PANews reported on May 20 that according to Cointelegraph, Avalanche, Helix and Faculty Group launched a new blockchain ecosystem, Fusion, a $100 million program that aims to promote real-world adoption through modular infrastructure tailored for specific industries. The ecosystem adopts a two-layer architecture: customizable Layer1 network "Composers" and "Modules" that provide plug-and-play services such as computing and identity authentication. A Fusion spokesperson said that 5 Composers and nearly 100 Modules will be launched in the first year, and it is expected to expand to dozens of Composers and hundreds of Modules in 2-3 years. Funding comes from Avalanche's existing plans, including the Multiverse subnet incentive plan and the Retro9000 developer funding plan. The plan emphasizes the shift from "block space sales" to "commercial value delivery", focusing on the layout of enterprise-level application scenarios such as financial instruments and digital identities.
Avalanche-backed Fusion launches with $100M to boost blockchain adoption
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