Crypto News: Alibaba Cloud and Avalanche Partner to Launch Cloudverse Metaverse Launchpad on Blockchain
Alibaba Cloud, a subsidiary of the leading Chinese e-commerce giant Alibaba, has partnered with Avalanche to create a launchpad that allows companies to deploy metaverses on the blockchain.
The platform, named Cloudverse, provides businesses with a comprehensive solution to customize, launch, and maintain their metaverse spaces with ease, unlocking new ways to interact with customers.
Cloudverse’s blockchain components, including digital land and wearables, are built on the Avalanche network, enabling secure and scalable cloud infrastructure offerings for Alibaba Cloud, and Avalanche, in collaboration with third-party partner MUA DAO, will focus on developing solutions for building metaverse spaces.
According to Raymond Xiao, Head of International Web3 Solutions at Alibaba Cloud Intelligence, many businesses in the Asia-Pacific region are looking to enter the Web3 space due to the increasing popularity of blockchain technology and metaverses.
Launching the Cloudverse metaverse launchpad on Avalanche is an exciting opportunity for businesses to kickstart their metaverse journeys, promote innovation and new possibilities, and enhance customer experiences.
Alibaba Cloud and Avalanche first announced their integration in December 2022 to power Alibaba Cloud’s Node-as-a-Service initiatives. Since then, the Chinese conglomerate’s cloud computing division has been providing infrastructure and tools to help Asia-based users launch validators on the Avalanche network.
As Alibaba Cloud expands its footprint in the Web3 industry, the company is committed to accelerating the growth of a more inclusive and secure modern internet powered by blockchain technology.
In recent months, Alibaba Cloud has partnered with Elastos, a layer one blockchain protocol, to develop and deploy next-generation solutions, and signed a memorandum of understanding with Mysten Labs, a Sui blockchain developer, to build sustainable Web3 ecosystems.
The partnership between Alibaba Cloud and Avalanche to create the Cloudverse metaverse launchpad on Avalanche is an exciting development for businesses looking to enter the Web3 space.
With the platform’s easy customization, launch, and maintenance capabilities, Cloudverse provides a comprehensive solution that can help businesses stay ahead of the curve and unlock new ways to engage with customers.
Related News: Russia’s Government-Authorized Platforms Issued Digital Assets
