Saga is a Layer-1 protocol and developer ecosystem built around an Integrated Stack that provides automated, high-performance, gasless, interoperable, and customizable chains called Chainlets. The protocol emphasizes developer needs, aiming to remove barriers like high gas fees, congestion, and complexity associated with modular stacks. Saga reported 295 Innovator projects building on its protocol in less than two years and expects over 300 by its Mainnet launch in early 2024. Its Incentivized Testnet Pegasus logged over 150,000 transactions and opened 30,000 wallets within two weeks, among one of the highest participant counts for an ITN. Saga plans to expand its engineering team, grow community and ecosystem activation, and scale its Saga Innovator Program through strategic partnerships with projects such as Polygon, Avalanche, and Celestia. The company also announced token airdrops to Pegasus participants and other community members subject to eligibility terms.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Nov 2023