Solana Unveils Seeker Crypto Phone: 140K Pre-Orders, $63M Revenue, Advanced Features Coming in 2025

September 20, 2024
Solana Unveils Seeker Crypto Phone: 140K Pre-Orders, $63M Revenue, Advanced Features Coming in 2025
  • During the Token 2049 conference in Singapore, Solana Mobile announced the upcoming launch of its second crypto phone, the Seeker, which is set to ship in 2025.

  • The Seeker has already garnered significant interest, with over 140,000 pre-orders generating more than $63 million in revenue.

  • The marketing strategy for the Seeker will leverage token airdrops, a tactic that proved successful during the launch of Solana's first phone, the Saga.

  • The Saga initially faced poor sales and criticism, resulting in a 40% price reduction shortly after launch, but later saw a surge in demand due to the popularity of the BONK memecoin.

  • The demand for the Saga increased significantly after airdrops of two cat-themed memecoins, which covered the phone's purchase price for many buyers.

  • The Seeker will feature notable hardware upgrades over the Saga, including improved battery life, enhanced camera capabilities, and a higher-quality display.

  • Emmett Hollyer, General Manager at Solana Labs, emphasized that the Seeker will support a wide range of crypto use cases, not just memecoins.

  • Each Seeker phone will include a specialty-built crypto wallet that integrates with a Seed Vault for secure crypto transactions.

  • The Seeker is designed to enhance the development of decentralized applications by supporting various token launchpads and improving tracking of token rewards.

  • At the conference, Anthony Scaramucci noted that crypto advocates are working to lessen the influence of SEC Chair Gary Gensler on Democratic cryptocurrency policy.

  • Solana's co-founder, Anatoly Yakovenko, highlighted the importance of making the Seeker accessible and well-integrated for web3 functionality.

  • To facilitate airdrop allocation for Seeker users, Solana Mobile has partnered with Helius for zk-compression technology.

Summary based on 9 sources


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