Cudos

Cudos

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Last Update

Dec 16, 2020

Cudo’s goal is twofold: to provide a secure, Turing-complete layer 2 to blockchains through the CUDOS network, and to provide a cost-effective, low-latency alternative to the main cloud providers, by tapping into the computing power of data centres, mining farms and the millions of underutilised PC’s, laptops and gaming consoles. By sharing part of its underlying technology with the CUDOS network, Cudo’s cloud computing can effectively be understood as blockchain’s layer 3, enabling any kind of workload to be requested from the blockchain and run in a decentralised way using SEV-secured hardware.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • HTX
    CUDOS/USDT 7 months ago
    $ 0.0031
    $ 62.558 K
    -0.15%
    14.85%
  • Bittrex Global
    CUDOS/BTC 8 months ago
    $ 0.0021
    $ 12.15
    -
    -
  • AscendEX (BitMax)
    CUDOS/USDT one year ago
    $ 0.0022
    $ 67.699 K
    -
    -
  • Poloniex
    CUDOS/USDT one year ago
    $ 0.0020
    $ 2.69
    -
    -
  • Bittrex Global
    CUDOS/USDT one year ago
    $ 0.0052
    $ 3.558 K
    -
    -
  • AscendEX (BitMax)
    CUDOS/BTC one year ago
    $ 0.0053
    $ 672.52
    -
    -
  • CoinEx
    CUDOS/USDT one year ago
    $ 0.0073
    $ 7.947 K
    -3.58%
    -3.88%
  • Coinfield
    CUDOS/USD one year ago
    $ 0.0106
    $ 256.98
    -15.20%
    14.13%
  • Hoo.com
    CUDOS/USDT one year ago
    $ 0.0114
    $ 83.16 K
    2.06%
    33.04%
  • Uniswap V2 (Ethereum)
    CUDOS/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 one year ago
    $ 0.0113
    $ 33.277 K
    -
    -
  • Liquid
    CUDOS/USDT one year ago
    $ 0.0120
    $ 192.23
    -
    -
  • Bitrue
    CUDOS/USDT one year ago
    $ 0.0100
    $ 87.55
    -
    -
  • Liquid
    CUDOS/BTC one year ago
    $ 0.0111
    $ 21.35
    -
    -
  • Coinfield
    CUDOS/USDT one year ago
    -
    -
    -
    -
  • Bilaxy
    CUDOS/USDT 2 one year ago
    $ 0.0308
    $ 8.455 K
    -
    -
  • Gate.io
    CUDOS/USDT 2 one year ago
    $ 0.0332
    $ 515.423 K
    -
    -
  • KuCoin
    CUDOS/USDT 2 one year ago
    $ 0.0486
    $ 402.657 K
    -
    -
  • KuCoin
    CUDOS/BTC 2 one year ago
    $ 0.0258
    $ 14.091 K
    -1.89%
    3.33%
  • Uniswap (v3)
    CUDOS/ETH 3 one year ago
    $ 0.1116
    $ 4.906 M
    -
    -
To be announced
Token Details
Ticker
CUDOS
Accepted Currencies
USD, GBP
Company Details
Registered Country
United Kingdom
Additional Details
MVP/Prototype
Yes
Platform
Ethereum
Categories
Platform

About Cudos

Cudos is powering the metaverse bringing together DeFi, NFTs, and gaming experiences to realise the vision of a decentralised Web 3.0, enabling all users to benefit from the growth of the network. We’re an interoperable, open platform launchpad that will provide the infrastructure required to meet the 1000x higher computing needs for the creation of fully immersive, gamified digital realities. Cudos is a Layer 1 blockchain and Layer 2 community-governed compute network, designed to ensure decentralised, permissionless access to high-performance computing at scale. Our native utility token CUDOS is the lifeblood of our network and offers an attractive annual yield and liquidity for stakers and holders.

The Cudos Network is a Layer 1 network, providing scalable distributed computing direct to smart contracts or to any bridged blockchain. Cudos connects blockchain developers and services to a global pool of computing power. This enables up to 10x more cost-effective computing, greener computing and access to a global network to power your next Metaverse, Dynamic NFT, AI, Machine Learning, DeFi or any computationally demanding dApps and smart contracts.

