Avalanche Multiverse was launched by the Blockchain network. This incentive program will encourage the adoption subnets which are specific to app-specific blockchain ecosystems.

According to the director of Avalanche Foundation, Emin Gün Sirer, subnets are the next big thing on the blockchain. GünSirer said that subnets enable functions that are only possible with “network-level control and open experimentation.” He also mentioned that while smart contracts carried innovations within blockchain in the last five years, he believes subnets are next.