Avail, a modular blockchain initiative, has announced a leap forward with a $27 million seed funding round co-led by Peter Thiel’s Founders Fund and Dragonfly. Emerging from the innovative ecosystem of Polygon, Avail has attracted a diverse group of investors, including SevenX Ventures, Figment Capital, and Nomad Capital, signaling a vote of confidence in its vision for blockchain scalability.

Revolutionizing Scalability and Security

At its core, Avail aims to solve the pressing challenges of blockchain scalability through its innovative approach to rollups. These rollups, crucial for offloading computational loads off-chain, are central to Avail’s strategy to enhance performance and efficiency.

The day is here! We’re unfolding the cards!

Avail raises $27m, led by @foundersfund and @dragonfly_xyz to accelerate the unification of web3!

With this, we’ll build the Avail trinity – a three-phase roadmap aimed at unifying multiple ecosystems in web3.

Consisting:

• Avail… pic.twitter.com/DbmuNdoPKz

— Avail | ✈️ ETH Denver (@AvailProject) February 26, 2024

Through its unique offerings, Avail DA, Nexus, and Fusion Security, it seeks to provide a comprehensive solution that addresses data availability, unifies rollups for seamless integration, and strengthens ecosystem security. 

As Avail gears up for its mainnet launch and continues to expand its team, the excitement within the tech community is palpable. With its eyes set on redefining the blockchain landscape, Avail represents a beacon of innovation, promising to unlock new levels of scalability and security in the digital world.

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