Solana’s Second Phone Just Crossed 100K Presales ($45M in Revenue)

TL;DR

The Solana telephone is a net-good for the crypto area — it lets builders goal customers immediately, sending airdrops to their wallets, as an alternative of paying FB to succeed in them.

Full Story

Is the second era Solana telephone solely promoting in such excessive numbers as a result of consumers count on it to airdrop them free cash?

Sure.

Will the price of the {hardware} ultimately be recouped by mentioned airdrops?

In all probability not.

Is it going to be a product most individuals will need to every day drive?

We extremely doubt it.

However we’re all for it — why?

Trigger the Solana telephone gathers a bunch of crypto nerds in a single (digital) area, and offers builders/companies direct entry to them.

(And that’s a means larger deal than it might first seem!)

Right here’s the way it impacts companies:

Having an important thought/product is one factor — convincing of us to make use of it’s one other.

The Solana telephone collects potential clients in a single place, validates their curiosity (they purchased a crypto telephone, they’re in all probability going to be focused on your crypto product) — this course of normally requires hundreds, if not thousands and thousands of {dollars} of advert spend throughout Fb and Google.

Now (in the event you’re constructing on Solana) it’s free.

Right here’s the way it impacts you (a crypto dork):

All that advert funds saved by builders? Guess the place it goes — or do not. We’ll let you know anyway…

Your pockets.

The way in which these crypto initiatives get the eye of Solana Cellphone customers is straightforward: they take what they beforehand would have spent on Fb/Google adverts, and airdrop that cash to any/all Saga telephone pockets addresses.

Wish to use/redeem the tokens? All it’s essential to do is register to the undertaking’s platform/service along with your Saga telephone. (BOOM! New customers).

It’s not an ideal system, however it’s means higher than what we’re used to!