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Alibaba’s cloud division has developed Cloudverse, a platform that enables businesses to create their own metaverses, in partnership with Avalanche, a layer-1 blockchain platform.
Introducing Cloudverse
According to Avalanche, Cloudverse is a “one-stop, end-to-end solution” for businesses to customize, launch, and maintain their own metaverse space, which provides them with new ways for engaging their customers.
In the collaboration, Alibaba Cloud is expected to provide scalable, highly efficient, and secure cloud infrastructure facilities, including computing, storage, database, networking, and intelligence operation platforms.
On the other hand, Avalanche will provide the solutions for building the metaverse spaces seeing as all of Cloudverse’s elements including the wearables, digital land, and other digital assets will be built on the blockchain platform.
The partnership includes a third company, MUA DAO, a metaverse architect and middleware provider, who will provide the service layer that will aid in implementing the integration and customization for metaverses.
The creation of customizable metaverse spaces will be made possible by subnetworks on Avalanche. Subnetworks, also subnets, are a set of nodes that can be built on top of a blockchain network creating application-specific blockchains that can easily be customized to fit a business’s needs.
With this ability to quickly and easily create metaverses, businesses that lack the time and resources to launch a metaverse will now have the opportunity to venture into the technology.
“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,” said John Wu, President of Ava Labs.
According to a statement from Raymond Xiao, Head of International Web3 Solutions at Alibaba Cloud Intelligence, as a result of the growing acceptance of blockchain technology and the metaverse, firms in the Asia-Pacific area are showing a strong interest in entering the Web3 market.
Xiao said that “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.”
Cloudverse has simplified the creation of a metaverse space such that all the tools are open source and a blockchain can be created in 15 minutes, said Ava Lab CEO, Emin Gün Sirer, adding that the wallet and turnkey can then be up in a few hours.
The end-to-end process of creating the metaverse space entails an initial engagement which is followed by a discussion of aesthetics, interactive functions, meta-economics, and digital assets. The production then begins taking around 30 days to complete the creation of a new custom metaverse space.
The businesses will also receive support for visuals, continued operations, events, and much more.
Alibaba expands its presence in Web3
Cloudverse is not the first project the duo has worked on. Alibaba and Avalanche first partnered in December last year when Alibaba Cloud started offering infrastructure and tools in order to assist customers in Asia in launching nodes on the Avalanche network.
According to the companies, the initial iteration offered plug-and-play and node-as-a-service activities to support the growth of blockchain usage in Asia.
Alibaba Cloud recently outlined ambitions to hasten the development of a more inclusive and secure contemporary internet powered by blockchain technology as it expands its presence in the Web3 market.
In order to develop and roll out next-generation solutions, the company last month teamed with Elastos, a layer one blockchain platform, in a partnership that also entailed developing decentralized web communities by supporting ecosystem projects and organizing hackathons and developer education programs.
Before that, the firm also collaborated with Mysten Labs, the company behind the Sui Layer 1 blockchain, to provide node services for validators on the network’s testnet creating a sustainable Web3 ecosystem.
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