Next generation cloud

The demand for computing power has never been so high, from video rendering through to medical research, a wide variety of global organisations require external hardware in order to achieve their desired outcomes.

What if your computer, console, or smartphone could instantly earn you money when you are not using it and be harnessed to benefit a new ecosystem? An ecosystem where hardware owners become suppliers and businesses benefit from lower costs?

Today there are…

over 2 billion PCs
2.7 billion smartphones
100’s of millions of games consoles
over 30 billion IoT devices

There’s over $1 trillion spent annually on IT hardware.

Yet up to 50% of the time this infrastructure is sat there either idle or turned off.


A greener, more cost efficient Next Generation Cloud platform

Cudo has created the technology that connects consumers of cloud computing, to providers looking to monetise their underutilised hardware. By creating this Next Generation Cloud platform, Cudo is able to provide organisations with up to 10x more cost-effective computing.

Read our Cudos Sharing Economy survey report here


A platform that benefits both Consumer and Provider
Consumers winning

Up to 10x savings compared to other cloud platforms

Hardware owners winning

Instantly earn from your hardware

Environment wins

Better use of underutilised hardware

As seen on
Cudo’s in-house developed Profit Engine automatically sends any device the most profitable workload
Automatically rents out computing power easier than ordering an Uber
Automated and frictionless payment between Consumer and Provider
Fiat and cryptocurrency alternatives also available for both Consumer and Provider
For buyers
Lower infrastructure costs
Instant scale for true elasticity
Optional end-to-end encryption
Ease of deployment through automated distribution of workloads
A a greener more environmentally sustainable cloud solution
For sellers
Monetise your idle hardware (servers, PCs and laptops) by filling your spare capacity for a better return on your hardware investment
Generate passive income from your unused hardware
Donate your hardware resources to charities and good causes
Reduce IT wastage
CPU cores
Storage TB
Cudos map of nodes

The Applications of Compute

Cloud computing already uses around 20 million servers, and this number is rapidly increasing. By adding to the network the billions of electronic devices that are spread around the world, distributed computing is the bridge to the mass-adoption of this revolutionary technology.

Use cases include include:
Scientific research
Data Analytics
Image analysis
Video Rendering


Q3 2017
Market research
Blockchain research
Testing of compute hardware and software
Q4 2017
Seed investment of $2m from founding team
Cudo Ventures formed
Core Team established
Established test mining farm
Initial platform research & development
Q1 2018
Research/test mining and compute software available
Development of browser based compute miner
Developed proof-of-concept browser based compute miner
Development of Cudo Donate
Launch of websites
Q2 2018
User portal development
Launch of Alpha Cudo Donate
Initial ten Alpha test charities onboard
Launch of Alpha Cudo Miner
Wallet and withdrawal support
Q3 2018
Development of core platform including finance, intelligence and statistics
Building of profit engine to select the most profitable workloads
Building of workflow engine to distribute workloads
Building of telemetry and statistics engine
Q4 2018
Beta versions of Cudo Miner and Cudo Donate launched
Initial 10,000 users in over 130 countries onboarded
Linux support
Referral program goes live
Profitability optimisations
Q1 2019
Open Beta launch of Cudo Miner
AMD and NVIDIA optimisations for higher performance
Remote device management & overclocking
General user revenue
Web app version of the platform
Q2 2019
Mining farm optimisations
Multi-language options offered
Development of CudoOS, a dedicated operating system for distributed compute
Initial integrations with third party distributed computing
Q3 2019
Over 5,000 concurrent active users
Distributed computing research & development
Initial Token Model development
Smart contract development
Long term partnerships secured in the blockchain, gaming and hardware sector
Q4 2019
White label goes live with first partners
Added multi-factor authentication (MFA)
Compute pricing model development
Q1 2020
Launch of Cudo Mining pool
Launch of advanced version of Cudo management platform for mining farms (ASICs and GPUs)
Q2 2020
CUDOS token staking launch on testnet for users
Q3 2020
MVP release of Cudo Compute supporting first non-mining compute workloads. Serving first
Q4 2020
Launch of staking on mainnet allowing suppliers to get a discount on platform fees


Led by serial tech entrepreneur Matt Hawkins who sold his previous cloud and infrastructure company in 2016 Cudo’s highly experienced team of technologists, strategists and marketeers, with resumes including, Vodafone, American Red Cross and Warner Brothers are joined by world class advisors including the Ex-President of Sony Playstation, Chris Deering and the CEO of Award winning app development company 3 Sided Cube, Duncan Cook.

With over 16 years experience as a cloud and infrastructure service provider and an extensive network of industry contacts, including several enterprises that will become early Cudo Compute consumers. In addition, a working proof of concept, Cudo Miner, is already generating revenue with users in over 130 countries. This network, comprising of tens of thousands of crypto miners, gamers and service providers, will become early Cudo Compute providers.

