Decentralized blockchain Cudos has announced a new partnership with Dream Virtual Reality (VR), uniting the network’s powerful computing infrastructure with Dream VR’s vast and innovative metaverse as part of an industry expected to reach a $1 trillion market cap.
The partnership recognizes the growing importance of collaborative effort within the emerging GameFi and metaverse sectors. It will bring unique photo-realistic destinations to users in the Dream Life VR Metaverse. User experiences in these immersive spaces will encompass e-sports, entertainment, concerts, fashion, decentralized real-estate and nonfungible tokens (NFTs) to enable users to purchase properties.
In Dream Life, users can find the Burning Mars metaverse club, created and designed for 10,000 members, where the unimaginable is possible. Its 10,000 owners will govern it under a decentralized autonomous organization, with 101 craters with 100 plots each, totaling an astronomical 10,100 plots, making it the most exclusive international virtual exhibition of art, culture, music and entertainment. Each member will own a plot where they’re free to create and develop an experience, performance, sculpture, monument or any kind of art they wish. Owners will be able to market their NFTs creation in the marketplace.
Nuno Pereira, vice president of partnerships at Cudos, said:
“This is an exciting development that brings together the key elements of our network in an integrative way to support real-world solutions. Dream VR’s unique vision blends virtual reality with a sense of adventure. Its expertise can rely on our ecosystem to bring excitement to users through virtual reality, NFTs and more, wherever they may be. On a second layer, our near-limitless compute resources can provide a backbone for their expansive metaverse.”
Dream VR will build this all-encompassing metaverse on the Cudos blockchain, which incorporates thousands of distributed compute nodes on a vast global network. This setup enables faster computing and storage capacities sufficient to meet the demands of the metaverse, with the Cudos layer-1 blockchain supporting millions of microtransactions daily.
There is a recognition of the computational challenges of supporting expansive virtual reality applications. The severe limitations of the current computing infrastructure offered by hyper-scale cloud-service providers offer the perfect opportunity for a decentralized alternative, and this is where Cudos comes in.
As a result of the collaboration, the Cudos community will receive a unique offering of “AstroBeast” NFTs, enabling the purchase of plots of land in Burning Mars, the Mars-themed metaverse in Dream Life.
Albert Palay, founder and CEO of Dream Life, commented on the partnership, saying:
“As the ultimate 360-degree and virtual reality interactive experience platform, we are revolutionizing travel, music, sports and entertainment by acting as pioneers of real-life metaverse experiences and immersive NFTs. As a multi-platform, multi-device global platform, we sought a cloud and blockchain partner that could deliver cloud computing in a reliable, decentralized and sustainable way. That’s why we are super excited to partner with Cudos and join forces as we expand our ecosystems and delight our users.”
Cudos’ expanding ecosystem
This alliance is the latest in a series of strategic partnerships formed by Cudos in the last several months. The decentralized cloud computing network recently revealed plans to expand its community with 10,000,000 people, following a groundbreaking collaboration with Tingo announced in November.
Moreover, thanks to an alliance with Shopping Technology Enterprises Limited, CUDOS tokenholders can use their tokens to pay for Amazon and eBay goods in 11 global markets. More recently, the decentralized cloud computing network strengthened its network of validators with a Cosmostation partnership.
Countdown to the mainnet
The partnership coincides with the run-up to the mainnet launch of the Cudos network, scheduled for March 2022. The hotly anticipated event comes following a highly successful testnet phase — dubbed Project Artemis — which attracted more than 20,000 developers and will conclude its fourth and final phase soon.
As the testnet nears completion, this could be the last chance to get involved before the mainnet goes live later in the month. Here are the tasks: dive in.
Join the Cudos Discord server.
Join the Cudos Telegram community.
Become a Cudos ambassador.
If one has already bought CUDOS tokens, they can make the most of them by staking them on Cudos’ platform.
About Dream VR
Dream VR is a leading platform for virtual reality experiences and 360-degree immersive content. Using proprietary software, Dream VR is able to produce 360-degree content with techniques developed during more than 10 years of experience. The platform is available on all mobile devices, tablets and computers; on smart TVs and Apple TVs; and virtual reality devices such as Oculus and Pico, among others. The highly developed, patented technologies give Dream VR a unique model for groundbreaking, 360-degree virtual reality content, leading the way for a new era of cutting-edge blockchain technology, immersive NFTs and its own metaverse Dream Life.
Cudos is powering the metaverse bringing together decentralized finance, NFTs and gaming experiences to realize the vision of a decentralized Web3, enabling all users to benefit from the growth of the network. We’re an interoperable, open platform launchpad that will provide the infrastructure required to meet the thousand-fold higher computing need to create fully immersive, gamified digital realities. Cudos is an L1 blockchain and layer-2, community-governed computing network designed to ensure decentralized, permissionless access to high-performance computing at scale. Its native utility token, CUDOS, is the lifeblood of the network and offers an attractive annual yield and liquidity for stakers and tokenholders.