CUDOS is ready to lead the DePIN category 👀

in #depin • 9 months ago (edited)

Create a image of decentralised blockchain ecosytem with CUDOS written in the image.png
DePIN is coming out as a new leading trend in the crypto space, and many projects are coming in this category to utilise the trend, but there are many projects that have been tiredlessly building in this category for the last several years. One of them is CUDOS. CUDOS is building a decentralised compute infrastructure for Web3 users and products. If you think CUDOS is a new project, you can go to my profile and just scroll a bit, and you will find more than 3-year-old blogs about CUDOS.

Now, coming back to the topic in this article, you will learn what DePIN is and how CUDOS is leading the space.

What is DePIN?

DePIN stands for Decentralised Physical Infrastructure Networks, but I guess you are not here just for the full form 😅. So to understand DePIN in simple words, you can think of a project building a service model around physical or digital infrastructure in a decentralised manner or by utilising a blockchain infrastructure, which can be classified as a DePIN project. I have tried to explain DePIN in the simplest way possible. If you want to learn more about DePIN, you can explore the below-mentioned report to understand it in depth.

Report by Binance reasearch:- DePIN: An Emerging Narrative

Here's an image that showcases the categories of DePin 👇

CUDOS and DePIN Narrative

CUDOS has been in development since 2017 with the core goal of building decentralised cloud infrastructure for all web3 needs in a single place. After years of tired development and many high-class partnerships, CUDOS finally launched its much-awaited web3 compute platform, CUDOS Intercloud, in January 2021. and after the launch, CUDOS has seen so many positive developments where many projects have already started using intercloud for their compute needs, and many are in talks with the team.

CUDOS has been featured in many reports where it is classified as a DePIN project under compute division. Check out this report by Binance Research where CUDOS is mentioned with brief info about it.

CUDOS has initially launched CUDOS intercloud in the Cosmos ecosystem, which will soon evolve into a multichain platform as CUDOS already has partnerships where CUDOS will extend CUDOS intercloud offerings to chains like Algorand and EGLD.

If you want to explore how CUDOS intercloud is different from competitors, then you can read this article by the official CUDOS team:- Embracing the Future of Web3 Cloud Computing

But CUDOS is not limited to the DePIN trend. CUDOS is also categorised in AI, Layer-1 and Layer-2, and DeFi categories. Recently, platforms like Coingecko and Coinmarketscap started showcasing many of these tags with CUDOS.

If You have any question about CUDOS you can ask them in comments.

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++I hope you enjoyed reading this article. Please consider upvoting this article for more such articles on other projects.++

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