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Nuco.cloud to Launch AI-Powered Layer 2 Blockchain in 2025

Nuco.cloud to Launch AI-Powered Layer 2 Blockchain in 2025

Nuco.cloud to launch an AI-focused Layer 2 blockchain in 2025, with features to enhance $NCDT's utility through validator rewards, staking options, and a deflationary model.

Image of Tanishq BodhTanishq BodhNews

Nov 14, 2024

Written By Tanishq Bodh

Author: Tanishq Bodh

Written On: Thu, 14 Nov 2024 17:37:18 GMT

Nuco.cloud has announced plans to roll out its AI-focused Layer 2 blockchain in 2025, bringing new utilities and benefits to $NCDT token holders. Set to operate with $NCDT as the primary transaction currency, the blockchain aims to bolster its ecosystem with multiple functions and financial incentives.

Key Features of the AI-Focused L2 Blockchain

  • Transaction Settlements in $NCDT: All transactions on the Nuco.cloud Layer 2 blockchain will require $NCDT, positioning the token as an integral part of the network’s financial structure.
  • Validator Roles for $NCDT Holders: Holders of the $NCDT token will be able to participate as validators, earning rewards while contributing to network security.
  • Staking with Cooldown Period: The blockchain will offer staking options for token holders, including an unstaking cooldown period, aimed at providing flexibility within its staking mechanism.
  • Discounted Access for Builders: Builders and developers on the new Layer 2 blockchain will have access to discounted cloud computing resources provided by Nuco.cloud.
  • Revenue-Driven Buy-Back and Burn Model: Revenues from cloud computing services will be directed toward a buy-back and burn of $NCDT, potentially reducing overall token supply.
  • Strategic L3 Development: Development opportunities for Layer 3 applications will be available exclusively to Nuco.cloud’s strategic partners, creating a selective platform for advanced applications.

With the new Layer 2 network, Nuco.cloud intends to establish a blockchain infrastructure supporting both utility and deflationary tokenomics for $NCDT, providing a structured environment for AI and blockchain development. The upcoming 2025 launch marks a step toward aligning its ecosystem with demand for scalable blockchain applications.

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Key Features of the AI-Focused L2 Blockchain

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