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Saga raised $ 3.6 million to create metaverse middleware, the universe of virtual worlds that are all interconnected, as in novels such as Snowfall and Loans play one.
Saga is a decentralized gaming community that focuses on expanding and enriching the meta-verse by creating independent marketplace tools in the chain, championing new projects and unleashing the power of game owners, builders and players. Metaverse worldwide. It can do this with cross-game non-fungible tokens (NFTs), which authenticate unique digital objects using blockchain.
Saga’s priority is to work on regulatory triple-A projects backed by professionals with deep roots in the game. By securing features and resources traditionally reserved for the wealthy, Saga said it can empower players and provide control over a significant portion of the game’s economy to the players who enjoy these games the most.
Saga plans to form a series of game-specific councils recruited through its Soulbound system – a meritocracy that rewards real players. You will not just be able to sign up for a board, nor will you have to beg for a seat in a Discord chat.
You will earn your place in Soulbound by playing the games you already enjoy. Committing to and securing a role in a council will provide benefits and responsibilities equally.
Over time, Saga believes this player-centric approach will attract the best brains in gaming who want to see blockchain games grow and thrive around the world. Using Soulbound as a foundation, SAGA will create step-by-step integrations and smart contract tools to help this next development of gaming and social connectivity.
Animoca Brands led the round with the participation of Delta Blockchain Fund, Genblock Capital, Moonchain Capital, Compute Ventures, NGC Ventures, Highstreet Ventures, M31 Capital, TsingTing Capital, Metal VC, PANONY, Rainmaker Games, Everest Ventures Group, vEmpire, SL2 Capital, and AAG Ventures.
“Saga shares our vision of open metavers, and we look forward to working with their team as they develop solutions to unlock the potential of large-scale blockchain gaming,” said Yat Siu, CEO of Animoca Brands. , in a press release. “We are strongly encouraged by Saga’s partnerships with upcoming triple-A titles, tools and commitment to regulatory compliant ecosystems, and we believe its Soulbound middleware approach will be able to help game blockchain develop bases of committed players. “
Animoca Brands is a global gamification and blockchain leader with a broad portfolio of over 340 investments in web3 decentralized projects that help build the open metavers. SAGA joins Animoca Brands’ web3 investment portfolio, which includes innovators such as Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games (YGG), Splinterlands, Star Atlas and others. Animoca Brands also owns top blockchain games like The Sandbox and Phantom Galaxies.
The new funding will be used to develop Saga’s first major contribution to blockchain gaming: Soulbound – a player profile system designed to reward players for their passion and commitment across the meta-verse.
To promote blockchain game adoption, Saga believes that Web3 games should be fun, widely available and valued as entertainment first, with revenue generation second. In order to accompany and reinforce this dynamic, the actors in the average daily life must also have a sense of appropriation.
Enter the non-transferable social token (NTST) – a new token that cannot be sold or transferred. It can only be won. Soulbound will integrate NTST M-XP (Metaverse Experience Points) into a new tokenized proof-of-play system that will track your unique performance and reputation across the metaverse and build your saga.
Soulbound serves players, guilds and games so a healthy meta-worst ecosystem can thrive in the years to come, the company said.
By using the Soulbound player profile, individual players and communities will have access to exclusive metaverse options; guilds will be able to enrich their recruitment and recruitment processes, and games will be able to expand their player bases with real players.
As players complete quests and missions in the various games that Soulbound supports, they are rewarded with NFTs, experience points, achievements, and badges. Basically, they create their fingerprints through the Web3 gaming ecosystem. The funny thing is, any third party can attach an NFT or their own currency as a reward for a quest in Soulbound.
“We are very excited about the future of gamefi as we release features to integrate NTST across ecosystems and create a true indie profile for metaverse gamers,” Casey Grooms, Business Development Manager at Saga, said in a press release. “Becomes the only destination for players and guilds to display their gameplay assets, such as NFTs and in-game milestones, be rewarded for games and achievements, and complete and launch quests with partner and supported games. Charge. Soulbound helps to connect all players, guilds and games together.
The Soulbound player profile offers more than customizable rewards and options – it provides chain status that cannot be forged or purchased. We are currently working on several high-profile projects to integrate our quest platform as an education and reputation system to reflect the expertise a person brings to the games they play across multiple ecosystems.
Players of Web2 massively multiplayer online (MMO) and online games have invested billions of hours and dollars in walled gardens that will never reward them for the value they provide. Saga wants to change that.
Saga original features
When it comes to on-chain gaming, Saga believes it has a bright future with triple-A gaming. The company has partnered with game developers who will use its middleware.
AI Mansbridge, head of strategic operations and co-founder of Saga, said in a statement: “Saga has some of the most elite planets, asteroids and digital Earths in the most promising second-generation blockchain games for real player communities. We are working on a system that provides top players the opportunity to participate in the management of these courts to help establish best practices for onboarding and retaining passionate players in this new paradigm.
An example of this is phantom galaxies. The game built by a division of Animoca Brands is a third-person action-RPG shooter that throws players into an interstellar duel of Mechanized Starfighters, seamlessly switching between classic mecha robot form and a space ship. In mecha mode, you can unleash barrage of bullets into space and on the ground, and even get close to wild melee attacks with specific constructions – in spaceship form, blast through the stars with tight maneuvers and attack flaming lasers.
Several members of the Saga core team have been playing Phantom Galaxies alpha since its launch, and they are impressed with the fun of the experience and the player base’s commitment. Saga believes this will be a huge draw for elite guilds and players – and he plans to help them find each other.
With multiple planets – including one of a very limited number of “large” planets – and over 100 asteroids, Saga opens up limited access to raids, rewards and gifts through Soulbound.
Other games that use Saga include Highstreet. Saga will own and operate an exclusive island, Soulbound Sagalans, in this MMORPG, which combines NFTs and physical objects.
Highstreet’s great partnerships with international brands and a dedicated community already playing in the web browser’s metaverse create an exciting bid for web3 games. By integrating Soulbound’s quest system, Saga will help create virtuous economic cycles in the Highstreet economy and make the space available to the valuable player base they aim to attract.
Other titles include Influence and Big Time.
Saga said it is building Soulbound to be secure and robust platforms for its users and is aware that regulation will increase in this area. As part of its cautious approach, Saga awaits clearer guidance from the US Securities and Exchange Commission and other legal entities before entering the US market.
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