CUDOSCUDOS (CUDOS) Price

1. Project introduction

The Cudos Network is a special-purpose blockchain designed to provide high-performance, trust-less, permission-less cloud computing for all.

Designed as a scalable alternative to larger, more expensive chains the Cudos Network allows complex applications to run completely on-chain, which in other chains would be prohibitively expensive or simply impossible due to gas limits.

Cudos Network runs on a Delegated Proof of Stake (DPoS) consensus model, with Validators checking transactions and providing compute cycles for DApps to consume. Developers, individuals and businesses will deploy next-generation smart contracts that leverage the Cosmos ecosystems CosmWasm platform (and later EVM via Ethermint) with the security assurances of distributed ledger technology. This higher level of performance and security is possible thanks to the Cudos blockchain’s ability to leverage a strong community of Validators with a robust node infrastructure. This gives users of the Cudos Network a high level of confidence in the various enterprise and developer use cases that are subsequently deployed.

What makes the Cudos Network stand out from other blockchains is the deep level of integration with high-performance compute capacity at the very core of the network. This allows Cudos to provide an extra computing layer to blockchains, unlocking an extensive array of additional use cases for which high-performance computing power is needed.

2. Investment institution

Moonrock Capital, GBV, Spincrypto Capital, Coinvision Research, BlackDragon Research, MoonWhale Ventures, Outlier Ventures

3. Application

The Cudos Network is powered by CUDOS, the native token on the network, which can be used for:

(1) Funding compute workloads (as gas).

(2) Contributing to network security (as stake).

(3) Governance participation.