2020 was a rollercoaster ride, there are many words you could use to describe last year, it definitely had its ups and downs. For the crypto market, it seems like last year ended on a high. With Bitcoin soaring past its previous all-time high at $20k to new heights at around the $29k mark, coupled with the CME announcing the launch of Ethereum futures and PayPal announcing that they will allow users to buy, sell and store multiple cryptocurrencies on their platform, 2021 is looking bright for the crypto space. However recently Ripple has encountered some issues with the SEC and thus the rollercoaster ride continues.
Here at CUDOS we’ve come a long way on our journey, and have taken massive steps towards achieving our goal to decentralise the cloud and support the web’s evolution into Web 3.0. Our team has grown, and so has our community, we’ve had to make a few adjustments along the way but have hit many milestones and are on track to hit many more! Let’s take a look at the roadmap to see what we’ve achieved and what lies ahead.
2018 — was a year in which we focus on building, a lot of time was invested in research & development.
Q1 2019 — Our focus was on creating incentives for early adopters, specifically in the mining community. Crypto mining was the use case which had 100% monetisation and helped us to prepare for use cases such as distributed computing.
Q4 2019 — Tech giant AMD joined us as a technology partner, not only was this another huge step for us, our partnership with AMD aligned perfectly with our goal to create a distributed cloud network. One thing we have in common with AMD is our target audience, whether it be gamers, miners or users looking for the best most efficient compute power. Because of this and AMD’s continued drive towards innovation in the blockchain space, this partnership is a great fit and laid the foundation for a symbiotic relationship.
Q1 2020 — We took a big step during this period, here at CUDOS we made a major strategic switch to B2B to provide mining farms with a fully functioning farm management platform, whilst simultaneously laying the foundation for the compute platform and securing significant supply to the Cudo network.
Q2 2020 — Another major milestone was hit, we hit 100k users globally!
Q4 2020 — Our work with AMD continued to develop and blockchain gaming platform Ultra joined us as a partner!
Q1 2021 — 2021 is an exciting year for us as not only are we launching our CUDOS token, we also plan to launch the live testnet for our CVN (CUDOS Validator Node) live with 100 validators, providing layer 2 solutions for blockchains.
As well as that, together with AMD we will be including AMD’s SEV (Secure Encrypted Virtualization) & SME (Secure Memory Encryption) technology to the CUDOS network to help to secure it even further.
To find out more about what we’re currently working on please visit our website or click on one of the social media links below.
