Saga raises $3.6M to make metaverse middleware

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Saga has raised $ 3.6 million to create the middleware of Metavers, the universe of virtual worlds that are all interconnected, as in the novels. Snow crash And Ready Player One,

Saga is a decentralized gaming community focused on expanding and enriching Metawors by chaining agnostic market tooling, championing emerging projects and unlocking the power of Metawars owners, builders and players around the world. It can do this with cross-game non-fungal tokens (NFTs), which authenticate unique digital items using blockchain.

Saga’s priority is to work with regulatory-compliant, triple-A projects that are supported by professionals with deep gaming roots. By securing the assets and resources traditionally available only to the wealthy, Saga said it could empower gamers and provide a significant portion of the in-game economy to players who value these games the most.

Saga plans to create a series of game-specific councils recruited through its Soulbound system – an aptitude that rewards real gamers. You can’t just buy yourself into a council, and you shouldn’t beg for a slot in certain discord chats.

You will gain your position in the Soulbound by playing in the important games you already have. Achieving the pledge and role in the council will bring benefits and responsibilities in equal measure.

Over time, Saga believes that this player-centric approach will attract the best minds in gaming who want to see blockchain gaming grow and flourish around the world. Using Solbound as a foundation, SAGA will build tiered integration and smart contract tooling to help with this upcoming evolution of gaming and social connectivity.

Animoka Brands Delta Blockchain Fund, Genblock Capital, Moonchain Capital, Compute Ventures, NGC Ventures, Highstreet Ventures, M31 Capital, Metal VC, Panoni, Rainmaker Games, Everest. And AAG Ventures.

“Saga shares our vision of Open Metavers, and we look forward to working with its team as it develops solutions to unlock the potential of blockchain gaming on a scale,” Yat Siu, executive chairman of Animoka Brands, said in a statement. “We are very excited about Saga’s partnership with the upcoming Triple-A title, tooling and commitment to regulation-friendly ecosystems, and we believe that its solidbound middleware approach will be able to help blockchain games grow a committed player base.”

Saga’s ecosystem

Animoca Brands Web 3 is a global leader in gamification and blockchain with a huge portfolio of over 340 investments in decentralized projects that are contributing to the creation of open metavers. SAGA joins the web 3 investment portfolio of Animoka brands, including researchers from Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games (YGG), Splinterlands, Star Atlas and others. Animoka brands also own leading blockchain games such as The Sandbox and Phantom Galaxy.

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 engagement across metavors.

To move forward with the adoption of blockchain gaming, Saga believes that Web3 games need to be valued as entertaining, widely accessible and entertaining, with monetization coming second. In order to support and strengthen this dynamic, the average everyday player must also be empowered by a sense of ownership.

Enter Non-Transferable Social Token (NTST) – a new token that cannot be sold or transferred. He can only earn. Soulbound will incorporate NTST M-XP (Metavers Experience Points) into the Play System’s new tokenized proof that will track your unique achievements and reputation across Metavers, building your saga.

The company said that Solbound serves gamers, guilds and games so that a healthy Metawors ecosystem can thrive for years to come.

Using the Soulbound Player Profile, individual players and communities will gain access to exclusive opportunities in Metavers; The Guilds will be able to enrich their recruitment and engagement processes, and the games will be able to develop their player base with real players.

As gamers complete quests and missions in various games supported by Soulbound, they are awarded NFTs, experience points, achievements, and badges. Essentially creating their fingerprints on the Web 3 gaming ecosystem. The funny thing is that any third party can add NFT or their own currency as a reward to Quest in Solbound.

Casey Bloom, Head of Business Development at Saga, said in a statement: “We are very excited for the future of GameFi as we unveil features to integrate NTST across ecosystems and create truly independent profiles for players in metavars.” “To be a place for gamers and guilds to receive prizes for their game assets, such as NFTs and in-game milestones, game play and achievements, and to be a place to do and start quests with partnership and supported games. Solbound will help bring all players, guilds and sports together. “

The Soulbound Player profile offers more than just customizable rewards and opportunities – it provides on-chain status that cannot be faked or purchased. We are currently working with a number of high-profile projects to incorporate our Quest platform as an education and reputation system to bring expertise to the games that one person plays in multiple ecosystems.

Web2 Players of massive multiplayer online (MMO) and online games have poured billions of hours and dollars into walled gardens that will never be rewarded for the value they bring. Saga wants to change that.

Early Properties of Saga

When it comes to blockchain gaming, Saga believes it has a bright future with Triple-A games. The company has partnered with game developers who will use its middleware.

AI Mensbridge, head of strategic operations and co-founder of Saga, said in a statement: “Saga has some of the most selected planets, asteroids and digital land in the next generation of blockchain games, the most promising for real gaming communities. We are working to ensure that the best players can participate in the governance of these lands so that this emerging pattern can help enthusiastic players establish best practices for onboarding and retention. “

Phantom galaxies

Phantom Galaxies is an NFT game on PC and consoles.
Phantom Galaxies is an NFT game on PC and consoles.

Phantom galaxies are an example. Created by the division of Animoka Brands, the game is a third-person action RPG shooter that pushes players into an interstellar duel of mechanized Starfighters, fluctuating between the classic mecha robot form and the starship mode. In Mecha mode, unleash a barrage of bullets in space and on the ground, stand close enough to a brutal melee attack with some builds – in the form of a starship, hurl through the stars with tight maneuvers and syringe laser attacks.

Some members of Saga’s core team have been playing Phantom Galaxy Alpha since its launch and are impressed with the fun of the experience and the commitment of the player base. Saga believes it will be a huge draw for elite guilds and gamers – and he plans to help them find each other.

With multiple planets – including one of a very limited number of “big” planets – and more than 100 asteroids, Saga is opening limited access to raids, rewards and gifts through the Soulbound.

Highstreet

Highstreet is using Soulbound.

Other games that use saga include highstreet. Saga will own and operate a special island, Solbound Sagalans, in this MMORPG, which combines NFTs and physical objects.

HighStreet’s core partnership with international brands and dedicated communities already playing in the web browser metavars makes for an exciting approach to Web 3 gaming. By integrating Soulbound’s quest system, Saga will help drive a virtuous economic cycle in the High Street economy and make room for a high-value player base that they aim to attract.

Other titles include performance and big time.

Saga said it is building Soulbound to be a safe and robust platform for its users and is considering increasing regulation in the space. As part of its precautionary approach, Saga is awaiting clear guidance from the US Securities and Exchange Commission and other legal entities before entering the US market.

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