Saga raises $5M more in seed funding for Web3 protocol development

Saga, a game-focused Layer-1 protocol and developer ecosystem, has raised $5 million in a seed extension funding round.

Led by Placeholder, a premier venture capital firm specializing in decentralized protocols and Web3 services, this investment marks more progress for Saga, as this is the largest percentage stake in a pre-Layer-1 launch in Placeholder’s history.