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Just realized something wild about how the Solana saga mobile phone story played out. What started as industry hype basically became a cautionary tale in just two years. Solana Mobile pulled support for the original device, leaving 20,000 users with what's essentially expensive paperweights now.
Here's what happened: The saga mobile phone launched at $1,000 in May 2023 with this grand vision of creating a native Web3 device. The idea was solid on paper—built-in security features, uncensorable dApp store, the whole narrative about disrupting Apple and Google. Except nobody actually wanted it. By December 2023, they'd barely moved 2,500 units against their 50,000 target. Even slashing the price to $599 didn't help. Reviewers were brutal.
Then BONK happened. The airdrop suddenly became worth more than the phone itself. Suddenly everyone wanted in on the arbitrage play. Within 48 hours, sales went crazy. People were flipping unopened units for $5,000 on eBay. But here's the thing—nobody was actually using these phones. They were just financial instruments.
Why'd they kill it? The math doesn't work for hardware. 20,000 units can't cover R&D and production costs. Plus their hardware partner OSOM went bankrupt last year, making firmware updates impossible. So Solana Mobile made the rational call: cut losses and focus on Seeker.
Seeker's playing a different game. Half the price at $450-500, already sitting on 150,000 pre-orders and like $67 million in revenue before anyone even got their device. They're adding a native token (SKR), better dApp store, partnerships with Backpack wallet and Moonbirds. Over 160 apps built already.
But I keep coming back to the same question: Did Saga just reveal that Web3 phones are fundamentally about airdrops, not actual product utility? If that's the case, why burn through the massive costs of manufacturing and support? And can Seeker actually build something people genuinely use, or will it just repeat the same pattern in a couple years?
The saga mobile phone experiment showed us the market will chase yields, but it won't necessarily build a sustainable ecosystem. Until Seeker proves it can create real product-market fit beyond token incentives, the whole thing feels like it's on borrowed time.