Saga (SAGA)

IEO

Last updated: Apr 09, 2024

Saga is a protocol that allows developers to take a single tenant VM and automatically launch it on a dedicated blockchain, complete with fully provisioned validators and an optimally incentivized security structure.

Seed Round: $6.5 Million

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Overview

Project industry	Blockchain Infrastructure
Product type	Protocol
Founded	United States
Whitepaper	Open

What is Saga

Saga is a protocol for automated deployment of application-specific blockchains in gaming, entertainment and DeFi. Through its platform, it aims to empower developers to build the next 1000 chains in the multiverse.

Our network is best leveraged as a scalability layer for web3 infrastructure. Saga offers:

No upfront cost to launch a chain
Predictable developer pricing for provisioning block space
Automated deployment of a single tenant application onto its own chain
A dedicated shared security chain for a developer’s applications, ensuring high throughput, no dependencies on other applications using Saga, easy upgradability and congestion relief

Saga’s mission is to give developers what they need to build in the multiverse. Web3 has already evolved to the point where new infrastructure configurations and token mechanisms are necessary to keep up with the growth of the industry and incredible influx of end user interest, the potential of which is still untapped. Saga’s unique network and token design meet this moment. For new developers, developers at established projects looking to grow and the end users they all support, a new protocol needs to bridge to the multiverse.