Animoca Brands, a company specializing in digital entertainment, blockchain and gamification, announced that it has invested in and partnered with Cudos, a decentralized cloud computing network.
In particular, the partnership will enhance the Animoca Brands ecosystem with a low-cost computing and layer 1 and layer 2 block computing network for multi-chain strategy blockchain games and NFT projects.
“We are delighted to invest in Cudos and in his solutions of layer one and two highly scalable and of low cost; which seem ideal for blockchain games and NFT-based initiatives. We look forward to collaborating on several projects. “
– Yat Siu, president and co-founder of Animoca Brands
Cudos guarantees decentralized and unauthorized access to high-performance computing and allows computing resources to be scaled to hundreds of thousands of nodes
Once connected with Ethereum, Algorand, Polkadot and Cosmos; Cudos will allow scalable calculations and layer 2 oracles on all bridge block chains.
“Animoca Brands and Cudos strongly believe in bringing NFT and DeFi into games to millions of users. Animoca Brands customer service is well aligned with our vision; offering the potential for large-scale player adoption of Cudos technology and developers building DApps on the Cudos network. “
– Nuno Pereira, Vice President of Cudos Partnerships
Cudos is also a distributed computing platform where hardware vendors monetize their hardware downtime, providing:
- Blockchains a layer 2 computing capability, complete by Turing.
- Cloud services at a fraction of the cost and with extended customization and functionality.