{"id":49287,"date":"2023-05-05T17:53:53","date_gmt":"2023-05-05T21:53:53","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=49287"},"modified":"2023-05-05T18:34:09","modified_gmt":"2023-05-05T22:34:09","slug":"alibaba-cloud-builds-metaverse-launchpad-on-avalanche","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/alibaba-cloud-builds-metaverse-launchpad-on-avalanche\/","title":{"rendered":"Alibaba Cloud Builds Metaverse Launchpad on Avalanche"},"content":{"rendered":"\n

Avalanche and Alibaba Cloud have joined together to develop Cloudbase, a blockchain-based metaverse<\/a> deployment platform.<\/p>\n\n\n\n

\"Alibaba
Alibaba Cloud Builds Metaverse Launchpad on Avalanche<\/figcaption><\/figure>\n\n\n\n

Such services would enable users to establish a metaverse in minutes, according to Emin G\u00fcn Sirer, founder and CEO of Ava Labs\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, in a separate statement to TechCrunch. He stated:<\/p>\n\n\n\n

\n

\u201cYou 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.\u201d<\/p>\n<\/blockquote>\n\n\n\n

Wearables and digital real estate from Cloudbase will be created on the Avalanche blockchain, according to Avalanche's own release. Alibaba Cloud, a significant Asian cloud computing platform that joined forces with Avalanche for the first time in December, will provide the infrastructure for cloud computing, storage, and other services. <\/p>\n\n\n\n

The project will also get assistance from the MUA DAO metaverse development platform. Although it wasn't specified in the announcement which technologies will be supported, metaverses often integrate augmented reality (AR) and virtual reality<\/a> (VR) into virtual worlds.<\/p>\n\n\n\n

Avalanche presently ranks in the top 20 blockchains by market value, with a $5.6 billion valuation. It first came to public prominence in January when it joined forces with Amazon Web Services (AWS), a well-known cloud computing platform.<\/p>\n\n\n\n

From Alibaba's perspective, one of the ways to get the Asain enterprise ecosystem into web3 is through the metaverse, Wu said, “For us, its a great way to get access to 4 million potential builders, and when they come through (Avalanche), there will be tons of transactions on the chain”<\/p>\n","protected":false},"excerpt":{"rendered":"

Avalanche and Alibaba Cloud have joined together to develop Cloudbase, a blockchain-based metaverse deployment platform. Such services would enable users to establish a metaverse in minutes, according to Emin G\u00fcn Sirer, founder and CEO of Ava Labs , in a separate statement to TechCrunch. He stated: \u201cYou and I can create a metaverse right now. […]<\/p>\n","protected":false},"author":43,"featured_media":49289,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5794],"tags":[1576,2309,4617],"class_list":["post-49287","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metaverse-news","tag-alibaba","tag-avalanche","tag-metaverse"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/05\/croc_1683317559666.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/49287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=49287"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/49287\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/49289"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=49287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=49287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=49287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}