Why Solana Mobile Is Launching a Token Alongside Its New Android Phone
Solana Mobile is set to launch its new Seeker smartphone on August 4, featuring advanced features over its predecessor, the Saga. With a focus on usability and security, the Seeker will include SeekerID, a SeedVault Wallet, and an enhanced Solana Dapp Store. Alongside the phone, Solana Mobile introduced the SKR token, designed to support a decentralized mobile ecosystem and facilitate communication within this platform. The SKR token, built on Solana’s layer-1 blockchain, will incentivize users and developers participating in the ecosystem. No specifics about the token's earning process have been released, but it is intended to simplify app store rules and fees for developers, enhancing platform ownership and access. Solana aims to build a decentralized infrastructure with TEEPIN, a three-layer architecture that encourages innovation without the constraints of existing mobile platforms. The Seeker phone has already garnered significant interest, with over 150,000 pre-orders available at $500 plus tax, half the price of the initial Saga model.
Source 🔗