Solana Cellular, a subsidiary of blockchain expertise firm Solana Labs, has revealed the following steps for its soon-to-be-shipped Seeker machine and the general ecosystem. The steps embrace a brand new, trustless structure, a local token, and the Seeker ship date.
In response to the announcement, Solana Cellular will ship the machine beginning Aug. 4. Seeker is the corporate’s second-generation machine, after the Saga Web3 telephone that launched in April 2023.
The corporate unveiled the Seeker telephone in September 2024, saying it wouldn’t simply be a “memecoin telephone.” Thus far, it has pre-sold 150,000 items.
The Solana Seeker has gone by way of two sale phases: The Founder window, the place the value for every machine was $450, and the Early Adopter window, the place the value per machine was $500.
Assuming the lower cost window, Solana Cellular might generate at the least $67.5 million in gross income from machine gross sales. For comparability, the iPhone generated $199.3 billion in income for Apple in 2024.
The brand new structure that can govern future Solana Cellular gadgets is named TEEPIN, which stands for “Trusted Execution Setting Platform Infrastructure Community.” It’s a three-layer structure — {hardware}, platform, and community layers — that can permit customers, builders, and machine makers to take part in a trustless atmosphere.
Anatoly Yakovenko, co-founder and CEO of Solana Labs, known as TEEPIN “the following evolution in cellular” and a framework the place belief is “verified by cryptography.”
As well as, Solana Cellular is planning to launch “SKR,” the native asset of the Solana Cellular ecosystem. “It transforms the normal cellular enterprise mannequin by giving stakeholders precise possession within the platform,” mentioned Emmett Hollyer, normal supervisor at Solana Cellular.
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Solana Saga
Solana Cellular’s first launched machine, Saga, initially elicited blended reactions from the Web3 group — some hailed it as Web3’s “iPhone second,” whereas others pointed to the community’s outages as a disadvantage.
The Saga telephone didn’t take off till late 2023, when a surge within the worth of memecoins saved on the gadgets turned them into surprising revenue machines. Some items had been listed on eBay for hundreds of {dollars}, pushed by rising demand. By December 2023, the Saga had fully bought out.
Journal: Memecoins are ded — However Solana ‘100x higher’ regardless of income plunge
