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Avalanche Foundation Offers $15m in Funding Via the infraBUIDL(AI) Program

Twitter icon  •  Published 1 year ago on January 3, 2025  •  Hassan Maishera

On Thursday, the Avalanche Foundation announced via X that it is offering up to $15M in funding through the infraBUIDL(AI) Program to accelerate AI-driven projects.

Avalanche Foundation Offers $15m in Funding Via the infraBUIDL(AI) Program

On Thursday, the Avalanche Foundation announced via X that it is offering up to $15M in funding through the infraBUIDL(AI) Program to accelerate AI-driven projects. This program benefits developers by enhancing liquidity efficiency, reducing impermanent loss, and providing more stable trading environments on Avalanche DEXs.

Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is up 3.5% today and currently trades at $39.87 per coin.

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Hassan Maishera Senior Reporter

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.