Next month, Samsung’s Galaxy Note 7 will debut in front of a live crowd in New York City.

We’re sharing exclusive information today that you won’t find anywhere else in the world. Our information comes from a trusted source who has indeed used a consumer-ready version of the phone that will be Samsung’s flagship moving forward. If we’re wrong, we invite you to laugh in our faces.

Hit the break for our story.

Editor’s Note: None of the following images are of or from the Samsung Galaxy Note 7. Any media included is for reference. Our information, which comes from an accurate source, is entirely text-based in this post.

First, let’s end the debate as to whether the display will be flat or curved. The Galaxy Note 7 is going to have a display similar to the Galaxy S7 Edge that was launched earlier this year. While the phone will have a display with curved edges, Samsung is heavily toning them down for this phone. This means Samsung is seeing what people are saying about its innovation that the Galaxy Note Edge brought and scaling it back to reach a comfortable spot for consumers.

The display, which measures 5.7 inches, is covered by Corning’s new Gorilla Glass 5. Bezels seem “almost nonexistent” when using the Galaxy Note 7.

Our source says the phone is “thicker than the Galaxy Note 5 but doesn’t feel like it in the hand.” The back has curved glass like the Galaxy S7. It’s waterproof, too, even when you have the S Pen in use. And next to the S Pen slot is a USB Type-C port that can still be used with micro-USB cables as Samsung is including an adapter with the Galaxy Note 7. Despite having the USB Type-C port, Samsung is keeping the auxiliary port.

The front of the Galaxy Note 7 has two cameras to handle iris scanning, which we’re not claiming as part of our exclusive information as other publications have covered it. The iris scanner uses infrared technology to work in the dark but doing so with glasses will be tricky. When used under proper conditions, the iris scanner is “pretty quick.”

Iris scanning can be used in conjunction with fingerprint scanning or traditional lock screen layouts for quick access to the phone.

Both rear and front cameras are the same as what you already see on the Galaxy S7 and S7 Edge. This means you’re getting a 12MP rear camera with Dual Pixel technology and a 5MP front camera.

Regarding the look of the software, our source says its very reminiscent of what Asian companies implement in their hardware. We’re told there is “lots of white, a new status bar, and rounded app icons.” Remember the leaked version of TouchWiz that showed up in June? That’s “mostly” what to expect.

Because of the special display, the Galaxy Note 7 will ship with the usual Edge screen features.

The real selling point for any Galaxy Note device, though, is its stylus. The S Pen is going to get added capabilities that allow it to act as a magnifying glass and a translator. Also, Samsung’s Always On Display feature will support the S Pen for instant note-taking that keeps notes on the display at all times.

What else is Samsung bundling with its software? Samsung Cloud. Yes, the company is going to get into cloud storage and compete directly with Google Drive and Apple iCloud. You’ll get 5GB of cloud storage just for owning a Galaxy device.

To lengthen battery life, Samsung is even allowing you to scale down the Galaxy Note 7’s screen resolution to 720p.

This all sounds good to most of you, but existing owners of the Gear VR won’t be happy to know that the Galaxy Note 7 is not going to work with the original virtual reality headset from Samsung. The company is going to launch a new virtual reality headset that will also work with previous Galaxy devices.

We can’t say anything about the processor, unfortunately, and that will vary by region anyways. But our source did state that 4GB of RAM and 64GB of internal storage are standard.

Color options, as you’ve seen already, will be black, silver, blue, and gold. The first two will come at launch while the other two follow at a later date; however, we’re told these could be market-specific and retailer-specific.

The person who provided us with all of the information we’ve shared with you finished our correspondence by saying this is “the best of everything Samsung has ever offered.”

Samsung will officially unveil the Galaxy Note 7 during an event held on August 2 in New York City.