CUDOS

Halal Rating :
Comfortable
Last Price $0.0082 Last updated:
Rank 336
1D Change -1.78 %
Market Cap $81.72m
Circulating supply 9,916,204,333
Maximum supply 10,000,000,000

Crypto Overview

Categories
  • Cosmos Ecosystem
  • VR/AR
  • AI & Big Data
  • Distributed Computing
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  • Layer 1
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Project Overview

CUDOS is a layer-1 blockchain network designed to provide sustainable and scalable compute resources. The project aims to create a decentralized cloud computing infrastructure by connecting cloud service providers and data centers to blockchain networks.

Intended Purpose and Utility

The CUDOS token serves multiple purposes within its ecosystem: It acts as a utility token for accessing computing resources on the network, enables governance participation, and serves as a means of payment for cloud computing services.

Business Model Analysis

The business model focuses on providing decentralized cloud computing infrastructure, which is a legitimate and halal business activity. The platform connects unused computing resources with those who need them, creating a marketplace for computational power.

Development and Adoption

The project maintains active development, with regular updates to its infrastructure and partnerships with various cloud service providers. The team has demonstrated consistent progress in building out the network's capabilities and establishing partnerships with technology companies.

Token Distribution

CUDOS has implemented vesting schedules for team members and early investors, showing commitment to long-term development. The token distribution appears structured to support sustainable network growth rather than quick profit-taking.

Revenue Model

The platform generates revenue through legitimate means - primarily through fees for computing services and network usage. This model aligns with Islamic principles as it involves the exchange of real services and value.

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