Alibaba Cloud has Plans to Deploy Metaverse on Avalanche
- Alibaba Cloud has announced a new launchpad with Avalanche to deploy metaverses on the layer 1 blockchain.
- The launchpad, dubbed “Cloudverse,” aims to change how enterprises can create value and seize the opportunities of Web3.”
- All of the blockchain elements of Cloudverse, including digital land, wearables, and other digital assets, will be built on the layer 1 blockchain.
- Avalanche and Metaverse Universal Assets (MUA) DAO will provide solutions for building metaverse spaces.
The metaverse frenzy remains relevant among multinational corporations and big tech firms that aim to capitalize on artificial intelligence (AI) and non-fungible token industries. Interestingly, Alibaba Cloud, a subsidiary of the Chinese e-commerce behemoth Alibaba Group that provides cloud computing services to online businesses and the company’s own e-commerce system, has announced plans to deploy a metaverse on layer 1 of the Avalanche (AVAX) blockchain. The two entities have worked together to create a launchpad for it.
The launchpad has been dubbed “Cloudverse,” and as per the official announcement, it provides “a one-stop, end-to-end solution for businesses to seamlessly customize, launch, and maintain their own metaverse space, creating new dimensions for engaging customers.”
John Wu, President of Ava Labs, the entity responsible for development and management of the Avalanche ecosystem, stated that “Alibaba Cloud and Avalanche continue to change how enterprises can create value and seize the opportunities of Web3,” while adding:
“Cloudverse powered by Avalanche offers millions of consumer-facing businesses a quick, low-overhead, one-stop gateway into Web3. We look forward to seeing how businesses expand into the Cloudverse — and to continuing to build the future with Alibaba Cloud.”
The announcement confirmed that all of the blockchain elements of Cloudverse, including digital land, wearables, and other digital assets, will be built on the layer 1 blockchain. The blockchain is different from others because of its “fast development, high traffic volume, open ecosystem, and professional land planning and governance,” read the release.
More importantly, Alibaba Cloud will offer scalable, highly efficient, and secure cloud infrastructure offerings, including computing, storage, database, networking, and intelligence operation platforms, while Avalanche and Metaverse Universal Assets (MUA) DAO will provide solutions for building metaverse spaces.
The beginning of the partnership between Alibaba Cloud and Avalanche can be traced back to December 2022, when the latter announced an integration to power the former’s Node-as-a-Service initiatives. At the same time, the subsidiary of the e-commerce giant decided to provide infrastructure and tools to help Asia-based users launch validators on the blockchain network.
Raymond Xiao, the Head of International Web3 Solutions at Alibaba Cloud Intelligence, noted that “there is a strong demand from businesses in the Asia-Pacific region planning to enter the Web3 world,” while adding:
“Through the launch of the metaverse launchpad on Avalanche for CloudVerse, we are excited to offer businesses a way to kickstart their metaverse journeys and drive innovations and new possibilities for their businesses while elevating customer experiences. Our extensive offerings in cloud computing, storage, and networking support businesses’ entry into the Web3 ecosystem, in line with our focus at Alibaba Cloud to support an open digital economy.”
As reported earlier by BitcoinWisdom, Ava Labs and Amazon’s AWS entered into a partnership in January “to accelerate enterprise, institutional, and government adoption” of Avalanche. It was made easier for developers to run a node on the blockchain, and one-click deployment of nodes with the help of the AWS Marketplace was also enabled.
On the other hand, competitors BNB Chain and Google Could announced their own partnership focused on increasing the adoption and boosting the capabilities of around 1,300 active BNB Chain-based decentralized apps.
A crypto journalist with over 3 years of experience in DeFi, NFT, metaverse, etc. Parth has worked with major media outlets in the crypto and finance world and has gained experience and expertise in crypto culture after surviving bear and bull markets over the years.
