Avalanche launches Fusion plan to invest $100 million to build a modular industry blockchain network

Odaily News Avalanche, Helix and Faculty Group jointly launched a blockchain ecosystem called Fusion, which aims to promote blockchain applications in specific industries through modular infrastructure. The Fusion architecture includes "Composer" (customizable Layer 1 network) and "Module" (plug-and-play functional components such as computing, authentication and data oracles), aiming to achieve "outcome-oriented industry-specific blockchain economy".

It is reported that the project is funded by existing programs of the Avalanche community, including incentive and developer funding programs such as Multiverse, Retro9000, InfraBUIDL and InfraBUIDL AI, with a total amount of US$100 million. Fusion expects that in the next two to three years, the number of Composers and Modules will reach dozens and hundreds respectively. The program emphasizes economic incentives, network design and composability to achieve real-world business value. (Cointelegraph)