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Cloud CLOUD Price

$0.108

-7.98%

$0.107

24h Range

$0.117

Market Cap

$0

Fully Diluted Valuation

$107,976,647.4

24 Hour Trading Vol

$2,136,785.6

Circulating Supply

0

Total Supply

1,000,000,000.0

Max Supply

1,000,000,000.0

Info

CLOUD Price Statistics

Cloud Price

$0.108

24h Range

$0.107 - $0.117

Percent Change 1h

0.54%

Percent Change 24h

-7.98%

Percent Change 7d

-7.93%

All-time high

$0.625

All-time low

$0.103

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About Cloud

What is Cloud (CLOUD)?

Cloud (CLOUD) is a cryptocurrency designed to facilitate decentralized cloud computing services. It operates on a blockchain platform that ensures secure, transparent, and efficient data storage and processing. By leveraging distributed ledger technology, Cloud enables users to rent out their unused computing power, storage capacity, and bandwidth, creating a marketplace that allows individuals and businesses to access computing resources at a lower cost compared to traditional cloud providers.

As of 2024, Cloud aims to provide scalable solutions for developers and enterprises, allowing them to deploy applications in a decentralized environment. The platform supports various programming languages, making it adaptable for multiple use cases, from web hosting to machine learning. The native token, CLOUD, is utilized for transactions within the ecosystem, incentivizing users to contribute their resources and participate in the network.

Who are the Founders of Cloud?

The founding team of Cloud consists of a group of experienced professionals from various fields including blockchain technology, software development, and business management. The key figures include:

  • Alex Thompson - Co-founder and CEO, with over a decade of experience in cloud computing and a background in software engineering.
  • Jessica Wang - Co-founder and CTO, who has a strong track record in blockchain infrastructure and previously worked with leading tech firms.
  • Mark Johnson - Co-founder and COO, bringing expertise in business development and operations within the tech industry.

The team is supported by advisors from both the blockchain space and the cloud computing sector, helping to shape the strategic direction of Cloud.

How does Cloud Work?

Cloud operates on a decentralized network where users contribute their computing resources in exchange for CLOUD tokens. The platform utilizes smart contracts to manage transactions and resource allocation, ensuring transparency and security. Here’s how it works:

  • Resource Contribution: Users can offer their spare CPU power, storage space, or bandwidth to the network. This is done through a user-friendly interface that connects them to the Cloud ecosystem.
  • Marketplace: The platform features a marketplace where users can list and discover available computing resources. Potential clients can browse through various options based on their needs.
  • Smart Contracts: When a user decides to rent resources, a smart contract is executed to facilitate the transaction. This contract holds the terms and conditions, ensuring that both parties fulfill their obligations.
  • Payment: Payment is made in CLOUD tokens, which are automatically transferred upon successful completion of the service. This incentivizes reliability and encourages users to maintain quality standards.

Additionally, Cloud implements a reputation system, where users can rate their experiences, fostering trust within the community.

Top Use Cases of Cloud

Cloud has a wide range of use cases that cater to different sectors. Some of the top use cases include:

  • Decentralized Hosting: Websites and applications can be hosted on the Cloud platform, allowing for greater uptime and reduced costs compared to traditional hosting services.
  • Big Data Processing: Businesses can leverage the computing power of the network to process large datasets, enabling insights and analytics without investing heavily in infrastructure.
  • Machine Learning: Developers can access powerful computing resources for training machine learning models, which require significant processing capabilities.
  • Content Delivery: The platform can be used for distributing multimedia content efficiently, lowering latency and improving the user experience.
  • Gaming: Game developers can utilize Cloud for scalable game hosting and backend services, enhancing performance and reducing costs.

With these use cases, Cloud is positioned to disrupt traditional cloud computing models by providing a decentralized alternative.

How to Keep your Cloud Safe?

Ensuring the safety of your data and resources in the Cloud ecosystem is paramount. Here are some strategies to keep your Cloud account secure:

  • Use Strong Passwords: Always create complex passwords that include a mix of letters, numbers, and symbols. Change your password regularly to enhance security.
  • Enable Two-Factor Authentication (2FA): Activate 2FA to add an extra layer of protection. This requires a second form of verification, such as a text message or authentication app, to access your account.
  • Regular Backups: Regularly back up your data to minimize the risk of loss. Utilize multiple storage locations or solutions to ensure redundancy.
  • Monitor Transactions: Keep an eye on your transactions and resource usage. Report any suspicious activity immediately to the support team.
  • Stay Updated: Keep your software and applications up to date to protect against vulnerabilities. Regular updates often include security patches that safeguard your resources.

By following these best practices, users can significantly mitigate the risks associated with decentralized cloud computing services.

How to Invest in Cloud (CLOUD)?

Investing in Cloud (CLOUD) or any other cryptocurrency involves several steps:

1Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.

2Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.

3Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.

4Buy Cloud: Once your account is funded, you can purchase Cloud directly from the exchange. Choose the desired amount and complete the transaction.

Investing in Cloud (CLOUD) Using Botsfolio:

Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Cloud using Botsfolio, follow these steps:

  • Create a Botsfolio Account: Sign up for a free account on the Botsfolio platform.
  • Create Portfolio: Select an investment type from available options such as Premade crypto portfolios OR Custom crypto portfolio.
  • Connect Your Exchange: Link your chosen cryptocurrency exchange account to Botsfolio through fast connect or API key to enable seamless investing.

Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.

What is the Price Prediction for Cloud (CLOUD) in the Long Term?

Cloud (CLOUD) is currently trading at $0.108 and exhibits good potential for future growth. Check the latest Cloud (CLOUD) price prediction.

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