Tencent Cloud x Avalanche: What will this bring?

•

#Tencent Cloud 🤝🏻 #Avalanche This is an Amazon-level partnership and not everyone knows why. So, what's Tencent and why is this partnership such a huge milestone for Avalanche? 🧵

Tencent is a top-of-the-world web and technology company that keeps delivering innovative products in their sector, looking forward to improving the quality of life globally. It was founded in 1998 and has been meeting several important milestones since then.

Here's an infographic on Tencent's biggest deals by 2019. graphicnews.com/en/pages/39409/business-tencents-global-deals

Tencent Cloud is a secure and reliable cloud computing service held by Tencent, characterized by its easiness to deploy and its low-cost deployment compared with traditional IDC servers.

Some people that use Tencent Cloud enlyft.com/tech/products/tencent-cloud

The partnership between Avalanche and Tencent essentially consists of providing tools for easier subnet deploying for millions of developers in Tencent Cloud, thus integrating Avalanche subnets in traditional institutions who looks forward to move from Web2 to Web3.

Which institutions should be interested in improving their digital systems through blockchain technology backed by the Avalanche consensus?

✅Videogame studios Tencent owns @riotgames, development studio for enormous games such as League Of Legends or Valorant. Even though Riot does not need Web3 technology at the moment, progressive implementation of crypto-based side activities could be on the table someday.

✅ Fund management institutions @intainft and @KKR_Co already started their Web3 journeys with Avalanche, but more institutions could learn about the pros of tokenizing their assets and democratizing investments with transparent mechanisms that only blockchains can offer.

✅ Clubs and social organizations #NFTs usually work as social clubs, but plenty of them fail to create attractive incentives that gather their community in a common interest.

But if already settled social clubs such as country clubs in certain cities use subnets for their transactions on products and activities within their possible permissioned subnets, new forms of financial growth and fun activities for the organization could be met.

Web3 adoption and global tokenization will undoubtedly be a long process and we will, for sure, struggle a bit to make Web2-keen population understand the benefits of Web3. But that future will come. We all know that. Here's a quick reminder. coindesk.com/business/2021/12/15/bofa-says-avalanches-scaling-capability-offers-viable-alternative-to-ethereum/