CUDOS/USD: Convert CUDOS (CUDOS) to United States Dollar (USD)

CUDOS is a decentralized, blockchain-based network that aims to provide access to sustainable and scalable distributed cloud computing resources. Launched in 2022, CUDOS is a proof-of-stake layer 1 built on the Cosmos ecosystem, striving to become the default computational layer for all major chains. The network is 100% carbon-neutral and uses the Tendermint and IBC protocols for governance and interoperability. CUDOS was developed by the team that founded CUDO Ventures in 2017, with a vision to create a more sustainable cloud and blockchain model accessible to the rapidly expanding web3 developer community.

CUDOS operates by providing a scalable Layer 1 and compute oracle solution, connecting sustainable on-chain and off-chain infrastructure to the network through smart contracts and APIs. This addresses the challenge of scalability and the lack of native access to general and high-performance computing resources in the blockchain realm. The CUDOS network is secured using the Byzantine Fault Tolerant Bonded Proof of Stake mechanism, as featured in the Cosmos SDK, known as Tendermint Core. Validators within the CUDOS network stake a specified amount of CUDOS to earn transaction validation fees, ensuring the network's security and reliability.

CUDOS aims to equip developers with the tools, ecosystem, and interoperability needed to create, publish, and operate their decentralized applications (dApps) and tokens. The potential use cases for CUDOS encompass a wide range of applications, including AI, digital twinning, the metaverse, the tokenization of real-world assets, and Web3 node infrastructure. Whether developers aim to tokenize a sustainable Real World Asset or drive the neural network supporting their DeFi application, CUDOS seeks to offer an ultra-scalable, cost-effective, high-throughput network with cross-chain and multi-chain capabilities.

CUDOS was developed by the team that founded CUDO Ventures in 2017, including CEO Matt Hawkins, a recipient of multiple entrepreneur awards for his previous rapid-growth tech companies. The CUDOS blockchain was launched in 2022 after years of focused development aimed at bridging the gap between blockchain and cloud technologies. The team boasts extensive experience in cloud and blockchain technologies, having previously established and successfully exited the UK's largest privately owned data centre and cloud aggregation business. The advisory board includes prominent figures such as David Juxon, former Managing Director of Bank of America; Chris Deering, former President of Sony Entertainment (PlayStation); Joerg Roskowetz, Director of Blockchain for AMD; and Maggie Fang, an early investor in Uber and Alibaba.