Alibaba Cloud, partnered with MUA and Avalanche, is launching Cloudverse to accelerate real economy’s engagement into WEB3 ecosystem and Metaverse

What is “Cloudverse”

On May 4th, during the ongoing Avalanche Barcelona Summit, Raymond Xiao, Head of International Web3 Solutions at Alibaba Cloud Intelligence, and John Wu, President of Ava Labs, jointly announced the launch of Cloudverse, a corporate metaverse solution developed in partnership with Alibaba Cloud, MUA, and Avalanche.

Cloudverse was unveiled at the Avalanche Summit on May.4th
Cloudverse was unveiled at the Avalanche Summit on May.4th

Cloudverse is a one-stop, end-to-end solution for business users, enabling them to easily customize, launch, and continuously operate their brand metaverse. This solution will create new growth curves for enterprise users, significantly promoting blockchain applications in the Asia-Pacific region and accelerating enterprise entry into the web3 ecosystem.

Alibaba Cloud will provide scalable, highly efficient and secure cloud infrastructure offerings, including computing, storage, database and networking and intelligence operation platforms for Cloudverse, as well as millions of high-quality enterprise users within its ecosystem. MUA DAO will offer comprehensive metaverse construction solutions for Cloudverse. Developed specifically to accommodate enterprise metaverse requirements, Cloudverse stands out from other solutions with its fast development, high traffic capacity, open ecosystem, and professional land planning and governance. It is capable of serving Alibaba Cloud's millions of global customers and billions of users.

As blockchain technology and the metaverse become increasingly popular, businesses in the Asia-Pacific region are expressing a strong demand to enter the web3 ecosystem. Since 2020, nearly half of the world's top 100 enterprises have announced their entry into the metaverse. Asia-Pacific companies accounting for 54% of all businesses involved around the world.

The launch of Cloudverse is a crucial initiative by Alibaba Cloud and Avalanche to promote blockchain application and development in the Asia-Pacific region. With Cloudverse, businesses seeking web3 opportunities will finally have a powerful entry point.

MUA’s Role in “Cloudverse”

Cloudverse will initially be deployed and operated on Molecule, a metaverse platform developed and built by MUA DAO on Avalanche's C-chain. Molecule is part of MUAverse, a decentralized metaverse platform that supports multiple engineering conditions and blockchains, developed and operated by MUA.

MUAverse is equipped with an AI-driven interactive engine suitable for multiple metaverse platforms. With MUA's one-stop metaverse services, enterprises can enter the metaverse quickly and efficiently at a lower cost, creating and distributing virtual assets and application scenarios. They can also establish comprehensive marketing management systems within MUAverse. MUAverse enables users to effortlessly exchange assets between different metaverses, ensuring seamless and efficient data management. This will effectively lower the entry barrier for enterprises and brands, accelerating their adoption of metaverse technology and expanding their influence within the metaverse.

As a leading metaverse content development and operation platform, MUA DAO brings together top global technical teams and resources.

MUA has independently developed the MUA Super Editor, embedded an AI-optimized content creation tool, based on MUA's unique multiverse SDK library. This tool enables creators to generate digital assets adaptable to various engineering conditions quickly.

As a community that places a high value on metaverse content creation, MUA DAO consistently prioritizes creator benefits, organizing various educational activities, incentive programs, large-scale community-based metaverse building design, city planning, wearable device competitions, and metaverse space co-construction to achieve a win-win outcome with community members. By building a vibrant and innovative metaverse ecosystem, MUA DAO commits to delivering substantial returns for content creators and fostering a prosperous, entertaining, and economically valuable metaverse ecosystem.

MUA DAO's vision is to closely integrate the virtual world with the real world, bringing authentic physical economies into the metaverse.

According to a recent report, by 2030, the global market size of the Metaverse is expected to reach $1.2 trillion. MUA aims to extend the commercial and traffic distribution bearing real economy and brand influence to the entire MUAverse and Web3 world.

Michelle42, the founder of MUA DAO, said, "As the builders of Cloudverse, we are thrilled about this collaboration and the opportunity to work closely with a leading ecosystem. This partnership will enable us to leverage our combined expertise and resources to create unique, immersive experiences within the Metaverse. It is well-known that there are millions of online stores for brands on the Alibaba platform, and Cloudverse, empowered by MUA middleware, can help existing e-commerce evolve into metaverse virtual stores, providing incredible interactive experiences and new digital assets for GenZ customers. We believe this collaboration will not only enhance the value proposition of Avalanche, Alibaba Cloud, and MUA DAO, but also foster innovation and encourage broader adoption of the Metaverse.

Cloudverse Roadmap

First Phase: During the first phase, Cloudverse will be built on the Molecule platform, developed and operated by MUA DAO. The beta version of Cloudverse is set to launch at the end of May.

The public test version of Cloudverse will be released at the end of June. With the launch of the public version, the first batch of enterprises involved in the Cloudverse project will make their debut in the metaverse.

Second Phase: As external engineering and computing power conditions iterate, Cloudverse will be expanded and deployed across different metaverse platforms developed and operated by MUA to meet the diverse needs of enterprise users.

The successful launch of Cloudverse will mark an important milestone in the collaboration between MUA DAO, Alibaba Cloud, and Avalanche in the blockchain and metaverse sectors. It will provide strong support for businesses' development within the Web3 ecosystem. As Cloudverse continues to evolve, we look forward to more and more enterprises smoothly entering the metaverse, collectively promoting the global metaverse industry's prosperity and development.

- See the press in the Avalanche Blog

- Explore more about Cloudverse in MUAverse: https://cloudverse.muadao.build/

- Details & get started about Cloudverse on Alibaba Cloud

About Avalanche‍

Avalanche is a smart contracts platform built to scale infinitely and finalize transactions in under a second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable businesses to easily launch powerful, custom blockchain solutions. Build anything you want, any way you want, on the eco-friendly blockchain designed for both Web3 devs and businesses.

Website | Whitepapers | Twitter | Discord | GitHub | Documentation | Telegram | Facebook | LinkedIn | Reddit | YouTube

About MUA DAO

MUA is a Metaverse Middleware Infrastructure that provides a one-stop solution empowering enterprises and businesses in creating, operating, and managing digital assets compatible and programmable for multiple Metaverse platforms through unified interfaces in “MUAverse”. MUA’s proprietary MUAverse includes an AI-powered interactive engine as well for multi-Metaverse platform that supports the quick upscaling and development of universal engineering conditions.

Website | Whitepapers | Twitter | Discord | Mirror | GitHub | Documentation | Telegram | LinkedIn | YouTube

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