Avara, a prominent participant in the web3 industry, has made noteworthy progress in broadening its range of products and incorporating novel technologies into its web portfolio. This action shows a strong dedication to building a web3 ecosystem that is more vibrant and inclusive.

Stani Kulechov, the founder of Avara, expressed his belief that this transformation will not only foster new businesses but also level the playing field for all participants in the web3 space. Users, creatives, applications, networks, algorithms, protocols, and DAOs are expected to benefit from Avara's efforts.

Kulechov further emphasized Avara's ultimate mission of an open and decentralized internet that promotes equality, participation, and innovation. By positioning itself as the go-to brand for state-of-the-art web3 features and services, Avara aims to assist startups in building from scratch while enabling existing businesses to seamlessly integrate decentralized features.

This recent development follows Avara's acquisition of Sonar in December 2022. Sonar, known as the first "social metaverse" powered by Avara's Lens Protocol, is a web3 social gaming app that supports NFT-based avatars. The addition of Sonar to Avara's repertoire has further strengthened their position in the web3 space, with co-founders Ben South Lee and Randolph Lee joining the Avara team.

With these advancements, Avara is shaping the future of the web3 sector and establishing itself as a key player in creating an equitable and innovative decentralized internet. Exciting times lie ahead as Avara continues to inspire and transformthe possibilities of web3 technology.

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