Avail, a modular blockchain project, establishes a foundation.

Golden Finance reported that the modular blockchain project Avail announced the establishment of a foundation in Switzerland and gradually transferred all the IP related to the Avail protocol (including Avail DA, Avail Nexus, Avail Fusion, etc.) to the Avail Foundation. The initial focus of the Avail Foundation is to cultivate and develop an ecosystem around the Avail protocol, with primary initiatives including funding, development and research, as well as education, adoption, and community engagement, aiming to help Avail become a leader in blockchain scalability and interoperability, while ensuring that everyone can enjoy the benefits of the ecosystem.