Saga (SAGA) Precio

The SAGA Protocol initiated its mainnet on April 9, 2024, with the creation of 1 billion SAGA tokens at genesis. The token supply experiences inflation governed by SAGA's tokenomics, aiming for an annual inflation rate of approximately 7%. For a more comprehensive exploration of the SAGA token, please refer to Eulerpool.

Saga is led by four co-founders: Rebecca Liao (CEO), Jin Kwon (CSO), Jacob Mcdorman (CTO), and Bogdan Alexandrescu (VP of Engineering). Rebecca Liao has a strong background in establishing successful startups in the fields of cryptocurrency and artificial intelligence, such as Skuchain and Globality. She has also held significant roles as a policy advisor in major presidential campaigns, including those of Joe Biden and Hillary Clinton. Rebecca is recognized for her ability to create cross-industry connections that lead to innovative organizations. Jin Kwon has been involved in the Cosmos ecosystem since 2018, starting with his role as Chief of Staff to the CEO at Tendermint. He has since served as the Vice President of Corporate Development and as Managing Director of Tendermint Ventures. Jin possesses a versatile skill set that spans engineering, sales, marketing, and finance, and he is committed to integrating web3 technology into everyday applications. Jacob Mcdorman is an entrepreneur with extensive experience in product development and research. With over a decade of experience, he has driven the growth of product ventures both independently and in collaboration with others, serving as a startup founder, development studio owner, and advisor. Jacob is driven by a vision-oriented mindset complemented by a pragmatic approach. Bogdan Alexandrescu previously held the position of Engineering Leader at Apple Inc., where he concentrated on large-scale distributed computing, machine learning, AI, and infrastructure projects. He was also a Technical Lead for Twitter Ads. Bogdan is a founding partner at Blocktech Ventures, a venture capital firm specializing in frontier technology and blockchain, and is a member of the Bitcoin Foundation. For more information, you can find details about Saga's performance and updates on Eulerpool.

Saga represents the only Layer 1 (L1) platform capable of launching other L1s, with a mission to provide developers with limitless horizontal scalability. Each Saga Chainlet offers the following attributes: - Infinite Horizontal Scalability: All Chainlets are parallelized appchain instances, enabling applications to dynamically expand to achieve peak performance and speed. - Costless Transactions and Low, Predictable Chain Fees: Developers have the flexibility to select their preferred monetization model, whether it involves their own token, fiat currency, stablecoins, or the token of another ecosystem. Chainlet fees are determined through a daily reverse auction among validators, promoting competitive pricing for blockspace. - Automation: Developers can deploy a Chainlet effortlessly with just a click in the Saga WebApp. - Interoperability and Rapid Bridging: Users can swiftly and efficiently transfer assets between Chainlets, Saga, and other ecosystems via automatic interoperability and asynchronous composability. Thanks to the fast transaction finality each Chainlet provides, users can also benefit from rapid bridging to other chains. - Fully Flexible Stack: Developers receive their own dedicated chains, granting optimal flexibility and customizability of their environments. The Saga Chainlet Realm is the mechanism by which additional blockspace beyond the Chainlet stack is automated using the Saga Protocol. Saga Realms enables developers to launch customizable chains on Saga with a range of features and services, including technology stack options, security sources, and various commitments to those sources. Within the Realms framework, the standard Saga Chainlet has become one of many Realms anticipated to be supported soon, including those for Saga’s partners such as Ethereum (Ethlets), Polygon, Avalanche, Celestia, XPLA, and numerous others.

Saga's mainnet operates as a fully decentralized, proof-of-stake blockchain, utilizing Tendermint consensus to ensure its security.

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In less than two years, Saga has expanded from zero to 350 projects utilizing its protocol, with 80% of these projects focused on gaming. Approximately 10% of projects are related to NFTs and entertainment, and another 10% are associated with DeFi. A complete list of Innovators can be found here. Saga has formed strategic partnerships with Polygon, Avalanche, MarbleX, Com2uS, and Celestia to automatically scale their infrastructure through Chainlets. In March 2024, Saga launched Saga Origins, a new game publishing division dedicated to introducing groundbreaking, expansive, and uncompromising games to the market. Saga is the first and only web3 platform to establish a dedicated game publishing arm, allowing developers to partner for the release of their projects. Saga Origins is devoted to providing a comprehensive and collaborative approach to bring games to a global market. While developers have traditionally relied on grants for building and launching their games, Saga Origins extends additional valuable support, such as partnerships with influencers to raise awareness, sponsored user acquisition campaigns, community building, and promotional assistance. By introducing Play-to-Airdrop as an exceptionally effective web3-native user acquisition strategy, Saga has established a distribution channel for web3 applications that has since been embraced by numerous protocols within this sector.