Protocol Village: Saga, Layer-1 Chain for Launching Layer 1s, Is Launching

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Protocol Village: Saga, Layer-1 Chain for Launching Layer 1s, Is Launching
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Bradley Keoun is the managing editor of CoinDesk's Tech & Protocols team. He owns less than $1,000 each of several cryptocurrencies.

, a layer-1 blockchain protocol to launch layer 1s"for infinite horizontal scalability," launched its mainnet on Tuesday, according to the team:"Utilizing an innovative blend of shared security, precise validator orchestration tools and a seamless automated deployment pipeline, Saga simplifies the process for devs to launch their own dedicated blockchains, termed Chainlets. Saga launches with a network of 350 projects , including notable projects Com2uS & MarbleX.

, is joining forces with Aptos Labs, aiming to"leverage the unparalleled safety, speed, and performance of the Aptos network to support its AI products and innovations," according to the team:"and Aptos Labs will also collaborate on a suite of future AI models and inference products o be released on the Aptos network. Future products in the suite will use the Aptos network to support payments and make AI tech more accessible.

. The investment was led by Archetype and included participation from Accomplice and Robot Ventures. Now Polychain has put a ribbon on the funding round. In an email to CoinDesk, it declined to disclose the exact amount invested., according to the team:"Led by Paradigm with participation from Electric Capital, the funding will accelerate Ellipsis Labs’ efforts to build DeFi products that can rival the performance of traditional finance.

:"Developers and users can build and access information through AGI models in a cost-effective and scalable way. AGI tools like Stable Diffusion and Llama 2 can be used to generate images, audio, video, interactions. Manta Network offers the largest modular L2 ecosystem to deploy AI apps to a large base of users, and Celestia powers data availability for high-performance AI apps." and SPEILLLP, a member of Susquehanna International Group.

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