- May 4, 2023
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
Alibaba Cloud and Avalanche have partnered to create a blockchain-based metaverse deployment platform called Cloudbase, Avalanche said May 4.
In a separate statement to TechCrunch, Ava Labs founder and CEO Emin Gün Sirer said that such services would allow users to create a metaverse in minutes. He wrote:
“You and I can create a metaverse right now. Within 15 minutes, the chain is up; within hours the wallet is up and the turnkey is up.”
Avalanche said in its own announcement that Cloudbase’s blockchain assets, such as wearables and digital land, will be built on the Avalanche blockchain.
Meanwhile, Alibaba Cloud — a major Asia-based cloud computing platform that first partnered with Avalanche in December — will provide cloud computing, storage, and other infrastructure. The metaverse construction platform MUA DAO will also support the project.
Though the announcement did not say which technologies will be supported, metaverses typically incorporate virtual reality (VR) and augmented reality (AR) in virtual worlds.
Avalanche is currently among the 20 largest blockchains by market cap, with a total capitalization of $5.6 billion. It previously attracted attention in January when it partnered with another high-profile cloud computing platform, Amazon Web Services (AWS).
The post Avalanche, Alibaba Cloud partner on blockchain metaverse suite appeared first on CryptoSlate.
