Crypto

Ring ring, Solana’s web3-focused Saga phone is calling

Comment

An image of the Solana Saga phone alongside a box and user guide
Image Credits: Solana

About 10 months ago, Solana’s co-founder and CEO, Anatoly Yakovenko, announced the launch of Saga, a web3-focused Android smartphone. The phone is now being rolled out, and we got to test one ahead of its launch.

Solana says Saga was launched to make crypto products and services more accessible for users by offering them through a phone instead of the traditional way of accessing crypto platforms and applications, which is via computers.

I had an interesting few days using the Saga as my daily driver. Here’s what I thought about it.

Saga phone at a glance

Let’s get the basics out of the way: The $1,000 device comes packaged in a black box that includes the phone itself, a USB-C charging cable and a physical seed phrase paper card so you can write down your recovery phrase, which is a sequence of random words that you need to access your crypto wallet.

The phone’s operating system is based on Android 13, and it comes with 512 GB of storage with a 6.67-inch OLED display.

The setup process is your standard Android experience, involving the usual prompts for setting up your account and internet connection. You can skip most of that and set it up later, but I’d recommend setting up the fingerprint unlock, as it also serves as a verification method for signing crypto transactions.

I used Saga as my work phone for a few days. The phone’s 4011 mAh battery lasted me about 1.5 days starting at 82% on Monday night when I unboxed it to about 4% Wednesday morning. So I’d say it works well as far as battery life is concerned.

The phone also has a built-in mobile wallet adapter, which is part of the Solana Mobile Stack (SMS) that is invisible to users but is infrastructure that connects dApps to wallets, Steven Laver, the engineering lead at Solana Mobile, told TechCrunch. Similar to how MetaMask has a connect button on its desktop client, this adapter is a “comprehensive technology” that will bridge web dApps to mobile devices, he added.

The device also includes a web3-focused feature, the Seed Vault, which is embedded into the phone. Users can import a seed phrase from another crypto wallet or create a new one (Solana recommends creating a new one).

And that brings us to the core purpose of this phone’s existence: dApps.

A unique experience marred by bugs

Unlike typical Android devices, the Saga has web3 features and a “Solana dApp Store,” where you can find apps for web3 platforms.

The store has a slim handful of applications:

  • Four wallets: Phantom, Solflare, Ledger and Squads
  • Three DeFi apps: Marinade.finance, Jupiter and Mango
  • Three NFT apps: Nokiamon, Minty Fresh and TIEXO
  • Three social apps: Dialect, Audius Music and urFeed
  • And the dApp “workspace”

Interestingly, Magic Eden isn’t on the list of dApp stores, even though the marketplace shared plans to partner with the Solana Mobile Stack (SMS) last year when Saga was announced. After publication, Chris Akhavan, chief gaming officer at Magic Eden, told TechCrunch in a tweet its app would be live soon and is currently in a review state.

When the phone is released to the public “in the next two weeks” the Solana team is hoping more applications will be added to the dApp store, but Laver did not disclose to TechCrunch how many the store would eventually house.

“We’ve been reaching out and engaging with big players in the Solana ecosystem and those who recognize that mobile has won for everything else,” Laver said. “A lot of developers are realizing mobile will win eventually and they want to be there when it happens.”

Saga owners get $20 worth of USDC and 0.01 SOL, or 0.0026 of a dollar, as part of the dApp store welcome pack. The 0.01 SOL was not enough to play around with some of the applications, so I had a friend send my new crypto wallet a few dollars worth of SOL to test out the dApps.

The dApp Store currently gives Saga owners rewards, which includes an airdropped Saga genesis token, which is an NFT that provides access to rewards offered by dApps. The token is non-transferable and non-burnable, so users should make sure it’s not connected to a temporary wallet.

We tested out the Minty Fresh dApp and minted a picture of ourselves for 0.01197 SOL within seconds. It now lives forever on the Solana blockchain. The process itself was easy — and admittedly, fun — but using the phone was not the smoothest experience. The phone was sometimes slow, and I had to close and reopen dApps multiple times because the crypto wallet and NFT minting platform kept freezing.

