Saga (SAGA)

Blockchain Creation

Saga lets users easily create their own dedicated, scalable, and interoperable Layer-1 blockchains that are EVM compatible. This means developers can launch new blockchains quickly without worrying about infrastructure.

Scalability and Performance

Saga offers infinite horizontal scaling, allowing dApps to run smoothly with dedicated resources and no performance bottlenecks.

User Experience

Saga supports gasless transactions, so users can interact with dApps without paying transaction fees, making the experience seamless.

Ecosystem and Tools

Saga is compatible with Ethereum tools, helping developers use existing resources to build faster and better.

Cross-Chain Liquidity

Saga recently launched the Liquidity Integration Layer (LIL), which helps connect liquidity across different blockchains, improving trading and asset movement.

Community and Innovation

Saga supports a growing ecosystem of projects including Web3 games and AI agents, encouraging creativity and new blockchain ideas.

For more details, visit Saga's website.

Pros

• Infinite Horizontal Scaling: Saga lets you launch your own dedicated Layer-1 blockchain with resources that grow as needed, avoiding slowdowns.
• Gasless Transactions: Users can enjoy transactions without paying fees, making the experience smoother.
• EVM Compatibility: Saga supports Ethereum tools and smart contracts, so developers can use familiar resources to build quickly.
• Easy Chain Creation: You can create your own Layer-1 blockchain in minutes without needing permission or complex setup.
• Thriving Ecosystem: Saga supports many projects like games and AI agents, offering a rich environment to build and connect.
• Liquidity Integration Layer (LIL): Saga provides tools for better cross-chain liquidity and decentralized exchange options.

Cons

• Newer Platform: As a newer blockchain ecosystem, it may have fewer users and projects compared to older blockchains.
• Ecosystem Growth Needed: While growing fast, the number of apps and developers is still expanding, so some features or support might be limited.
• Specialized Use: Saga focuses on Layer-1 chains and scalability, which might be more complex for casual users or small projects.

For more details, visit Saga's website.

Founders of Saga

The website https://www.saga.xyz/ does not explicitly list the founders of Saga. For detailed information about the founders, you may want to check official announcements, social media channels, or community pages related to Saga.

Investors in Saga

The official Saga website does not list specific investors or investment firms publicly. For detailed and up-to-date information about Saga's investors, it is best to check official announcements or trusted crypto news sources.

Halal Status of Saga

• Yes, Saga can be considered halal if it meets Islamic finance principles.
• The key reason is that Saga operates as a blockchain platform without involving interest (riba), gambling (maysir), or prohibited activities.
• Saga focuses on enabling developers to build blockchains and applications, which aligns with permissible business activities.
• However, final determination depends on individual or scholar review of the specific use and compliance with Shariah guidelines.

For more details, you can visit the official Saga website: https://www.saga.xyz/