Saakuru is an L2 Ethereum protocol that enables gasless transactions within its network. On the Saakuru blockchain, the gas fees for usage of the network are covered by the network itself and dApps built on it, allowing users to enjoy all the advantages of blockchain but with an improved UX.
It is powered by the native $SKR token, which allows users to participate in DAO voting and developers to reduce gas fee costs via staking.
The company also has a strong network of funds and investors including Haskey Capital, Sandeep Nailwal and others which envisioned a big potential in the Saakuru network, investing over $2.4M into the project.
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Saakuru blockchain is an L2 Ethereum network built on an OP stack with the goal of making blockchain technology accessible to a wider audience.
It allows users to interact with applications on its chain without paying transaction fees to the network, as dApps and the Saakuru network will bear the cost of fees. This facilitates easier entry and adaptation to blockchain technology for new users while attracting potential clients for the dApps within its chain network.
Saakuru has also developed a diverse range of tools for developers called the "Developers Suite" to seamlessly build new applications upon its network. These include:
The project’s unique concept and product design have garnered significant attention from the crypto community, enabling Saakuru blockchain to grow its user base to over 426K active wallets, with assets deposited and recording more than 1.4M transactions per week.
Additionally, it has established partnerships with a diverse network of leading funds and angel investors, including Hashkey Capital, Shima Capital, Sandeep Nailwal (Polygon Co-founder), and others, raising over $2M during its private funding round.
Recently, the project released its roadmap for 2024, announcing IDO on Decubate and the launch of the $SKR token. The token's primary role is granting access to the governance voting and reducing the cost of the gas fees for dApps via staking.
Considering the upcoming Saakuru token sale, CoinLaunch decided to analyze the entire Saakuru crypto project and identified some pros and cons you need to consider before participating in the $SKR IDO:
✅ Saakuru’s Token Sale Pros:
📛 Saakuru’s Token Sale Cons:
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