Avalanche, Helix and Faculty Group have launched Fusion, a new blockchain ecosystem that aims to drive real-world adoption through modular infrastructure consistent with specific industries.
Built in Avalanche, Fusion features a two-layer architecture that includes composers, customizable layer-1 networks and modules, which offer plug-and-play services such as compute, identification and oracle data.
The team said this method was the answer for the basic adoption, as they were trying to deliver the “outcome of the outcome, specific domain” Blockchain-based economies.
“In order to achieve widespread adoption, our industry has to move from the sale of blockspace to deliver the value of the business,” a fusion spokesman told cointelegraph. They added that fusion combines economic alignment, network design and composability to achieve real-world results.
Fusion expects traction to develop composer and module
The fusion team expects composers and modules – the two building blocks for the protocol – to get traction over the next two to three years.
The cointelegraph spokesman told them that they were starting five composers and nearly 100 modules in the first year. The team expects this to be more than double in the next two to three years.
“Due to how the ecosystem was designed, in two to three years we expect the fusion ecosystem to be made up of ten -ten composers and hundreds of modules,” the spokesman said.
Fusion architecture is designed to let web3 businesses and builders combine technology, financial tools, and identity features in ways previously unavailable, the speaker added.
“Fusion is an initiative led by the avalanche community that is only technological in avalanche,” said the spokesman, claiming that the initiative reinforces Avalanche’s position as a blockchain that delivers the value of business to the world.
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$ 100 million funds from existing avalanche programs
The project is funded by resources allocated to existing avalanche programs. According to Fusion’s announcement, the funds will come from the Avalanche Multivity, an incentive program to accelerate the adoption of avalanche subnets, and Retro9000, a reward program to reward developers who build infrastructure and tools.
Fusion also uses funds from Infrabuidl and Infrabuidl AI, programs designed to fund avalanche -based projects.
“The funds will be shared to support the medium-term growth of the fusion ecosystem, including composers, modules and end-users,” the spokesman told the cointelegraph.
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