Avail, Long-Awaited Blockchain Project for 'Data Availability,' Launches Main Network
Summary
Avail, a blockchain "data availability" project spun out of Polygon, has raised $75 million and is launching its main network with a native token, AVAIL. It aims to efficiently store transactional data from blockchains, joining a competitive field including Celestia and NEAR Protocol's Nuffle Labs. Avail's network uses a decentralized validator set and the AVAIL token will be used for fees and network security.
