Solana Labs introduced the Saga smartphone based on the Android operating system. The device is expected to go on sale in early 2023 for $1,000.

Saga is a custom OSOM smartphone with built-in cryptocurrency wallet features. The device will be preloaded with the Solana Mobile Stack (SMS) toolkit, which allows you to build decentralized applications for mobile phones.

The smartphone allows you to store digital assets and NFTs, sign transactions and pay for purchases via Solana Pay. The device will support Solana-based apps and will have its own dapp Store.

Solana Labs has announced its intention to develop the Saga ecosystem with partners such as NFT marketplace Magic Eden, DeFi platform Orca, and surveillance-free wallet Phantom.

According to the site, the device comes with a 6.67-inch OLED display, 12GB of RAM and 512GB of storage. The smartphone is based on Qualcomm’s Snapdragon 8+ Gen 1 chipset.

The SMS toolkit supports the Seed Vault protocol for secure storage of private keys. Second, it places them in a special enclave separated from the wallet, apps, and operating system. This mechanism is used in Saga.

Solana Labs offers SMS to developers a set of libraries and APIIt allows you to create mobile decentralized apps for devices running Android.

Solana Mobile Stack is already available for download on GitHub.

Those who want to buy Saga can pre-order for 100 USDC – this amount will be deducted from the total cost of the smartphone. The device will initially be launched in the US, Canada, EU and UK markets.

Recall that in June 2022, Solana Ventures and the Solana Foundation created a $100 million fund to support Web3 startups from South Korea.

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