Join Our Mailing List
Monday January 30, 2023
Bitcoin (BTC) $23,772.37   Ethereum (ETH) $1,644.65
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Capital Raising

Animoca Brands invests in decentralized cloud computing network Cudos

Published by CryptoNinjas.net
06/04/2021
Animoca Brands invests in decentralized cloud computing network Cudos

Animoca Brands, a company specializing in digital entertainment, blockchain, and gamification, announced that it has invested in and partnered with Cudos, a decentralized cloud computing network.

In particular, the partnership will enhance Animoca Brands’ ecosystem with a low-cost layer-1 blockchain and layer-2 computation and oracle network for multi-chain strategy blockchain gaming and NFT projects.

“We are thrilled to invest in Cudos and its highly scalable, low-cost layer-one and two solutions; that look to be ideally suited for blockchain gaming and NFT-based initiatives. We look forward to collaborating on various projects.”
– Yat Siu, Chairman, and Co-Founder of Animoca Brands

Cudos ensures decentralized and permissionless access to high-performance computing and enables the scaling of computing resources to hundreds of thousands of nodes

Once bridged to Ethereum, Algorand, Polkadot, and Cosmos; Cudos will enable scalable compute and layer-2 oracles on all of the bridged blockchains.

“Animoca Brands and Cudos are strong believers in bringing NFTs and DeFi in gaming to millions of users. Animoca Brands’ consumer focus is well aligned with our vision; offering the potential for large-scale gamer adoption of Cudos technology and developers building DApps on the Cudos network.”
– Nuno Pereira, VP of Partnerships at Cudos

Cudos is also a distributed computing platform where suppliers of hardware monetize the idle time of their hardware, while providing:

  • Blockchains a layer-2, Turing-complete compute capacity.
  • Cloud services at a fraction of the cost and with extended personalization and functionality.
188
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Animoca and Hex Trust form JV to offer GameFi crypto wallet service

11/25/2021
Animoca and Hex Trust form JV to offer GameFi crypto wallet service

Hex Trust, an Asia-based crypto-asset custodian, and Animoca Brands, a provider of blockchain gamification platforms, announced today they have formed a joint venture to provide institutional cryptocurrency wallets and financial services for online gamers....

Read more

Cosmostation joins the Cudos distributed computing ecosystem as validator

11/12/2021
Cosmostation joins the Cudos distributed computing ecosystem as validator

Cosmostation, an enterprise-level validator node infrastructure & end-user app provider, announced today it has joined the Cudos ecosystem as a validator Cudos is a layer-one blockchain and layer-two computation and oracle network designed to...

Read more

Crypto custodian Hex Trust closes $10M funding round led by Animoca Brands

10/05/2021
Crypto custodian Hex Trust closes $10M funding round led by Animoca Brands

Hex Trust, an Asia-based licensed and insured provider of custody for crypto-assets, announced it has raised USD $10 million in an investment round led by Animoca Brands, a company specializing in digital entertainment, blockchain,...

Read more

Animoca Brands and Brinc open new NFT accelerator: Launchpad Luna

07/20/2021
Animoca Brands and Brinc open new NFT accelerator: Launchpad Luna

Animoca Brands, a provider of digital entertainment, blockchain, and gamification technologies, along with venture accelerator Brinc, today announced the launch of Launchpad Luna, a new accelerator program to identify, mentor, and invest in promising...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
6 Best Cloud Mining Platform In 2022

6 Best Cloud Mining Platform In 2022

11/20/2022
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
Crypto securitization platform-GenTwo links to all Coinbase assets

Crypto securitization platform GenTwo links to all Coinbase assets

01/14/2023
Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

01/05/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy