will never move from iPhone, Samsung, Xiaomi and etc. No matter how much will be spend on marketing, only few enthusiasts will buy them.
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Same faith is going to happen with Solana. No matter how many millions they would spend on development, firstly they cant compete with current mobile market giants, secondly because users will never move from iPhone, Samsung, Xiaomi and etc. No matter how much will be spend on marketing, only few enthusiasts will buy them.
I personally haven't used SagaPhone, but it seems to be a pretty mediocre phone, judging by reviews and comparisons on the internet. So, there is no doubt that no one who owns an Apple or Samsung phone will switch to SagaPhone. In fact, phones from Solana shouldn't be perceived as gadgets for everyday use but as an investment that can easily pay off during the hype and bring additional profit in the form of airdrops.
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Same faith is going to happen with Solana. No matter how many millions they would spend on development, firstly they cant compete with current mobile market giants, secondly because users will never move from iPhone, Samsung, Xiaomi and etc. No matter how much will be spend on marketing, only few enthusiasts will buy them.
I personally haven't used Sagafone, but it seems to be a pretty mediocre phone, judging by reviews and comparisons on the internet. So, there is no doubt that no one who owns an Apple or Samsung phone will switch to Sagafone. In fact, phones from Solana shouldn't be perceived as gadgets for everyday use but as an investment that can easily pay off during the hype and bring additional profit in the form of airdrops.
Since most of the mobiles today are more or less the same in design, have similar features, apps and etc, when it comes to choosing a new mobile, rarely who will choose a new brand. And I doubt that Solana going to spend same budget on promotion as iPhone or Samsung does. So far I see no advantages this Saga mobile could have over current mobile. I saw in the article it was written about special apps, but since the OS is Android, any other Android could easily have and use them.
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Since most of the mobiles today are more or less the same in design, have similar features, apps and etc, when it comes to choosing a new mobile, rarely who will choose a new brand. And I doubt that Solana going to spend same budget on promotion as iPhone or Samsung does. So far I see no advantages this Saga mobile could have over current mobile. I saw in the article it was written about special apps, but since the OS is Android, any other Android could easily have and use them.
Solana developers have chosen a different way to promote their Sagaphone, and they don't need to spend as much money on advertising as Apple or Samsung do. Last year's hype around Sagaphone is a clear example of the fact that airdrops as a product promotion work no worse than traditional advertising methods.
As for the advantages of Sagaphone, I would only note the presence of such a feature as a seed vault.
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Since most of the mobiles today are more or less the same in design, have similar features, apps and etc, when it comes to choosing a new mobile, rarely who will choose a new brand. And I doubt that Solana going to spend same budget on promotion as iPhone or Samsung does. So far I see no advantages this Saga mobile could have over current mobile. I saw in the article it was written about special apps, but since the OS is Android, any other Android could easily have and use them.
Solana developers have chosen a different way to promote their Sagaphone, and they don't need to spend as much money on advertising as Apple or Samsung do. Last year's hype around Sagaphone is a clear example of the fact that airdrops as a product promotion work no worse than traditional advertising methods.
As for the advantages of Sagaphone, I would only note the presence of such a feature as a seed vault.
Besides crypto related people, other people are familiar with Sagaphone? Or if they will be shown it, they will say this is just another android? For the price they've ask, user can buy something like Redmi with same system spec, hardware wallet and will have money left to buy VPN plan for a year. For any user, I already see a major problem with this phone - maintenance. Ordering replacement parts and repairs will last for months. Borderless screen cracks nicely from a fall from the table. With such not mass market production, it is always a dangerous to order such complicated gadgets.
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Solana developers have chosen a different way to promote their Sagaphone, and they don't need to spend as much money on advertising as Apple or Samsung do. Last year's hype around Sagaphone is a clear example of the fact that airdrops as a product promotion work no worse than traditional advertising methods.
As for the advantages of Sagaphone, I would only note the presence of such a feature as a seed vault.
I have seen a few reviews about Sagaphone. According to comments, Sagaphone is just a smartphone with normal design and functions like dozens of other models, while its price is too expensive for the Saga brand[1].
This only be changed when owners receive profits from BONK token airdrop. Their purpose is only to Airdrop in the future from new projects on Solana, not to own or use Sagaphone. If other blockchains choose to sell a USB for 50 USD with many Airdrops, they will be more successful than Solana without having to bear the risk of producing Sagaphone at high costs.
