Ethereum

Solana canceled the Saga order after selling phones it didn’t own.

It’s been a tough week for Solana Saga smartphones.

It won the award for worst phone of the year from a prominent YouTuber. And it started flying off the shelves… because buyers discovered that it came with cryptocurrency benefits worth more than the phone’s sticker price. And now Solana Labs says some of the smartphones sold last week never existed in the first place.

Solana Labs suffered from ‘inventory management issues’. late thursday, the company said it had mistakenly oversold its Saga phones and was running low on the device, with an undisclosed number of orders still pending. Solana Labs claimed the mistake was the fault of a third-party distributor, which it did not name.

All affected customers have already been notified of the issue and will receive refunds in the coming days, the company said.

decryption We reached out to Solana Labs to confirm how many customers were affected by the error, but did not immediately hear back.

After several months of mid-sale, Saga phones have launched. flies off the shelf Last week, intrepid consumers discovered that they could receive a 30 million BONK airdrop of Solana meme coins via their smartphones.

Just a few months ago, BONK amounted to about $11, but last week, thanks to BONK, amazing rise, the price was $865, significantly higher than the Saga’s $599 price. Overall, Saga owners claimed any airdrops or freebies related to telephone network tokens. It’s now worth over $3,000..

All 20,000 phones sold out within a few days. a terrible victory For Solana Labs: The phones were a hit, but mostly because of the incentives associated with them. A few days later, I received a text message on my phone. 2023 ‘Bust of the Year’ Smartphone Award Written by technology critic and YouTuber Marques “MKBHD” Brownlee.

“No BONK or (Claynosaurz) can get this phone,” Brownlee wrote to his millions of Twitter followers.

Solana Labs attempted to turn what could have been an embarrassing situation into a viral moment by embracing the moniker and referring to itself as an “award-winning” phone in subsequent marketing materials.

The company even asked Brownlee to deliver a “Bust of the Year” trophy to its office, and Solana Project 3.land was inspired by the award to create the “Saga: Bust of the Year” NFT collection. almost Solana NFT worth $3 million It was traded after Wednesday’s free mint.

But some disgruntled Saga buyers who haven’t yet received their phones weren’t smiling this week. Others took the opportunity to create memes about the situation.

Editor: Andrew Hayward

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