🔺 Avalanche launches Fusion: $100 million for the development of specialized blockchain networks.
↔️ Avalanche, in partnership with Helix and Faculty Group, introduced Fusion — an ecosystem with $100 million in funding aimed at creating modular blockchain networks for specific industries. The two-tier architecture of Fusion includes "composers" (customizable L1 networks) and modules (plug-in services), allowing developers to create business-oriented solutions. Funding will come from existing Avalanche programs, and in the first year, the launch of 5 composers and around 100 modules is planned with the goal of significantly expanding the ecosystem in the next 2-3 years.
‼️ Meanwhile, Microsoft integrated the Space and Time (SXT) platform into its analytics service Fabric, providing developers access to Bitcoin, Ethereum, and Sui data in real-time through Microsoft Azure OneLake cloud storage.
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