So, Gelato—yes, the blockchain developer, not the dessert—is rolling out a new blockchain-as-a-service thingy on Avalanche. Because apparently, the world needs more sovereign blockchains like I need another pair of black leggings. 🍦
Gelato, which has already whipped up blockchain solutions for Kraken and Animoca Brands, is now offering developers a way to deploy their own chains faster and cheaper. And guess what? It’s all thanks to Avalanche’s InterChain Messaging (ICM). Because nothing says “innovation” like a fancy acronym. 🚀
According to Gelato, this service is perfect for fintech apps that need identity verification (KYC) and gaming economies that are more complicated than my relationship with carbs. This was announced on March 28, exclusively to CryptoMoon, because of course it was. 🌕
Basically, companies can now deploy their own blockchains without spending a fortune or waiting forever. Luis Schliesske, Gelato’s founder, said that launching a blockchain used to require a PhD in computer science and a small army of engineers. Now, it’s as easy as ordering a pizza. 🍕
“Gelato’s RaaS on Avalanche streamlines everything from deployment and upgrades to real-time monitoring and scaling. It’s a plug-and-play solution that slashes time-to-market and operational burden bringing AWS-level infrastructure to the rollup era.”
He also added, “The future of enterprise blockchain is sovereign, interoperable, and invisible to the end-user.” So, basically, it’s like magic, but with more jargon. ✨
The new solution allows for one-click layer-1 (L1) network deployment on Avalanche, and it leverages cool features like dynamic fees and no AVAX token staking requirements. Because who has time for staking when you’re busy revolutionizing the blockchain industry? ⛓️
Martin Eckardt from Ava Labs said, “Avalanche L1s mark a paradigm shift in blockchain infrastructure, enabling a future where every application can run on its own sovereign chain, optimized for its unique needs.” Translation: It’s a big deal. 🌟
Avalanche is currently the 10th largest blockchain network, with over $1.1 billion in total value locked (TVL) across its DeFi applications. So, yeah, it’s kind of a big deal. 💰
Reliable infrastructure is a “prerequisite” for institutional crypto adoption
The crypto industry is apparently at a “tipping point” for institutional adoption. Because nothing says “tipping point” like financial institutions finally realizing that blockchain isn’t just a buzzword. 🏦
Schliesske said that institutions need more robust infrastructure to feel confident about adopting blockchain. Because, let’s be honest, no one wants to build on something that feels like it’s held together with duct tape and hope. 🛠️
“Institutions will not build on crypto infrastructure that feels experimental or unreliable. […] That reliability is a prerequisite for onboarding financial institutions, governments, and large enterprises.”
Some big names like Fox News and eBay have already launched blockchain-based solutions on Gelato’s platform. Because if Fox News is doing it, you know it’s legit. 🦊
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2025-03-28 17:10