Saga is a gaming-centric Layer-1 network on the Avalanche blockchain that is preparing to launch its mainnet and a native cryptocurrency called the $SAGA token. The project’s founders launched a “play-to-airdrop” campaign in December, which is a three-phase airdrop campaign to reward players, DeFi stakes, and NFT holders in SAGA.
The airdrop campaign has been building up pace and is one of the highly-anticipated token launches of the year. This article will take you through everything you need to know about the Saga network, how you can be eligible to claim the tokens and its launch date.
With the crypto community all excited about the prospect of the Saga protocol, we ensure that you are well informed and prepared to take full advantage of this unique opportunity.
What is Saga ($SAGA)?
The Saga network aims to become the launchpad for blockchain games by offering a Layer-1 protocol that can be complementary to other L1 blockchains.
The project caught the attention of investors, tech enthusiasts, and gamers for its underlying technology that promises to address many of the scalability and security challenges that have plagued earlier gaming networks.
Saga is set to launch its own chain, called a chainlet, comprising of a set of networks. These chainlets work in parallel to power decentralized applications (DApps) or support apps on other chainlets within the Saga ecosystem. There are currently over 350 projects working on Saga.
While the protocol is not a gaming-exclusive blockchain, a vast majority of the projects being built on it are gaming-oriented in some shape or form. An estimated 80% of projects on the Saga testnet are gaming-related.
What is the “Play-to-Airdrop” Campaign?
Saga announced a “Play-to-Airdrop” campaign from December 2023 to early 2024. This three-phase airdrop campaign is set up to reward players, DeFi stakers, and NFT holders with SAGA tokens.
The campaign incentivizes players who compete in certain games on the network by making them eligible for an airdrop of its native SAGA token. In addition to games that are being built on the Saga network, the founders are also teaming up with some game labels on other blockchains like Solana and Avalanche to reward their players.
There is also aidrop allocation for DeFi stakers on Celestia, Avalanche, and Polygon blockchains. In the first two phases, over 200,000 wallets spanning players and DeFi users were found eligible for the airdrop.
Recently, Saga included holders of NFTs like Bored Ape Yacht Club, CryptoPunks, and Bad Kids to the eligibility list.
Saga is aiming to become the on-chain launchpad for blockchain-based gaming. It’s mainnet will extend support to other Layer-1 blockchains, ensuring interoperability and massive adoption.
A total of 60 million SAGA will be given away throughout the campaign.
How To Become Eligible For The $SAGA Airdrop?
Here is how you can become eligible for the Saga token airdrop and claim your share of the tokens:
- Sign up for the SAGA newsletter:
Stay informed about the project’s latest developments by subscribing to the newsletter. This will provide you with a heads-up on the airdrop’s details.
- Join the $SAGA community:
Follow Saga network’s social media channels and become an active part of the community of like-minded individuals. Share, comment, and interact with other members to become fully aware and educated about the project.
- Hold a certain amount of a specific cryptocurrency to qualify:
Some airdrop campaigns require you to hold a certain amount of another cryptocurrency in your wallet to become eligible for the airdrop. Follow the $SAGA airdrop announcements for specifics.
- Complete the Airdrop tasks:
To qualify for the airdrop, you will need to complete a set of tasks, ranging from quizzes about the technology behind the Saga protocol to social media challenges.
- Verify your wallet:
Ensure that your crypto wallet is compatible and verified according to the Saga project’s guidelines to receive your free SAGA tokens.
How to Claim $SAGA Tokens?
Here are the steps you need to follow to claim the SAGA tokens:
- Visit the official $SAGA airdrop page:
Navigate to Saga’s official website and look for the airdrop section. Enter your email address to subscribe to the event.
- Engage with community members:
Join Saga’s social media platforms and engage with the content. This will require you to retweet a post, join a Telegram group, or participate in community discussions.
- Complete airdrop tasks:
Look up every task detailed on the website and learn about them through community channels. With each completed task, you move one step closer to receiving free SAGA tokens.
- Submit wallet details:
Once all the tasks have been completed, you will be asked to submit your wallet address to Saga. Make sure that your wallet supports the token standard used by SAGA. All necessary information will be provided by the airdrop page.
- Await confirmation:
After submitting your wallet details, wait for a confirmation email or notification from SAGA. This will confirm your participation and eventual retrieval of SAGA tokens.
When is $SAGA Launch Date?
The SAGA token was launched on April 9th on the crypto exchange Binance. The project’s launch pool campaign seemingly broke the $13 billion mark. Binance users who staked Binance Coin (BNB) and FDUSD stablecoin were eligible to receive the tokens on that day.
SAGA will have an initial circulating supply of 90 million tokens, which represents 9% of the total supply. Half of that amount was offered to the over 500,000 participants in Binance’s launchpool who had already staked qualifying cryptocurrencies.
Conclusion
The $SAGA airdrop presents a unique opportunity for crypto enthusiasts to be at the forefront of innovation in the crypto sector. By following the steps outlined above, you can guarantee your place in this exciting crypto project.
Always remember that the key to maximizing your success from the airdrops lies in your ability to stay informed, engaged, and proactive in the community.
Read more: How To Claim White Bunny Airdrop, Eligibility& Launch Date.
