{"id":17110,"date":"2024-04-22T15:05:41","date_gmt":"2024-04-22T15:05:41","guid":{"rendered":"https:\/\/www.fundsspectrum.com\/2024\/04\/22\/saakuru-leads-the-gasless-blockchain-revolution-disrupting-the-industry\/"},"modified":"2024-04-22T15:05:41","modified_gmt":"2024-04-22T15:05:41","slug":"saakuru-leads-the-gasless-blockchain-revolution-disrupting-the-industry","status":"publish","type":"post","link":"https:\/\/www.fundsspectrum.com\/2024\/04\/22\/saakuru-leads-the-gasless-blockchain-revolution-disrupting-the-industry\/","title":{"rendered":"Saakuru Leads the Gasless Blockchain Revolution, Disrupting the Industry"},"content":{"rendered":"
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Singapore, 22nd April 2024, ZEX PR WIRE<\/a>,\u00a0<\/strong>Saakuru<\/span><\/a> announced some recently reached milestones in its development, which put it at the forefront of the gasless blockchain revolution currently disrupting the industry. The consumer-centric L2 protocol entered the top 5 brands in its niche within 9 months of launch. Moreover, according to data from DappRadar, it records over 1.44 million\/week.<\/span><\/p>\n

Saakuru is preparing for the official launch of its Saakuru token ($SKR) before the end of April. The project also successfully<\/span> raised $2.4 million<\/span><\/a> in an oversubscribed private funding round to develop its protocol.<\/span><\/p>\n

The Saakuru Protocol<\/span><\/a> is an up-and-coming proponent of gasless technology, considered by many an accelerator of Web3 adoption into the mainstream. Its mission is to improve the user experience for both developers and end users and drastically reduce costs. These enhancements should forever change the blockchain landscape, enabling the development of more versatile decentralized applications boasting higher security standards, cost-effectiveness, and ease of use.<\/span><\/p>\n

As of 2024, blockchain technology is stagnating and used mainly for crypto trading. Also, the broadly adopted Ethereum model, based on gas fees fluctuating depending on network use, can lead to high costs and a disappointing user experience. Lastly, most blockchain networks face significant security issues, deterring new users from onboarding promising projects.<\/span><\/p>\n

Saakuru has developed a public-permission, gas-less L2 blockchain powered by Oasys High-Speed Optimistic Rollups. The network\u2019s design eliminates gas fees, significantly improves user experience, and proposes new tokenomics models. For instance, it enables the easy creation and execution of token contracts, including features like vesting, staking, data tracking, and management. This approach differs significantly from most layer-2 blockchain networks, which rely primarily on governance tokens.<\/span><\/p>\n

The Saakuru token is a multi-purpose token ensuring utility and governance for the Saakuru Protocol. It uses an advanced burning mechanism to gradually reduce its supply while potentially increasing its value. The token is involved in all the operative layers of the Saakuru protocol:<\/span><\/p>\n