Saakuru Paces Its Way to Transform Gasless Blockchain Technology

Saakuru, a gasless blockchain network, reaches critical milestones, including entering the top 5 brands in its niche within 9 months of launch. The protocol has raised $2.4 million in funding and plans to launch its $SKR token this month. Saakuru eliminates gas fees, enhances user experience, and introduces innovative tokenomics models, making it a catalyst for mainstream Web3 adoption.

Saakuru Surges Forward in Revolutionizing Gasless Blockchain Technology

Singapore, April 22, 2024 - Saakuru, a groundbreaking gasless blockchain protocol, has announced significant milestones that propel it to the forefront of the industry. Within nine months of its launch, the consumer-centric L2 protocol has ascended to the top five brands in its niche, garnering an impressive 1.44 million weekly transactions, as reported by DappRadar.

Imminent Token Launch and Funding Success

Saakuru is poised for the imminent launch of its native token, $SKR, before the end of April. This highly anticipated event follows the project's successful private funding round, which surpassed its target of $2.4 million and will fuel the protocol's ongoing development.

Redefining the Blockchain Landscape with Gasless Technology

Saakuru embraces gasless technology, a catalyst for widespread Web3 adoption. This revolutionary approach eliminates gas fees, simplifies user experience, and dramatically reduces costs. It unlocks a paradigm shift in blockchain development, enabling the creation of versatile, secure, and cost-effective decentralized applications.

Addressing Stagnation and Challenges in Blockchain

In the current blockchain landscape, stagnation prevails, with Ethereum's gas fee model hindering mainstream adoption. The fluctuating fees, high costs, and security concerns have deterred many potential users from embracing the transformative power of Web3.

Saakuru's Innovative Solution

Saakuru has developed a public-permission, gas-less L2 blockchain powered by Oasys High-Speed Optimistic Rollups. This innovative architecture not only eliminates gas fees but also enhances user experience and introduces novel tokenomics models. It empowers developers to effortlessly create and execute token contracts, including features like vesting, staking, data tracking, and management, unlike most governance token-centric layer-2 blockchain networks.

Multi-Purpose SKR Token: Driving Utility and Governance

The Saakuru token ($SKR) serves as a multi-purpose utility and governance token for the Saakuru Protocol. Its advanced burning mechanism gradually reduces its supply, potentially increasing its value. The token plays a vital role in various protocol layers:

• Developer Layer: Through Saakuru Labs, developers access products and services with proprietary business models. Profits contribute to the protocol's sustainability through token burns.
• DeFi Layer: Taffy DEX technology powers this layer, and a portion of transaction fees is converted to SKR tokens and burned, enhancing token value.
• Governance Layer: SKR token holders participate in protocol governance, shaping its future. Tokens used in the review process are subject to burning, ensuring transparent and responsible decision-making.
• Protection Layer: The SKR token protection mechanism automatically triggers token burns, mitigating potential vulnerabilities and safeguarding protocol stability.

Embracing the Future of External Wallets

Saakuru recognizes the limitations of current external wallet models and foresees the adoption of embeddable models. These wallets offer superior security and customizable features, seamlessly integrated into mobile apps, creating a more user-friendly and secure Web3 experience.

Prebuilt Modules for Web3 Interoperability

The Saakuru protocol will feature prebuilt, easily deployable modules for essential Web3 interoperability functions. Developers will have access to smart contract event tracking, interaction APIs, an NFTs CRM, and a zkNFTs verification layer, enabling seamless integration of Web3 technologies into their operations.

Saakuru: The Web3 Innovator

Saakuru embodies a bold and innovative approach to Web3. Its gasless blockchain fosters stability, security, and accessibility for developers and users alike. The Saakuru Developer Suite empowers developers with comprehensive tools, libraries, and APIs, accelerating application development.

Experienced Team with Industry Support

Saakuru's seasoned development team boasts over a decade of Web2 product development experience and six years in Web3 applications, spanning both development and business perspectives. Their expertise has allowed them to identify and address the fundamental challenges hindering decentralized technologies' mass adoption.

Saakuru's vision has garnered support from industry leaders, including Ivan on Tech, a renowned educator on blockchain technology and an angel investor in the Saakuru Protocol. The project's imminent SKR token launch and the unwavering support it has garnered position it for continued success in revolutionizing the blockchain industry.