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Saakuru Leads the Gasless Blockchain Revolution, Disrupting the Industry

Press Release • Apr 22, 2024

Saakuru 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.


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



The Saakuru Protocol 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.


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.


Saakuru has developed a public-permission, gas-less L2 blockchain powered by Oasys High-Speed Optimistic Rollups. The network's 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.


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:


  • Developer Layer—Also known as Saakuru Labs, this feature provides several products and services with proprietary business models. The system burns the token with 10% of the profit.
  • DeFi Layer — This feature is facilitated by Taffy DEX technology, and 0.005% of every fee collected from on-chain and cross-chain transactions throughout the Taffy DEX protocol is converted to SKR tokens and burned.
  • Governance Layer — SKR token holders can use their tokens to participate in the protocol’s governance model. Moreover, 5% of the tokens used to initiate the review process are burned.
  • Protection Layer — The SKR token is burned if the SKR token protection mechanism is triggered, and 3% of saved tokens will be burned.


The Saakuru team believes the protocol’s gas-less operations will drive quick and consistent adoption of the SKR token. Moreover, developers can stake their SKR tokens to refill their credit balances monthly and drive the ecosystem’s growth.


Another aspect that should increase demand for gas-less blockchain networks like Saakuru is the outdated properties of the currently available external wallet model. The Saakuru team believes developers and users will soon adopt the embeddable model, defined by increased security and numerous configurable features in any mobile app in one day. This type of wallet can provide a better, user-friendlier experience without reducing security.


The Saakuru protocol will also feature prebuilt, easy-to-launch modules for basic Web3 interoperability functions, such as smart contract event tracking and interaction APIs. It will also have an NFTs CRM and zkNFTs verification layer, allowing businesses to integrate Web3 technologies seamlessly into their operations.


About Saakuru


Saakuru takes a new, innovative approach to Web3 and proposes a blockchain that doesn't charge gas fees, maintains stability through top security practices, and fosters new projects, applications, and ideas. To this end, the team launched the Saakuru Developer Suite, a comprehensive toolset that includes libraries and APIs and enables developers to create applications faster.


The development team behind Saakuru has more than ten years of experience making Web2 products and six years of experience in Web3 applications, both from the developer's and business sides. Their experience enabled them to discover the primary issues of decentralized production that prevented them from reaching mainstream use.


Saakuru benefits from increasing support from the industry, including prominent educators on blockchain technology, such as Ivan on Tech, an angel investor in the Saakuru Protocol.


Saakuru will soon launch its much-anticipated SKR token, so follow the project’s website for more info and updates.


You can learn more about Saakuru at these links: X (Twitter) Telegram LinkedIn Medium YouTube

