TechFlow reports that Avail, a blockchain scaling service provider, has announced the launch of the Avail Foundation, aimed at supporting the development of trust-minimized systems that enable users worldwide to interact and transact seamlessly and securely.
The foundation will focus on nurturing and growing the ecosystem around the Avail protocol and will be established in Switzerland, ensuring its operations within a robust legal framework while maintaining nonprofit status, transparency, and governance. Over time, Avail will transfer all intellectual property related to the Avail protocol to the foundation.
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