Nuco.cloud is a revolutionary distributed computing cloud, aiming to transform the cloud computing landscape.
It's likened to a car-sharing app for computing power, democratizing access to powerful computing resources and addressing the challenges of traditional cloud models. This innovative and sustainable approach to cloud computing is designed to revolutionize the industry. Additionally, as the first blockchain project in Germany to receive a grant from the Federal Office of Economics and Export Control (BAFA), it highlights a commitment to a sustainable future. Nuco.cloud and its professional version, nuco.cloud pro, offer user-friendly and highly automated access to computing resources for both individuals and businesses. It stands out as the world's first decentralized mesh hyperscaler by merging BOINC's distribution technology with the computational strength of professional data centers.
The nuco.cloud project originated when Tobias Adler, its founder, was developing a trading robot for stock trading that required substantial computing power. Finding that mainstream computing power suppliers were too costly and demanded long-term contracts, Adler, along with Matthias Klees, explored alternative solutions. This exploration led them to BOINC, an open-source solution. However, BOINC was primarily for scientific projects and not user-friendly, prompting the need for a more accessible alternative. Consequently, the nuco.cloud was established in 2018, aiming to offer user-friendly, decentralized cloud computing solutions for both individual and professional users.
In 2018, it became the first blockchain project in Germany to receive BAFA funding from the Federal Office of Economics and Export Control. The period of 2019-2020 was pivotal, witnessing the development of nuco.cloud products, the ICO launch, and a partnership with CUDOS. Between 2021 and 2022, the project reached the final stages of product development, conducted successful beta tests, launched a liquidity staking pool, and received a significant grant from the German Aerospace Center (DLR). In 2023, nuco.cloud saw the successful creation and launch of its PRO and CUSTOM servers, integration of various payment methods, and the development of nuco.cloud GO along with service add-ons.
As of 2023, nuco.cloud has made significant progress and updates:
Product Launches: In February, the first servers called nuco.cloud PRO & nuco.cloud CUSTOM were successfully created, followed by internal testing in early March. Plans for a public launch of these products were set for April, along with the testing of nuco.cloud GO. The company also focused on integrating a price comparison tool and testing it for government grants.
Token Listing and Economics: In November 2023, nuco.cloud’s native token, NCDT, was listed on the MEXC Exchange, enhancing its accessibility and liquidity. NCDT tokens are capped at 50 million, with 25 million in circulation, 12.5 million reserved by the company, and the rest allocated for staking pool rewards and marketing. Payments made with NCDT on the nuco.cloud GO platform see 70% of the payment going to the miner and 30% reinvested into nuco.cloud.
Liquidity Staking Pools: Nuco.cloud introduced open liquidity staking pools, offering token holders the opportunity to earn rewards and contribute to the NCDT ecosystem. These pools are capped and designed as a limited opportunity for participants.
Future Developments: Looking ahead, the company plans to launch nuco.cloud GO, list on larger exchanges, begin rounds of fundraising, and develop a storage product with advanced encryption and an intelligent search engine. They also aim to launch a tool to avail government grants.
Explore the tokenomics of nuco.cloud (NCDT) and review the project details below.
What is the allocation for nuco.cloud (NCDT)?
The total supply of NCDT is 50 million(Token amount is fixed, similar to BTC, and cannot be increased),here’s the detailed allocation of it:
What is the supply schedule for nuco.cloud (NCDT)?
For the company reserve , which is immediately usable for the reasons like Marketing, Influencer engagement and nuco.cloud Staking Pool Rewards. The flexibility with the company reserve ensures efficient project execution for the best outcomes for the company & customers. The company reserve is planned to be 25% (12.5 mln token) and circulating supply 75% (37.5 mln token) in the long term, which means the project may buyback the token for long term usage.
Nuco.cloud is a revolutionary distributed computing cloud, aiming to transform the cloud computing landscape.
It's likened to a car-sharing app for computing power, democratizing access to powerful computing resources and addressing the challenges of traditional cloud models. This innovative and sustainable approach to cloud computing is designed to revolutionize the industry. Additionally, as the first blockchain project in Germany to receive a grant from the Federal Office of Economics and Export Control (BAFA), it highlights a commitment to a sustainable future. Nuco.cloud and its professional version, nuco.cloud pro, offer user-friendly and highly automated access to computing resources for both individuals and businesses. It stands out as the world's first decentralized mesh hyperscaler by merging BOINC's distribution technology with the computational strength of professional data centers.
The nuco.cloud project originated when Tobias Adler, its founder, was developing a trading robot for stock trading that required substantial computing power. Finding that mainstream computing power suppliers were too costly and demanded long-term contracts, Adler, along with Matthias Klees, explored alternative solutions. This exploration led them to BOINC, an open-source solution. However, BOINC was primarily for scientific projects and not user-friendly, prompting the need for a more accessible alternative. Consequently, the nuco.cloud was established in 2018, aiming to offer user-friendly, decentralized cloud computing solutions for both individual and professional users.
In 2018, it became the first blockchain project in Germany to receive BAFA funding from the Federal Office of Economics and Export Control. The period of 2019-2020 was pivotal, witnessing the development of nuco.cloud products, the ICO launch, and a partnership with CUDOS. Between 2021 and 2022, the project reached the final stages of product development, conducted successful beta tests, launched a liquidity staking pool, and received a significant grant from the German Aerospace Center (DLR). In 2023, nuco.cloud saw the successful creation and launch of its PRO and CUSTOM servers, integration of various payment methods, and the development of nuco.cloud GO along with service add-ons.
As of 2023, nuco.cloud has made significant progress and updates:
Product Launches: In February, the first servers called nuco.cloud PRO & nuco.cloud CUSTOM were successfully created, followed by internal testing in early March. Plans for a public launch of these products were set for April, along with the testing of nuco.cloud GO. The company also focused on integrating a price comparison tool and testing it for government grants.
Token Listing and Economics: In November 2023, nuco.cloud’s native token, NCDT, was listed on the MEXC Exchange, enhancing its accessibility and liquidity. NCDT tokens are capped at 50 million, with 25 million in circulation, 12.5 million reserved by the company, and the rest allocated for staking pool rewards and marketing. Payments made with NCDT on the nuco.cloud GO platform see 70% of the payment going to the miner and 30% reinvested into nuco.cloud.
Liquidity Staking Pools: Nuco.cloud introduced open liquidity staking pools, offering token holders the opportunity to earn rewards and contribute to the NCDT ecosystem. These pools are capped and designed as a limited opportunity for participants.
Future Developments: Looking ahead, the company plans to launch nuco.cloud GO, list on larger exchanges, begin rounds of fundraising, and develop a storage product with advanced encryption and an intelligent search engine. They also aim to launch a tool to avail government grants.