Collaboration with Bolt‘s Capital, LTD

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Participants in the rounds include Cypher Capital, Bolts Capital, New Tribe Capital, MH Ventures, Oracle Investment Group, Moonboots Capital, Fairum Ventures, Insignius Capital, Lydia Capital, 01 Capital, Insignia Capital, Influx Group, Aussie Capital, Brotherhood Ventures, Herd Ventures, Bluechips Capital, Dutch Crypto Investors, Mirmi Capital, Island Capital and Kangaroo Capital.

“We are extremely proud we were able to meet the stringent requirements to establish a partnership with Bolt’s Capital. They are a trusted capital source for many of the leading projects in the Web3 space, their commitment will allow us to ensure the growth and development advancements to the SagaChain Ecosystem” – Michael Holdmann Founder, CEO, PraSaga Foundation.

The PraSaga Foundation’s $20 million “liquid line,” is intended to allow access to liquid digital assets held on exchanges at over-the-counter rates. The funds are expected to provide financial support for ongoing and future developments within the PraSaga ecosystem as needed.

SagaTech Stack enables the world’s first pure Object Oriented Blockchain. It consists of SagaChain, SagaNode, SagaOS, SagaPython, SagaScale, and SagaIoT providing the infrastructure and scale to onboard mass adoption of blockchain technology. Utilizing a novel approach to provide more operational value to anyone building on or utilizing blockchain technology.

SagaChain’s Object State Database Management Model is essentially an extension of the Internet delivered via a Layer1 blockchain with unparallel scale through fully dynamic sharding. On the client side, a modified Python (SagaPython) will enable millions of developers to begin exploring blockchain applications and expanding the functionality of blockchains themselves.

SagaChain focuses on providing Real World Utility to all its users. Through work in the Digital Twin Consoritum, PraSaga is working with many enterprise partners to bring Blockchain technology to industries such as Supply Chain, Entertainment and Media, Real World Assets (RWAs), and Pharmaceuticals to name a few. SagaChain provides enterprises a platform to digitize and automate operations while increasing regulatory compliance ease and decreasing costs for themselves.

The use of Digital Assets and Blockchain Technologies are seeing a rapid rise in mainstream industries and SagaChain is poised to provide the platform to scale with this rising tide. With this funding, PraSaga Foundation will be able to accelerate the path to mainnet, provide critical resources for the continued expansion of the Saga TechStack, support the continued growth the the SagaChain Ecosystem, and expand our partnerships and alliances with Academia, Enterprise, and industry leaders.

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About PraSaga Foundation

PraSaga Foundation, custodian of the SagaTech Stack, is poised to transform the blockchain landscape with the upcoming launch of SagaChain. SagaChain, a groundbreaking layer-one blockchain, addresses critical challenges faced by existing blockchain networks. With a strong emphasis on scalability, security, and sustainability, SagaChain empowers developers to build high-performance decentralized applications (dApps) that cater to real-world needs, driving widespread adoption.

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Stay tuned for updates as we embark on this exciting journey together!

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