SAGA’s Layer1 protocol and developer ecosystem that focuses on web3 games

1. Introduction

SAGA is a leading Layer1 protocol and developer ecosystem that focuses on Web3 games.

By providing a stack chainLETS that provides integrated automation, high performance, no need to pay fuel costs, interoperable and customized chains, the SAGA protocol aims to provide developers with a dedicated chain of automation, parallelization and interoperability to meet its web3Application needs.

The project uses shared security, cutting -edge verification device arrangement and automation deployment pipeline, and standardized deployment on any type of blockchain virtual machine, making it as simple as deploying a special chain or Chainlet as a smart contract.

In addition, SAGA also launched Realms technology, which is a technical expression form of SAGA’s diverse universe. It allows different technical stacks and IP to deploy and use parallel and interoperability for interaction on the protocol.

As part of the release of the incentive test network, SAGA is carrying out a event to encourage developers, end users, verificationrs and community members to participate in the launching tasks and show the behavior that helps the SAGA ecosystem. Participants will have the opportunity to obtain SAGAToken airdrop.SAGA emphasizes the power of its community and expressed its dedication to supporting the growth of its members.

On October 30, 2023, SAGA announced the launch of its highly anticipated incentive test network PEGASUS, which marked the beginning of multiple milestones, including SAGA token airdrops and 282 SAGA innovation projects.PEGASUS’s launch provides more freedom for game creators, allowing them to play creativity on SAGA.

SAGA also announced the start and initial airdrop of the main network. The air investment is designed to pay tribute to the contributors of COSMOS, Polygon, Avalanche and Celestia community. These communities have promised Appchain’s future.SAGA tokens were launched with the SAGA main network on April 9, 2024. The maximum supply is 1 billion token, and the initial circulation supply is 90 million token, that is, 9%of the total supply.

2.Core mechanism

The core mechanism of SAGA is based on the Layer1 blockchain protocol that provides unlimited levels of expansion capabilities, and realizes this by enabling the project to start its own Layer1 blockchain (L1S).

The following are several key features and mechanisms of the SAGA protocol:

(1) Appchain (application chain) development portal

The APPChain development portal is a core component of the SAGA protocol. It provides a one -stop solution that enables developers to easily deploy and manage their own special blockchain. These special blockchains are called AppChains (application chain (application chain (application chain (application chain (application chain (application chain (application chain (application chainTo.

The concept of APPChain comes from the demand for higher customization and scalability in the blockchain field, especially when processing applications with specific functions or purposes.

definition:AppChain is a special blockchain customized for a single application or service.Compared with the traditional single blockchain, AppChains can provide more efficient performance, lower trading costs, and optimize specific cases.
Target:Saga’s AppChain development portal aims to simplify the blockchain development process so that developers can focus more on their applications itself, rather than the complexity of the underlying blockchain technology.

Main feature

User -friendly interface:The development portal provides an intuitive and easy -to -use interface, enabling developers to create and deploy Appchains through several simple steps.
Chain customization:Development portals allow developers to customize the parameters of AppChain according to their specific needs, such as consensus mechanisms, block size, trading cost models, etc.
Smart contract support:Similar to the deployment of smart contracts, developers can upload the compiled smart contract binary files to the SAGA main network. SAGA’s verification device will automatically process and deploy the corresponding CHAINLET (including the special chain of smart contracts).
Virtual machine (VM) is unknown: Support a variety of virtual machines, including but not limited to Ethereum virtual machines (EVM), Solana VM, etc., to provide developers with flexible technology stacks that are most suitable for their projects.

Operation process

Design and compilation:Developers first designed their applications and compiled into smart contract binary files.
deploy:Uploaded the compiled smart contract binary files to the SAGA main network through the development portal.
Automation processing:SAGA’s verification device automatically handles the uploaded file and deploys Chainlet containing the smart contract.
Management and maintenance:Development portals provide tools and interfaces to enable developers to manage and maintain their appchains, including upgrading smart contracts and adjusting chain parameters.

