CUDOS Foundation announces two new grant recipients
The Cudos Foundation has granted money to more than five projects since it launched last year. The Cudos Foundation has been formed to support projects wishing to utilise the Cudos blockchain and the Cudos ecosystem. The Cudos Foundation recently announced two new grant recipients as part of a series of funding programmes for initiatives and projects that benefit the larger Cudos ecosystem. I’ll try to explain what these projects are doing and how they will help the Cudos ecosystem in this article. So let’s begin.
UFF Sports
UFF Sports is a fantasy sports platform that is bringing the ultimate ownership model to the fantasy sports industry with the help of blockchain. With UFFS, you can build and grow your own sports franchise, or you can simply participate in other games. Learn more about UFFS on their official website.
UFFS is migrating their platform to the Cudos blockchain because of its unique offering, which includes blockchain compute support, which reduces the operating cost of the platform for the UFFS team. To support their choice of choosing CUDOS and becoming a world-class fantasy platform in the industry, the CUDOS Foundation has chosen UFFS as one of their grant recipients to support their growth.
I believe this grant can help onboard millions of users into the Cudos ecosystem, which can boost the market presence of Cudos as a standalone project. UFF Sports operates in a sector that can easily onboard millions of users on their platform, which ultimately benefits the Cudos ecosystem.
” We are looking forward to welcome UFF Sports to CUDOS which will increase the number of transactions on our blockchain. Our team at the Foundation is delighted to have a novice project that brings Cudos closer to the broader audience of gamers and Web3 enthusiasts” — says Lee Woodham, Chairman of Cudos Foundation and COO of CudoVentures.
Learn more about this grant:-UFF Sports becomes Cudos Foundation’s fourth grantee, to grow the CUDOS blockchain!
Mpowa- disaster response platform
Mpowa is a social cause platform that is building a crowd funding platform to support affected communities. To make their platform more transparent and traceable, they have chosen to build on the Cudos blockchain, where they will utilise NFTs to achieve their goal. To support their greater good initiative and incentivize them for building on the Cudos blockchain, the Cudos Foundation has decided to choose them as a grantee.
Supporting the greater good always comes first, and when some projects from that background apply for grants, they can be given a preference based on the background of what they are doing. These steps also help CUDOS to bring smiles to thousands of faces.
“We are proud to support Mpowa in its mission to create an innovative and transparent solution for disaster response. The successful implementation of this platform has the potential to save lives and alleviate suffering in communities affected by disasters” says Lee Woodham, Chairman of Cudos Foundation and COO of CudoVentures.
Learn more about this grant:- Cudos Foundation Awards Grant to Mpowa for Innovative Blockchain-Based Disaster Response Solution
About Cudos Foundation
The Cudos Foundation, was launched to serve as a catalyst for the development and growth of the Cudos blockchain network in support of becoming the preeminent leader in decentralised cloud computing. With grant opportunities between $5,000 and $250,000, the Cudos Foundation is known to show a particular interest in DeFi, NFT, metaverses, gaming, infrastructure tokenisation and mass adoption-focused tools and bridges, pioneering and expanding on the idea of decentralised, permissionless access to high-performance computing at scale.
Learn more about CUDOS and The Foundation:
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