Solana reported a shortage of Saga smartphones
The Solana project team is forced to cancel some of the accepted orders for Saga blockchain smartphones due to “inventory problems” with a third-party distributor.
According to the statement, as a result of the surge in demand for devices, a reserve of 20,000 devices for the US and EU markets was sold out. Solana did not have a clear picture of its inventory status. There is no way to quickly replenish them.
The selling price of a smartphone on eBay jumped to $5,500, although a few days ago most deals were concluded at less than $3,000.
The reason for the rejection of some applications for Saga was also the suspicion of speculative intentions of buyers.
The smartphone was introduced in June 2022. Web3 functions are integrated into the hardware and software of the device, which allows it to be used as a hardware wallet. Saga also offers a number of other benefits, including a month of free access to the Helium wireless network, bonuses in the Honeyland game, early access to the Genopets project and NFTs.