Security and efficiency

Sharing safety model:Appchains obtained security protection through SAGA’s shared verification pool, which reduces the needs and costs of establishing and managing its own authentication sets alone.
Resource isolation:Each AppChain runs in an independent environment, ensuring the performance of high -efficiency resource utilization and optimization.

Application scenarios

Customized dapps:For decentralized applications (DAPPS) that require high customization and optimization, AppChain provides ideal solutions.
Enterprise application:Enterprises and large organizations can use AppChain to create dedicated blockchain solutions for their specific business needs.

(2) Chainlets

In addition to the AppChain, another unique feature of the SAGA protocol is its concept of stack building, called “ChainLETS”.

Chainlets is an innovative technology provided by SAGA to allow developers to easily deploy and manage their own special blockchain to support specific applications or services.These ChaInlets constitute the foundation of the Saga ecosystem, enabling them to provide unlimited horizontal expansion capabilities and high customization.

definition

Chainlets can be regarded as a miniature blockchain in the SAGA network.Each chainlet is an independent chain customized for execution of specific functions or services.They allow application developers to achieve high customization and optimization of applications without sacrificing performance or security.

Main feature

Dedicate and customization:Chainlets provides a dedicated block space for each application, allowing developers to customize the characteristics of customized chains according to the specific requirements of the application, such as consensus mechanisms, transaction processing capabilities and cost models.
Virtual machine (VM) is unknown: Chainlets supports a variety of virtual machine technology, including Ethereum virtual machine (EVM), Solana VM, etc., providing developers with flexibility when choosing a technology stack.
Sharing safety model:Chainlets relies on the SAGA network sharing verification device pool to ensure security, which means that even the newly created Chainlet can benefit from the overall security of the network.
Resource isolation:Each chainlet is running independently and does not share block space with other ChainLETS, which reduces resource fighting and improves performance and efficiency.

How to work in chainlets

Design and deployment:Developers first designed their applications and corresponding smart contracts.They can then compile smart contracts into binary files and upload these files through SAGA’s AppChain development portals.
Automation Chainlet deployment:SAGA network verification device automatically handles the smart contract binary files uploaded and deploys corresponding Chainlet.This process is similar to deploying smart contracts on traditional blockchains, but the result is a completely independent chain.
Run and management:Once the Chainlet is deployed, it starts to run independently and perform customized operations for specific applications.Developers can manage and maintain their ChaInlets through SAGA tools and interfaces.

Application scenarios

High -performance dapps:CHAINLETS provides ideal infrastructure for high throughput and delayed decentralized applications (DAPPS).
Special service:For services that need to specialize in security models or specific consensus mechanisms, Chainlets can provide customized solutions.
Games and entertainment:Chainlets is particularly suitable for games and entertainment applications because they can provide these applications with the required high -performance operating environment and user experience.

Through Chainlets, SAGA provides developers with a powerful method to create and deploy blockchain tailored for their applications, which not only improves efficiency and performance, but also ensures high security and scalability.This innovative technology will make SAGA an ideal choice for developers who seek to launch a highly customized and optimized application in the blockchain field.

(3) Realms

SAGA’s Realms technology is an advanced blockchain architecture concept, which aims to further improve the flexibility and scalability of blockchain technology.Through Realms, SAGA can realize its unique layering and sharding mechanism, which is particularly critical to support large -scale and high -performance blockchain applications.

definition

In the SAGA protocol, “Realm” (field) refers to a set of a set of special blockchain or Chainlets. These ChaInlets jointly serve a specific application, ecosystem or a set of functions.Realms technology allows these dedicated chain (or Chainlets) to run in a highly customized and optimized manner, and can also interact and collaborate with each other when necessary.

Multivers (Multivers)

Saga realizes the so -called “multi -universe” concept through its Realms technology, that is, supporting different technology stacks and IP (smart property) deployment on the same protocol and interacting through a dedicated chain.This means that different development teams can create their own special blockchain (Realm) in the SAGA network. These blockchains can be operated independently or can be exchanged with other Realms.

