pNetwork Partners with NUCO

Published on: 13.05.2022
pNetwork Partners with NUCO

pNetwork partners with NUCO to launch a new pTokens bridge for NUCO, enabling the asset to move across the Ethereum and Telos blockchains.

Benefits for users

Above all, pNetwork partners with NUCO to bring the pNetwork-powered bridge, through which it is possible to bridge the existing Nuco token (called NCDT) to its representation on the Telos chain (called NUCO) and vice versa. Therefore, the NUCO token aims to give back to the community by giving them access to purchasing computing power at a discounted price.

pNetwork Features

The protocol enables the cross-chain movement of assets (example: wrapped Bitcoin on Ethereum), NFTs, and data across L1 and L2 networks, including Bitcoin, Ethereum, Polygon, and BSC, among others.

Quote from nuco.cloud

Tobias Adler, the CEO of nuco.cloud, said that he is excited about the collaboration. It will play an essential role in making $NCDT and $NUCO more accessible for users. In addition, exposure to the pNetwork community will also help the nuco.cloud team in their mission to build a global cloud computing community.

“Our collaboration with pNetwork will help us bring together the best of two worlds. The pToken based on Telos, $NUCO, is meant for miners due to its low transaction fees and speed; $NCDT (ERC20) will stay for existing exchange listings. With the pTokens bridge, we can bring the benefits of these two technologies together. “

About pNetwork

pNetwork is a multi-chain routing protocol for DeFi, NFTs, and gaming, counting over $ 1 Billion in cross-chain operations processed across 14 different networks and safeguarding 100M+ in TVL.

Moreover, pNetwork is home to the pNetwork DAO and its governance token PNT.

Website | Twitter

About nuco.cloud

Nuco.cloud is a distributed computing cloud with various products. Certainly, the mission is to create the future of decentralized cloud computing, where everyone can benefit from the global community.

Their products allow you to monetize the unused computing power of your phone, computer, or server. Miners profit by earning rewards in $NUCO.

Website | Twitter

SOURCE:

https://medium.com/pnetwork/pnetwork-x-nuco-125f5762adb0

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