PraSaga Foundation

PraSaga Foundation is a non-profit blockchain organization building SagaChain, a layer-one blockchain that replaces smart contracts with programmable 'smart assets' - first-class objects that model real-world things directly on-chain. Founded in 2017 by Michael Holdmann and David Beberman, PraSaga pairs a natively sharded architecture with a hybrid Proof-of-Work/Proof-of-Stake consensus and a Python-based developer stack (SagaOS, SagaPython) to target the scalability, cost, and usability limits of first-generation chains. Its native SagaCoin uses a dynamic monetary policy aimed at stable purchasing power. A public development testnet went live in 2025.