Saakuru Leads the Gasless Blockchain Revolution, Disrupting the Industry

Press Release • April 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.  

MNEE Stablecoin Now Available on HandCash: Unlocking Instant Transactions with No Gas Token Required

By press release • May 6, 2025
MNEE, an instant USD-backed stablecoin, is now live on HandCash , a leading wallet powering game economies and in-app transactions. This integration marks an advancement in the accessibility and real-world utility of stablecoins, especially for micropayment use cases. The integration allows HandCash users to hold, spend, and receive MNEE directly within the HandCash wallet without needing to manage gas tokens, private keys, or deal with blockchain complexity. Consumers and developers gain a frictionless payment method that settles instantly, with transaction costs as low as one-tenth of a cent - making it ideal for microtransactions, tipping, and in-app purchases. “This integration unlocks new possibilities for game developers building in-game economies, and real-time micropayments. It’s plug-and-play stablecoin utility,” said HandCash CEO Rafa Jiménez. HandCash’s mobile wallet and Connect SDK allow games and platforms to integrate seamless payments, and token economies with minimal effort. MNEE strengthens this ecosystem by providing a fully collateralized, regulated, and scalable stablecoin tailored for modern digital economies. For MNEE , the HandCash launch opens direct access to a global community of users and developers already building next-generation apps — from tipping streamers to trading game items and earning tokenized rewards. Users can now transact with a stable, instant, and user-friendly digital currency. “This partnership is a clear win for both developers and users,” said Harbind Likhari, Executive Director at MNEE. “It delivers on everything a stablecoin should be — fast, affordable, and simple — while unlocking real-world use across games, social apps, and digital commerce.” The integration between MNEE and HandCash sets the stage for a new era in digital payments — one where speed, compliance, and ease of use come together to power stablecoin adoption in everyday life. About MNEE MNEE is a USD-backed stablecoin enabling instant, scalable payments that cost next to nothing, and simple usage with no gas token required. Built on the 1Sat Ordinals protocol and ERC-20, MNEE’s commitment to building the future of money focuses on delivering secure, efficient payment solutions that cost next to nothing across a wide range of industries and platforms. Media Contact press@mnee.io www.mnee.io 

PeerGame Introduces Seamless Crypto Transactions with WalletConnect Integration

By press release • May 6, 2025
Leading cryptocurrency gaming company PeerGame has announced the launch of its new cashier system - its platform will now be integrated with WalletConnect for seamless, secure, and fast crypto transactions. The investment in this integration removes intermediaries, offering players a more efficient and user-controlled payment process, with direct wallet deposits and withdrawals for quicker transactions, and further bolstering PeerGame’s security and privacy offerings. WalletConnect is a feature that enables players to connect their wallets to the platform seamlessly, enabling crypto transactions without centralised payment solutions. This enhances security and privacy, as transactions are made directly from users' wallets, reducing the risks of third-party custodians and increasing transparency through blockchain’s trustless principles. This innovative partnership highlights PeerGame’s commitment to decentralised payments, providing players with greater control over their funds and enabling instant, secure transactions. By integrating WalletConnect, PeerGame delivers a future-focused solution, ensuring a more efficient and user-friendly payment experience in the Web3 gaming sector. Margie Dobrowolski, Project Lead at PeerGame, commented: "This new integration with WalletConnect offers our players a unique advantage, allowing them to perform seamless crypto transactions directly from their wallets. While other platforms may offer similar features, PeerGame’s integration is a true innovation in the Web3 gaming space, enhancing the overall gaming experience and setting us apart as pioneers in the industry." For more information about PeerGame visit https://peergame.com/ . About PeerGame PeerGame is transforming the Web3 gaming experience by integrating WalletConnect, enabling seamless, secure, and decentralised crypto transactions, giving players greater control over their funds. 

PeerGame Launches Seamless Wallet Integration with HandCash

By press release • May 6, 2025
Leading cryptocurrency gaming company PeerGame has announced its exclusive integration with HandCash, which enables players to connect their crypto wallets and begin playing quickly and easily. HandCash is a digital wallet designed for seamless management of Bitcoin Satoshi Vision (BSV) and other digital assets. It allows users to make quick, secure transactions, store tokens, and interact with decentralised applications, all through a user-friendly interface. The integration with the PeerGame platform means no lengthy sign-up process is needed, and players can immediately enjoy PeerGame’s wide range of games. By streamlining the process, the platform ensures a frictionless entry into the gaming world. This innovative partnership emphasises PeerGame’s commitment to offering a smooth, user-centric experience that puts control in the hands of the player. This is an example of one of the easiest and fastest ways to start playing, enhancing both convenience and speed for all players. BSV Blockchain’s fast transactions and low fees play a key role in this, providing instant deposits and withdrawals that further improve the overall experience. Transactions are seamless, ensuring that players retain full control of their funds at all times while offering greater security and transparency. Margie Dobrowolski, Project Lead at PeerGame, commented: “This is an exciting new prospect for our clients as they will be able to instantly connect their wallets and begin playing, bypassing the traditional and lengthy account registration process. The unique wallet connection and integration with HandCash is exclusive to PeerGame, making it a standout feature within the iGaming industry. While other services may utilise the same connection, none integrate it within the gaming sector in the same way.” For more information about PeerGame visit https://peergame.com/ . About PeerGame PeerGame is a leading technology company that aims to revolutionise Casino 2.0, leveraging the power of Bitcoin SV to build a frictionless, fast and easy-to-use gaming platform. 

