🌝🌝🌝SAGA Project Research Report #SAGA

#Binance51st Launchpool New Coin Mining Project Analysis

【Project Introduction】

What is SAGA?

Cosmos Ecosystem Scalability Protocol Saga (SAGA).

Saga is a protocol for automatically configuring application-specific blockchains in a multi-chain metaverse or multiverse. We are building this by re-architecting how developers and end users interact with blockchains. Using shared security, validator orchestration innovations, and automated CI

Saga standardizes CD deployment pipelines across applications in single-tenant virtual machines, making launching a dedicated blockchain or chainlet as simple as deploying a smart contract

Saga allows developers to launch Chainlet with a single click of a button through shared security, cutting-edge validator orchestration, and standardized automated CI/CD deployment pipelines across any type of blockchain virtual machine.

[Tokens]

The initial supply of SAGA is 1 billion

The total circulation at TGE is about 90 million (9% of the total initial supply of tokens).

Token distribution: Airdrop accounts for 15.5%

Binance Launchpool accounts for 4.5%

Ecosystem and Development Fund accounts for 30%

Foundation Reserve accounts for 10%

Core Contributors account for 20%

Investors account for 20%

[Investor Institutions]

To date, Saga has raised $15 million. Investors include Placeholder, Maven11, Longhash, Samsung, Com2uS, Polygon, Merit Circle, Figment and Chorus One.

【Summary】

(1) Binance has the largest amount of new funds for its projects. It is a modular blockchain project that focuses on the gaming track and has cooperated with many top game companies. Currently, 80% of the projects it cooperates with are games.

(2) SAGA is committed to simplifying the difficulty for users to develop a modular blockchain, breaking the difficulty for web3 developers, and building a simple game, entertainment, financial and social platform.

【Price Forecast】

According to the recent#BNBnew coin listing market value, it is about 300-600 million, so the estimated listing price is about 2.5-5U

【Recommendation Index】🌟🌟🌟🌟

【Project Quality Index】🌟🌟🌟🌟