🚀 Saakuru: The Future of Gasless Blockchain Transactions 🌐
🚀 Let's dive into key features and potential of $SKR in this captivating thread! 🧵👇
1️⃣ Introduction: Saakuru is an L2 Ethereum protocol designed to enable gasless transactions within its network. Unlike traditional blockchain networks, where users pay gas fees, Saakuru covers these fees itself, resulting in an improved user experience. With strong investor backing, including Haskey Capital and Sandeep Nailwal, Saakuru aims to make blockchain technology accessible to a wider audience.
2️⃣ Technology: Saakuru leverages Oasys High-Speed Optimistic Rollups to create a public-permission, gasless L2 blockchain. This design eliminates gas fees, significantly improving user experience. The project also offers a Developer Suite, including tools like the Mobile Wallet SDK (for integrating Web3 wallets) and the NFT CRM verification platform (simplifying NFT use for loyalty programs and digital ownership verification).
3️⃣ Whitepaper Analysis: Saakuru’s whitepaper outlines its vision for a gasless ecosystem, emphasizing user-friendly adoption. It details the SKR tokenomics, including burning mechanisms to reduce circulating supply. The whitepaper explains the DAO governance facilitated by SKR tokens. It highlights the unique economic model that ensures long-term expansion. Saakuru’s whitepaper also discusses its innovative Web3 tools for developers.
4️⃣ Use Case: Saakuru’s primary use case is to provide a seamless, gasless experience for users and developers. The $SKR token serves as a utility and governance token, enabling voting and reducing gas fees. It fuels the Saakuru ecosystem, making it attractive for long-term adoption and growth.
5️⃣ Team and Leadership: Jack Vinijtrongjit (Co-Founder and CEO) brings extensive experience in enterprise software architecture. Nelly Sutjiadi (Co-Founder and Chairwoman) is an impact investor and strategist. Marius Šilenskis (Partner and Chief of Web3 Engineering & Growth) has over 10 years of Web3 development experience. The team includes other skilled members with backgrounds in crypto, technology, and design.
6️⃣ Partnerships: Saakuru has established strong partnerships with leading funds and angel investors, including Haskey Capital, Shima Capital, and Sandeep Nailwal (co-founder of Polygon). These investors recognized the project’s potential and collectively invested over $2.4 million during its private funding round.
7️⃣ Security and Audits: Saakuru prioritizes security. It has undergone rigorous audits to ensure the integrity of its protocol. Notably, it has received an ABDK Smart Contract Audit and a Hacken Smart Contract Code Review and Security Analysis. These audits validate the robustness of its smart contracts and overall security measures.
8️⃣ Tokenomics: The Saakuru token (SKR) serves as a multi-purpose (utility and governance) token within the Saakuru Protocol. The initial total supply of SKR on the Saakuru Network is 1 billion tokens and circulating supply is 80 million tokens. The token supply is methodically reduced through transaction fees, developer profits, and governance actions.
9️⃣ Exchanges: SKR tokens are actively traded on both centralized and decentralized exchanges. Notably, Bitget is a popular exchange for buying and trading SKR, with the most active trading pair being SKR/USDT. Other options include MEXC and PancakeSwap V3 (BSC).
🔟 Recent Developments: Saakuru recently released its 2024 roadmap, which includes plans for an IDO on Decubate and the official launch of the $SKR token. The token’s primary role is granting access to governance voting and reducing gas fees for dApps through staking. Saakuru’s rapid transaction growth is attributed to its gasless nature and fast block time, making it one of the top 20 public blockchains by transactions per week.
1️⃣1️⃣Conclusion: Saakuru’s innovative approach to gasless transactions, strong partnerships, and commitment to security position it as a promising player in the blockchain space. Its unique tokenomics and recent developments further contribute to its growth and adoption.
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