📝 Hello everyone, I am 𝟏𝟎, welcome back to the #区块链发展史 Well-known Project Series. Today, we will take a deep dive into "Saga/SAGA".
As a Layer 1 protocol, Saga is a magician in the blockchain world. Its Chainlets technology gives blockchain applications unlimited scalability. Developers can launch dedicated chains based on demand. These chains have the ability to scale elastically and can easily cope with various performance requirements. What's even more amazing is that Saga is also equipped with an automated CI/CD deployment pipeline, which can simplify the development process and optimize application performance and security with one click.
Project Analysis:
The Saga ecosystem is a vibrant community with many projects joining and establishing partnerships with multiple Layer1 protocols. Its mission is to integrate chains in the gaming and entertainment fields into the Saga Multiverse, and its E2E infrastructure is like a supermarket, meeting various needs for large-scale blockchain adoption.
Saga has also launched the Innovator Program and Saga Origins Project, which aims to promote the application of blockchain in the fields of games and entertainment and attract more people to participate. The design concept of its main network is unique, combining the security chain, platform chain and Chainlet, providing a flexible, secure and scalable environment.
The advantages of Saga Chainlet are numerous, including unlimited scalability, low-cost transactions, automation, interoperability and fast bridging, as well as a flexible stack that supports various applications. The introduction of Chainlet Realm further enhances the customization and competitiveness of Saga Mainnet.
𝟏𝟎 believes that the forward-looking design concept, innovative technical architecture and functional features of the Saga mainnet will trigger a revolutionary change in the blockchain industry and promote the rapid development of the entire industry. As more and more developers and projects join the Saga ecosystem, Saga is expected to continue to lead the development trend of blockchain technology and bring broader development space and possibilities to various applications.
Token Analysis and Price Prediction:
$SAGA, as the governance token of the Saga Protocol, has multiple functions and values. It is an important part of the Saga Protocol ecosystem and a link between the community, developers, and validators. By staking SAGA, holders can receive token airdrops of projects built on the Saga Protocol and have voting rights on relevant decisions. In addition, developers also use SAGA tokens when paying fees to network validators. This highlights the core position of SAGA in the Saga Protocol ecosystem and its important role in facilitating network verification and ensuring transaction security.
Regarding financing and price prediction, Saga has successfully raised $18 million, showing the market's high recognition of its potential and value. Based on the profit margin estimation of each period, its price is expected to be between 2U-4U.
