Converti Osmosis OSMO in Nuco.cloud NCDT

OSMO is the native token of Osmosis, a Layer 1 App Chain DeFi protocol within the Cosmos ecosystem. With the OSMO token, users can pay gas fees, vote on governance proposals, and stake to contribute to network security. The Osmosis app chain offers various DeFi products including traditional AMMs, Concentrated Liquidity, Lending and Perpetual markets, and Liquidity Vaults. Osmosis is connected to over 80+ sovereign app chains within the Cosmos ecosystem, as well as networks like Bitcoin, Ethereum, Polkadot, Avalanche, and Solana.

Nuco.cloud is described to be a sharing economy platform for network computing based on BOINC (Berkley Open Infrastructure for Network Computing), originally created by a team based at Space Science Laboratory in 2002 to support scientific research in need for large computing calculations. The project claims that its platform allows users to monetise unused computing power of their smartphone, computer or server through the easy and simple to use nuco.client app. Nuco.cloud connects users' computing power in to a decentralised “supercomputer” and sells it to the clients using a blockchain for instant payment in nuco token which users can further use to purchase our computing power or exchange it to other cryptocurrencies or FIAT (dollars, euros, pound sterling). Nuco.cloud is the first ever blockchain project which received a grant from the german government: Furthermore there is Nuco.compute, a professional version of nuco.cloud, designed for large enterprises and professional customers which brings more control over the features and an extra layer of security. Customers can choose specific hardware to be used, the latency, throughput, geographic location and the certificates of data security level. Calculations are only done by professional data centres with a high level of security.