Saga unveils Web3 Tech that it Hopes will Enable the Multiverse
Aug 28, 2023
Saga, the Web3 scalability protocol, announced new Web3 technologies that it hopes to boost the fortunes of the game and entertainment industries.
Saga’s Multiverse Summit was held on a yacht during Gamescom 2023 in Cologne, Germany. It introduced Saga’s latest developments, including Pegasus, a protocol that enables developers to launch dedicated chains automatically. Pegasus offers unparalleled flexibility and scalability, and Saga also unveiled the Saga Ethlet, an Ethereum scaling solution. Saga is a Web3 infrastructure protocol that empowers developers to build gaming and entertainment applications.
Saga’s CEO said the summit was a success and reinforced Saga’s position as a leader in game development for creators looking to new development platforms, specifically Web3.
The Multiverse Summit
The Multiverse Summit was a two-day event that showcased the convergence of blockchain technology and gaming. It featured presentations from renowned industry experts, game demonstrations, and the unveiling of groundbreaking technologies. Saga, a Layer-1 blockchain protocol, was one of the featured companies.
Saga believes that building the multiverse, or metaverse, is better with blockchain. Saga's mission is to break down barriers in Web3 so creators can do what they do best: create without having to build back-end systems themselves.
Faster, Cheaper and Better
Saga’s new blockchain is faster, cheaper, and better than others. It is designed for gaming, which is a growth center. The company is setting up a testnet to check scalability and is looking for more validators. It plans to keep costs low and focus on user-generated games to attract users.