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2022-10-26 15:38:02 OSOM Solana Saga web3 smartphone’s specs & images officially revealed

The phone boasts titanium accents, a stainless steel frame, and a ceramic back. Private keys are kept in the hardware’s secure element using Seed Vault. With the rear-mounted fingerprint scanner, you may sign transactions in the Solana dApp Store with just your finger. This enhances user experience across all dApps.

Specs-wise, the device has a 6.67-inch AMOLED display with 2400 x 1080 pixels resolution and 120Hz refresh rate. Under the hood, the device has a Qualcomm Snapdragon 8+ Gen 1 chipset with up to 3.2Ghz clock speed. The chipset is paired with 12GB LPDDR5 RAM, 512GB (UFS 3.1) internal memory and an SD card slot that allows for up to 512GB memory expansion. Lastly, it comes with an iP68 dust and water resistance rating.

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2022-10-25 14:42:02 Royalties Chaos Shows Ethereum NFT Market 'More Serious' Than Solana: Fidenza Artist Tyler Hobbs

The NFT space is changing amid the ongoing crypto bear market, as many marketplaces are choosing to either ignore or let traders choose whether to pay creator royalties. The debate over royalties has raged for months amongst artists and collectors, but now the trend is rapidly taking hold across parts of the NFT industry.

On Friday, the last major domino fell in the Solana NFT market as Magic Eden—the largest marketplace by far on Solana—said that creator royalties would no longer be mandatory, after it lost sizable market share to royalties-shunning upstarts. Nearly every Solana NFT marketplace with any significant market share has now rejected royalties or made them optional. This means NFT traders on Solana no longer pay between 5% and 10% in fees on each trade, which may boost profit margins for sellers but at the cost of revenue for project creators and founders.

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2022-10-24 17:29:02 OSOM reveals Solana Saga's powerful guts, complete with Android 13 and some Essential DNA

OSOM's Solana Saga is a phone that's mainly appealing to crypto fans, but before getting its current Web3 focus, we first learned about it as the OSOM OV1, a spiritual successor to the Essential PH-1 that's built by the same team, sans all that Andy Rubin mess. As we get closer to that phone's final release.

The official spec-sheet for the Solana Saga smartphone shows many details about the phone ahead of its release, and it'll surely become one of the best phones in the market once it's out. For starters, it's carrying all the specs that Android flagships are carrying these days, including a powerful Snapdragon 8+ Gen 1 SoC with up to 12GB of LPDDR5 RAM and 512GB of storage, as well as a 6.67-inch AMOLED display with a 120Hz refresh rate.

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2022-10-23 12:57:02 Solana Could Get Enforceable NFT Royalties Via New Metaplex Standard

Creator royalties have largely fallen out of favor in the Solana NFT space lately, as top marketplace Magic Eden made paying them optional last week after royalties-shunning rivals snatched away market share. Now Metaplex, the creator of Solana’s NFT standard, says it is developing a new standard that can enforce royalty payments across the board.

Metaplex announced the news on Thursday night amid the ongoing debate around creator royalties, saying it is “building a new asset class that will enable creators to enforce royalties at the protocol level.”. And while this has largely upset project creators that depend on those fees for revenue, NFT royalties are not currently enforceable with the current Solana standard.

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2022-10-22 04:36:02 Solana Web3 Phone 'One of the Moonshots': Anatoly Yakovenko

Solana Labs co-founder Anatoly Yakovenko took the stage last night at Disrupt, TechCrunch’s annual global startup conference, and hinted that Solana’s new smartphone Saga will offer a fresh alternative to the current business models used by companies like Google and Apple.

“This is one of the moonshots,” he said, describing the Saga as an experiment that’s “cheap enough to try.” He added that it could present a challenge to the current rental models employed Google and Apple's app stores, which can both take up to 30% in revenue from developers. "They’re built around a rent-seeking model where all the content is owned by the creator and you as a user rent it," he said.

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2022-10-21 14:05:03 Helius Raises $3.1M to Make Solana App Building 'Faster and Cheaper'

Solana infrastructure startup Helius today announced that it raised a $3.1 million seed round co-led by Reciprocal Ventures and Chapter One, in an effort to provide the tools to help developers build Web3 applications in less time and for less money.

Co-founded by engineers formerly of Coinbase and Amazon Web Services, Helius raised funds from a number of notable VCs, including Solana Ventures, Alchemy Ventures, Big Brain Ventures, and Propel VC, among other firms, along with angels like Magic Eden co-founder Zhuoxun Yin and Squads co-founder Stepan Simkin. Mert Mumtaz, co-founder and CEO of Helius, told Decrypt that he started building tools for the Solana ecosystem in summer 2021.

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2022-10-20 04:58:02 Solana-based gaming platform Arcade2Earn raises $3.2 million: Exclusive

Other investors included Solana Ventures, Shima Capital, KuCoin Labs and GSR, Arcade announced. The funding was realized via a simple agreement for future tokens (SAFT), Arcade co-founder Jaleel Menifee told The Block. The company's utility token is known as arcade.

Funding across web3 investments has tumbled this year, but gaming projects are still popular with the most venture funding going to NFTs and gaming in the third quarter, according to The Block Research. Arcade claims to differ from the plethora of web3 gaming platforms with its unique concept called "mission pools" that allow gamers to make money without owning NFTs. The public launch of the platform and the token will follow.

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2022-10-11 19:21:02 Solana NFT Sales Jump in September Amid High Profile Projects

Amid the ongoing crypto market downturn, overall NFT sales volume remained largely flat in September. But while overall volume appears stagnant, individual NFT sales are keeping pace, high value NFTs on Ethereum are still selling, and Solana NFTs are gaining steam.

All in all, $947 million worth of NFT trading volume was recorded in September, according to data from DappRadar—and that figure specifically excludes suspected wash trades. That compares to $927 million in August and nearly $916 million in July. June was the last month to crack the billion-dollar mark at $1.03 billion. The NFT market remains in significant decline from the frenzy of late 2021 and earlier this year.

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2022-10-10 15:24:02 Solana Co-Founder Says 'Long-Term Fix' to Network Outages Is in the Works

Solana co-founder Anatoly Yakovenko knows that Solana’s outages concern its users. But a solution for the network could be on the horizon. “This has been the biggest challenge for us, and the number one priority,” Yakovenko told Decrypt on the most recent episode of the gm podcast.

The young proof-of-history, proof-of-stake hybrid blockchain has had five major outages since its launch in 2020. Out of those five, three have occurred this year—each one the result of either bugs in Solana’s code or the network becoming overwhelmed by artificial traffic from bots. Jump Crypto hopes Firedancer will dramatically scale Solana, allowing it to handle more transactions in a more efficient manner within the next one to two years.

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2022-10-09 19:22:02 Solana’s staking metric has some good news for SOL holders

Solana’s price was massively impacted due to the recent downtime. Even though the sentiment of the crypto community was against SOL at the time of the press, Solana’s stakers have continued to show faith in the ecosystem. After the downtime that occurred on Solana’s network on 1 October, Solana witnessed a drop in the number of stakers, multiple times during the last week.

One of the reasons for this could be the growth in Solana’s Nakamoto Coefficient. The Nakamoto Coefficient is the minimum number of nodes (validators) that can halt consensus. Solana’s Nakamoto Coefficient went from 30 to 31. Thus, indicating that Solana is moving towards a more stronger and decentralized network, according to the staking pool SolBlaze. Another positive for the Solana network could be the growth in stakers’ revenue. As can be seen from the graph below, stakers’ revenue grew over the past 30 days for the altcoin.

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