New L1 blockchain Saga has launched its incentivized testnet, which is called Pegasus. It’s the primary of six steps main as much as the eventual launch of the Saga Protocol V1 mainnet that’s scheduled for early 2024.
As a part of the launch, Saga can also be rolling out a marketing campaign that may reward non-US builders, finish customers, validators, and group members with a possible airdrop of SAGA tokens.
Earlier in 2023, Saga launched Realms, what it calls the technical manifestation of the Saga Multiverse, its platform that allows totally different applied sciences and IPs to deploy and work together with one another by way of devoted parallelized and interoperable chains. Utilizing Realms permits builders to decide on the options and companies they want for his or her functions; one thing that’s supported within the Pegasus launch.
Extra typically, Saga permits builders to launch an built-in stack of automated, excessive efficiency, gasless, interoperable and customizable chains which it labels Chainlets.
The Saga Chainlet Realm would be the most important Realm on the protocol, with different blockchains together with Ethereum (Ethlets), Polygon, Avalanche, Celestia and XPLA planning their very own deployments.
On this manner, the Pegasus Incentivized Testnet options the Saga Chainlet Realms plus the core Safety chain and Platform chain, which is the place builders launch and keep their Chainlets. The primary Chainlet might be EVM-based to help the Ethereum ecosystem however the longterm purpose is to be VM-agnostic.
“Saga has the best community any protocol could ask for. Seeing our Innovators showcasing
their creativity in this Incentivized Testnet, we are more positioned for success than ever,” stated CEO
“We have seen incredible gaming apps get to demo-able state and cannot wait to take them live on the Saga platform. We are fully committed to do everything we can to support their growth.”
At the side of this exercise, Saga has introduced its Cohort 5 set of builders, which brings its complete to 282, a quantity anticipated to rise past 300 by the point the mainnet is dwell.
You could find out extra about Saga by way of its web site.