- Saga includes the SMS, a web3 layer for Solana built on the phone.
- Web3 phone would provide digital ownership rights to users and firms rather than charging the 30% tax.
Solana declared in June that it was launching a web3 phone, called the “Saga.” following that, in a recent TechCrunch Disrupt summit, co-founder Anatoly Yakovenko outlined this as an opportunity against Google and Apple and a way for developers to avoid the tax these companies impose on the sales made through the app store.
According to Yakovenko, True digital ownership requires treating digital assets like physical ones, which is not how Apple or Google are designed. And, Anatoly Yakovenko said;
They’re built around a rent-seeking model where all the content is owned by the creator and you as a user rent it. When you buy a video from Amazon, you don’t actually own it; everyone realizes that you don’t own it.
Solana’s Web3 Phone Saga
The web3-focused phone would let platforms and content creators provide digital ownership rights to users and firms rather than charging the 30% tax that Apple and Google impose on app purchases.
Saga includes the Solana Mobile Stack (SMS) software development kit for Web3. Solana describes the SMS as an Android framework that enables developers to develop sophisticated mobile experiences for wallets and apps on Solana.
In addition, Saga aims to develop digital asset products and services so that users can utilize their cryptocurrencies on a mobile device rather than a laptop browser to make transactions. However, Saga wasn’t directly created by Solana instead, it hired Osom, a team of ex-Google smartphone engineers, and Essential, a small-batch smartphone maker, to relabel one of their devices.