Avalanche, Helix, and Faculty Group have jointly launched Fusion, a $100 – million – dollar initiative aimed at building modular, sector – specific blockchain networks. The goal is to promote the real – world application of blockchain technology through modular infrastructure tailored to specific industries.
Fusion is based on the Avalanche blockchain and features a two – layer architecture. It consists of composers, which are customizable layer – 1 networks, and modules that offer plug – and – play services such as computing, identity verification, and data oracles. The Fusion team believes this approach will be the key to mainstream adoption, as they strive to create “outcome – driven, domain – specific” blockchain – based economies.
The funds for this project come from existing Avalanche programs, including the Multiverse incentive program for accelerating the adoption of Avalanche subnets, the Retro 9000 grant program for rewarding developers who build infrastructure and tools, and the Infra Buidl and Infra Buidl AI programs for funding Avalanche – based projects.
A Fusion spokesperson said that the funds will be used to support the medium – term growth of the Fusion ecosystem, including composers, modules, and end – users. The team also expects composers and modules, the two building blocks of the protocol, to gain popularity in the next two to three years. In the first year, there will be five composers and nearly 100 modules, and this number is expected to more than double in the next two to three years.
This initiative is believed to strengthen Avalanche’s position as a blockchain that can deliver real – world business value. It is an important step forward for the development of the blockchain ecosystem, and it remains to be seen how Fusion will promote the large – scale adoption of blockchain technology in various industries in the future.
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