CUDOS foundation

Mr Alex Yung®
2 min readMar 9, 2023

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Cudos foundation explained.

Cudos is a decentralized cloud computing platform that aims to enable the efficient sharing and utilization of computing resources. The Cudos Foundation is the non-profit organization that oversees the development and governance of the Cudos platform.

The Cudos platform uses blockchain technology and smart contracts to create a marketplace where users can buy and sell computing power. This allows developers to access a reliable, cost-effective, and scalable computing infrastructure to run their applications.

The Cudos Foundation is responsible for managing the Cudos Network, developing and maintaining the Cudos software, and coordinating the community of developers, validators, and users who participate in the network. The foundation is also responsible for setting the overall strategy and direction of the Cudos project.

The Cudos Foundation is committed to promoting a decentralized and open internet by providing a platform that is accessible to all developers and users. They believe that by democratizing access to computing power, they can create a more equitable and sustainable digital economy.

To Sustainably Power 5% of the World’s Compute
We are committed to the development and growth of the Cudos ecosystem
through our community of builders and creators.

Thus, Uniting Cloud and Blockchain
for a Sustainable Future
The Cudos network bridges the gap between cloud and blockchain by using the world’s spare compute capacity to power a decentralised, sustainable, and connected world.

We’re an interoperable, open platform that will provide the infrastructure required to meet the 1000x greater computing needs for the creation of immersive digital realities of the Web3 era.

Commitment to
Sustainability and Humanity

Planet

  • The computational needs of our tech-driven world put an enormous ecological strain on the planet. The inefficient use of the existing computational resources compounds the problem. Our decentralised cloud solution helps the environment by utilizing spare computing resources.

People

  • People from low-cost energy, low-income developing countries can benefit from our solution. Charities are even able to gather unused devices and donate them to families in these regions to help them generate income.

About Cudos

Cudos is powering the metaverse bringing together DeFi, NFTs, and gaming experiences to realise the vision of a decentralised Web3, 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.

Learn more about us

For more: Website, Twitter, Telegram, YouTube, Discord, Medium, Podcast

Originally published at

https://www.cudos.org.

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Mr Alex Yung®
Mr Alex Yung®

Written by Mr Alex Yung®

•Blockchain & Web3 Experience •CM / •MOD / •Ambassador. EN- AF 🇱🇷 - 🇳🇬 •Creator Content / •Article / •Video •DYOR

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