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Saga realizes the interoperable blockchain middleware of the metaverse, the universe of virtual worlds all interconnected, as in novels like Snow Crash and Ready Player One.
And Saga has taken some interesting steps on its journey. Last week, the company announced that its AlphaNet Andromeda has arrived. This is the first version of the company’s blockchain network and will be released for the first time to 55 projects of the Saga Innovator Program, which are its blockchain partners.
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“We are natives of Web3, so we come from the world of cryptocurrencies,” said Rebecca Liao, CEO of Saga, in an interview with GamesBeat. “And our contention has always been that blockchain infrastructure, as it stands now, is not enough to allow applications to truly scale. So we wanted to find a way to make this optimal infrastructure much more easily accessible and democratic. it is to bring people to their own dedicated channels.
Liao said that the foundation of Saga is with the Cosmos Protocol, which is called the “Internet of blockchains” and allows users to create their own blockchains. But doing it can be painful.
The Cosmos network is made up of many independent and parallel blockchains, called “zones”, each powered by classic consensus protocols such as Tendermint. Zones act as hubs for other zones, enabling interoperability. Other blockchains don’t work as well with interoperability. With Cosmos and its hub, you can connect any blockchain and pass tokens between zones, without intermediaries. Intermediaries have been at risk of hacking in the past.
Cosmos was launched in 2014 by developers Ethan Buchman and Jae Kwon, who created the Tendermint consensus algorithm behind the network. It published a white paper in 2016 and launched the ATOM token the same year. Non-profit group The Interchain Foundation helped launch Cosmos as the “Internet of Blockchains”. It’s interoperability that will lead to the metaverse, Liao believes.
Cosmos is protected by the ATOM token. By allowing companies to set up their own blockchains, Cosmos enables better performance for things like transactions. In 2020, Cosmos released IBCs, or inter-blockchain communications. This communication protocol allows interoperability between chains. Bridges, on the other hand, are prone to hacking, as Sky Mavis discovered when its Ronin bridge was hacked and it lost over $ 600 million in funds from its blockchain game Axie Infinity.
“It’s what all Cosmos channels, including us, will use to communicate with other channels,” said Liao. “The two chains communicate and the assets are transferred. It is a way to ensure that there is a secure communication channel between the two chains and that it is not dependent on third parties.
“We allow developers to automatically integrate their applications into a dedicated chain. It is the infrastructure we are building. We are currently focusing on games and entertainment because we believe that these two sectors and Web3 are the most sensitive to user expectations. And those who are most interested in responding to the user experience.
Liao thinks monolithic chains like Ethereum are inefficient when it comes to congestion and throughput. He believes that app chains are more appropriate when it comes to entertainment and games, especially those using non-fungible tokens (NFTs) where interoperability is important.
“When you build a chain on Cosmos, it’s your chain, but Cosmos focuses on interoperability first,” Liao said. “This also applies to Saga. Be part of the Saga community.
A cohort of licensed developers and the general public will have access to Andromeda in the coming weeks. Andromeda is the first chapter of Saga’s journey to establish his main network. It is part of a series of releases that make up the complete development flow for launching applications in single-tenant virtual machines (VMs) on dedicated channels, or channels, on Saga.
Innovator Saga Program
Liao said that among the 55 projects of the innovative program, there are many gaming platforms, engines and game studios.
Participants in this are carefully selected projects that push the boundaries of blockchain technology, especially when it comes to enabling a much broader market of developers to launch their own gaming and entertainment channels.
Saga believes the metaverse will be a “multiverse”, where developers decide to launch their own channels and the company will work with teams that share that vision.
Innovators include RPGs, multiplayer online battle arena (MOBA) games, non-fungible token platforms (NFTs), GameFi projects, game tools and infrastructure, Web2 game studios developing their first Web3 titles, Web3 gaming platforms native, game and NFT decentralized autonomous organizations (DAOs), game engines and backends, some select DeFi projects and much more.
Saga innovators include 55 companies such as Merit Circle, IndiGG, Gameplay Galaxy, Kujira, Satori, Pala.World, X.LA, VenturePunk, Passage, ThirdWeb, Champion Games, Game 7, Ftribe, P12, Cosmic Horizon, Reign of Terror , Planetario, Infinity Keys, Crypto League, Coinfantasy, Flair.Finance, Eclipse, PG DAO, Adaptter, Tallyup and many more.
In addition to early access to AlphaNet, Saga Innovator program participants also receive extensive co-marketing from Saga and individual access to Saga’s technical resources for implementation. Once on the schedule, a project will continue with our development initiatives across the Saga roadmap to the core network and beyond.
What is Saga?
Saga is a Web3 infrastructure protocol that allows developers to build gaming and entertainment applications with their own dedicated block space. Dedicated block space ensures high throughput, no dependency on other applications using Saga, easy upgrade and congestion reduction. In other words, it eliminates some bottlenecks that prevent blockchain technology from reaching the general public.
Furthermore, gas tariffs for infrastructure remain predictable and by default are hidden from the end user, Saga allows developers to use any token or currency for their applications. The automated implementation of the dedicated block space will be protected via cross-chain security by the same set of validators that underpin Saga’s core network.
What’s in Andromeda?
Andromeda is currently being implemented as a development tool that easily provides the necessary infrastructure and deploys Ethereum Virtual Machine compatible chains accessible via Solidity development tools such as HardHat or Remix. Andromeda is ready to use as is and is the first step in the Saga roadmap towards more complex metaverse-oriented functionality (Saga calls it the multiverse) and greater automation on the Saga backend.
In the future, Saga will replace the centralized orchestration service with a decentralized chain, enable the interconnection of IBC chains, and implement shared security for the chains. For DevNet, Saga will introduce validator orchestration tools to help manage and coordinate chain implementation on decentralized chains.
Saga community members interested in joining the network itself will have the opportunity to become a node and participate in staking and delegation shortly thereafter. We will keep everyone updated on these future releases.
Saga is an automated distribution protocol for application-specific blockchains in games, entertainment and DeFi. Through its platform, it aims to allow developers to build the next 1000 chains in the multiverse. The company sneaked out in March and raised $ 6.5 million in May, valuing the company at $ 130 million. The company employs around 20 people. To date, Saga has raised $ 8.5 million.
“It took a few months to solidify our vision,” Liao said. “We raised our seed tower in May. Three days later, the market collapsed.
The company has slowed down some hiring, although it continues to hire technicians.
As for the cryptocurrency winter, Liao said the company had a chance to close the seed cycle before the crash a few days ago. This gave him a good war chest to build his technology.
“It is never good to be in a bear market. But the great thing is that it has forced many of those developers to think of games that are fun games and not just based on increasing symbolic value, “Liao said.” So we’re seeing a lot of people turning away from games to make money and a lot more. emphasis on game design. This is where we are very well positioned. Because if you are making a game that is basically DeFi with stick figures, you probably don’t care much about investing in a great infrastructure. But if you are looking to create a really fun game that allow just the kind of response time that the multitude of worlds many avid Web2 gamers expect, then this is the kind of infrastructure you need. So it was a lot of fun talking about these games and we just saw a lot of demand.
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