Cudo celebrates an exciting future, shoulder to shoulder, with Moonrock Capital
United Kingdom — 29th March 2021. Moonrock Capital will be joining the Cudos validator network, further supporting the ecosystem, and providing delegated staking services to their network of crypto investors.
Moonrock Capital is the latest big name to join the Cudos validator network. As highly active community members, Moonrock Capital brings significant value to the Cudos network and demonstrates further support for the ecosystem by becoming a validator.
“CUDOS has all the right components to not only perform very well within the crypto space, but also gain interest from users and investors outside of this industry, and they have proven to be capable of that. We are impressed by the technology and strength of the team behind CUDOS. While the idea of decentralized cloud computing has been a topic for years now, CUDOS is the first project we truly trust, in being capable of delivering on their vision. This trust ultimately led to our decision to become a validator node provider for the CUDOS network.” — Jonathan Habicht, Managing Partner, Moonrock Capital.
Cudos fits neatly into the Moonrock Capital’s thesis of companies innovating within the Blockchain space.
“We are delighted and proud to have the support and friendship of Moonrock Capital behind us! Their team is extremely knowledgeable and, perhaps most importantly, they’re a truly ‘down to earth’ team that are passionate, driven and dedicated to helping young start-ups and more established projects accelerate their growth and thrive in this industry. We have strategically aligned ourselves with Moonrock Capital because we both share a deep commitment to the vision of ‘Making Better Use of the World’s Computing Power’ and delivering the CUDOS network to market as the ‘AWS of Distributed Cloud Computing”. — Nuno Pereira, VP of Partnerships, Cudos.
About Moonrock Capital
Moonrock Capital is a Blockchain Advisory and Investment Partnership based in London and Hamburg. We believe Blockchain technology and cryptocurrencies will drastically change the way industries and markets operate on a global scale. Therefore, we are dedicated to helping young start-ups and more established projects accelerate their growth and thrive in this industry. We develop unique growth strategies focused on the key aspects of blockchain business by leveraging key relationships and our experience in this industry.
Cudo is bridging the gap between Cloud and Blockchain, by using the world’s available computing to power a more decentralized, sustainable and connected world.
Cudos is being designed as a cross-chain, decentralized compute network, with CUDOS as the utility & infrastructure token designed to empower Web 3.0 operations on the network. The Cudos network will enable anyone to sell or consume excess computational resources, either via blockchain/smart contract or through more traditional cloud computing API’s.
In essence, what this means is Cudos will be one of the few networks which can power other blockchains and scale to the demands of cloud computing required today.