Web3 Step from Tencent Cloud: Here Are The Altcoins They’ve Agreed With!

Subsidiary of leading technology company Tencent “Tencent Cloud“, announced that it will work to actively support Web3 developments and ensure the development of the global community. Serving in the cloud space, the company has partnered with crypto platforms such as Ankr, Avalanche, Scroll and Sui for developments in the Web3 ecosystem.

Tencent Cloud, to the official announcement on February 22 according towill help develop the Web3 ecosystem, unveil the roadmap of a complete suite of blockchain API services. In addition, Tencent said it will launch Cloud Metaverse-in-a-Box products. It also announced that it will provide technical support for Web3 developers.

Tencent Cloud has also signed a Memorandum of Understanding (MoU) with Web3 infrastructure provider Ankr to build a full suite of blockchain API services. The company is a smart contracts platform. Avalanchehas signed a partnership with Scroll, the open-source fully EVM-compliant zk-Rollup renderer and Layer-1 blockchain Sui for high-performance games.

Poshu Yeung, senior vice president at Tencent Cloud, said:

We see a future with Web3, a new iteration of the internet that unveils the concept of ‘Immersive Convergence’, where physical and digital economies meet and integrate.

Tencent Cloud Expands Web3 Works

Koinfinans.com As we reported, Tencent will use its technical experience in gaming, audio and video to provide technical support to Web3, and will work with industry partners to build an overall better Web3 ecosystem.

During the “Cloud Web3 Build Day” held in Singapore, the company introduced Cloud Metaverse-in-a-Box. This product, he claimed, would offer businesses the ability to rapidly develop metaverse applications with greater security and flexibility.

The price of Ankr and Avlanche tokens became active after this development. Ankr rose 50% in 24 hours, while Avalanche rose 2%. It is important to note that Ankr has also formed a partnership with Microsoft.


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