Business News Report
May 05, 2023

Alibaba Cloud and Avalanche Collaborate to Launch Cloudverse for Fast Metaverse Deployment

cloudverse

Alibaba Cloud, a digital technology division of Alibaba Group, and Avalanche, a layer-1 blockchain, have collaborated to create Cloudverse, a launchpad that enables businesses to easily deploy metaverses on the Avalanche network. Cloudverse provides businesses with a complete solution for customizing, launching, and managing their own metaverse space, opening up new possibilities for customer engagement.

Cloudverse’s blockchain elements, including digital assets, wearables, and virtual land, are built on the Avalanche blockchain. This partnership was announced during the Avalanche Summit II conference and offered one of China’s largest tech company’s clients access to this cutting-edge technology.

Avalanche has subnets that enable the creation of application-specific blockchains on top of its primary blockchain. This infrastructure, along with the Cloudverse, allows for customizable blockchain solutions. 

“Cloudverse is built with top tech available to metaverse initiatives and now available to millions of Alibaba Cloud clients and billions of users worldwide,”

Avalanche wrote in a blog post.

MUA DAO (a provider of Metaverse Middleware Infrastructure) will contribute to the project by providing solutions for building the metaverse. This launch reflects an expanding partnership between Alibaba Cloud and Avalanche, which began in December 2022. 

The collaboration aims to offer a simple, cost-effective, and user-friendly metaverse solution, allowing businesses to enter the web3 world. Because of the strong support of Alibaba Cloud, Avalanche is gaining greater recognition and a robust presence in Asia.

Alibaba Cloud offers reliable and low-latency connectivity to blockchain services, ensuring a seamless user experience in the metaverse.

cloudverse
Cloudverse Solution. Source: Alibaba

Anyone can join Cloudverse without purchasing land, as it is an open platform. Metaverse spaces can be set up within a month.

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Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].

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Agne Cimerman
Agne Cimerman

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].

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