Summary
According to Solana co-founder Anatoly Yakovenko, there is a minimum cost to establish a new product line. With over 100,000 customers having already paid $450 for chapter 2, it is economically more feasible to sell a second device at an affordable price compared to the expensive first phone.
Key Points
1. The minimum cost to launch a new line for Solana’s chapter 2 phone is a key consideration for the company.
2. Over 100,000 customers have already paid $450 for the chapter 2 phone, making it economically feasible to sell a more affordable second device.
3. The first experimental phone by Solana had a retail price of $1,000, making the economics behind it more challenging compared to the chapter 2 phone.