AAG aims to revolutionize the blockchain space with the launch of its new Saakuru blockchain. Built on Oasys, Saakuru’s Layer 2 blockchain is set to advance new Web3 applications with speedy and gas-fee-free transactions.
Saakuru blockchain promises to make AAG’s MetaOne wallet more secure. It will also give developers increased access to on-chain activities. With this development, AAG is paving the way for a safer and more efficient way to develop Web3 infrastructure and store digital assets in wallets around the world. Read on to find out how.
Issues in Web3
Web3 has the potential to transform the internet, but it is currently plagued by several problems. A big issue is a lack of user experience and safety, leading many people to feel wary about entering this new space. With few applications that have real-world use cases outside of DeFi, discovering new projects can be difficult. AAG’s MetaOne wallet could be the perfect solution.
Moreover, even though gas fees are an essential part of blockchain technology, they can also pose a problem for users. A gas fee is a cost of processing a transaction, but the fee is often higher than what many users are willing to pay. Furthermore, a Web3 game that rewards gamers with NFTs could face huge costs if paying the gas fees each time a user mints one.
Finally, for Web3 technology to go mainstream, wallets need to be more accessible to the general population. For example, an NFT loyalty program may sound appealing to millions. However, the process of downloading a wallet, buying cryptocurrency, and then minting the NFTs may sound less appealing.
Does AAG Have a Solution?
AAG’s MetaOne Wallet claims to have a solution to these problems. The wallet offers users one place to manage crypto and NFTs, multiple blockchains, and no seed phrases.
According to Jack Vinijtrongjit, Co-Founder and CEO of AAG, “We believe that this paradigm shift will allow developers to create games and applications the way they are supposed to work — without having to work around the gas fees.”
He continued, “Onboarding will become much easier, meaning that people can enter web3 with less friction. They can purchase crypto when they want and not because they are forced to. Saakuru blockchain is just another piece of the puzzle and AAG will continue to innovate to bring about our mission of onboarding everyone to web3.”
So how is The Saakuru blockchain another piece of the puzzle?
Saakuru’s Success So Far
Saakuru is a relatively new platform, yet it has already made remarkable strides in terms of blockchain adoptions. The first project launched on the Saakuru blockchain was GOGA. GOGA is a blockchain-based program focused on assisting millions of people in learning English.
Through gamification and an intriguing play-and-earn system, GOGA seeks to motivate millions of English learners from all over the globe.
Speaking about Saakuru and MetaOne wallet, Nam Nguyen, CEO of GOGA, said that “With the support of Saakuru blockchain and MetaOne® wallet, we are able to remove the friction from onboarding for traditional learners. Millions of users will be able to mint and trade NFTs and tokens easily and seamlessly enter web3.”
Saakuru is a Layer 2 blockchain built on Oasys – a blockchain solution mainly designed for game developers. It aims to provide a fast and cost-effective experience for users by incorporating both public L1 and private L2 blockchain technology.
Saakuru, being a permissioned chain, has a limited number of grants available for developers and only accepts high-quality projects with the aim to maintain a scam-free ecosystem.
AAG’s Mission – Educating and Onboarding the Masses
AAG is firm in the belief that instruction is a gateway to discovering web3’s unlimited potential. Furthermore, AAG is investigating the idea of ‘Learn-and-Earn’ with the goal of enabling economic opportunities through the Metaverse economy. Ambitiously, AAG has set itself the lofty goal of introducing 1 billion individuals into the thriving Web3 system by 2030! Stay tuned to follow their progress.