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Market News

Solana’s Seeker Device Shatters Memecoin Phone Stereotypes

Solana unveils its new smartphone, Seeker, with upgraded features, a zero-fee DApp store, and crypto rewards, at half the cost.

Written By Dishita Malvania
Fact Checked by Dhara Chavda
Published September 19, 2024 11:34 AM·Updated 7 months ago
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Solana's Seeker Device Shatters Memecoin Phone Stereotypes

Solana has just announced its latest smartphone, the “Seeker,” which comes at half the price of its predecessor, the Saga. Priced between $450 and $500 for pre-orders, Seeker promises a range of exciting new features while distancing itself from being known as just the “memecoin phone.”

Saga, launched last year, faced early criticism due to its technical limitations. However, its sales received a boost in December 2022 when a sudden 1,000% rise in the memecoin Bonk (BONK) led to a Saga sell-out. Solana hasn’t forgotten that moment and plans to offer similar rewards to Seeker buyers.

1/ We’ve been deep in build mode for months, and we’re excited to show you what we've been working on.

Introducing the next chapter of Solana Mobile: the Solana Seeker 🧵👇 pic.twitter.com/2UW3Wqhymw

— Seeker | Solana Mobile (@solanamobile) September 19, 2024

Speaking at TOKEN2049 in Singapore, Emmett Hollyer, General Manager at Solana Labs, described Seeker as a “rewards magnet.” However, he emphasized that it won’t rely solely on memecoins for appeal. “Seeker, just like Saga, will be a rewards magnet, but also, it’s a huge opportunity for teams to build totally new experiences,” Hollyer said. 

The new device will feature an upgraded dApp store and improved hardware, with Hollyer stating that Seeker will support a wide range of use cases, from memecoins to DeFi, payments, and gaming.

To address past concerns, Seeker comes with better hardware, including a higher-quality screen, improved cameras, and a longer-lasting battery. 

Hollyer said the phone would be “lighter, brighter, and better” but clarified that Solana is not aiming to compete with mobile giants like Apple and Samsung. Instead, they aim to maximize crypto utility in a handheld format.

One standout feature of Seeker is its open DApp store, which will allow developers to launch and deploy new applications more easily, bypassing the restrictive policies of Apple and Google. Hollyer noted that token launchpads, which are often hindered by the 30% fees from traditional app stores, would thrive on Seeker.

Though the initial token rewards airdropped to Seeker users stands at around $265, far lower than the $1,350 for Saga users, Hollyer argued that rewards are only part of the device’s appeal. The bigger picture is Seeker’s potential to host a wide range of new crypto experiences, including apps related to the Decentralized Physical Infrastructure Network (DePIN), like Helium.

With its zero-fee app store and crypto-friendly innovation, Seeker is expected to open up new possibilities for developers and users, making it a game-changer for Solana’s ecosystem.

Also Read: io.net Partners With TARS Protocol To Advance AI Within Solana

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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