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Solana Co-founder: Solana’s Web3 Phone Is a Chance Against Google and Apple

By Simon LawsonOctober 21, 20221 Min Read
Solana Co-founder: Solana’s Web3 Phone Is a Chance Against Google and Apple
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Solana SOL -1.58% co-founder Anatoly Yakovenko said at the Disrupt 2022 event. It’s been almost four months since Solana announced its web3-focused smartphone Saga, which is approaching its official release date, plans have changed.

We don’t need $10 million in sales right away, we’re actually targeting a very small audience, heavily encrypted web3 users. Users don’t have to log into four different apps to create crypto transactions.

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The web3-focused phone will allow content creators and platforms to enable digital ownership for organizations and users, instead of paying Apple and Google a 30 percent tax on app sales, Yakovenko added. The concept of true digital ownership means that digital items must be treated like physical objects, and that’s not something Apple or Google revolves around.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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Simon Lawson
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Simon Lawson has been a professional financial reporter for 6 years. He has in-depth research on the crypto industry and will release major crypto news in a timely manner.

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