Cudo is proud to officially welcome the BlockVenture Coalition to the CUDOS Validator Network as a Validator to the Decentralised Cloud Network.
US-based BlockVenture Coalition (BVC), an alliance of blockchain VCs and university blockchain groups, are now confirmed as an operator on the CUDOS Validator Network (CVN). Founded by Philip Forte and Tyler Wellener in 2018, BVC boasts a global network of universities and VCs aiming to be a bridge into the space for web 3.0 companies like Cudo.
“BVC has been a key partner to Cudo since April 2019, so we’re delighted to secure their status as a validator on the CVN. This shows full confidence in our network model and token economics, whilst also bringing a key strategic region to the CVN.” noted Pete Hill, VP of Sales at Cudo.
“We see Cudo and their CVN powering web 3.0 applications and ecosystems in the near future, and we want to be part of this new decentralized cloud model. This space is going to scale tremendously over the next few years, so becoming an early validator to a business that we have been working extremely closely with for over 18 months was a no-brainer.” said Philip Forte, Partner at BVC.
Early validators to the CVN will receive staking rewards of up to 30% with initial multi-chain support for Ethereum and Algorand blockchains.
To find out more, contact enquiries@CUDOS.org.
Cudo offers a wide range of compute solutions allowing organisations to develop, deploy, run, and scale applications and workloads in the world’s first sharing-economy computing platform.
Cudo’s new utility token CUDOS is launching in January 2021. Find out more, including how to partake or become a CUDOS validator, at www.cudos.org.