Saga Chain is a Layer 1 network built on the Cosmos SDK with limitless horizontal scalability potential. It enables web3 game developers to seamlessly spin up their own parallelized, Virtual Machine-independent, and interoperable chains called "Chainlets".
The entire Saga protocol is powered by its native $SAGA token, which is used for accessing decentralized governance, staking, paying fees, and rewarding Chainlets validators within the network.
Since its inception in 2021, the company has closed three private funding rounds with top-tier funds and investors, including Polygon Studios, Hypersphere Ventures, SamsungNext, and others, securing over $15M.