Alibaba Cloud, the cloud division of Chinese tech giant Alibaba, has announced that it is building a metaverse launchpad on the Avalanche blockchain called Cloudverse.
The launchpad is designed to provide an end-to-end platform for companies to customize and maintain their metaverse spaces in an attempt to find innovative ways to engage with customers. Avalanche will supply the technology to construct the metaverse spaces, while Alibaba Cloud will contribute computing and storage resources. The partnership is Alibaba's second collaboration with a blockchain network in less than a month, following its agreement with Mysten Labs, developer of the Sui Layer 1 blockchain, to provide node services for validators on the network's testnet.
Through Cloudverse, builders will have access to various support systems, including interactive functions, continued operations, meta-economics, and events. Each metaverse space is expected to be ready within a month of the initial outreach. The platform's subnets allow operators to customize the blockchain according to specific requirements.
Alibaba Cloud and Avalanche are hoping to build out and accelerate the development of metaverse ecosystems by combining their expertise, thereby creating new opportunities for users, developers, and businesses. The deployment of a secure and scalable metaverse infrastructure through blockchain technology could lead to more decentralized, secure, and interoperable metaverse platforms, unlocking new possibilities for the future of virtual reality.
The CEO and founder of Ava Labs, Emin Gün Sirer, claims that through Cloudverse, anyone could create a metaverse at any time. It takes only 15 minutes to spin up and set the chain, and builders can establish the turnkey and wallet in just a few hours. The technology has been designed to be simple and user-friendly, with all available tools being open source.