Is project $SAGA about to be listed on Binance Launchpool#51good?

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overview

Saga is a Layer-1 protocol that roughly provides a foundation for other teams to build Layer-1 on SAGA

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Call for capital

The project has raised 13.5 million USD through 3 rounds

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Round 1: Pre seed: 2 million (November 2021)

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Round 2: Seed Round: 6.5 million USD (February 2022)

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Round 2: Seed Extension Round: 5 million USD (December 2023)

Details about Saga Launchpool

• Total token supply: 1,000,000,000 SAGA

• Launchpool token reward: 45,000,000 SAGA (4.5% of total supply)

• Initial circulating supply: 90,000,000 SAGA (9% of maximum total supply)

Some basic comments:

- Unique project, the technology to support L1 construction sounds delicious and accessible, but the actual implementation is unclear.

- 80% of the more than 300 projects built on SAGA are about Gaming, 10% about NFT, 10% about Defi, it doesn't seem to attract too many technology teams => a bit revealing

- Founder has a great background, shows up a lot of information related to the US (campaigns of US presidents) => right on trend

- Capital calling schedule is a bit poor: raised a little money in exactly 2 periods of the bull market, but in the entire bear year 2022-2023, there is no money => ability to call for investment to sell at a profit??

- This vesting schedule faces great pressure from 1/2 launchpool, 1/2 from airdrop