Features and advantages

High customization:Realms allows developers to customize various parameters and functions of the blockchain according to their specific requirements, including but not limited to the implementation environment of consensus mechanisms, transaction processing rules and smart contracts.
Mutuality:Although each Realm can be operated independently, the architecture of SAGA also supports interoperability between Realms, allowing different blockchain applications and services to transfer communication and asset transfer.
Scalability:By dispersing applications and services into dedicated Realms, SAGA can achieve real horizontal expansion, and the expansion of each REALM will not affect other parts of the network.
Simplified deployment:The architecture of Saga makes a new Realm as simple as deploying smart contracts, greatly reducing the complexity of blockchain development and management.

Technical implementation

SAGA’s Realms technology is based on its core Layer1 protocol, and supports it through a series of highly optimized chain and under -chain mechanisms.This includes using efficient consensus algorithms, flexible data storage solutions, and advanced cross -chain communication protocols.

Application scenarios

Games and entertainment:For applications that need to operate an independent environment and high user interaction, such as large multiplayer online games (MMO), Realms technology provides ideal solutions.
Decentralization Finance (DEFI):The DEFI platform and services can use Realms to create a dedicated transaction processing and clearing environment to improve efficiency and user experience.
Cross -chain service:For applications that need to interact with other blockchain ecosystems, REALMS technology supports safe and efficient assets and data transfers.

Through Realms technology, SAGA not only promoted the boundaries of blockchain technology in theory, but also provided developers with unprecedented flexibility and scalability, enabling them to build the next -generation blocks for various industries and application scenarios for various industries and application scenarios.Chain solution.

3. SAGA Bint

SAGA tokens are native cryptocurrencies of the SAGA protocol, playing key roles in motivation and governance in the SAGA ecosystem.It is designed to support the operation of the SAGA network and encourage developers, verifications and users to participate in and contribute to the development of an ecosystem.

At the beginning of March this year, Saga announced the launch of SAGA’s main network, and at the same time launched the creation of the Creation Air Investment.The airdrops aim to pay tribute to COSMOS, Polygon, Avalanche, and Celestia communities to award to tokens by rewarding their own pledges.This is due to the promise of each project to the future chain, that is, COSMOS proposes the original application chain concept, Celestia has contributed to data availability, Polygon has contributed to the Polygon chain development kit (CDK).Innovation made contributions.

In addition, the winner of the winner of the Play-To-AIRDROP season and the developer championships held at the same time from January to February 2024 awarded tokens.

Saga tokens were launched with the main network of SAGA on April 9.The maximum supply of tokens is 1 billion yuan, and the initial circulation is 90 million, accounting for 9%of the total supply.Most of these tokens are allocated to ecosystems and developers, investors, and core contributors, and they will distribute 30%, 20%, and 20%of the tokens respectively.

For investors and core contributors, their distribution is limited by a one -year cliff and unlocked within the next 2 years.For the remaining allocation, the tokens will continue to belong to the time of time, and the supply will be completely unlocked after 7 years after the tokens generation event (TGE).

Binance announced on April 4th that the SAGA tokens launched the launching pool as the 51st start -up pool project.Users who pledge BNB or FDUSD for four days in a separate pool can use these pools to mine the SAGA tokens before April 9.The depositor will get their own token distribution from the 45 million SAGA token pool, accounting for 4.5%of the total amount of token supply.On April 9, SAGA tokens were launched in Binance.

4. Team/financing

Saga’s team has deep industry experience, and some of them are from the start -up period of the COSMOS (Tendermint) project.The team gathered heavyweights in research, engineering and politics, and provided leadership and direction for the project.They are building a powerful Web3 community to bring the leading Web3 projects, developers and creators into SAGA’s diverse universe through strategic partnerships.

So far, SAGA has raised $ 15 million.Investors include Placeholder, Maven11, Longhash, Samsung, Com2us, Polygon, Merit Circle, FIGMENT, and Chorus One.There are three rounds of known financing process:

Seed wheel financing: SAGA has completed a $ 6.5 million seed wheel financing to build the next 1,000 blockchain.This round of financing followed in the later 2021 IGNITE Inc. (formerly known as Tendermint) for Saga’s $ 2 million pre -seedling financing, Saga raised a total of $ 8.5 million in funds.

