ACP-77: Unlocking Avalanche Layer 1s

Avalanche has long been a proponent of horizontal scaling with the use of “subnets”, which are now rebranded as Avalanche Layer 1s (L1s). Avalanche L1s are sovereign and often application-specific blockchains that can be customized to meet the specific needs of different use cases. 

This infrastructure has attracted many crypto-native and institutional clients to host their own Web3 platforms using Avalanche L1s, including Japanese gaming giant Konami’s NFT platform and Intain’s security tokenization platform.