Telos foundation welcomes nuclo.cloud. The first government backed blockchain project in Germany according to Reddit.
As the first blockchain to receive a grant from the Federal Ministry of Economy (2018), nuco.cloud‘s innovative team developed a set of DeFi products which will allow you to monetize unused processing power on phones, computers or servers. This is made possible by the advent of decentralized supercomputers that offer instant payments in the form of NCDT. Users can then use the tokens to buy more computing power on the nuco.cloud platform or exchange it for other cryptocurrencies or FIAT currencies.
The global cloud computing market is expected to grow to approximately $950 billion by 2026, and there are few viable energy sharing and utilization solutions to mitigate this tremendous growth. Therefore, nuco.cloud‘s proven technology aims to create a future where individuals, small businesses and large businesses can all benefit from a decentralized cloud computing platform.
The Telos Community will actually have benefits from this project. Because it will give them the opportunity to learn about the first-ever government-funded crypto project in Germany and monetize the unused power of several networks, phones, computers or servers. They’ve choose to build on Telos for their native token due to the possibility of offering the fastest and high cost-effective transactions for their miners. The team was actually impressed by the Telos team.
A shared economic platform for network computing based on BOINC (Berkeley Open Infrastructure for Network Computing). Originally developed in 2002 by a team at Space Science Laboratory to support scientific research that requires extensive computing.
Telos EVM
The most powerful and scalable Ethereum Smart Contract platform available today built to power Web 3.0. Telos features a robust, third-generation, ESG compliant evolutionary blockchain governance system inclusive of smart contracts, advanced voting features, and flexible and user-friendly fee models. Telos supports the blockchain ecosystem by serving as an incubator and accelerator for decentralized applications through development grants.
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