PraSaga

PraSaga is building the next-generation layer-1 blockchain. PraSaga’s technology solution solves many of the limitations that plague first-generation layer-1 blockchains by aiming to lower transaction fees, increase extensibility for supply chains, and lower development costs. PraSaga's blockchain is powered by smart assets, instead of smart contracts, in a design to significantly increase throughput and speed and decrease costs. The company's mission includes making its blockchain technology easy for developers to develop on and use. They also aim to empower a collaboration of innovative businesses, governments, developers, miners, and token holders.

PraSaga was founded in March 2017 by its CEO Michael Holdmann, CTO David Beberman, and CMO Jay Moore. The firm is a Swiss foundation headquartered in Zug, Switzerland, in the heart of the Crypto Valley, with its US office in Las Vegas, Nevada.

Per the company's roadmap, it plans to launch its testnet and SagaCoin by the end of 2022 and its mainnet in 2023. SagaCoin is the native payment and utility token for use on SagaChain.

PraSaga Roadmap

In January 2022, PraSaga joined the Chamber of Digital Commerce executive committee. The chamber is the world’s leading trade association and advocacy group representing digital asset and blockchain industry innovators, operators, and investors.

PraSaga has also built a network of partnerships through IEEE, Open Connectivity Foundation (OCF), Industrial Internet Consortium (IIC), and Digital Twin Consortium with Gen XP, Latitude Blockchain Services, Excavo, Grow, Johnson Edman Advertising, Potrero, BigCoin, pwc, Blockpass, Moonboots, and Ancore Strategy.