Break the Bear

Rebecca Liao
Sagaxyz
Published in
2 min readOct 18, 2023

Greetings Saganauts!

Over the last few months, we have received a lot of requests from our Innovators to connect them to investors for capital raises. As all of you know, we have been deep in the crypto bear, and this particular cycle is one of the worst markets we’ve seen.

But from our position, we’re spotting signs of recovery. These last few weeks, investors have approached us with a common theme:

“We are now good with infrastructure investments and will be shifting to user-facing projects that can bring on new users, assets and activity on-chain. It is clear that lack of adoption is the strongest pain point for the whole crypto ecosystem. Saga, you have hundreds of these consumer apps.”

Yes, we do. And we’re ready to help.

Given the volume, we want to send projects to investors in a systematic and scalable way. First off, in order to take part, projects must be a Saga Innovator and must have completed at least one of the activities for our Innovator Quest. Our Innovators can send their round information to us, and we will gather it in our database. Every two weeks, we will send this information to a highly curated group of investors who have opted into this initiative. Any investors who wish to participate should definitely get in touch, but we will prioritize those close to Saga. We will not share the contact info for either the investors or the projects unless both sides have indicated interest.

This initiative will be an evergreen effort in our Innovator Program, but every campaign will have a different theme.

This campaign? Break the Bear.

These last 10 months, we have seen some incredible gaming, entertainment, DeFi and social apps get to demo-able state and cannot wait to take them live when we hit Mainnet. We have to do everything we can to support their growth.

It’s time, Saganauts. Enough is enough. We’ve heard the signal. Let’s break this fucking bear.

Journey On,

Saga Team

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