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Saga, a protocol for automatically provisioning application-specific blockchains, announced today that it is exiting stealth mode to more actively partner with its developer community on building their own dedicated chains in the multichain metaverse, or multiverse.
Saga’s initial focus will be on gaming and entertainment chains. Not only do these applications have the most urgent need for dedicated runtime environments and close to 100% SLA, they are also the fastest growing sector in web3 with the most immediate potential for mass appeal. As the metaverse expands, performance requirements and end user expectations are climbing higher and higher, and crypto-based applications have to deliver.While the metaverse is a burgeoning use case, DeFi will always be at the heart of web3. Its innovations in blockchain, which ultimately open the door to processing low value, high volume transactions at scale, will enable new classes of DeFi applications that were not previously possible.