The additional income of Saga mobile phones mainly comes from three parts: airdrop profits, mining profits, and resale appreciation. The following article will analyze the three different sources of income to see how much profit can be made if one were to purchase a Saga mobile phone at the original price.
(Background:
Solana Soars! DEX trading volume surpasses Ethereum, SOL returns to the fifth largest token by market cap
)
(Supplement:
Solana’s Saga mobile phone sales have increased tenfold! The airdropped token BONK has surpassed the selling price
)
Table of Contents
Airdrop Income
Mining Income
Resale Income
Solana Labs’ Saga smartphone has recently received a lot of attention in the market. However, the reason is not because the phone has created a significant experiential advantage for consumers, but rather because multiple Solana ecosystem projects, such as Bonk (BONK), have generously airdropped tokens to Saga owners, making the additional airdrop income received from purchasing Saga exceed the original value of the phone. Many people in the community have jokingly referred to this phenomenon as a modern version of “buying a box and getting a treasure”.
Last weekend, Solana officially announced that Saga mobile phones have sold out in North America and only a small amount of inventory remains in Europe. Searching on e-commerce websites like eBay reveals that the resale price of Saga on eBay has exceeded $2,000, several times higher than the official price of $599 (which was originally $1,000 at launch but was lowered due to poor sales), and most shipments are located in Europe and Oceania.
So, if a lucky user managed to purchase Saga at the original price before the Bonk craze started, how much profit can they make now? According to statistics from Odaily Star Daily, the additional income of Saga mobile phones can be mainly divided into three parts: airdrop profits, mining profits, and resale appreciation. Next, we will analyze these three different sources of income step by step to see how much profit can be made if one were to purchase a Saga mobile phone at the original price.
Firstly, let’s talk about the highly anticipated airdrop income. All new users who activate the Saga mobile phone can receive a Saga Genesis Token and use it to claim up to 30 million BONK tokens. The current total value is approximately $536 (it reached a peak value of $1,024.8 on December 15th).
In addition to BONK, Saga holders can also receive airdrops from several other projects and have exclusive NFT minting qualifications, including:
Call of Saga: In May of this year, Claynosaurz and Saga jointly launched the NFT series Call of Saga. Users who hold the Saga Genesis Token have exclusive minting qualifications. The current floor price of Call of Saga is 22.25 SOL, worth about $1,700.
Access Protocol (ACS): Airdrop amount of 100,000 ACS, with a total value of approximately $256.
Solend (SLND): Details are not confirmed, but its founder, Rooter, has confirmed that there will be airdrops for Saga holders.
Odaily Star Daily note: Rooter has confirmed that there will be airdrops for Saga holders.
Samoyedcoin (SAMO): Details are not confirmed, but its official X account has announced that there will be airdrops for Saga holders.
In addition, mainstream projects in the Solana ecosystem such as Jupiter (JUP) and meme tokens like MORY and GECKO have discussed airdrops for Saga holders, but there is currently no official announcement with certainty.
Odaily Star Daily note: Whether Jupiter will airdrop to Saga holders has not been confirmed.
In summary, as the outstanding certificate of Solana ecosystem OG users, Saga holders have become the top priority for many Solana ecosystem projects when it comes to airdrops, and it is expected that more projects will follow suit in the future.
Moving on to the mining income, it mainly refers to the ability for Saga mobile phone owners to mine the decentralized wireless communication network Helium Mobile (MOBILE) and the decentralized storage network ShdwDrive (SHDW). Among them, MOBILE has already become a hot asset discussed within the community due to its several-fold increase in value over the past month.
Firstly, it is important to note that participating in Helium Mobile mining is not exclusive to Saga. However, the developer of Helium Mobile, Nova Labs, has been providing Saga mobile phone users with SIM cards and a one-month free trial since last year, allowing Saga users to “freeload”.
According to feedback from users participating in Helium Mobile mining, in October, mining could generate 8,000 to 9,000 tokens per day. However, with the influx of a large number of users recently, the mining income for individual users has decreased to around 2,000 tokens per day, and the daily output is still decreasing at a rate of about 9%.
Taking the average of 8,000 and 2,000 as 5,000, if Saga owners make effective use of the one-month free trial period to mine Helium Mobile, they can earn approximately 150,000 MOBILE tokens in the past month, worth about $900 (this is just a rough estimate).
As for ShdwDrive (SHDW), its official account has been confirmed on the X platform, and Saga owners only need to open the app to easily participate in SHDW mining. However, there is currently a lack of disclosure regarding the profitability of this mining on social media.
The last potential source of revenue is resale. As mentioned earlier, the resale price of Saga on eBay has exceeded $2,000. Sellers usually indicate whether the BONK airdrop has been claimed. Even excluding the value of the BONK airdrop, Saga still has a significant profit margin compared to the official price of $599.
However, considering the trend of Solana ecosystem projects airdropping to Saga holders and the fact that Saga users can also profit from mining in addition to airdrops, HODL may be a better choice for lucky buyers who have already purchased Saga.
Related Reports
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Helium ecosystem tokens surge! MOBILE, IOT, HNT, DATA all rise by 90%
Tags:
BONK
Helium Mobile
Saga
Solana
Mobile phone
Mining
Airdrop