It’s worth noting that I faced these issues the whole time I used the device, not just with dApps. I found myself having to close applications, tap the screen a number of times to unlock it or use dApps, or even order myself an Uber.

That’s not a problem you want to have with a brand new phone.

Rollout and future plans

Laver said that while the phone is still in its early stages, there will be software upgrades over time to keep things fresh.

Last June, Yakovenko said the phone would be delivered in Q1 2023, but deliveries have since been pushed to Q2. The phone is available for preorder with a $100 deposit.

A number of major web3 companies like crypto wallet Phantom, NFT marketplace Magic Eden and the now-collapsed crypto exchange FTX shared in June that they were partnering with Solana to help launch the phone, alongside a $10 million developer fund for people who build apps on it.

This phone is an attempt for web3 to compete with Big Tech providers like Apple, Microsoft and, of course, Android — but many are skeptical of its potential to do so given its niche market.

Last year, Yakovenko said the phone is “targeting the hardcore people who know what self-custody means. You gotta start with a group that loves this product and grow from there.”

On the other hand, Laver sees this as a device for a bigger crypto audience. He said Saga’s team is planning a marketing push with crypto-native users as well as people who are “crypto curious.”

“We want this to be someone’s phone,” Laver said. “This is the only phone I carry, I don’t have a second phone; it does everything a phone should do plus web3 things.”

Laver didn’t disclose the exact number of phones that were preordered, but said the number was in the “high single digits of thousands.” The phone is certified for sale in 33 countries and the company plans to expand to other countries in the long term, he added.

“We’re in this interesting place where we’re building interesting technologies, but also interested to see where people take it next,” Laver said. “We don’t have a roadmap of A, B or C. We’ve done ‘A’ of building this phone, but we’re excited to see where people take it next for ‘B’ and ‘C.’”

More TechCrunch

SpaceX’s massive Starship rocket could take to the skies for the fourth time on June 5, with the primary objective of evaluating the second stage’s reusable heat shield as the…

SpaceX sent Starship to orbit — the next launch will try to bring it back

Eric Lefkofsky knows the public listing rodeo well and is about to enter it for a fourth time. The serial entrepreneur, whose net worth is estimated at nearly $4 billion,…

Billionaire Groupon founder Eric Lefkofsky is back with another IPO: AI health tech Tempus

TechCrunch Disrupt showcases cutting-edge technology and innovation, and this year’s edition will not disappoint. Among thousands of insightful breakout session submissions for this year’s Audience Choice program, five breakout sessions…

You’ve spoken! Meet the Disrupt 2024 breakout session audience choice winners

Check Point is the latest security vendor to fix a vulnerability in its technology, which it sells to companies to protect their networks.

Zero-day flaw in Check Point VPNs is ‘extremely easy’ to exploit

Though Spotify never shared official numbers, it’s likely that Car Thing underperformed or was just not worth continued investment in today’s tighter economic market.

Spotify offers Car Thing refunds as it faces lawsuit over bricking the streaming device

The studies, by researchers at MIT, Ben-Gurion University, Cambridge and Northeastern, were independently conducted but complement each other well.

Misinformation works, and a handful of social ‘supersharers’ sent 80% of it in 2020

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Okay, okay…

Tesla shareholder sweepstakes and EV layoffs hit Lucid and Fisker

In a series of posts on X on Thursday, Paul Graham, the co-founder of startup accelerator Y Combinator, brushed off claims that OpenAI CEO Sam Altman was pressured to resign…

Paul Graham claims Sam Altman wasn’t fired from Y Combinator

In its three-year history, EthonAI has amassed some fairly high-profile customers including Siemens and chocolate-maker Lindt.

AI manufacturing startup funding is on a tear as Switzerland’s EthonAI raises $16.5M

Don’t miss out: TechCrunch Disrupt early-bird pricing ends in 48 hours! The countdown is on! With only 48 hours left, the early-bird pricing for TechCrunch Disrupt 2024 will end on…

Ticktock! 48 hours left to nab your early-bird tickets for Disrupt 2024

Biotech startup Valar Labs has built a tool that accurately predicts certain treatment outcomes, potentially saving precious time for patients.

