The UK-based decentralised cloud community Cudos has introduced that its token is now listed on Crypto.com’s globally recognised digital asset change. This high-profile itemizing on one of many world’s hottest exchanges will make the CUDOS token obtainable to hundreds of thousands of customers throughout 90+ nations, serving to to drive Cudos’ ambition to energy Web3.
The Cudos community is a Layer-1 blockchain designed for optimum flexibility and scalability. With its excessive throughput, low transaction charges, and user-friendly improvement instruments, it affords the best platform for constructing future-proof DApps and metaverse experiences.
The community can be extremely interoperable, forming an integral a part of the broader Web3 area. As a part of the Cosmos ecosystem, it options easy and environment friendly inter-chain bridging to different Cosmos chains and Ethereum by way of the Cudos Bridge. With different bridges deliberate for the approaching months, Cudos is dedicated to an open and collaborative future for Web3.
The CUDOS token
The CUDOS token is the lifeblood of the Cudos blockchain, serving to to safe the community and offering in depth utility. Token holders can make the most of a spread of advantages, together with staking, governance rights, and native NFT minting. And because of Cudos’ partnerships with NOWPayments and Shopping.io, the token will also be used for purchases throughout an enormous vary of eCommerce shops.
Building the cloud of the longer term
The latest mainnet launch of the Cudos community is simply step one within the firm’s far-reaching plan to energy the way forward for the online. Building on this basis, the forthcoming Cudo Compute platform will supply a revolutionary answer for distributed cloud computing.
By distributing computing duties throughout an open, permissionless community, Cudo Compute will be capable of supply a sustainable and sturdy supply of cloud computing, all powered by the CUDOS token. By considerably increasing the worldwide attain of the CUDOS token, the Crypto.com itemizing will assist Cudos to understand its bold imaginative and prescient.
As Cudos’ CEO Matt Hawkins explains: “The recent launch of the Cudos mainnet has been an incredible achievement, the result of years of hard work by our dedicated team and the support of our vibrant and active community. Now that the network is live, we’re looking to the future with our goal of building a decentralised, sustainable and connected world. Thanks to this major new listing on Crypto.com, we’ll be able to introduce a whole new universe of users to the benefits of our blockchain.”
An increasing ecosystem
In addition to Crypto.com, CUDOS can be obtainable on quite a lot of different outstanding exchanges, together with Huobi Global, Kucoin, Bittrex Global, AscendEX, and Liquid. These listings have pushed the speedy adoption of the CUDOS token over the previous yr, alongside our in depth ecosystem of partnerships with business leaders and modern start-ups.
Potential future advantages
- Monetisation for customers’ gadgets: In the longer term, Cudo Miner customers would be capable of receives a commission and withdraw their CUDOS straight to their Crypto.com accounts and spend their earnings nevertheless they need. We goal to launch this characteristic as soon as our native coin, CUDOS, is listed on Crypto.com within the coming months.
- Interoperability: Crypto.com’s blockchain Cronos is constructed on the Cosmos SDK, similar to our native Cudos community. Consequently, the 2 have a excessive diploma of continuity and interoperability. This is crucial when constructing decentralised functions (dApps), sensible contracts, and multi-chain options. Ultimately, this might drive dApp adoption.
As we evolve, we’ll be trying to introduce extra options to learn Web3 builders and CUDOS token holders.
Explore CUDOS on Crypto.com!
Support Cudos
If you’d like to search out out extra in regards to the Cudos community, go to our mainnet web page for a full overview of the advantages and the alternative ways you will get concerned.
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About Cudos
Cudos is powering the metaverse bringing collectively DeFi, NFTs, and gaming experiences to understand the imaginative and prescient of a decentralised Web3, enabling all customers to learn from the expansion of the community. We’re an interoperable, open platform launchpad that may present the infrastructure required to satisfy the 1000x larger computing wants for the creation of absolutely immersive, gamified digital realities. Cudos is a Layer 1 blockchain and Layer 2 community-governed compute community, designed to make sure decentralised, permissionless entry to high-performance computing at scale. Our native utility token CUDOS is the lifeblood of our community and affords a horny annual yield and liquidity for stakers and holders.
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