• About
  • FAQ
  • Contact Us
Newsletter
Crypto News
Advertisement
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • News
  • Market
  • Analysis
  • DeFi & NFTs
  • Guides
  • Tools
  • Flash
  • Insights
  • Subscribe
No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • News
  • Market
  • Analysis
  • DeFi & NFTs
  • Guides
  • Tools
  • Flash
  • Insights
  • Subscribe
No Result
View All Result
Crypto News
No Result
View All Result
Home Market

Solana’s new Seeker phone ships with SKR token as economic engine

admin by admin
May 21, 2025
in Market
0
Solana’s new Seeker phone ships with SKR token as economic engine
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Avalanche surges 11% to  after FIFA unveils blockchain and VanEck eyes fund

Avalanche surges 11% to $25 after FIFA unveils blockchain and VanEck eyes fund

May 22, 2025
Sui-based Cetus Protocol suspends operations following 0 million oracle exploit

Sui-based Cetus Protocol suspends operations following $260 million oracle exploit

May 22, 2025

Solana Mobile revealed it will ship its Seeker smartphone with a new token called SKR, which will serve as the “native token of the Solana Mobile economy,” according to a May 21 announcement.

The firm also confirmed that the smartphone will begin shipping on Aug. 4. Seeker is the second generation of the Saga smartphone, released in 2023, but with a distribution model that invites additional manufacturers.

According to the announcement, the “web3 mobile flywheel” now turns on a decentralized economic layer, which will allow original‑equipment makers to integrate Solana Mobile’s software stack without paying platform fees. 

Once the first production run is in circulation, the company plans to extend the platform to “more devices and more manufacturers.”

The announcement did not include details about retail pricing, distribution partners, or carrier arrangements. Additionally, it is unclear whether SKR will be listed on centralized exchanges at launch.

Token‑based incentive structure

According to the firm, SKR will serve several different purposes. Builders will receive the token for verified application activity and will keep all revenue generated by their software.

Meanwhile, users will be able to obtain SKR in exchange for in‑app participation. They can store the SKR balance, identity, and assets locally through Solana’s Seed Vault key‑management module.

Additionally, hardware suppliers will be given distribution incentives for putting Solana’s firmware on their devices, creating what the company calls a self‑reinforcing market loop. 

The incentive design follows lessons from 2024, when some Saga owners earned token airdrops that exceeded the smartphone’s cost.

Neither the post nor the accompanying documentation specifies a fixed cap or emission schedule for SKR.

Stack verification via TEEPIN

Solana Mobile introduced the Trusted Execution Environment Platform Infrastructure Network (TEEPIN) to coordinate a multi-vendor smartphone fleet. 

The architecture combines three layers. The first layer is the hardware to secure enclaves, attest device integrity, and boot state. The second is the platform, an on‑chain registry that validates operating‑system builds and distributes signed updates.

The last layer is the network, a guardian cohort that records attestations on Solana and produces an audit trail for application states and firmware versions.

The company says TEEPIN removes reliance on a central app store by tying install permissions to cryptographic proof. Device owners interact with decentralized applications through one‑touch signing, while developers push code directly to users without review delays.

Mentioned in this article
Latest Alpha Market Report



#Solanas #Seeker #phone #ships #SKR #token #economic #engine

Tags: economicEnginePhoneSeekershipsSKRSolanastoken
Share76Tweet47

Related Posts

Avalanche surges 11% to  after FIFA unveils blockchain and VanEck eyes fund

Avalanche surges 11% to $25 after FIFA unveils blockchain and VanEck eyes fund

by admin
May 22, 2025
0

Avalanche’s native token, AVAX, is gaining momentum in the current crypto market surge, buoyed by fresh institutional activity and a...

Sui-based Cetus Protocol suspends operations following 0 million oracle exploit

Sui-based Cetus Protocol suspends operations following $260 million oracle exploit

by admin
May 22, 2025
0

Cetus Protocol, a decentralized exchange (DEX) operating on the Sui Network, has suspended its smart contract operations after a serious...

Bitcoin futures open interest reaches B with new ATH

Bitcoin futures open interest reaches $80B with new ATH

by admin
May 22, 2025
0

Bitcoin’s rally to a new all-time high of $111,620 on May 22 was followed by a surge in futures activity,...

Nobody cares – Fear I Already Missed Out may be overpowering FOMO in Bitcoin market

Nobody cares – Fear I Already Missed Out may be overpowering FOMO in Bitcoin market

by admin
May 22, 2025
0

Bitcoin trades above $110,000 today, while Google Trends data for “bitcoin” sits at 38.This afternoon, a Midtown Manhattan barista will...

Exchanges are giving away over  million to celebrate Bitcoin Pizza Day today

Exchanges are giving away over $10 million to celebrate Bitcoin Pizza Day today

by admin
May 22, 2025
0

Fifteen years after a programmer traded 10,000 BTC for two pizzas, the crypto community marked Bitcoin Pizza Day with record-breaking...

Load More
  • Trending
  • Comments
  • Latest
Bitcoin and Ethereum Stuck in Range, DOGE and XRP Gain

Bitcoin and Ethereum Stuck in Range, DOGE and XRP Gain

April 25, 2025
Saylor says Warren Buffett’s Berkshire Hathaway is Bitcoin of 20th century – Deep Insight

Saylor says Warren Buffett’s Berkshire Hathaway is Bitcoin of 20th century – Deep Insight

May 7, 2025
Amazon CEO on Crypto and NFTs, EPNS to Expand Beyond Ethereum + More News

Amazon CEO on Crypto and NFTs, EPNS to Expand Beyond Ethereum + More News

April 25, 2025
Why DeFi agents need a private brain

Why DeFi agents need a private brain

May 4, 2025
US Commodities Regulator Beefs Up Bitcoin Futures Review

US Commodities Regulator Beefs Up Bitcoin Futures Review

0
Bitcoin Hits 2018 Low as Concerns Mount on Regulation, Viability

Bitcoin Hits 2018 Low as Concerns Mount on Regulation, Viability

0
India: Bitcoin Prices Drop As Media Misinterprets Gov’s Regulation Speech

India: Bitcoin Prices Drop As Media Misinterprets Gov’s Regulation Speech

0
Bitcoin’s Main Rival Ethereum Hits A Fresh Record High: 5.55

Bitcoin’s Main Rival Ethereum Hits A Fresh Record High: $425.55

0
Bitcoin Giant Strategy to Offer .1 Billion in ‘Crown Jewel’ Preferred Stock

Bitcoin Giant Strategy to Offer $2.1 Billion in ‘Crown Jewel’ Preferred Stock

May 22, 2025
Centrifuge Brings Tokenized Treasuries to Solana DeFi

Centrifuge Brings Tokenized Treasuries to Solana DeFi

May 22, 2025
Avalanche surges 11% to  after FIFA unveils blockchain and VanEck eyes fund

Avalanche surges 11% to $25 after FIFA unveils blockchain and VanEck eyes fund

May 22, 2025
Roxom Global Raises .9M in Funding

Roxom Global Raises $17.9M in Funding

May 22, 2025
  • About
  • FAQ
  • Contact Us
Call us: +1 23456 JEG THEME

© 2025 Btc04.com

No Result
View All Result
  • Home
  • News
  • Market
  • Analysis
  • DeFi & NFTs
  • Guides
  • Tools
  • Flash
  • Insights
  • Subscribe
  • Contact Us

© 2025 Btc04.com