When economic activity becomes centralised on a single network, the result is bottlenecks of congestion and high transaction fees.

Networks such as Ethereum have attempted to solve issues with scalability 'vertically' with Layer 2 solutions that leverage the underlying security of the Layer 1 - Ethereum network. Transactions are executed off-chain on the Layer 2 with a 'proof of state' change sent back to the Layer 1. These proofs are then checked for fraud and verified before the underlying Layer 1 chain is updated.

Increasingly, there is also a shift towards 'horizontal' scaling solutions. These are enabled through the use of multiple independent blockchains or sidechains within a single ecosystem. Horizontal scaling spreads the computation of transactions in an ecosystem across many independent blockchains, with each chain having its own block producers and execution capacity.

CUDOS addresses scalability vertically and horizontally. A lightning fast consensus mechanism (built on tendermint) enables thousands of transactions per second (tps) whilst an Inter-Blockchain Communication (IBC) protocol enables cross-chain interoperability with an increasing number of Cosmos ecosystem members such as Osmosis.

The CUDOS Bridge brings further interoperability between the CUDOS and Ethereum networks allowing for the transfer of tokens, assets, NFTs and data.

Vision
A decentralised, sustainable, and connected world where no computing is wasted.

Mission
Empower people and organisations to earn and save through cheaper, accessible, and sustainable computing by utilising spare capacity.

Cudos Team

Verified 8%

Attention. There is a risk that unverified members are not actually members of the team

Flavius Berciu
Client Journey Advocate
unverified
Ashley Smith
Client Journey Advocate
unverified
Mia Whitewood
Senior Business Development Enterprise
unverified
Christopher Grubb
Financial Director
unverified
Chris Weyell
Marketing Manager
verified
Matt Hawkins
Founder & CEO
unverified
Andrew Sturmey
CTO
unverified
Pete Willis
Development Manager
unverified
Joan Garcia Tormo
Data Scientist
unverified
Richard Poole
Lead Architect
unverified
Andrew Walker
CRO
unverified
Pete Hill
Vice President of Sales
unverified
Nuno Pereria
Vice President of Partnerships
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Jorg Roskowetz
Director of Blockchain for AMD
unverified
Chris Deering
CEO Sony Europe
unverified
Maggie Fang
Advisor
unverified
Sean Li
Advisor
unverified
Malcolm Tuck
Advisor
unverified
Chris Gale
Advisor
unverified

Cudos Interviews

Chris Weyell
As a team member, сan you tell us about your role in the ICO project?
As Marketing Manager for the project, I am responsible for a range of external communication tasks and marketing activities. I work closely with the wider marketing team, which has a Community Manager, Web and Graphic Designer, and community members. I also work closely with a Business Development Team and the CUDOS project team.
What do you think about idea?
The CUDOS token project is a key element of the Cudo project to make better use of the world's underused compute power.

We do for compute what Filecoin does for storage.

Cudo’s platform is a collaborative consumption network platform which allows users to monetise their underutilised computing power. You can save up to 10x the cost of traditional cloud computing, achieve lower latency and easier scale. Owners of hardware can earn revenue from their spare capacity. The CUDOS token is the utility by which capacity is traded.

Unlike many projects, Cudo is already generating revenue with users in over 145 countries. This network, comprising of tens of thousands of blockchainers, gamers and service providers, who will become early providers to cloud consumers globally. The CUDOS network links the blockchain world to the extensive Cudo platform through a smart contract governed layer 2 oracle, reducing the cost and increasing the performance for DeFi and other popular blockchain use cases.

Cudos Last News

$ 0.0169
6.28%
Crypto Stats
Daily, %:
6.28%
Weekly, %:
14.91%
Monthly, %:
51.57%
Market Info
Market Cap:
$ 114.552 M
Volume 24h:
$ 769.099 K
Circ. Supply:
6.769 B CUDOS
Ticker:
CUDOS
ICO profit
X 2.82
ICO Price~$0.0060
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