Avalanche

<p>Hand in hand, <strong>Alibaba and Avalanche shift into high gear</strong>. Driven by major ambitions for <strong>conquering Web3</strong>, the two aim to go further into the realm of <strong>enterprise metaverse</strong>. The latest news indicates that the <strong>Alibaba subnet</strong> has been successfully deployed on the Avalanche blockchain.</p> 
<h2 id="h-alibaba-s-subnet-goes-live">Alibaba’s Subnet Goes Live</h2> 
<p>Last May, Alibaba Cloud and Avalanche finalised the “Cloudverse” project, the outcome of a <strong>collaboration between an infrastructure specialist and a provider of construction solutions</strong>. Thanks to this enterprise metaverse, users were able to <strong>create customized metaverse spaces</strong>.</p>
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  Successful deployment of Alibaba’s subnet on Avalanche (AVAX)
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<p>“<em>Is this the Alibaba subnet?</em>”</p> 
<p>The translation of the description attached to the pinned photo in this comment reads:</p> 
<p>“<em>The Cloudverse blockchain network is <strong>operated and managed by MUA DAO,</strong> and carries all enterprise metaverse data within the Cloudverse solution. Cloudverse is an enterprise metaverse platform that <strong>exploits Alibaba Coud services and Avalanche ecosystem resources,</strong> built and managed by MUA DAO. It offers a complete metaverse solution for businesses and facilitates ongoing expansion through support for various devices under global conditions.</em>”</p> 
<p>A quick look at <a href="https://subnets.avax.network/cloudverse" target="_blank" rel="noreferrer noopener">the site</a> provided us several details about Alibaba’s subnet.</p> 
<ul> 
 <li>Subnet name: Cloudverse Subnet;</li> 
 <li>EVM Chain ID: 33210;</li> 
 <li>Virtual machine name: EthereumVM;</li> 
 <li>Creation date: November 7, 2023;</li> 
 <li>Number of transactions (at the time of writing): 1,511</li> 
 <li>Number of active addresses per day: 143;</li> 
 <li>Etc.</li> 
</ul> 
<h2 id="h-subnet-or-sub-network-what-is-it">Subnet or Sub-network, What Is It?</h2> 
<p>According to <a href="https://www.cloudflare.com/fr-fr/learning/network-layer/what-is-a-subnet/" target="_blank" rel="noreferrer noopener">CloudFlare</a>, a “subnet” is akin to <strong>a network within a network</strong>. What’s its purpose? Typically, a subnet like Alibaba’s is designed to <strong>significantly shorten the journey of data</strong> that was formerly supposed to pass through multiple routers.</p> 
<p>Using a structure of IP addresses, it is possible to associate a range of devices with these addresses.</p>  
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<p>In other words, the rollout of Alibaba’s sub-network on Avalanche (AVAX) will guarantee a high level of convenience for Cloudverse. Because <strong>the Chinese giant now has a sub-network</strong> within this layer 1 blockchain.</p> 
<p>Furthermore, the aim of this “<em><a href="https://www.avax.network/blog/alibaba-cloud-and-its-partners-unlock-rapid-metaverse-deployment-on-avalanche-for-millions-of-cloud-clients" target="_blank" rel="noreferrer noopener">unique and comprehensive solution</a></em>” is to enable “<em>businesses to <strong>customize, launch, and maintain their own metaverse space</strong>, thus creating new dimensions to attract customers</em>.”</p>
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<p>Let’s not forget that aside from Alibaba Cloud and Avalanche, there is a third player: MUA DAO. In this enterprise metaverse project, this decentralized autonomous organization will focus on creating service layers conducive to integrating metaverses onto the host blockchain.</p> 
<p>It’s entirely understandable that Alibaba wants to become a leading company in the metaverse. China, where it originates, seems disinclined towards cryptocurrencies and prefers pioneering projects related to virtual worlds and Web 3.0.</p>

Cloudverse: Alibaba’s Subnet Now on Avalanche!

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