What is Saga? Which price is reasonable?
đ SAGA -Â A Layer 1 blockchain on the Cosmos Ecosystem, providing a toolkit for projects to develop their own chains according to a parallel execution structure
đł In just 2 years, the Saga ecosystem has expanded from 0 to more than 350 projects, 80% of which are in the Game segment.
đŁ Calling capital: Saga has raised $13.5M in capital through 2 rounds from names: Placeholder, Samsung Next, GSR, Longhash Ventures,...
đ” Tokenomics:
âą Total supply: 1 billion $SAGA
âą Initial circulation: 90,000,000 $SAGA ~ 9% of total supply
đ” What is $SAGA used for:
- Pay fees to network validators to operate Chainlet
- Reward validators who contribute to the project
- Staking: Staking helps secure the network and receive rewards in the form of SAGA tokens as well as tokens of projects built on Saga.
- Governance: SAGA token holders will be able to vote on network governance decisions.
đ” Price forecast
Saga is similar to $ALT and $DYM, both of which provide blockchain deployment support services. Based on the valuation of those two, I think the listing price will be somewhere around $4-6.
To get the best quality and definitely make a profit, just wait for 1-2$ to get a good scoop, otherwise wait until it goes on the market to see how it goes and then I'll update more.
Currently, Saga is available on Launchpool Binance, quite delicious, how to get $SAGA for free đ
âĄStep 1: Create a Binance Account - Get Promotions HERE (https://accounts.binance.com/register?ref=195376339) (If you don't have one yet)
âĄStep 2: After you create an account and KYC is successful
âĄStep 3: Click on Launchpad then stake BNB and FDUSD to receive SAGA farm.
đ„ Information about the 51st Launchpool project SAGA on BINANCE (https://accounts.binance.com/register?ref=195376339)
â° Farming time: lasts 4 days from 07:00 April 5, 2024 - 07:00 April 8, 2024 (Vietnam Time)
â° Listing time: 21:00 April 9, 2024 (Vietnam Time)
â Stake: BNB & FDUSD to receive free $SAGA
Details can be found in Binance's article (https://www.binance.com/vi/support/announcement/introducing-saga-saga-on-binance-launchpool-farm-saga-by-staking-bnb- and-fdusd-22674210af2b4d35b7ddc62c243d66fa)
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