References:
[1] This is a Crypto Phone. Don’t Buy It. (https://www.youtube.com/watch?v=hRSMJGs0YMg)
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Whats an opportunity when Solona price was dumps below 10$. Back to back network degrade lost the trust of investors. Everyone was thinking that it could be next Luna but team doesn't care of panics and continue devolping and afer one month SOL back to it's feet and investors back to buy SOL and start supporting.
You can't blame the people you know, a lot of money was invested on Solana back then in 2021 and many people had much trust on Sam as the leader of FTX but billions of dollars were loss because of his negligence and you want to say people live because of trust, I will also do the same to protect my investment.
In the mean times Sol launched the first smart phone Saga which gives free bonk token. The good thing was that the token price was more than Smart phone price. Most of good project released on solona network which opened the way of success.
What do you think this wasn't successful? Because it's just a normal android phone and nothing special, the operating system is just like that of any android phone and a wallet and that's all, nothing special about the phone except when they airdrop some thousands of dollars to the wallet created on the phone to make it look as if the buyers did the right thing.
What do you think, The new phone will also success like Saga?
I don't think this new one will be cheaper. But come to think of it, why will an android phone cost more than a thousand dollars, how is even iPhone 15 pro max, and you expect people to buy a Saga phone with poor camera quality. I don't think this is a productivity to Solana if the phone is as empty as an android phone.
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What I read from the local news is that the brand is now Solana Mobile with a price range of $450 pre-orders are already open delivery will be in 2025, meaning we have a year to wait until the phone arrives, quite a long time.
I already knew about this news from their first Saga phone but is it in high demand?
So we can say this is more for the Solana community who are more interested while most people already have their own brand name phones that have been used for a long time.
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What I read from the local news is that the brand is now Solana Mobile with a price range of $450 pre-orders are already open delivery will be in 2025, meaning we have a year to wait until the phone arrives, quite a long time.
I already knew about this news from their first Saga phone but is it in high demand?
So we can say this is more for the Solana community who are more interested while most people already have their own brand name phones that have been used for a long time.
Most likely, the community isn't really interested in the phone itself as much as the potential airdrops. As for pre-orders, $450 is the initial price at the first stage. In total, there will be three stages of pre-orders, and it seems to me that the price for this phone may be much higher by the end of the year.
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During whole my life the I have been familiar with cryptocurrency, I have seen plenty of projects that wanted to create a crypto mobile phone. Whether it was going to be just a mobile for calls, mobile that encrypts calls, mobile that farms tokens (that even sounds funny), whether it was going to be a mobile that was instantly an app, bank, and cryptograph, all projects failed. Every single projects that ran startup, ico of any other way to raise money - every single one of them failed. Among several tens, only one or two presented a prototype.
Same faith is going to happen with Solana. No matter how many millions they would spend on development, firstly they cant compete with current mobile market giants, secondly because users will never move from iPhone, Samsung, Xiaomi and etc. No matter how much will be spend on marketing, only few enthusiasts will buy them.
Even if they leave the phone in the market, they will not be able to survive in this competition. But I think many of those who are well connected with crypto currency may purchase the phone with only crypto currency in mind for their convenience. Also, this phone has various benefits. But it may not be as good as other popular smart phones in the market.
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Even if they leave the phone in the market, they will not be able to survive in this competition. But I think many of those who are well connected with crypto currency may purchase the phone with only crypto currency in mind for their convenience. Also, this phone has various benefits. But it may not be as good as other popular smart phones in the market.
I think the Solana team doesn't aim to compete with Apple, Samsung, and other big phone manufacturers. In fact, Saga phones with periodic airdrops can even be separated into a new category of smartphones in which it has no competitors yet.
By the way, there are already 40k pre-orders for the new model, which I think is a pretty good result for such kind of smartphone.
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Even if they leave the phone in the market, they will not be able to survive in this competition. But I think many of those who are well connected with crypto currency may purchase the phone with only crypto currency in mind for their convenience. Also, this phone has various benefits. But it may not be as good as other popular smart phones in the market.
I think the Solana team doesn't aim to compete with Apple, Samsung, and other big phone manufacturers. In fact, Saga phones with periodic airdrops can even be separated into a new category of smartphones in which it has no competitors yet.
