Marketplace Will Be Free and Use Solana Pay For Transactions
Solana Mobile has launched details of its native App retailer, which will probably be out there solely on Solana’s Saga telephone when it launches.
In distinction to Apple’s App retailer and Google’s Play Store, which levy a 30% payment on all transactions, the Solana retailer will probably be free to make use of, and leverages Arweave, a decentralized file storage protocol, making it proof against censorship.
In an interview with The Defiant, it was revealed that the telephone will use a modified model of Google’s Android working system, coming outfitted with Google’s whole cellular suite.
Users could have the flexibility to conduct frictionless peer-to-peer transactions utilizing Solana Pay.
Saga’s seed vault runs in parallel with the Android working system and gives an extra layer of safety. The telephone comes with a $1,000 price ticket and will probably be launched in 33 countries.
According to a Dune Analytics dashboard, the Saga telephone acquired solely 60 preorders previously 30 days.
The lifetime gross sales of the telephone stand at 6,700.
Solana’s native token has outperformed the broader market this yr.
SOL is up 134% in 2023, whereas Ethereum has gained 30% throughout the identical interval.
SOL Price + ETH Price, Source: The Defiant Terminal