You can contact Saakuru at partnership@saakuru.com


Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.  
By Press Release 01 May, 2024
World of Dypians (WOD) - an immersive, revolutionary MMORPG available on Epic Games, is on an exclusive list of top-tier projects participating in BNB Chain’s Airdrop Alliance Program, chapter 2. The metaverse platform announced it offers up to 1,000,000 WOD tokens and $225,000 in Premium Subscriptions as rewards for eligible users across all its 4 campaigns, which are spread across May and June.  What is the Airdrop Alliance Program on the BNB Chain? BNB Chain has started the Airdrop Alliance Program in collaboration with handpicked, high-profile projects to conduct airdrops for retroactive users on the Binance Smart Chain (BSC) and its parallel chain, opBNB. The program aims to connect top projects that have yet to issue tokens with the broad BNB Chain community, which has the opportunity to earn more rewards by participating in these projects' campaigns. The first chapter of the Airdrop Alliance Program concluded in April and saw the distribution of 6.1 billion points and 6.9 million tokens to the BNB Chain community. The organizers estimate that over 500,000 users have participated in the event so far. Moreover, their ranks are bound to grow during the second chapter, increasing the overall value of rewards. The BNB Chain Core Development Team said : “The second chapter of the Airdrop Alliance has a core objective of enhancing community engagement and expressing gratitude to the BNB Chain community for their support towards BSC and opBNB. After the success of the first batch, we look forward to working with leading ecosystem projects to launch chapter 2." BNB Chain recently announced the start of the second chapter of its Airdrop Alliance Program with the eligibility criteria: Level 1: Users must migrate at least 1 BNB from the Beacon Chain to BSC using this Stake Migration tool or stake at least 1 BNB on BSC. Only a snapshot taken on May 15, 2024, at 00:00 UTC, will be considered valid. Level 2: Stake at least 5 BNB on BSC. Similarly, the snapshot should be May 15, 2024, at 00:00 UTC. Participants can read more about the rules and join the BNB Chain Airdrop Alliance Program here . The partnership between the BNB Chain and projects like World of Dypians participating in the Airdrop Alliance Program fosters active engagement within the BNB Chain community. More importantly, it helps projects build awareness and support ahead of their token generation events (TGE). World of Dypians Campaigns within the Airdrop Alliance Program World of Dypians is proud to be part of the 7 projects within Chapter 2 of the Airdrop Alliance Program. To this end, it designed 4 campaigns between May and June that engage users with fun and unique tasks, giving them the chance to win WOD tokens and premium subscriptions worth up to $100 each. The first campaign begins on May 1, with the last one ending on June 28. Regarding BNB Chain retroactive users, the project will allocate 100,000 WOD Tokens for Level 1 and another 100,000 WOD Tokens for Level 2. The rewards will be distributed around the TGE event. The eligibility rules for the 4 World of Dypians campaigns are as follows: 1. Entry Campaign: May 1— May 15 Participants can join the campaign here , where they must complete these 2 tasks: Create a game account on World of Dypians. Open at least 1 in-game Daily Bonus Chest. All participants completing these tasks will be eligible to win a share of the 100,000 WOD Tokens prize pool, and the number of winners will be unlimited. The Daily Bonus is available on BNB Chain & opBNB. Users need to sign the transaction to open the chest on the daily bonus section in the My Account section on their WOD dashboards. The rewards will be distributed around the TGE event. 2. Daily Game Delight: May 15 — May 29 Participants can join the campaign here , where they must complete these 2 tasks: Login or create a game account on World of Dypians. Open at least 5 in-game Daily Bonus Chests. The Daily Bonus Chests allow participants to win a share of the 150,000 WOD Tokens and 500 premium subscriptions worth $100 each. The project will organize a raffle to determine the winners, specifying that the winners of the token giveaway will not be the same as the winners of the premium subscription. The winners will be announced 15 days after the event ends, and the rewards will be distributed around the TGE event. 3. Dypians Discovery Quest: May 29 — June 12 Participants must complete these 2 tasks: Login or create a game account on World of Dypians. Open at least 10 in-game Daily Bonus Chests. Participants who complete these two tasks qualify for the 200,000 WOD Tokens and 750 premium subscriptions worth $100 each in the prize pool. The project confirmed that 750 WOD token winners and 750 premium subscription winners will be selected through a raffle. Similar to the second campaign, the token giveaway winners will not be the same as the premium subscription winners. The winners will be announced 15 days after the event ends, and the rewards will be distributed around the TGE event. 