Saga SAGA / Saga

One-liner: Saga is an L1 to launch L1s for infinite horizontal scalability.

# What Is Saga Protocol (SAGA)?

Saga is a Layer 1 protocol that allows developers to automatically spin up VM-agnostic, parallelized and interoperable dedicated chains, or “Chainlets,” that provide applications with infinite horizontal scalability. Each Chainlet is a replica of the Saga Mainnet, with the same validator set and security model.

Saga’s mission is to enable the next 1000 chains in gaming and entertainment as part of the growing Saga Multiverse.

For a deep dive into Saga, visit their website.

Mass adoption of blockchain is imminent, and developers need base infrastructure that is infinitely scalable, interoperable and cost-effective to support consumer applications. By allowing developers to spin up dedicated blockspace on demand that elastically scales with performance needs, opens fast bridging to other ecosystems and is priced at commodity levels, Saga provides the E2E infrastructure that developers need to build the next generation of applications on blockchain.

# Saga Ecosystem

In a little under 2 years, Saga grew from 0 to 350 projects building on its protocol, 80% of which are gaming. About 10% of projects are NFTs and entertainment, and 10% are DeFi. A full roster of Innovators may be found here.

Saga has also inked partnerships with Polygon, Avalanche, MarbleX, Com2uS, and Celestia to automatically scale their infrastructure using Chainlets.

In March 2024, Saga unveiled Saga Origins, a new game publishing division devoted to bringing provocative, expansive and uncompromising games to market. Saga is the first and only web3 chain to establish a dedicated game publishing arm for developers to partner with to release their projects.

Saga Origins is committed to offering a full service and collaborative approach to bring games to a global mass market. Whereas developers would traditionally secure grants only to build and launch their games, Saga Origins offers added beneficial support, including partnerships with influencers to generate awareness, sponsored user acquisition campaigns, community building, and promotional support.

By introducing Play-to-Airdrop as an incredibly powerful web3-native user acquisition engine, Saga has created a distribution channel for web3 applications that has since been widely adopted by many protocols in this space.

# How Many SAGA Coins Are There in Circulation?