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MELD is thrilled to announce the latest partnership with a decentralized computing network Cudos!
Cudos is building an ecosystem to support financial growth and inclusion in emerging African countries. In this, both Cudos and MELD are highly aligned, leading to this strategic partnership agreement.
About Cudos
MELD x Cudos
MELD x Cudos x Tingo
Integration of Cudos network into the MELDapp
Cudos is powering the metaverse bringing together DeFi, NFTs, and gaming experiences to realize the vision of a decentralized Web 3.0. We’re an interoperable open platform launchpad that will provide the infrastructure required to meet the 1000x higher computing needs for the creation of fully immersive gamified digital realities. Cudos is a layer 1 blockchain and layer 2 community-governed compute network designed to ensure decentralized, permissionless access to high-performance computing at scale. The native utility token CUDOS is the lifeblood of the Cudos network and offers an attractive annual yield and liquidity for stakers and holders.
The underlying platform, live in over 145 countries, across enterprise and edge environments, and used by over 250,000 users, would be a decentralized computing layer bridging on-chain and off-chain resources. It also provides a secure, Turing-complete layer 2 blockchain through the Cudos network and provides a cost-effective, low-latency alternative to the hyperscale cloud providers.
The Cudos token’s utility includes network governance and operations, a staking mechanism for receiving blockchain and cloud workloads, and a medium of exchange (MoE).
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