Solana Mobile, a smartphone-focused subsidiary of Solana Labs, has announced that its second mobile phone, Chapter 2, has reached 100k preorders in less than 30 days, hitting a milestone that now guarantees the production of the hardware device. The company reported that the preorder price of $450 will be maintained only for the next two days.
Solana Mobile’s Chapter 2 Preorders Hit 100K Milestone
Solana Mobile, the smartphone-focused subsidiary of Solana Labs, has reached a milestone in the production of its newest phone, called Chapter 2. Solana Mobile reported having reached 100k preorders in less than 30 days, securing a quota that will guarantee the distribution of the phone.
In a post on X, Solana Mobile expressed gratitude towards its users and announced the end of the period during which the promotional price of $450 for Chapter 2 was being held. It stated:
We’re floored by the demand and truly grateful for the overwhelming support. Now that we’ve hit this milestone, the Founder Window & preorder price of $450 will close in 48 hours. Your chance to join is now!
Chapter 2’s price outside the founder’s window has not been released yet.
The phone, announced as the successor to Saga, the first phone by Solana Mobile, was advertised as a more affordable hardware device than Saga, whose introduction price was $1,000. The company opened preorders for Chapter 2 on January 16, stating that if they reached the 100k preorder mark, shipping and distribution would start in the first half of 2025.
Then, on February 5, the company reported reaching 60k preorders, more than half of the needed number for the phone’s production. Anatoly Yakovenko, co-founder and CEO of Solana Labs, also reacted positively to this milestone, stressing that it was a “great day” for the company.
“The easy part is done. Now we really need the entire ecosystem to ship awesome crypto mobile experiences,” he concluded. Solana Mobile will distribute a series of non-fungible tokens (NFTs) with each phone that development teams can use to organize and reward contributors in the Solana ecosystem.
Source: Bitcoin