4. BNB Chain Game Expedition: June 12 — June 28 The last WOD campaign engages participants with 4 tasks: Login or create a game account on World of Dypians. Mint one BNB Chain Beta Pass NFT to gain exclusive access to the game. Download World of Dypians on Epic Games. Participate at least once in the BNB Chain Treasure Hunt event. Participants completing these tasks will be eligible to win a share of the 350,000 WOD Tokens and 1,000 premium subscriptions worth $100 in each prize pool. There will be 1,000 WOD token winners, and 1,000 premium subscription winners selected through a raffle. The winners of the token giveaway will not be the same as the winners of the premium subscription. Winners will be announced 15 days after the event ends, and the rewards will be distributed around the TGE event. About World of Dypians World of Dypians (WOD) is an MMORPG designed by Dypius that features advanced AI, cutting-edge graphics, and immersive gameplay. The game occurs in a virtual world that abounds in engaging quests and adventures. This AI-powered virtual universe also hosts some of the biggest brands in crypto, including the BNB Chain area. Participants in the BNB Chain Airdrop Alliance Program should visit it, especially when trying to win a share of the WOD campaign 4 rewards. World of Dypians can be downloaded from the Epic Games Store. It is compatible with Windows OS and available as a desktop application, so users only require a PC or laptop to download and play it. World of Dypians invites all gamers and crypto enthusiasts to join its campaigns within the BNB Chain Airdrop Alliance Program and qualify for a chance to win exciting rewards. The game's first out of four campaigns begins on May 1, and participants can learn how to create an account here . World of Dypians has a dedicated area where participants can join the BNB Chain Airdrop Alliance Program here . You can learn more about World of Dypians at these links: Website | Twitter | Discord | Telegram | GitHub | YouTube | Download on Epic Games |
By Press Release 30 Apr, 2024
The MAOCAT team recently launched the presale phase for their cat-based memecoin, a total debut on the Ethereum blockchain. Feline crypto enthusiasts now have a golden opportunity to join this cool new project.  After years of dog-themed memes market domination, MAOCAT wants to shake things up and give cats the spotlight they deserve. Becoming a proud MAOCAT holder is as easy as connecting a hot wallet and purchasing tokens on the presale page. A Golden Opportunity for Feline Crypto Fans The MAOCAT's presale presents a new opportunity for feline crypto enthusiasts. The operation has already managed to sell over half of its planned tokens. This leaves an exciting prospect for investors to purchase the remaining MAOCAT tokens. In Phase 1, the starting price of the token is $0.0015, but it will gradually increase to $0.003, phase after phase. With a total supply of 5,000,000,000 tokens, the presale allocation is 60% of this amount. In terms of taxation structure, the MAOCAT project has a clear system in place. With a 3% marketing tax, 3% LP tax, and 2% development tax, there are no buy and sell taxes. In terms of rewards, users can benefit from staking rewards, NFT token compensation, governance participation, and transaction fee payments. It is also worth mentioning that the project features four pillars within its ecosystem: An NFT collection of 10,000 unique MAO CAT NFTs An NFT marketplace on the Ethereum blockchain A decentralized exchange (DEX) called MAO SWAP for DeFi 2.0 solutions A gaming platform for users to enjoy and earn rewards using $MAO tokens In this context, MAO tokens will serve as the primary utility tokens for all these ecosystems. This means that MAO will effectively be the core asset for this community. How to Become a Proud MAOCAT Holder Buying MAO tokens is straightforward. To start, traders must have a compatible cryptocurrency wallet that supports ERC-20 tokens. MetaMask is a popular option. Once the wallet is ready, users can access the MAOCAT presale platform through its official website. Once on the platform, users must connect their wallets to enable transactions. From there, they can purchase MAOCAT tokens by selecting their desired amount and following the instructions to confirm the transaction. As the team's 3-stage roadmap shows, this project is only getting started. In short, the team will continue to launch various features and initiatives to develop the MAOCAT ecosystem further. This includes the launch of the Mao cat game, 10,000 NFTs, and an NFT marketplace on platforms like Opensea. About MAOCAT MAOCAT is a new Ethereum cat memecoin that is quickly gaining popularity. Thanks