The power of idle computers on desks and under TV sets around the globe is a sleeping giant that deserves to be wakened in service to the emerging AI frontiers of science, finance and entertainment. Cudo is at the forefront of this wave, which can facilitate charitable endeavours as well as commercial pursuits.
Matt Hawkins, CEO
Lines of Code

Core team

Matt Hawkins
CEO & Founder
Founder of numerous tech businesses including C4L, a co-location, connectivity, cloud and communications provider that won fast growth awards from Times Tech Track 100, Deloitte UK Top 50, and Deloitte EMEA Fast 500. Matt ran C4L for 16 years, going on to sell it to investors in 2016 in order to finance Cudo Ventures.
Peter Willis
Team Lead
20 years of experience in web and mobile software development as a Co-Founder and Director of Sycora. An expert in architecting, designing and developing platforms and services that require access to millions of data points, specialising in software process improvement and software engineering innovation.
Richard Poole
Lead Developer
19 years of experience in software engineering and web development, Sycora co-founder Richard is skilled in front and back-end development and full stack development and design.
Andrew Sturmey
Engineering Director
20 years of industry experience in software development and solutions. Andrew has extensive experience in building platforms that support hundreds of thousands of users and that require the highest levels of uptime and resilience.
Nuno Pereira
Partnership Director
Experienced in building B2C and B2B relationships and creating strong strategic relations. Nuno was Group Sales Director for Foresolutions, responsible for the sales and marketing of the three companies within the group.
Pete Hill
Partnership Director
With 11 years of IT industry experience Pete has managed a 150-strong partner channel at C4L that included over 30% of the top 100 managed service providers and value added resellers.
Mia Whitewood
Senior Business Development Manager
Mia joins Cudo with 23 years in IT & Cloud across EMEA & ASIA PAC and will drive the success and growth of Cudo Compute. Mia excels in delivering strategic business value and has driven profitable growth at major start-ups and global players including;, Pipex, UUNET, Rackspace UK and, & RedEye Apps in Australia.
Sean Berry
Hardware Architect
With a BEng (Hons) in Medical Electronic Design, Sean has experience in solving problems in fields of scientific computing such as system dynamics and fluid dynamics.
Joan Garcia Tomo
Data Scientist
Holds a PhD in Theoretical and Mathematical Physics from the University of Southampton. Prior to joining Cudo, Joan worked primarily in education at the Universitat de Barcelona and the University of Southampton.
Victor Leach
Software Engineer
Has a First Class Honours degree in Games Programming. Victor has gained experience in a number of software developer roles as well as directing his own limited company, Vmlweb, offering various development services.
Joe White
Software Engineer
Studied Digital Media Design at Bournemouth University with a specialisation in Web Development. Gained experience as an intern web developer at Zeta Agency before taking on a role at Mad River Ltd. as a junior web developer.
Beb Nasseri
Beb was a network engineer at NSFOCUS and C4L before joining Cudo, with 15 years' industry experience within IT infrastructure/networking and a Computer Science BSc from UCL.
Ashley Smith
Digital Marketing Executive
Ashley has significant post-university experience in marketing, acquiring a level 4 certificate in digital marketing from the Chartered Institute of Marketing. Before joining the Cudo team, Ashley worked as Digital Marketing Apprentice at IDE Group.


Maggie Fang
Founder & CEO of Wynsun Capital Management
Founder & CEO of Wynsun Capital Management, a PE fund whose portfolio includes Alibaba, Uber and WeWork. Maggie also is an adviser to early and growth stage tech companies in the fields of social media, AI, blockchain, etc. Previously, Maggie worked in the prestigious Banks Goldman Sachs and Morgan Stanley.
Jonas Sevel Karlberg
CEO & Founder AmaZix
Founder of AmaZix and the co-founder of the Nordic Blockchain Association. Jonas has more than 20 years of commercial experience working in retail operations management, business IT systems development and franchise management for some of the world’s largest brands.
Joshua Riddett
Founder of Easy Crypto Hunter
Founder of crypto service provider Easy Crypto Hunter, Josh has keynoted at major blockchain and cryptocurrency conferences as well as consulting and advising for some of the biggest names in the industry and mentoring new blockchain companies.
Duncan Cook
Founder, 3 Sided Cube
Founded award-winning app development company 3 Sided Cube in 2009 whose clients include Lloyds, Red Cross and RNLI. Duncan’s apps have been recognised for saving lives, receiving over 10 million downloads.
Philip Forte
Partner BlockVentures Coalition
Partner at the BlockVenture Coalition (the world's largest alliance of university blockchain groups & VC funds). Founder & former President of the Blockchain Group at Carnegie Mellon University. Previously an Institutional Asset Management Analyst at PNC.
Tyler Wellener
Partner BlockVenture Coalition
Tyler is a partner at the BlockVenture Coalition. He has experience working as an Associate at Struck Capital Crypto and a Consultant at Deloitte.
Dr. Jeppe Stokholm
Partner & Head of Legal AmaZix
Lawyer and venture capitalist based in Zürich with a PhD in international taxation and expertise in Corporate Affairs. Jeppe is Equity Partner in AmaZix and Head of Blockchain Business Development in Black Swan Equity Partners LLP (UK) and Chairman of Black Swan VC 1 (Black Swan Investments A/S).
Chris Gale
Serial Entrepreneur
A serial entrepreneur with a passion for digital and advertising technologies. Co Founder at, an attention based platform for video rewards which raised $18m in an ICO in 2018. Founder of an early rich media mobile ad platform which sold to Phunware Inc. which went public reaching a market cap of $2.6B. He is also an active investor and advisor in web 3.0 businesses.
Craig Fletcher
Founder & CEO Wicked Sick Limited
Craig founded Multiplay in 1997 and led its growth to become the UK's largest video gaming events and Esports company, as well as the largest provider of online gaming servers - acquired by GAME Digital PLC in 2015. Craig then led the strategy and partnerships around Esports and competitive gaming for the GAME Group, until leaving in 2017. He now acts as a business angel, consultant and investor in the Esports, media, tech and video gaming space.
Malcolm Tuck
MD of ESET, ex MD of Kaspersky
Malcolm is an experienced senior executive and current Chairman of JAM Technologies Limited. Previously a Board member and Managing Director of Kaspersky Lab the worlds 3rd largest, IT Security vendor. Malcolm joined Kaspersky in 2008 as UK MD and achieved significant market share over an 8 years period.


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