Blockchain low-code development platform provider Morpheus Labs announced the signing of a memorandum of understanding with Tencent Cloud, aiming to promote Web3 games and metaverse innovation, and promote the development of the Web3 ecosystem. According to the MOU, the cooperation between Tencent Cloud and Morpheus Labs will cover digital technology, blockchain and Web3-related solution development, and will jointly build a fast, secure and scalable comprehensive development environment. Focusing primarily on the Asia-Pacific region, both parties seek to serve established and emerging companies in gaming and other blockchain verticals to accelerate growth in their respective markets.