BitUtility Launches Peacock NFT to Unlock Zero-Fee Crypto Payments Worldwide

By press release • May 6, 2025
BitUtility has officially launched its initial utility NFT, labeled "Peacock." The team proposes a way to tear down the hassle wall standing between users’ crypto wallets and their monthly bills. Rather than wasting time on bridges/exchanges and having to deal with relevant fees, BitUtility brings its one-click system to the market. Any bill (from electricity to phone, and even rent) can be paid with crypto in a matter of a few seconds with BitUtility. This change is coming together with the launch of the limited Peacock NFT, which will serve as a badge for the Web3 fans powering the BitUility community. In fact, token holders will forever pay 0% fees, get early-bird access to new features, and have a say in the project’s roadmap through shared governance. Moreover, the NFT supply is capped, and the fee savings compound over time. This is a system designed to increase the value of each token as the project grows. A Global Payment Layer for Web3 Income BitUtility operates as a decentralized payment protocol. It connects to thousands of service providers globally, such as: Electricity, gas, and water bills (more generally, utility bills) Mobile plans and top-ups Rent, insurance, and financial services Flight bookings, accommodation arrangements, eSIMs, Gift cards to large international brands Government services in supported jurisdictions Payments come in through supported crypto wallets only. Peacock NFT holders pay no platform fees, ever. The team believes that paying bills with crypto should not be a maze of middlemen and hidden fees. BitUtility turns this mechanism into a quick and low-cost click. With limited Peacock NFT supply and 0% holder fees, the team is aiming to give real utility to its community. It will also be possible to simply resell the NFT later, combining today’s utility of owning the token with tomorrow’s market value. Designed for Crypto Earners, Not Speculators The Peacock NFT was created for freelancers, DAO contributors, and remote workers who earn income in crypto. It offers lifetime access to zero-fee payments and also includes: Airdrops from the upcoming BitUtility governance token Access to staking rewards and protocol-based income Voting rights on platform upgrades and integrations Early access to new features and partner programs Supply is permanently capped at 4,900 NFTs. Ownership grants ongoing benefits as the platform expands. Economic Utility, Not Hype The Peacock NFT was not created with speculation in mind. Its utility is linked to platform use. Holder rewards and protocol incentives accrue proportionally with increasing services and adoption. The main strength of this NFT is that it aims to bring a definite economic purpose. In fact, Peacock NFT lowers expenses of crypto-based living and connects long-term value to actual financial activity. BitUtility addresses typical problems of the crypto-native economy. These problems include cross-border remittances, expensive transfer fees, and limited merchant acceptance. The site eliminates friction by making any crypto wallet a global payment gateway. Transactions are instant and remain fully on-chain. For those living in crypto, it presents a working replacement to fiat bank systems. Community Governance and Early Access BitUtility users are shaping upcoming product integrations and governance of the platform. HODLers of the Peacock NFT are at the forefront in directing the same. Throughout BitUtility’s Telegram channel, Discord channel, and X (Twitter) space, the wheels of discussion have been set in motion. Minting of the Peacock NFT will soon be live. Anyone interested can join the project community and apply for the whitelist. About BitUtility BitUtility is a Web3 utility payments platform built to make everyday life truly crypto-native. Instead of shuffling coins through bridges, swaps, banks, and hidden 5–10 % fees, BitUtility lets users pay any utility bill (electricity, rent, phone, groceries) in one direct click from their wallet. The protocol handles the behind‑the‑scenes conversions, so users stay entirely on‑chain while merchants still receive local currency. Early supporters can mint the limited Peacock NFT, which locks in 0% lifetime fees, earns a share of protocol revenues, and gives holders voting power over new services. As more people choose BitUtility to skip fees and complexity, demand for fee‑free Peacock passes rises too. The system turns an everyday cost‑saver into an asset that can grow and be resold, effectively letting users own a piece of the payment rail they use. Anyone wishing to find out more about BitUtility and its new NFT collection can visit the project's website . The social pages below are also a valid way to keep in touch with the team and follow BitUtility’s news. X (Twitter) | Telegram 
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