We create simple and transparent cryptocurrency business ventures using state-of-the-art technology. Our aim is to make a big, positive impact on the world while making no negative impact on the environment.
Cudo Donate is an application – typically installed on a desktop or laptop computer by a charity supporter – that uses the computer’s spare processing power to generate virtual currencies called cryptocurrency on behalf of a charity. This cryptocurrency can be exchanged for traditional currency – pounds, dollars, euros – or held as an asset to liquidate as needed by the charity.
This represents a whole new revenue opportunity for charities and one which doesn’t cannibalise existing revenue streams. How much each supporter raises depends on their hardware and how long it’s on for. Generally each supporters device can raise between £1 to £50 per month using common computers and more with a very high-powered machine. As a user or corporate can have many devices these numbers add up.