Coin World News reported:
Author: Revc
Introduction
While we contemplate how to bring traffic from Web2, some have already discovered the entrance to Web2 through mobile phones.
Currently, there are two major channels that continuously bring users into Web3. One is GameFi based on Telegram and the other is DePin based on Solana mobile phones. The former is a reusable Web2 channel. After completing the CEX drainage, the next round of GameFi speculation will target dApps that crave traffic. Web3 phones also have broader imagination. They are not only communication tools but also important carriers of financial transactions. Through mobile payments and banking applications, people can manage funds, pay bills, and invest anytime and anywhere, greatly improving financial convenience. At the same time, mobile phones are also guardians of personal privacy, carrying sensitive personal data such as social records, photos, and health information. Therefore, security has become the core focus. The integrated fingerprint recognition, facial recognition, encryption technology, and other functions in the device provide users with higher privacy protection and security. In such a highly digital era, mobile phones are not just tools, but also extensions of digital identity.
By combining decentralized technology with powerful security encryption functions, Web3 phones give users complete control over digital identity, data privacy, and assets, redefining the way users interact with the digital world.
Different from traditional mobile phones, Web3 phones support blockchain and decentralized applications (dApps), allowing users to directly trade and manage secure digital assets on their phones, while fully controlling private keys through non-custodial wallets.
Its encryption capabilities can effectively protect communication and personal data, reduce reliance on third-party platforms, and enhance privacy and autonomy.
In a gradually decentralized digital age, Web3 phones represent a new direction for secure communication, financial transactions, and personal data management.
Solana Seeker
On September 19, 2023, Solana Mobile officially released the highly anticipated second-generation Web3 phone, Seeker, at the TOKEN2049 conference in Singapore. This Web3 mobile device, which combines hardware and software, aims to provide users with a more secure and convenient encrypted digital experience.
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Key Features of Seeker:
– Seed Vault Wallet: A mobile-first wallet developed in collaboration with Solflare, seamlessly integrated with Seed Vault for self-custody.
– Optimized dApp Store: The dApp store has been updated to provide more convenient reward tracking and navigation.
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– Seeker Genesis Token: Each Seeker is equipped with a soul-bound Seeker Genesis Token, which provides rewards, access rights, and content.
– Developer Ecosystem: Attracted a large number of developers and projects to provide a rich application ecosystem for Seeker.
Highlights of Seeker:
– AI Integration: Utilizing Alethea AI to generate tokenized AI agents, enabling new ways of interaction and money-making.
– Games and Assets: Providing rich Web3 games and exclusive assets, including limited edition assets and rewards.
– Airship: ZK-Compression Tool: Reducing airdrop costs by 4000 times, allowing more users to participate in airdrop activities.
Key Factors for the Success of Web3 Phones
Objectively speaking, the ultimate development goal of Web3 phones is network freedom and security while ensuring privacy. This requires long-term infrastructure construction. Currently, several Web3 phones have not made breakthroughs in network connectivity and security (satellite communication).
Before accumulating enough market scale, the functionality of Web3 phones will be very limited, and they can only be considered as an evolution of hardware wallets. Moreover, their use is restricted in most regions due to factors such as network access filing. However, this does not prevent them from becoming a race without a ceiling. After all, in the context of economic globalization regression, major regions are engaged in internal circulation but isolated from each other.
The second major factor for the success of Web3 phones is their commercial value. Strong airdrop expectations are the reasons for user consumption and the core advantage of differentiation competition with traditional phones. Aligning with traditional phones in terms of quality experience is sufficient, as consumers currently expect Web3 phones to only be an evolution of encrypted wallets. If the Web3 encrypted world is combined with the physical reality world through X Phone, scenes catalyzed by freedom may trigger deeper and broader innovations.
The third factor is AI integration. Even mobile phones can serve as distributed computing and validation nodes. Currently, in terms of AI competition, Web3 phones and traditional phones start from the same line. If the production relationship advantages of Web3 are properly applied, Web3 phones may even lead in terms of AI performance and experience. Seeker and CoralPhone have both integrated AI functions.
Conclusion
The flow of the encrypted world has brought about two positive changes. One is the Web2 channel based on Telegram GameFi, which not only delivers users to CEX but also to project parties. In the 2.0 stage of TG GameFi, its economic model needs to be modified to replace task platforms like Galxe and become the first entry point for Web3 users. The other change is mini DePin represented by Solana mobile phones, which directly focuses on the entrance of Web2.
The airdrop value of Solana’s first-generation phone has exceeded its price. MEW, MANEKI, and BONK have rewarded users with values of thousands of dollars, which is also the reason for the surge in second-generation bookings. Due to the active ecosystem of Solana, the airdrops available on the phone have strong sustainability, allowing Web3 phones to gain more market share, thereby redefining human digital identity and forming a new value network at the entry point. Previously mentioned Web3 was all about financial applications and products, while Web3 phones can reach a wider user base, elevating Web3 to the network level.
The motivation for Web2 social platforms to transform into Web3 is relatively low, and they will not actively open user data to Web3 applications. The way Web2 maintains market share is through monopolies supported by capital VC. If mobile phones can become the entrance to Web3, they may change this situation and gain more user support.
It is worth noting that Web3 phones require a long development cycle, and sustainable commercial value can push this race further. However, as an encrypted entry point, modular design should not be overlooked, and fairness and decentralization should be considered during the process of providing custody and other services.