What is Avail (AVAIL)

1. Project Introduction
Avail (native token: AVAIL) is a modular blockchain designed with a focus on data availability. Launched by Polygon, it operates within the Ethereum (ETH) ecosystem. Its goal is to boost blockchain scalability and enhance liquidity by optimizing the storage of transaction data. Similar to Celestia, Avail aims to deliver scalable data availability and consensus layers for both Rollups and Layer 1 solutions.
Avail focuses on the sequencing and recording of blockchain transactions at a technical level. By utilizing lightweight node verification, it can confirm the availability of block data without requiring the entire block to be downloaded. This approach addresses the scalability limitations inherent in traditional monolithic blockchains.
Summary: Modular blockchains represent a major advancement in enhancing blockchain efficiency, significantly reducing development costs and transaction fees for Layer 2 solutions and sidechains. In recent years, modular blockchains have also become a popular narrative in the industry. Avail adheres to a modular approach and the principle of using light clients to maintain network decentralization. This reduces entry barriers for ordinary users, making it a noteworthy development in the market.
2. Team & Investment Info
Avail's founder, Anurag Arjun, and co-founders Prabal Banerjee and Mohit Bansal, along with other core members, all come from the Polygon team.
Avail has secured $75 million in funding, with $27 million from the seed round and $43 million from Series A. Key investors include Founders Fund, Foresight Ventures, HashKey Capital, Dragonfly, and Cyber Fund.
Avail has announced a partnership with StarkWare to deliver data availability services for its application chains. The project also plans to integrate with networks including Arbitrum, Optimism, Polygon, and ZKsync in the future.
3. Social Media URLs
X: https://x.com/AvailProject
Telegram: https://t.me/AvailCommunity
Linkedin: https://www.linkedin.com/company/availproject/
4. Related Links
Official Website: https://www.availproject.org/
Github: https://github.com/availproject/avail
Contract Address: https://etherscan.io/token/0xeeb4d8400aeefafc1b2953e0094134a887c76bd8
Other Info: https://www.rootdata.com/zh/Projects/detail/Avail?k=NDQ0Mg%3D%3I