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Avail: The testnet has processed more than 100 million transactions, and the mainnet will be launched after a series of events

Avail, a modular blockchain project on Polygon, has deployed thousands of chains and processed over 100 million transactions on its testnet. Before the mainnet launch, Avail plans to launch a light client challenge, deploy the final testnet, optimize tools/infrastructure, prepare for production, close the Clash of Nodes incentivized testnet, finalize the validator set, integrate the Rollup stack, and release partners.

Polygon's modular blockchain project Avail completed a $27 million seed round of financing, led by Founders Fund and Dragonfly

Polygon modular blockchain project Avail announced the completion of a $27 million seed round financing, led by Founders Fund and Dragonfly. It is reported that Avail was spun off from Polygon in March 2023, led by Anurag Arjun, co-founder of Polygon. This round of financing will be used to develop three core products: its data availability solution (DA), Nexus, and Fusion.