Overview

• Avail, a modular blockchain project, has secured $27 million in seed funding co-led by Peter Thiel's Founders Fund and Dragonfly.
• The project, which originated from Polygon, focuses on enhancing blockchain scalability through its 'Trinity' of core products: Data Availability (DA), Nexus, and Fusion Security.
• Avail's DA aims to support the scalability of Ethereum by providing a scalable data availability layer, crucial for the proliferation of rollups.
• Nexus, another core component, will serve as a permissionless verification hub to unify rollups, leveraging Avail DA as the root of trust.
• Fusion Security plans to enhance the ecosystem's security by integrating the native assets of mature blockchains like Bitcoin and Ethereum.