By the way, there are already 40k pre-orders for the new model, which I think is a pretty good result for such kind of smartphone.
Competing with existing ones is certainly not wise, especially with certain brands that have dominated the market for quite a while. But you have to remember that people always want to update and like new things. If they can enter a different segment, for example, at a more competitive price, they will certainly become a target too.But with the pre-order that you said, of course this is quite something, and it is clear that they are really looking forward to it. We will see further news, and of course it could be an alternative if it is possible.
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Now I read news today that Solona team is looking to launch another smartphone which will be cheaper in price (first one was more than 1000$) and also hardware will be also changed.
After I read all the replies on this topic, I still have the principle that the value of Smartphones from Solana coins is very expensive.
For me, who only works in a factory for 1,000 USD, buying a smartphone is very expensive, I can't recommend it to myself or my friends.
Maybe for me a smartphone worth 200-250 USD is still acceptable, but if the smartphone price is above 250 USD it is very expensive, this is about my personal availability of money, not just the features of the smartphone. :-\
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Now I read news today that Solona team is looking to launch another smartphone which will be cheaper in price (first one was more than 1000$) and also hardware will be also changed.
After I read all the replies on this topic, I still have the principle that the value of Smartphones from Solana coins is very expensive.
For me, who only works in a factory for 1,000 USD, buying a smartphone is very expensive, I can't recommend it to myself or my friends.
Maybe for me a smartphone worth 200-250 USD is still acceptable, but if the smartphone price is above 250 USD it is very expensive, this is about my personal availability of money, not just the features of the smartphone. :-\
Practicality right? what is the use of so expensive phone when you are just using this for social media and some sort of browsing? for me that is just impractical and I am not for buying such expensive .
I remember having my first I phone when its downgraded, meaning I purchase my first Iphone6 when the latest one is Iphone 10 ;D and for you to know? I bought as second hand coz the brand new is still expensive .
My phone now is Android amounting 150 dollars and I am contented lol
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Have you read whole article? People plan to buy Solana phone, because they think they will get airdropped altcoins, like it has happened with previous phone. They are not interested in Solana phone as a device to use in general. Some people even evaluated value of Solana components and they cost around 150 dollars. Software part have some cost also. But imo that phone looks overpriced. They charge same price as top manufacturers do, but airdropping altcoins for phone owners is not guaranteed.
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Have you read whole article? People plan to buy Solana phone, because they think they will get airdropped altcoins, like it has happened with previous phone. They are not interested in Solana phone as a device to use in general. Some people even evaluated value of Solana components and they cost around 150 dollars. Software part have some cost also. But imo that phone looks overpriced. They charge same price as top manufacturers do, but airdropping altcoins for phone owners is not guaranteed.
People love where they can get fast and quick money, they don't fancy good investment and when they burn their investment and all capital, they hide under "crypto is a scam" slogan to wash away their shame because why will you prefer to buy something because they want airdrop. The last time I check the newly improve Saga phone that will be launch will be worth more than $1k, how much airdrop are they going to give that can cover for that amount to buy the phone.
What is the intention of the team regarding these. There was time the company behind the saga phone were trying to shut down because there was low sales of the phone and no funds to keep up with the plans and that was when the phone was cheap and now they want to launch another one for hight amount. People that will buy will resale immediately as soon as they get their Airdrops and Solana will be hurt in the end.
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Have you read whole article? People plan to buy Solana phone, because they think they will get airdropped altcoins, like it has happened with previous phone. They are not interested in Solana phone as a device to use in general. Some people even evaluated value of Solana components and they cost around 150 dollars. Software part have some cost also. But imo that phone looks overpriced. They charge same price as top manufacturers do, but airdropping altcoins for phone owners is not guaranteed.
People love where they can get fast and quick money, they don't fancy good investment and when they burn their investment and all capital, they hide under "crypto is a scam" slogan to wash away their shame because why will you prefer to buy something because they want airdrop. The last time I check the newly improve Saga phone that will be launch will be worth more than $1k, how much airdrop are they going to give that can cover for that amount to buy the phone.
What is the intention of the team regarding these. There was time the company behind the saga phone were trying to shut down because there was low sales of the phone and no funds to keep up with the plans and that was when the phone was cheap and now they want to launch another one for hight amount. People that will buy will resale immediately as soon as they get their Airdrops and Solana will be hurt in the end.
