$ 0.009753
3 months ago
(-0.06%)
CUDOS powers a decentralised compute network that will interoperate with multiple blockchain ecosystems to provide the following benefits:
With the underlying Cudo platform live in over 145 countries, across enterprise and edge environments, and used by over 250,000 users, CUDOS is the next major release, providing a
decentralised computing layer bridging on-chain and off-chain resources.
The CUDOS token serves the following clear purposes: Transaction payments, Network governance and operations, a staking mechanism for receiving blockchain and cloud workloads,
and a medium of exchange (MoE).
There is a maximum supply of 10 billion CUDOS tokens released over a 10 year period (starting from the 11th January 2021).
The total supply of 10 billion CUDOS is distributed via multiple allocations, with 34% Ecosystem & Community Development, 33.78% Reserve, 20% Team (2% released based per milestone achieved. 10 key pre-determined milestones), 5% Advisors and 7.22% to presale token holders. Use of funds will be as follows: 30% Research & Product Development, 10% Administration & Operations, 20% marketing, 10% CUDOS Validator Nodes (CVN), 13% User Acquisition, 10% Community Engagement and 7% Contingency.
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