CUDOS

CUDOS (CUDOS)

Full information about CUDOS (CUDOS). Current CUDOS price in TMT, CUDOS open/close rates, CUDOS history charts, CUDOS market capitalization and volume.

1 CUDOS = 0.042 m Turkmenistani Manat (TMT)
0.0119720 TMT

Last updated: 2024-10-01 01:41:00 UTC - about 7 months ago 1 USD = 3.510000 TMT

General information
Global rank:422
Name: CUDOS CUDOS
Symbol:CUDOS
Current coin price (TMT):0.042 m
Last hour:arrow_upward0.530 %
Last 24 hours:arrow_downward-5.10 %
Last 7 days:1.31 %trending_up
Capitalisation (TMT):287 975 928.24 m
Volume 24h (TMT):860 072.85 m
Available supply:6 853 014 309.00 CUDOS
Total coin supply:10 000 000 000.00 CUDOS
Start date:2022-06-15
Last updated: 2024-10-01 01:41:00 UTC - about 7 months ago

CUDOS/Turkmenistani Manat (CUDOS/TMT) price chart

CUDOS/Turkmenistani Manat (CUDOS/TMT) capitalisation and volume charts

What is it?

The CUDOS token is a crucial component of the CUDOS network, a decentralized computing network that enables the sharing of computing resources. The network is designed to connect consumers of computing power with providers of computing resources. This sharing economy model aims to reduce costs, increase efficiency, and create a more eco-friendly computing ecosystem.

CUDOS Token:CUDOS acts as the utility token within the CUDOS network and is used for various purposes, including staking, governance, and payment for computing services. Token holders who stake their CUDOS tokens can become validators on the CUDOS network, participating in the network's consensus mechanism and earning rewards.

CUDOS Network:The CUDOS network is a global decentralized computing network that connects consumers of computing power (developers, enterprises, etc.) with providers of computing resources (data centers, miners, etc.). It allows for the sharing of computing resources across the world, making it more accessible and affordable for all users. The network aims to provide a more sustainable and efficient solution to the growing demand for computing power in various industries, such as artificial intelligence, gaming, and scientific research.

What is it used for?

The CUDOS token is used for various purposes within the CUDOS network:

  • Staking: Token holders can stake their CUDOS tokens to become validators on the network, participating in the network's consensus mechanism and earning rewards.
  • Governance: Token holders can participate in the governance of the network, proposing and voting on changes to the network's parameters and rules.
  • Payment: The CUDOS token can be used as a payment method for computing services within the network.

Who created it?

The CUDOS network and its associated token were created by Cudo Ventures, a technology company that develops software for distributed computing and blockchain applications. The company is based in the United Kingdom and was founded by Matt Hawkins, Lee Woodham, and Pete Hill.