Fucory pfp
Fucory
@fucory
@bountybot 100 usdc if someone can get me information about how much the first version of the solana phone cost to develop and ship
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Fucory pfp
Fucory
@fucory
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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Bounty Bot
@bountybot
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Bounty Bot
@bountybot
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deeghost.base.🎩
@soempit
The price of the Solana Saga smartphone was $1,000 upon its release but slid 40% to $599 after four months into its release. Shipping costs are not provided. Most of the time, shipping fees are based on shipping methods and locations with ongoing promotions.
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D-wayñe 🎩🕴 pfp
D-wayñe 🎩🕴
@drrrner.eth
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.
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Refan
@refan
The total cost Solana Labs spent to develop and release the first version of the Solana Saga phone isn’t public, but we can break it down into estimated development, manufacturing, and distribution costs based on industry standards and known details. Structure of Solana Mobile’s Agreement with OSOM Solana Labs partnered with OSOM, a startup founded by ex-Essential engineers, to handle the hardware design and manufacturing. OSOM originally planned to release the OV1, a privacy-focused phone. Solana licensed OSOM’s hardware design and customized it for crypto use (e.g., dApp Store, Seed Vault). OSOM handled hardware production and supply chain logistics. This suggests Solana paid OSOM for production costs and likely had a revenue-sharing agreement for units sold.
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kollyaz
@kollyaz
No exact numbers are public, but Anatoly Yakovenko said the costs were ‘brutal,’ meaning they were likely very high. Solana sold 20K units at $1K each (~$20M revenue), but development and production likely cost more. No clear info on the OSOM deal
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gatedude.eth
@gatedude
Sent you the details via DM! So check.
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William Inifit
@bolongoli
The Solana Saga phone, developed in partnership with hardware startup OSOM, likely cost **$15–$45 million total** (R&D, software, and manufacturing) to create and ship. Hardware R&D (Snapdragon chip, crypto-specific security features) and custom Android/Solana blockchain integration drove upfront costs, with manufacturing for ~20,000 units adding ~**$12–$20 million**. Solana subsidized the project as a loss-leader, pricing the phone at $1,000 (later slashed to $599) despite per-unit costs of $600–$800, absorbing losses to boost ecosystem adoption. Incentives like Bonk token airdrops and exclusive dApp access added millions in hidden costs. While exact terms with OSOM remain private, the project prioritized Solana’s mobile ecosystem growth over profitability, mirroring strategies like Amazon’s early Kindle. Total losses likely exceeded **$20–40 million** after discounts and unsold inventory. @fucory
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DALE
@9aie
The cost of developing and shipping the first Solana phone could be around $75 million
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Builder.cook
@stanfyhack
While I don't know the exact figures, the development and initial shipping costs for the Solana Saga would have been substantial, likely reflecting the high cost of creating a niche, crypto-focused smartphone with custom features. I would say on the low end $20 million to $30 million and on the high end $40 million to $50 million This may likely be the development and shipping cost for the first version
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deeghost.base.🎩 pfp
deeghost.base.🎩
@soempit
Shipping to what country
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