Polygon Spin-Off Avail Establishes Foundation to Empower Trustless Interactions

Polygon Spin-Off Avail Establishes Foundation to Empower Trustless Interactions

Avail, the spin-off project from Polygon, has established the Avail Foundation. This announcement marks a significant step towards building a robust ecosystem for trust-minimized systems. The Avail Foundation's mission centers around fostering the growth of trustless systems, such as the Polygon zkEVM. These systems enable secure and seamless interactions for users without the need for intermediaries. Through the establishment of the foundation, Avail aims to accelerate the development and adoption of such systems. The foundation will play a key role in supporting projects building on Avail's technology stack and facilitating collaborations within the broader blockchain industry. Avail's commitment to trust-minimized systems aligns with the growing demand for secure and reliable blockchain solutions. By eliminating the need for trusted third parties, these systems can enhance privacy, reduce transaction costs, and increase efficiency. The establishment of the Avail Foundation is a testament to the growing maturity of the Polygon ecosystem and its commitment to driving innovation in the blockchain space. As trustless systems continue to gain traction, the Avail Foundation is well-positioned to play a leading role in shaping their future.