Animoca Brands invests in Cudos, a decentralized cloud computing network »CryptoNinjas
Animoca Brands, a company specializing in digital entertainment, Blockchain and gamification, Announced that it has invested and cooperated with Cudos, which is a Decentralized cloud computing network.
In particular, the partnership will enhance the Animoca Brands ecosystem through low-cost layer 1 blockchain and layer 2 computing and a network of oracle machines for multi-chain strategy blockchain games and NFT projects.
“We are very pleased to invest in Cudos and its highly scalable, low-cost first and second layer solutions; this looks very suitable for blockchain games and NFT-based programs. We look forward to cooperating on various projects.”
– Yat Siu, Chairman and Co-founder of Animoca Brands
Cudos ensures decentralized and permission-free access to high-performance computing, and expands computing resources to hundreds of thousands of nodes
Once connected to Ethereum, Algorand, Polkadot and Cosmos; Cudos will enable scalable computing and layer 2 oracles on all bridged blockchains.
“Animoca Brands and Cudos firmly believe in bringing NFT and DeFi in games to millions of users. Animoca Brands’ consumer focus is very consistent with our vision; adopting Cudos technology for large-scale gamers and developers building on the Cudos network DApps provide potential.”
– Nuno Pereira, Vice President of Partnerships at Cudos
Cudos is also a distributed computing platform, hardware suppliers can use the free time of their hardware to profit, while providing:
- Blockchain is the second layer, Turing complete Calculate ability.
- A small part of the cost of cloud services, with extended personalization and functionality.