Avalanche-backed Fusion launches with $100M to boost blockchain adoption

Avalanche, Helix and Faculty Group launch Fusion, a $100 million initiative to build modular, sector-specific blockchain networks.

Avalanche, Helix and Faculty Group have launched Fusion, a new blockchain ecosystem aimed at driving real-world adoption through modular infrastructure tailored to specific industries.

Built on Avalanche, Fusion features a two-layer architecture that includes composers, customizable layer-1 networks and modules, which offer plug-and-play services like compute, identity and data oracles. 

The team said this approach would be the answer for mainstream adoption, as they attempt to deliver “outcome-driven, domain-specific” blockchain-based economies. 

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