Alibaba Cloud builds Cloudverse on Avalanche

Alibaba Cloud has built a Launchpad, Cloudverse, and hosted on Avalanche, allowing businesses to deploy metaverses on the layer 1 blockchain.
A crypto launchpad, sometimes called a crypto incubator, is a decentralized exchange (DEX)-based platform that allows new crypto projects to raise funds while giving investors first access to tokens.

From the information on Alibaba Cloud’s website, the Cloudverse is a one-stop solution to design, build, and manage a metaverse space for Alibaba Cloud business. The information also revealed that Cloudverse provides simple and fast construction of metaverse venues, professional land planning and governance services, and an open ecosystem to help improve customer engagement in the metaverse.

Today, @alibaba_cloud announced that they are entering the metaverse–on Avalanche!

With Cloudverse, Alibaba Cloud's millions of clients can easily deploy custom metaverses and unlock new dimensions for consumers.#Avalanche will provide all blockchain elements for Cloudverse👇 pic.twitter.com/AlibhHjidN

— Avalanche 🔺 (@avax) May 4, 2023

Furthermore, for the provision of Cloudverse, Alibaba Cloud will provide scalable, highly efficient, and secure cloud infrastructure offerings, including computing, storage, database and networking, and intelligence operation platforms. In contrast, Avalanche and a third partner called the Metaverse Union of Architects (MUA) will provide solutions for building metaverse spaces.
In a series of tweets, Avalanche noted that the Cloudverse launch represented the next step in its ongoing relationship with Alibaba Cloud, which began in December 2022, when they struck a deal that would allow developers to spin up AVAX validator nodes through Alibaba’s services.

Raymond Xiao, Head of International Web3 Solutions, #AlibabaCloud Intelligence, launched the Cloudverse Solution in #AvalancheSummit on 4th May 2023, together with partners @avax and @MUA_MUADAO.

Click here: https://t.co/4sOhrwhZCM to learn more. pic.twitter.com/OCMPKSB8uP

— Alibaba Cloud (@alibaba_cloud) May 5, 2023

Also, reacting to the partnership on Avalanche’s website, John Wu, the President of Ava Labs, stated that Alibaba Cloud and Avalanche will continue to change how enterprises can create value and seize the opportunities of Web3.

“We look forward to seeing how businesses expand into the Cloudverse – and continuing to build the future with Alibaba Cloud”

John Wu, President of Ava Labs

Cloudverse a product of Avalanche/Alibaba Cloud partnership

According to the Avalanche team, Cloudverse leverages top tech available to metaverse initiatives and is now available to millions of Alibaba Cloud clients and billions of users worldwide. The team also noted that Avalanche houses all of Cloudverse’s blockchain elements – including digital land, wearables, and other digital assets.
Avalanche stated that Cloudverse is open to everyone and gives businesses an easy, cost-effective way to expand their brands to the Web3 virtual world.

Alibaba Cloud, a subsidiary of Alibaba Group, is a cloud computing company that provides cloud computing services to online businesses. On the other hand, Avalanche, whose native token is AVAX, is a blockchain platform capable of general-purpose smart-contract execution.

Photo Credit: Alibaba Cloud