In the rapidly evolving landscape of blockchain technology, Avail emerges as a groundbreaking infrastructure layer designed to unify and scale modular execution layers in a trust-minimized manner. By addressing critical challenges such as data availability and cross-chain interoperability, Avail aims to accelerate the unification of Web3 ecosystems.
Project Overview
Avail is a Web3 infrastructure layer that allows modular execution layers to scale and interoperate in a trust-minimized way. Its core components include Avail DA, Nexus, and Fusion Security, each addressing specific aspects of blockchain scalability and interoperability.
Avail DA serves as a powerful base layer for next-generation trust-minimized applications, providing abundant blobspace for rollup builders and forming the foundation for a multitude of rollups to create a thriving ecosystem.
Nexus is a permissionless verification hub designed to unify rollups and chains, leveraging Avail DA as the root of trust. It addresses rollup fragmentation by enabling cross-chain composability and responsive asynchronous messaging.
Fusion Security aims to provide strong, shared economic security, enabling fair and additive crypto-economic security across the unified layer.
Tokenomics
As of January 2025, Avail's native token, AVAIL, is trading at approximately $0.108, with a market capitalization of $208.1 million. The total supply of AVAIL tokens is 10.27 billion. The project has successfully raised a total of $70 million across multiple funding rounds, including a $27 million seed round in February 2024 and a $43 million Series A round in June 2024. (cryptorank.io)
Underlying Technology
Avail employs a modular blockchain architecture that separates core operations—such as execution, settlement, ordering, and data availability—into distinct layers. This approach enhances scalability and flexibility. Key technological features include:
- Data Blob Indexing: Simplifies data indexing by associating transaction data with specific application IDs.
- Erasure Encoding: Enhances data resilience by adding redundancy, making it more challenging for nodes to withhold information.
- KZG Polynomial Commitments: Ensures data presence in the block header, providing cryptographic guarantees of data availability.
- Decentralized Network of Validators: Targets a network of up to 1,000 external validators to minimize centralization risks.
- Validity Proofs: Enables light clients to instantly confirm state correctness and data availability upon finalization.
These features collectively ensure high data availability and robust security, forming the cornerstone of Avail's infrastructure. (docs.availproject.org)
Supported Networks
Avail is designed to be network-agnostic, serving as a unification layer that enables modular execution layers to scale and interoperate across various blockchain ecosystems. By providing a trust-minimized data availability layer, Avail facilitates seamless integration and communication between disparate networks, fostering a more cohesive Web3 environment.
Market Status
The AVAIL token is currently trading at approximately $0.108, with a total market capitalization of $208.1 million. The token's value reflects the project's growth and the increasing recognition of its role in unifying Web3 ecosystems. (cryptorank.io)
Investors
Avail has garnered significant investment from notable venture capitalists and industry leaders. The $27 million seed round in February 2024 was led by Founders Fund and Dragonfly, with participation from SevenX, Figment, Nomad Capital, and several angel investors. In June 2024, Avail raised an additional $43 million in a Series A round, further accelerating its development efforts. (blog.availproject.org)
Development Status
As of January 2025, Avail DA Mainnet is live, marking a significant milestone in the project's roadmap. The team is actively working on the subsequent phases, including Nexus and Fusion Security, to further enhance cross-chain interoperability and shared economic security. The project's open-source nature encourages community collaboration, with comprehensive developer documentation available to support ongoing development.
Technological Innovation and Potential
Avail's modular approach addresses critical challenges in the blockchain space, such as scalability, data availability, and cross-chain interoperability. By providing a trust-minimized unification layer, Avail enables diverse blockchain ecosystems to scale and interoperate seamlessly. This positions Avail as a pivotal infrastructure layer in the evolution of Web3, fostering innovation and collaboration across the decentralized landscape.
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