Avail: The Backbone Of Unified Web3 Ecosystem
- Avail unifies Web3 with a modular tech stack for scalability, interoperability, and security.
- Avail enhances cross-ecosystem transactions and user onboarding in a decentralized manner.
- Avail's AVAIL token secures the network and incentivizes community participation.
Avail: Unifying Web3 With Cutting-Edge Technology
Web3 has unleashed a wave of groundbreaking technologies, transforming the digital landscape. However, the ecosystem faces challenges in scaling for mass adoption. Cross-ecosystem transactions are cumbersome, and user adoption efforts need to focus on onboarding new users. A unified layer is essential to bring these technologies together, operating cohesively while staying true to decentralization. This is where Avail steps in aiming to unify Web3 with its cutting-edge modular technology stack.
Avail
Avail is at the forefront of accelerating Web3 unification. It offers a modular technology stack that combines data availability, aggregation, and shared security. By building out its Unification Layer, Avail provides a robust infrastructure designed to anchor the entire Web3 ecosystem. This unifying tech stack consists of three primary layers: Data Availability (DA), Nexus, and Fusion.
Vision and Mission of Avail
Avail's vision is to create a cohesive and unified user experience within a flexible and modular blockchain ecosystem. Drawing lessons from Web2, Avail innovates in Web3 by not just building a product, but pioneering a new category in the blockchain space. The mission is to bridge gaps between various blockchain ecosystems, ensuring interoperability and cooperation among diverse networks. This approach aims to enhance user experience and foster a more integrated and efficient blockchain ecosystem.
Purpose of Avail
Avail addresses the fragmentation in the Web3 ecosystem by providing a unifying layer. This layer ensures that different technologies can operate together seamlessly, maintaining the decentralized ethos. Avail aims to streamline cross-ecosystem transactions and focus on onboarding new users rather than pulling them between existing communities. By offering a modular and scalable platform, Avail aims to unify Web3, enhancing scalability, interoperability, and security.
Phases of Avail
Avail DA
A validity-proven data availability layer unifying Web3, designed for next-generation, trust-minimized applications, and sovereign rollups. It allows light clients to easily verify data availability through sampling over a peer-to-peer network.
Avail Nexus
A permissionless framework to unify the Web3 ecosystem. Nexus connects multiple blockchains, leveraging Avail DA as the root of trust, and provides a zero-knowledge proof-based coordination rollup on Avail DA.
Avail Fusion
Completes the Avail unification layer by providing additive security. Fusion enables native assets from other major ecosystems like Bitcoin and Ethereum to be staked alongside Avail's native assets, leveraging existing mature assets to bolster its crypto-economic security.
Benefits of Avail
Avail enhances scalability, improves interoperability, and has robust data availability. It is cost-effective as well as superior additive security with Fusion. Avail has modular and flexible architecture along with expandable Blockspace. It provides community-centric Token allocation, validity proofs, and also Erasure Coding
AVAIL Listings
The AVAIL token is integral to the Avail ecosystem. With a total supply of 10 billion tokens, the AVAIL token plays a crucial role in maintaining the network's security and incentivizing community participation. The token allocation is designed with long-term growth in mind, dedicating over 65% to the community through various initiatives, ecosystem development, and research.
AVAIL on Ethereum
When bridged from Avail DA to Ethereum mainnet, users receive minted Avail ERC20 tokens. This bridging process ensures that AVAIL tokens can be used within the Ethereum ecosystem, enhancing liquidity and utility.
Conclusion
Avail is poised to transform the Web3 landscape by providing a unifying layer that enhances scalability, interoperability, and security. With its modular technology stack, Avail addresses the challenges of fragmentation and cumbersome transactions, aiming to create a cohesive and efficient blockchain ecosystem. By bridging gaps between various ecosystems and fostering cooperation, Avail paves the way for a more integrated and user-friendly Web3 future.
