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Solana opens an offline physical store and develops mobile phones on the public chain. Is this the new route of Web3?

Moni
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Is it plausible to use smartphones to bring web3 to the masses?
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Is it plausible to use smartphones to bring web3 to the masses?

This article comes fromindiatimes, original author: Ruchir Vyas

Odaily Translator |

Odaily Translator |

The advent of smartphones has completely changed our way of life. From banking to buying airline tickets, from stock trading to making short videos, it can all be done on a smartphone.

In order to accelerate the popularization of Web3 applications and seek a larger market space, Solana launched an Android-based Web3 smart phone Saga last month. Some crypto enthusiasts are calling it the "iPhone of Web3," and believe that Web3 smartphones will be the next big revolution in encryption.

What exactly is in a Web3 smartphone? Can it surpass the current smartphone and push the Web3 wave to the masses?

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1、Saga:Inventory of three Web3 smartphones on the market

2、HTC Desire 22 Pro:The first Web3 smartphone from Solana is expected to launch at $1,000. The phone runs on Google's Android system and comes with a decentralized app store (at no cost to users). Among other things, it comes with a seed vault for storing private keys, and a software development kit to help developers build DApps. Currently, the prototype is not yet on sale to the public and is expected to be officially launched early next year.

3、Nothing Phone (1):Built by Carl Pei, co-founder of mobile phone manufacturer OnePlus, this phone is not strictly a Web3 smartphone, but it integrates Polygon blockchain technology, which simplifies users' access to DApps, The flow of blockchain games and payments.

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Web3 smartphones vs. normal smartphonesA Web3 smartphone looks and feels like a regular smartphone, except thatWeb3 smartphones have built-in hardware encryption wallets

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looking to the future

looking to the future

Recently, the encryption winter has been raging, and some industry giants such as Three Arrows Capital, Voyager Digital, and Celsius Network are facing bankruptcy crisis, and people's confidence in the encryption industry is gradually weakening. Luckily, though, we've learned one thing in the first three decades of the Internet age—the possibilities are endless with new technologies.

As we all know, the current smartphone field is almost monopolized by Apple, Samsung and other companies, and it took them a long time to occupy the current market share. For the new Web3 smartphones, it will be a very difficult process to enter and occupy such a competitive market, especially at present, the overall adoption of Web3 in the market is still relatively slow and it also faces global regulatory issues .But in terms of the global population, more than 3.5 billion people use smartphones, and this number will increase significantly. So for Web3 smartphones, the chances of mass adoption are not small. And for fledgling Web3 smartphone makers, making the right choice at this point is especially critical:Do you choose to fight alone and compete with industry giants, or to establish a partnership with giants to achieve a win-win situation?

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