The Avalanche Foundation announced via a blog post on Friday that Really, the leading Augmented Reality platform for theatrical movie experiences has successfully launched an Avalanche Subnet.
The Subnet is designed to handle increased user activity and facilitate exceptional scalability and stability, ensuring optimal performance levels even during periods of high demand. This development empowers the platform to deliver enhanced Web3 capabilities to its users.
Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is down by 3% so far today and currently trades at $33.62 per coin.