Ultra integrates Cudo technology for its one-click mining application
After announcing Theta, Atari and The Sandbox, today we are proud to announce the integration of Cudo, providing new ways to earn UOS for Ultra’s gaming community
The One-click mining application will enable Ultra’s gamers to securely share their spare computing capacity to process crypto mining and a wide range of workloads such as video rendering, AI computing and medical research, which can generate up to 3x to 4x more earnings than traditional cryptocurrency mining. Cudo automatically monitors and selects the most profitable workload available, ensuring Ultra’s gamers maximize their revenues.
Earnings will automatically be converted to UOS which will be bought on markets and sent to the Ultra user’s wallet. Receiving UOS will allow Ultra’s users to participate in our ecosystem without any friction, enabling them to purchase games, in-game assets (NFTs), tip their favorite streamer, participate in tournaments, or even stake to get rewarded with more UOS.
In addition, Cudo’s current install base of over 140,000 users will be able to receive their earnings in UOS, increasing further the demand for UOS and the awareness of Ultra.
“We’re extremely excited to be working with Ultra. This relationship provides Cudo with access to millions of gamers around the globe and enables them to participate in the sharing economy of computing power. We see a future in which it becomes second nature for gamers to use their spare computing power to pay for new games or items on the Ultra platform!”
Nuno Pereira, Cudo’s Vice President of Investment and Partnerships.
“Cudo creates a unique opportunity for Ultra to increase brand loyalty by enabling our community to use their spare compute capacity to earn UOS. ‘Ultra Miner’ is simple to use, with optimization and selection of the most profitable deal to compute, fully automated. Earnings are used to purchase UOS on market and sent to the user’s Ultra Wallet.
This innovative partnership is paving the way for distributed computing power which has tremendous value for the games industry.”
Nicolas Gilot, Co-CEO of Ultra.
About Ultra
Ultra is the first entertainment platform providing all key games industry services under a single roof, accessible through a single login.
Built around our PC games distribution store, Ultra Games, our platform will provide access to countless centralized and decentralized services: Discover, buy, play and sell your games and in-game items, watch live-streaming feeds, interact with your favorite influencers, participate in contests, compete in tournaments, and much more.
Ultra has been built to provide endless value for players, a fair playing ground for developers, and a whole new world of opportunities for the games industry.
For more information, visit ultra.io and onultra.io and follow along on Twitter, YouTube, Telegram, and Discord.
About Cudo
Cudo is transforming the way in which we use billions of dollars of underutilized tech assets to create a cleaner, cheaper and a more equitable world.
Our monetization platform is used in over 145 countries, providing automated value that is reliable and optimized to every user and organization according to their needs.
Cudo is a collaborative consumption network ecosystem, which provides low-cost, high-performance solutions for compute-hungry applications, such as machine learning, blockchain applications, A.I. and rendering.
For more information, please visit https://www.cudocompute.com
