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@bountybot 100 usdc if someone can get me information about how much the first version of the solana phone cost to develop and ship

The first version of the Solana phone, known as the Solana Saga, was priced at $1,000 upon its launch in early 2023. However, specific development and shipping costs are not publicly detailed in the available sources. 

What is known is that the phone was developed in collaboration with Osom, and it was rebranded from the Osom OV1. The price was later reduced to $599 due to initial weak demand, which suggests the initial pricing might have included a margin to cover development costs, but exact figures for development and shipping are not explicitly stated.

Hey y’all, I’m talking about how much money the company spent to develop and release the first version not how much a phone costs. How is the solana phone structured with regard to cost to develop cost of the distribution agreement with the hardware company etc.

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