Nuco.cloud (NCDT) is a cryptocurrency powering a decentralized cloud computing platform that leverages underutilized computing resources worldwide. It aims to provide scalable, secure, and affordable computing power, reducing costs by 70-90% compared to traditional methods. The platform offers various products, including nuco.cloud SKYNET, nuco.cloud GO, and nuco.cloud PRO, catering to different user needs. With a fixed total supply of 50 million NCDT tokens, the project focuses on innovation, sustainability, and community engagement.
Nuco.Cloud (NCDT) is a cryptocurrency used within the Nuco.Cloud ecosystem, a decentralized cloud computing platform. Here are the key ways NCDT is utilized:
Payment for Services: Customers can pay for Nuco.Cloud products using NCDT, which offers a 20% discount compared to traditional payment methods.
Revenue Distribution: When customers pay with NCDT, 70% of the revenue goes to the miners, and 30% returns to Nuco.Cloud.
Staking and Rewards: NCDT is used for staking and rewards in the Nuco.Cloud ecosystem. For instance, testnet participants can earn rewards in NCDT based on German energy costs plus a bonus.
Tokenomics: NCDT has a fixed supply of 50 million tokens, similar to Bitcoin, and cannot be increased. This token supply is traded on exchanges.
Community Engagement: NCDT is used to incentivize community participation and engagement, such as through liquidity staking pools and other initiatives.
Overall, NCDT plays a central role in facilitating transactions, incentivizing miners and community members, and governing the Nuco.Cloud ecosystem.
To store Nuco.cloud (NCDT) tokens, you can use a digital wallet that supports NCDT. Here are the steps to store NCDT tokens:
Choose a Wallet: Select a reliable digital wallet that supports NCDT tokens, such as MyEtherWallet (MEW) or Enkrypt.
Create/Access Wallet: Create a new wallet or access your existing one. Ensure you have the necessary credentials, such as the wallet address and private keys.
Receive NCDT: You can receive NCDT tokens by buying them on exchanges or through other means. Once you have the tokens, you can store them in your wallet.
Store NCDT: Store your NCDT tokens securely in your wallet. Make sure to keep your wallet address and private keys safe to prevent unauthorized access.
Manage NCDT: You can manage your NCDT tokens by sending, receiving, or swapping them within your wallet. For example, you can send NCDT tokens by clicking the 'Send' button and entering the recipient's wallet address.
By following these steps, you can safely store and manage your Nuco.cloud (NCDT) tokens.
To buy Nuco.cloud (NCDT) tokens, follow these steps:
Choose an Exchange: Select a reliable centralized exchange where NCDT is listed. You can refer to Coinmarketcap.com's Markets section to find the list of exchanges that support NCDT.
Create an Account: Register on the chosen exchange's website or app by providing necessary information, including your email address, a secure password, and completing any identity verification steps.
Fund Your Account: Choose a funding method, such as credit/debit card, bank deposit, P2P trading, or third-party payment. Each exchange offers multiple payment options for your convenience.
Buy NCDT: In the Buy & Sell section, click Buy and select Nuco.cloud (NCDT) as the cryptocurrency you want to purchase. You can choose from different order types, such as market, limit, or stop-loss orders.
Transfer to Wallet: Once you've purchased NCDT, you can either hold it in your exchange account or transfer it to your personal cryptocurrency wallet for additional security and flexibility.
For detailed instructions on using a decentralized exchange (DEX), you can refer to guides like the one on Binance.