Coinspeaker
Alibaba Cloud Taps Avalanche to Create Metaverses for Businesses
With businesses keen to take their brands to Web 3.0, Alibaba Cloud has taken it upon itself to help its clients with their transitions. To achieve this, the digital technology and intelligence division of Alibaba Group has partnered with layer-1 blockchain Avalanche.
Alibaba Cloud and Avalanche
The major aim of the partnership will be to create metaverses for businesses within the Alibaba ecosystem, albeit on the blockchain.
According to an announcement that was made at the Avalanche Summit II Conference in Barcelona, an innovative metaverse launcher called Cloudverse will be used to achieve these goals. And with the Cloudverse, businesses may now access the world of metaverse in a much faster and cheaper way. Avalanche said:
“Cloudverse gives businesses an easy, white-glove, and cost-effective way to expand their brands to the Web3 virtual world.”
Meanwhile, Metaverse Universal Assets DAO (MUA DAO) will
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