Posted 11/20/2023, 1:00:04 PM
Web3 Gaming Startup Saga Raises $5M Ahead of Mainnet Launch, Aims to Help Developers Build Scalable Blockchain Games
- Saga, a Web3 gaming protocol, raises $5M in funding from VC firm Placeholder ahead of mainnet launch in Jan 2023
- Saga aims to help Web3 game developers launch customizable "chainlets" for scalability instead of a single blockchain
- Saga has seen strong developer traction with nearly 300 projects on its testnet Pegasus
- Planned token airdrop first for testnet developers then community members with "high" requirements
- Focus on mobile gaming seen as key for mainstream crypto adoption given infrastructure demands like low latency