Seed wheel expansion: Saga announced a round of $ 5 million seed wheel expansion financing. This round of investment is led by Placeholder, a venture capital company.The investment made SAGA’s total financing of $ 13.5 million.

Binance Launchpool: Saga appeared as the 51st project of Binance Launchpool, and invited users to deposit their BNB and FDUSD tokens into different pools to excavate the SAGA token within four days.

5. Future development analysis

Combining the background, financing situation and the unique nature of its blockchain protocol, we can analyze its future development potential from the following aspects:

Technical innovation and market demand

SAGA’s technical framework -including supporting Appchains and Chainlets, Realms technology, and its unknown support for virtual machines -placing it at the forefront of high -customized and scalable blockchain solutions.Especially in the field of games and entertainment, this technology can support the needs of high -performance and user interaction experience.In addition, for DEFI and other decentralized applications, the high throughput and low -delayed environment provided by SAGA will be very attractive.

Powerful team and support

The team and supporters behind SAGA have experts engaged in encryption and blockchain research, engineering, and experience in related fields.The industry knowledge and technical expertise of team members, coupled with their connection and influence in the blockchain ecosystem, will help promote the adoption and development of SAGA.

Capital support

SAGA has successfully completed a multi -round financing including well -known venture capital company Placeholder, with a total financing amount of $ 13.5 million, which provides them with funding for promoting early development and expansion.This shows that investors have confidence in SAGA’s business model and growth potential. This confidence itself is an important driving force for the market to accept new technologies.

Market positioning

The SAGA protocol focuses on providing solutions for high -performance blockchain applications such as games and entertainment, which is a rapidly growing market.Blockchain games and related NFT (non -homogeneous tokens) markets are expanding. With its ability to provide customized blockchain, SAGA is likely to gain a leading position in this field.

Community and ecosystem construction

SAGA has demonstrated the promise of actively constructing communities and ecosystems through its innovative plan and other communities.As the main network is about to launch, it is expected to carry more than 300 innovative projects, which shows that SAGA has made substantial progress in expanding its ecological influence.

Of course, Saga’s future development will also face a series of opportunities and challenges, which will jointly determine the long -term success or failure of this platform.

opportunity

Market growth: The growth of blockchain games and decentralized finance (DEFI) provides huge market opportunities.With the expansion of these markets, demand has increased, Saga’s Appchain and Chainlet solutions have potential to be widely used.

Technical advantages: Customized and scalable blockchain services provided by SAGA, especially its Realms and Chainlets technology, provided technical advantages in the competitive Layer1 solution market.

Community construction: SAGA has accumulated an active community in its ecosystem, which will help promote user growth and application development, which are key factor to ensure the success of the platform.

Strategic partners: The cooperation with major players such as Binance has increased the exposure of SAGA and may bring more attention of users and investors.

challenge

Competitive pressure: The competition in the blockchain field is very fierce, and many mature and emerging Layer1 protocols are competing for market share.SAGA needs to continue to innovate and provide unique value beyond competitors to maintain market position.

Technology implementation: SAGA’s technical concept, although innovative, its actual implementation may face many challenges, including maintaining the security, scalability and user experience of the network.

Users use: Although there are technical advantages, the use of end users and developers is uncertain.SAGA needs to establish convincing cases to attract developers to build on their platforms and promote users to use these applications.

Regulatory environment: Cryptocurrencies and blockchain technology are facing changing regulatory environments.The uncertainty of supervision may have a negative impact on the development of SAGA, especially in different regions of the world.

Market volatility: The volatility of the cryptocurrency market may affect the stability of the SAGA token and the financing capacity of projects.Market emotions have a great impact on investment and capital flow.

In general, the success of SAGA will depend on its ability to seize the opportunities of market growth, overcome the challenges of technology and market, and maintain a leading leading in the development of the blockchain field.By maintaining technological advantages, expanding the user foundation, and adapting to the changes in regulatory, SAGA has the potential to become the main participants in the blockchain field.However, these require the SAGA team to maintain a keen and effective implementation in strategic planning, product development and marketing.