In short
- The brand new Ledger Flex Solana Version affords the identical technical options as the usual model however is available in {custom} blue and inexperienced colours.
- It features a non-transferable Soulbound Token (SBT) for group members.
- The system launches in 4 phases, with early entry for present Solana SBT holders receiving as much as $70 in SOL rebates.
Ledger, one of many world’s hottest {hardware} pockets makers, has launched a brand new iteration of its Flex flagship system, custom-tailored to the Solana group.
The Ledger Flex Solana Version affords the very same technical performance because the off-the-rack Ledger Flex, launched in July 2024. This contains an extra layer of security for customers’ crypto within the type of a self-custody “chilly pockets” that isn’t linked to the web, but in addition contains extra options corresponding to an E Ink touchscreen, Bluetooth and NFC connectivity, and its personal working system, Ledger OS.
However the place the system actually provides worth is when it comes to partaking Solana’s rising userbase, Ian Rogers, Chief Expertise Officer of Ledger, informed Decrypt.
“That is a type of issues the place it is actually community-focused. It is a manner so that you can say, hey, I am a member of the Ledger Solana group.”
Not solely will patrons obtain a {custom} Solana-themed colorway of their new pockets, in blue and inexperienced, however they’ll obtain what’s referred to as a Soulbound Token (SBT).
These SBTs are distinctive as they’re non-transferable tokens that can not be given to different events or financialized after being minted. They have been co-dreamt up by ETH founder Vitalik Buterin in a 2022 whitepaper, and have been meant to symbolize “commitments, credentials, and affiliations” that make up the social relations within the Web3 world.
“The Solana Soulbound Token exhibits that you’re a Solana Flex holder—and that basically additionally signifies that you simply’re an early adopter,” mentioned Rogers.
House owners of those SBT tokens will obtain airdrops of rewards sooner or later. Sadly, Rogers didn’t point out what these rewards may very well be, saying they’ll occur “organically.”
The brand new system will launch in 4 phases. The primary part, which is able to include a $70 Solana rebate and black magnetic folio, is simply out there to those that already owned Solana-based Soulbound tokens—for instance, Solana Saga and Solana Seeker Genesis Token holders, Solana Cell preorder token holders, and Superteam Members SBT holders.
The following allocation of gadgets will embody the magnetic folio and a $50 voucher in SOL, and the third allocation can be out there to buy by anybody who holds SOL in Ledger Stay, and can embody the magnetic folio and simply $20 in SOL.
After preliminary allocations have been offered, it will likely be out there on Ledger.com as a normal launch, and all orders will nonetheless embody an SBT.
Extra {hardware} takes goal on the Solana group
The brand new {hardware} pockets isn’t the one system geared toward utilizing distinctive tokens to incentivise engagement from Solana’s group.
The second-generation Solana cell phone, the Solana Seeker, is about to start delivery worldwide on August 4, courtesy of Solana Cell. Prefer it’s predecessor, the Solana Saga, each Seeker cellphone will ship with what it calls a Genesis NFT, one other soulbound token perpetually certain to it’s proprietor’s pockets.
Soulbound token homeowners have acquired some fairly hefty monetary rewards up to now, if not directly.
When the Solana Saga was launched in December 2022, token holders have been airdropped round $300 value of memecoin BONK—which later exploded in worth earlier than earlier than a significant sellout, creating main paper returns.
Edited by Stacy Elliott.
Day by day Debrief Publication
Begin day by day with the highest information tales proper now, plus authentic options, a podcast, movies and extra.