1. Project situation and background:
Project Introduction: SAGA is a Layer-1 protocol designed to enable developers to automatically create VM-agnostic, parallelized, interoperable dedicated chains (Chainlets), providing unlimited horizontal scalability, focusing on the gaming and entertainment sectors.
The SAGA project has the following characteristics and solutions in terms of technological innovation:
Chainlets architecture: SAGA introduces the concept of dedicated chains, namely Chainlets, which are independent and interoperable blockchain networks. Chainlets can be created and deployed automatically, providing applications with high customization and unlimited horizontal scalability. This architecture enables the SAGA network to easily adapt to different application scenarios and needs.
Transaction model without GAS fees: SAGA adopts a transaction model without GAS fees, so that users do not need to pay any additional fees when using the network. This fee model reduces the user's usage cost and promotes wider adoption and participation.
Cross-chain interoperability: SAGA is committed to solving the problem of cross-chain interoperability, allowing assets and data between different blockchains to flow freely. Through cooperation with other Layer-1 and Layer-2 protocols, SAGA achieves fast and secure cross-chain bridging, providing users with a wider range of application scenarios and usage options.
High-performance smart contract execution: SAGA's Chainlets architecture is designed to achieve high-performance smart contract execution. Through parallelization and optimized design, the SAGA network can achieve high-throughput and low-latency smart contract execution, providing developers with a better development experience and user experience.
Scalable virtual machine support: SAGA aims to be a VM-agnostic network, that is, it can support many different types of virtual machines. Currently, SAGA mainly supports the Ethereum Virtual Machine (EVM), but the future goal is to support more types of virtual machines to provide developers with greater flexibility and selectivity.
Partnerships are an important pillar of SAGA’s development. Here are some of the partners in detail:
Polygon: SAGA has partnered with Polygon to expand its infrastructure using its automated Polygon CDK chain. Polygon is a Layer-2 expansion solution dedicated to improving the throughput and scalability of the Ethereum network. This collaboration provides SAGA with a wider ecosystem and higher scalability.
Avalanche: SAGA is working with Avalanche to expand its infrastructure using its automated Avalanche subnet. Avalanche is a high-performance, low-latency open blockchain platform, and the collaboration with SAGA brings new possibilities for cross-chain interoperability and scalability.
Celestia: SAGA has partnered with Celestia to expand its infrastructure using its automated Celestia DA (decentralized decentralization). Celestia is an emerging blockchain platform that focuses on providing high-performance and low-cost smart contract execution. This collaboration provides important support for SAGA's technological innovation and scalability.
MarbleX: SAGA cooperates with MarbleX to provide expansion infrastructure for the MarbleX chain. MarbleX is a leading game development and distribution platform, and the cooperation with SAGA has brought new development opportunities for blockchain applications in the gaming industry.
Com2uS: SAGA cooperates with Com2uS to provide expansion infrastructure for the Com2uS chain. Com2uS is a well-known game development and distribution company. The cooperation with SAGA brings more innovation and possibilities to the blockchain application in the game industry.
2. Views and expectations on the project:
Innovative technologies and solutions: SAGA's technological innovation provides new solutions to solve the scalability and interoperability problems in the gaming and entertainment fields, which is of great significance to the development of the industry.
Broad market prospects: As a Layer-1 protocol focusing on the gaming and entertainment sectors, SAGA has great potential in this rapidly developing market and is expected to bring new changes and innovations to the industry.
Rich partnerships: SAGA has established partnerships with a number of important partners, which provides strong support and resources for the development of the project and helps expand its influence and position in the industry.
Looking forward to the mainnet launch: With the launch of the mainnet, we expect SAGA to further demonstrate its technical strength and solution results, and bring new development opportunities to the gaming and entertainment industries.
In summary, the SAGA project has shown great potential in terms of technological innovation, market prospects and partnerships. We are full of expectations for its future development and look forward to seeing it play an important role in the gaming and entertainment sectors.
3. Price prediction
Token Name: Saga (SAGA)
Maximum Token Supply: 1,000,000,000 SAGA
Initial circulation: 90,000,000 SAGA (9% of the maximum token supply)
Total mining volume: 45,000,000 SAGA (4.5% of the maximum token supply)
BNB pool: 37,500 SAGA FDUSD pool: 9,375 SAGA
Based on the previous project $ENA mining return rate APY270%, the price of $SAGA should be between 3$-4$
