The Saga Foundation, based in Switzerland, announces on March 22 its mission to create Saga (SGA), the first non-anonymous blockchain-based digital currency. The currency is designed with a tamed volatility mechanism. These characteristics can set the ground for the currency to become a store of value and a medium of exchange. The Saga Foundation is not conducting an ICO. Saga Foundation is headquartered in Switzerland, and is governed by Swiss law and regulations, including the rules of the Supervisory Authority of Swiss Foundations ESA and the Financial Market Supervisory Authority FINMA.