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The AVAIL Token is Now Live on Mainnet

The AVAIL Token is Now Live on Mainnet

Avail Blog2024/07/29 06:59
By:Avail Team

The AVAIL token powering the Avail ecosystem and the unification of web3 is now live on mainnet with the launch of Avail DA.

Avail, a project that began inside Polygon and was founded by one of Polygon’s former co-founders Anurag Arjun and research lead Prabal Banerjee, spun out to become an independent entity and has now launched Avail DA on mainnet along with the AVAIL token.

After having played a key role in building out Ethereum scaling technologies at Polygon, Anurag has always been driven by a desire to bring blockchain technology to everyone. His ability to identify technological gaps early and execute successfully has helped make blockchain technology more usable and scalable for all. 

Once it became clear that rollups were the best way to scale blockchains, Anurag immediately looked into how the underlying infrastructure could be better built to support a rollup-centric future. That led to the creation of the Avail Foundation which has set out to remove the barriers facing rollup scalability and interoperability with the Avail protocol. 

The AVAIL Token

The AVAIL token is the utility token integral to the Avail ecosystem, enabling access to data availability services on Avail DA

Developers looking to leverage similar features to those planned in Ethereum’s danksharding roadmap, like validity proofs and data availability sampling, can start using them today by integrating with Avail DA. The integration can be done with just a few lines of code, enabling developers to instantly start leveraging Avail DA’s core features. The AVAIL token is then used to access data availability services provided by the network.

AVAIL token holders can also contribute to the security of the Avail ecosystem via staking

As the Avail network’s native asset, AVAIL plays a key role in the overall system design and network architecture within the Avail ecosystem.

Avail’s Partnerships

The Avail ecosystem has seen 110+ partnerships announced prior to launch. 

Included in this are partnerships with the 5 most popular Ethereum rollup stacks, including Arbitrum, Optimism, Polygon, Starknet and zkSync.

The AVAIL Token is Now Live on Mainnet image 0

Learn more about Avail

To learn more about Avail, check out our blog, join the Avail community on Discord and follow us on X.

To start building with Avail, check out the developer documentation.

 

Disclaimer: The information provided in this blog post is for educational and informational purposes only. It should not be construed as financial advice, a prospectus, an offer of securities, or a recommendation to purchase any cryptocurrency or other item or asset. Nothing contained in this blog post may be relied upon as a promise, representation, or undertaking as to the future utility or performance of the Avail network or the AVAIL token.  There is no assurance as to the accuracy or completeness of the information set forth in this blog post and no representation, warranty or undertaking is or purported to be provided as to the accuracy or completeness of such information.  You should not rely on this information in making purchasing decisions of any kind. There are no obligations to update this blog post or to provide access to any information beyond what is provided herein.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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