Why do I believe in CUDOS so much?

Sumit Shukla
3 min readMay 12, 2023

Sometimes the crypto market is very unfair to strong projects, especially in a bear market. This allows all crypto investors to find great projects that are truly building and invest in them. I believe Cudos is one of those projects that is heavily undervalued because of current market conditions.

As I recently published an article saying that I have staked 2 million CUDOS, many community members asked me why I have staked that much. What are the reasons that you believe in CUDOS? So, apart from being undervalued because of market volatility, there are many more reasons I believe in CUDOS, about which I have talked many times. In my previous writing, but in this article, I will focus on new and trending reasons why I am so bullish about Cudos.

CUDOS blockchain compute

From day one, CUDOS was focused on building decentralised computing, and the team’s experience in the computing industry is helping them very well. Alongside that, CudoCompute, which is web2-focused, is doing very well since it was launched last year. Now CUDOS was building decentralised computing options for Web 3. And recently, CUDOS achieved a big milestone when they announced the technical preview of CUDOS blockchain compute, which is now live on the CUDOS blockchain. To use that, you only need a few cudos in your wallet. The technical preview of CUDOS blockchain compute is still live; you can go and try it yourself.

Cudos Blockchain compute:- https://compute.cudos.org/

CUDOS markets upcoming launch

CUDOS Markets, previously known as AuraPool, is a new product by the CUDOS team that is launching on the CUDOS blockchain. CUDOS Markets is an NFT marketplace that will bring real-world tokenized infrastructure to the CUDOS blockchain. Nowadays, Cudos Markets is getting popular for their bitcoin hashrate NFTs. These NFTs are going to be backed by real bitcoin mining farms, which will generate bitcoin for you. But CUDOS Markets is not just going to be limited to these hashrate NFTs; many new tokenized infrastructure projects are yet to come. So keep an eye on CUDOS Markets on Twitter and Discord to stay updated on the latest information.

AI projects coming to CUDOS

AI projects are quite a big trend in 2023, and that also impacted the crypto industry. We have seen many AI-related projects going 10x even when they are not directly related to the AI industry, but one that is very crucial for AI hasn’t gotten that much attention, I am talking about cloud computing, which is what CUDOS is building. But I believe CUDOS is not a hype team; it is building real-world utility, and now we are witnessing that. Recently, CUDOS CEO Matt Hawkins teased that generative AI projects like Mid-Journey are coming to the CUDOS blockchain.

Tweet Link👇

This makes me wonder how dramatically the utility of Cudos is increasing. Everything that I have told you in this article is based on recent updates. If you start reading about Cudos, you will be amazed at how amazing it is with its fundamentals, with so many great partnerships, and with great initiatives.

Conclusion

In conclusion, there are many compelling reasons to believe in the potential of Cudos. From the team’s experience in the computing industry to their focus on building decentralized computing. The recent developments, such as the technical preview of Cudos blockchain compute and the upcoming launch of Cudos Markets, demonstrate the team’s progress in building real-world utility. With the addition of AI projects to the Cudos blockchain, the potential for growth and diversification is immense. It will be exciting to see how the project continues to develop and contribute to the Web 3 ecosystem.

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