Saga and Pala Strategic Partnership
Saga is pleased to announce a partnership with Pala, an NFT marketplace that is reinventing the Web3 experience so that anyone can use crypto assets. Pala aims to provide a convenient investment experience where users can directly participate and create value, from DeFi to NFT markets and social communities. Pala, a Web3 service company based out of Korea, offers a suite of products such as Alap NFT, PalaDEX, PalaSquare BETA, PalaVault, and Bluewhale — a crypto asset management platform.
Be sure to check out our Twitter to learn more about this exciting announcement.
About Pala and the Saga Innovator Program
Saga is building Web3 infrastructure solutions to enable developers to build applications with their own dedicated blockspace. Dedicated blockspace ensures high throughput, no dependencies on other applications using Saga, easy upgradability and congestion relief. In addition, gas fees for infrastructure remain predictable and are by default hidden from the end user, allowing developers to use any token or currency for their applications. The automated deployment of dedicated blockspace will be secured via interchain security by the same set of validators that underlie the Saga mainnet.
The word ‘Pala’ stems from the work of British novelist Aldous Huxley where he describes a utopian island where individual achievement leads to community growth. ‘Paladins’ pursue a sustainable system by deciding important issues such as the introduction of advanced technologies and resource optimization in a democratic way. Taking inspiration from this, Pala aims to create a truly decentralized community by using blockchain to ensure transparent crypto ecosystem operation.
In coming months, Pala will evaluate Saga and our tools as potential base chain infrastructure for their ecosystem of applications and up-and-coming projects.
In Their Own Words
“Pala is providing a friendly Web3 experience for the broader world.” Jason Kim, Partnership Lead, Pala
“Pala World accounts for the majority of traffic on the Klaytn network by far, and we are honored to have them as an Innovator building on Saga. As one of the foremost NFT art projects, Pala has understood the challenges of growing and continuing to innovate in this dynamic space, and we’re thrilled to be their partner.” Rebecca Liao, Co-Founder & CEO, Saga.