Buying a mobile or any other device (if only it is give any unique service) is never a good investment. IF they want to charge $1k for Saha phone, then I can only wish them good luck, as sales not only going to be low, only employees that want to look good in employers eyes, and real fanatics will buy it. People say its components cost around $150. It has an Android OS, which isnt costly. They dont have specific software, that can cost $500. If they boast with built-in security wallet, then people will buy hardware wallets like Ledger or Trezor instead, and on a change will buy a more popular mobile instead.
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In my opinion, when the price of Solana dropped below $10, it was a great time to invest. Despite temporary network issues, the project team continued to develop, attracting investors back. The release of the first Saga smartphone and plans to release another at a lower price with additional features, such as an integrated crypto wallet, represent significant potential for attracting new users and strengthening Solana's position in the market.
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Have you read whole article? People plan to buy Solana phone, because they think they will get airdropped altcoins, like it has happened with previous phone. They are not interested in Solana phone as a device to use in general. Some people even evaluated value of Solana components and they cost around 150 dollars. Software part have some cost also. But imo that phone looks overpriced. They charge same price as top manufacturers do, but airdropping altcoins for phone owners is not guaranteed.
With the airdrop provided by Solana, no one can provide a guarantee because when there is a program, everyone who buys a cellphone from Solana gets an airdrop. There will be FOMO, and many people will be eyeing that cellphone, but the developers from Solana will also, of course, consider where the exchange will make the coin price. Solana goes down or not, but what is certain is that the developer will not provide guarantees regarding the airdrop program, and the developer is very careful when making decisions.
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As you guys may already know, Solana recently reported (https://twitter.com/solanamobile/status/1757042126716592568) that they have reached 100k pre-orders for the new Sagaphone in less than 30 days. This is an impressive result, but it also means that the pre-order price of the phone will get higher as the first phase of pre-orders will close (https://twitter.com/solanamobile/status/1757449602775564497) in just a few hours.
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Solana hits 100k preorders for second mobile device, five times original production
Solana Mobile said in a Feb. 12 announcement that it has attained 100,000 preorders for its upcoming “Chapter 2” mobile device. The firm said that those 100,000 preorders occurred over less than 30 days, noting that this number means that the early preorder price ($450) will end in 48 hours. Solana Mobile’s website adds that the product should ship in the first half of 2025 now that this milestone has passed.
Did you order yourself a solana phone?
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Why would anybody need one though? It is unclear how long will the support last, if it ever has any to begin with. If a secure element that protects your seed is the reason, I'm sure it exists on other devices too since it mainly relies on the feature of the CPU instead of dedicated hardware, IIRC. So yeah, I'm not going to buy any luxury product like this since I can buy a cheap mid-range phone if I ever need one. Not to mention the shipping is way too long for a product that might face its end of service within one or two years after it was launched.
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Now I read news today that Solona team is looking to launch another smartphone which will be cheaper in price (first one was more than 1000$) and also hardware will be also changed.
Some features which will be added
1: onboard crypto wallet,
2: custom Android software and a "dApp store" for crypto applications
3: Cheaper price
Read full details here (https://www.coindesk.com/business/2024/01/16/solana-mobile-to-sell-second-crypto-smartphone-source/)
What do you think, The new phone will also success like Saga?
As far as I know, the Sagaphone price was reduced to $600 shortly after release. Some media wrote that it was because the demand for this phone was low.
As for the new phone from them, I think it will be more successful than the first one. Last year, the Sagaphone became hype because of airdrops, and it seems to me that there will be a lot of people who want to buy a new phone from Solana because there will probably be airdrops for the owners of this phone as well.
That is another shot for Solana to improve their names but the sad part is their network being shutting down for how many times now?
is this the market that we must understand safeties though i also trusted SOL for some time but I am always looking for safe outcome.
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That is another shot for Solana to improve their names but the sad part is their network being shutting down for how many times now?
is this the market that we must understand safeties though i also trusted SOL for some time but I am always looking for safe outcome.
Let's be honest for atleast this time and let Solana knows the truth, they don't need this phone that was set to launched. The previous that was sold was expensive but upon watching the reviews and other platforms, it was evidence that the phone is not worth it, the phone camera is very poor, the processor is wack and other parts of the phone and now they want to launch another one again but this time worth $1000 and I ask myself, how much is iPhone 13 pro selling right now? This phone is not worth the hype.
