Hold onto your spoons, folks! Gelato, the blockchain development platform that’s cooler than your ex’s new girlfriend, has just dropped a shiny new blockchain-as-a-service (BaaS) product on Avalanche. Why? To make deploying sovereign blockchains for businesses as easy as pie—err, I mean gelato! 🍰
These guys have already rubbed elbows with the big shots like Kraken and Animoca Brands. Now, they’re on a mission to help businesses launch their own independent blockchains faster than you can say “decentralized finance.” And guess what? They’re throwing in some fancy Avalanche InterChain Messaging (ICM) for good measure. Because who doesn’t love a little interoperability? 🙌
This is like a golden ticket for fintech firms that need to do the whole KYC dance and gaming sites that want to create their own little economies. You know, the ones where you can buy virtual hats for your avatar with real money. Because priorities! 🎩💸
According to Luis Schliesske, Gelato’s CEO (and probably the coolest guy at the blockchain party), setting up a blockchain used to be as complicated as assembling IKEA furniture without the instructions. But now, their rollup-as-a-service (RaaS) is here to save the day, making deployment, upgrades, and scaling as easy as ordering takeout. Seriously, it’s like AWS for blockchain! 🍕
With this new product, businesses can launch their own layer-1 (L1) blockchain on Avalanche with just one click. Yes, you heard that right—one click! It’s like the “easy” button, but for blockchain. And the cherry on top? No need to stake AVAX tokens. It’s like getting dessert without the calories! 🍒
Martin Eckardt from Ava Labs is calling this a paradigm shift in blockchain infrastructure. Translation: every app can now have its own tailored chain. It’s like getting a custom suit, but for your software. 🕴️
As of today, Avalanche is strutting its stuff as the 10th largest blockchain network, boasting a total value locked (TVL) of over $1.1 billion in its DeFi ecosystem. That’s a lot of virtual cash, folks! 💰
By making blockchain technology easier to use, Gelato is paving the way for enterprise blockchain adoption. It’s like giving businesses a GPS for navigating the wild world of crypto. 🚗💨
As more financial institutions dip their toes into the blockchain pool, we’re on the brink of a major tipping point for institutional adoption. But let’s be real—no one’s diving in if the water looks murky. Schliesske says trust and reliability are key to getting those big players on board. Because if it’s experimental or unstable, they’ll just stick to their good ol’ spreadsheets. 📊
And here’s a fun fact: even big names like eBay and Fox News are already using blockchain solutions on Gelato’s platform. So, if it’s good enough for them, it’s good enough for your grandma’s knitting club! 🧶
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2025-03-28 20:05