to its ecosystem (featuring four subprojects), MAOCAT is drawing in an increasing number of holders. After a long list of successful dog-based memecoins, the team is launching cats into the spotlight on the Ethereum network. MAOCAT offers an advanced staking program where participants can earn rewards in $MAO tokens at a dynamic rate over time. This incentivizes holders to keep their tokens and encourages new users to join in and stake their tokens. The MAOCAT presale is ongoing and allows anyone with an ERC-20 wallet to participate. By reserving $MAO tokens through the purchase window, crypto fans can become early investors in this promising project. Anyone wishing to learn more about MAOCAT can easily refer to the project's website and whitepaper . The social pages at the bottom let users stay up-to-date on MAOCAT's news and developments. X (Twitter) | Telegram | Instagram | YouTube
By Press Release 30 Apr, 2024
Stooges , a community-driven memecoin on Solana, announced the upcoming presale for $STOG coins starting on May 10 on Pinksale. BitMart Exchange, a top-20 CEX, has already confirmed the coin’s upcoming listing, which should occur before its launch. The announcement sparked huge interest in the cryptocurrency community, with thousands of users on X, Reddit and telegram waiting for the pre-sale. Stooges is a new memecoin project on the Solana blockchain and draws inspiration from the 3 legendary TV characters, "The Three Stooges." However, the project takes aim at notorious figures in today's crypto world, satirically putting Sam Bankman-Fried (former CEO of FTX) and Changpeng Zhao (former CEO of Binance) as Assets Manager and Legal Officer, respectively. This parodical approach is an evident dig at the two executives - Zhao, who is investigated for not complying with anti-money laundering policies, and Bankman-Fried, who was sentenced to 25 years in prison for the securities fraud conspiracy that bankrupted FTX and a related hedge fund. The STOG coin has no utility. It is led by a "useless team" and is on a mission to mock the crypto business industry while making "the meme culture great again." The team invites memecoin enthusiasts to buy, sell, and share the community-centered memecoin. $STOG will have a total supply of 3.000.000.000 coins distributed as follows: 45% Presale 25% Liquidity 15% Marketing 10% CEX Listing 5% Airdrop Before the presale for STOG on Pinksale, Stooges underwent a contract audit from SolidProof, one of the industry's top auditors. The audit report confirms the project’s reliability while providing a comprehensive security analysis. Following the coin’s presale, the project will lock 60% of the provided liquidity for 1 year. Additionally, the project announced an $STOG airdrop awarding 5% of STOG's supply to its community, specifically to “those who complete and contribute the most to the project and the meme culture.” The STOG airdrop engages users and memecoin lovers in a competition that will reward the 200 people most actively spreading the word about the project. Contestants must follow Stooges on social media and create memes in image, video, or audio formats focusing on the Stooges. The competition will end on June 20, when the winners will receive STOG coins directly into their wallets. About Stooges Stooges launched in Q2 of 2024 and has already completed several of its first roadmap objectives, such as creating the website, deploying and auditing the STOG token, and launching its marketing campaign. The upcoming $STOG listing on BitMart and token presale are essential milestones in the project's development, which aims to increase its brand awareness. Moreover, the airdrop competition should help attract a broader community of memecoin collectors and crypto enthusiasts. The Stooges team has more plans for the future, including further CEX listings, an exclusive NFT collection, and launching on the Raydium platform. You can learn more about Stooges at these links: Website | X (Twitter) | Telegram | Instagram You can contact Stooges at contact@stooges.io
By Press Release 29 Apr, 2024
Highlights: Public Meme Token transformed into the Public Masterpiece Token shedding its gimmick to unveil curated well-thought Real World Asset (RWA) tokenization ambitions. PMT was launched in January 2024 after 6 years of research and development and currently sits at a fully diluted valuation of just under $12 million Renowned Brazilian artist Romulo Kuranyi launched his artwork of German cycling legend Jan Ullrich's life as a Public Masterpiece at the event PMT’s first drop of RWA’s which sold in under 48hours was a collaboration with renowned artist Rocketbyz and the first piece of the collection currently belongs to American singer and songwriter Jason Derulo Moreno Pisano, the Italian designer famed for his diamond chair will be adding his masterpieces to the PMT collection
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