Instead of them wasting another resources, they should better use it on their network that is always going off for some minutes. It's a shame that fastest blockchain has gone off more than Ethereum that everyone is trying to shame for it's low transaction speed and high fees.
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Whats an opportunity when Solona price was dumps below 10$. Back to back network degrade lost the trust of investors. Everyone was thinking that it could be next Luna but team doesn't care of panics and continue devolping and afer one month SOL back to it's feet and investors back to buy SOL and start supporting.
In the mean times Sol launched the first smart phone Saga which gives free bonk token. The good thing was that the token price was more than Smart phone price. Most of good project released on solona network which opened the way of success.
Now I read news today that Solona team is looking to launch another smartphone which will be cheaper in price (first one was more than 1000$) and also hardware will be also changed.
Some features which will be added
1: onboard crypto wallet,
2: custom Android software and a "dApp store" for crypto applications
3: Cheaper price
Read full details here (https://www.coindesk.com/business/2024/01/16/solana-mobile-to-sell-second-crypto-smartphone-source/)
What do you think, The new phone will also success like Saga?
The launching of Solana second smart phone is an interesting development for Solana ecosystem. The smartphones is a powerful tools for a accessing crypto and Defi applications. Don't be too shock because Solana want to capitalize on the mobile market because smartphones are very unique these days.
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The launching of Solana second smart phone is an interesting development for Solana ecosystem. The smartphones is a powerful tools for a accessing crypto and Defi applications. Don't be too shock because Solana want to capitalize on the mobile market because smartphones are very unique these days.
Solana is currently starting to develop very quickly and when they develop smartphones this will provide a good step to develop interest in Solana which has the aim of increasing the price of Solana because it will definitely make many people interested in Solana and buy Solana.
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The launching of Solana second smart phone is an interesting development for Solana ecosystem. The smartphones is a powerful tools for a accessing crypto and Defi applications. Don't be too shock because Solana want to capitalize on the mobile market because smartphones are very unique these days.
Solana has achieved great success because their development and progress are truly impressive. They even launch various projects which are quite significant every time.
After their success with their Saga smartphone and its success in selling out, there will be chapter 2 preorders which are still ongoing now. Even though this device will be ready perhaps in mid-2025, currently there has been quite a massive promotion and introduction from chapter 2 of this pre-order.
More details here:
https://two.solanamobile.com/
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Now I read news today that Solona team is looking to launch another smartphone which will be cheaper in price (first one was more than 1000$) and also hardware will be also changed.
After I read all the replies on this topic, I still have the principle that the value of Smartphones from Solana coins is very expensive.
For me, who only works in a factory for 1,000 USD, buying a smartphone is very expensive, I can't recommend it to myself or my friends.
Maybe for me a smartphone worth 200-250 USD is still acceptable, but if the smartphone price is above 250 USD it is very expensive, this is about my personal availability of money, not just the features of the smartphone. :-\
- Actually, the $250 smartphone is a good class of phone, and its specs are also high. Now, if the cost of the smartphones is around $1,000 each, it is not practical for me because I just don't know about other communities here.
1000$ for a phone device is a luxury that can be considered; the 80$ mobile device is okay with me, to tell you honestly, but I will never buy the 1000$ for that amount even if I have something to buy.
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Now I read news today that Solona team is looking to launch another smartphone which will be cheaper in price (first one was more than 1000$) and also hardware will be also changed.
After I read all the replies on this topic, I still have the principle that the value of Smartphones from Solana coins is very expensive.
For me, who only works in a factory for 1,000 USD, buying a smartphone is very expensive, I can't recommend it to myself or my friends.
Maybe for me a smartphone worth 200-250 USD is still acceptable, but if the smartphone price is above 250 USD it is very expensive, this is about my personal availability of money, not just the features of the smartphone. :-\
- Actually, the $250 smartphone is a good class of phone, and its specs are also high. Now, if the cost of the smartphones is around $1,000 each, it is not practical for me because I just don't know about other communities here.
1000$ for a phone device is a luxury that can be considered; the 80$ mobile device is okay with me, to tell you honestly, but I will never buy the 1000$ for that amount even if I have something to buy.
In my opinion, too many smartphones that they develop are not good and may not make investors or traders interested anymore, because so far to increase Solana sales it is better to make the smartphones they produce limited but get good development so that it will make users become more will buy the products they offer.