Valar Labs debuts AI-powered cancer care prediction tool and secures $22M

Archer Aviation is partnering with ride-hailing and parking company Kakao Mobility to bring electric air taxi flights to South Korea starting in 2026, if the company can get its aircraft…

Archer, Kakao Mobility partner to bring electric air taxis to South Korea in 2026

Space startup Basalt Technologies started in a shed behind a Los Angeles dentist’s office, but things have escalated quickly: Soon it will try to “hack” a derelict satellite and install…

Basalt plans to ‘hack’ a defunct satellite to install its space-specific OS

As a teen model, Katrin Kaurov became financially independent at a young age. Aleksandra Medina, whom she met at NYU Abu Dhabi, also learned to manage money early on. The…

Former teen model co-created app Frich to help Gen Z be more realistic about finances

Can AI help you tell your story? That’s the idea behind a startup called Autobiographer, which leverages AI technology to engage users in meaningful conversations about the events in their…

Autobiographer’s app uses AI to help you tell your life story

AI-powered summaries of web pages are a feature that you will find in many AI-centric tools these days. The next step for some of these tools is to prepare detailed…

Perplexity AI’s new feature will turn your searches into shareable pages

ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved…

ChatGPT: Everything you need to know about the AI-powered chatbot

Battery recycling startups have emerged in Europe in a bid to tap into the next big opportunity in the EV market: battery waste.  Among them is Cylib, a German-based startup…

Cylib wants to own EV battery recycling in Europe

Amazon has received approval from the U.S. Federal Aviation Administration (FAA) to fly its delivery drones longer distances, the company announced on Thursday. Amazon says it can now expand its…

Amazon gets FAA approval to expand US drone deliveries

With Plannin, creators can tell their audience about their latest trip, which hotels they liked and post photos of their travels.

Former Priceline execs debut Plannin, a booking platform that uses travel influencers to help plan trips

Amazon is rolling out its AI voice search feature to Alexa, which lets it answer open-ended questions about content.

Amazon is rolling out AI voice search to Fire TV devices

Redpanda has already integrated Benthos into its own service and has made it the core technology of its new Redpanda Connect service.

Redpanda acquires Benthos to expand its end-to-end streaming data platform

It’s a lofty goal to take on legacy payments infrastructure, however, Forward’s model has an advantage by shifting the economics back to SaaS companies.

Fintech startup Forward grabs $16M to take on Stripe, lead future of integrated payments

Fertility remains a pressing concern around the world — birthrates are down in many countries, and infertility rates (that is, the inability to conceive) are up. Rhea, a Singapore- and…

Rhea reaps $10M more led by Thiel

Microsoft, Meta, Intel, AMD and others have formed a new group to design next-gen interconnects for AI accelerator hardware.

Tech giants form an industry group to help develop next-gen AI chip components

With JioFinance, the Indian tycoon Mukesh Ambani is making his boldest consumer-facing move yet into financial services.

Ambani’s Reliance fires opening salvo in fintech battle, launches JioFinance app

Salespeople live and die by commissions. It’s no surprise, then, that Salesforce paid a premium to buy a platform that simplifies managing commissions.

Filing shows Salesforce paid $419M to buy Spiff in February

YoLa Fresh works with over a thousand retailers across Morocco and records up to $1 million in gross merchandise volume.

YoLa Fresh, a GrubMarket for Morocco, digs up $7M to connect farmers with food sellers

Instagram is expanding the scope of its “Limits” tool specifically for teenagers that would let them restrict unwanted interactions with people.

Instagram now lets teens limit interactions to their ‘Close Friends’ group to combat harassment

Agritech company Iyris helps growers across eleven countries globally increase crop yields, reduce input costs, and extend growing seasons.

Iyris makes fresh produce easier to grow in difficult climates, raises $16M