nuco.cloud
NCDT
Evaluation Score
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Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
NCDT (nuco.cloud) is an ERC-20 utility token supporting a decentralized cloud computing platform with an identified executive team led by Tobias Adler and Dr. Mathias Wilhelm, as well as a fixed 50M token supply and custodial oversight through a BaFin-licensed partner. However, the project exhibits severe structural and market weaknesses. Verifiable public development has been dormant since July 2023 with no dated proof of 2025 roadmap deliverables, and no third-party smart contract audits exist for its live staking mechanisms. Community metrics are minimal with just 2,375 holders, and the project faces extreme market distress with a micro-cap valuation ($245K–$310K), near-zero verifiable daily trading volume, and a >99.9% drawdown from its all-time high amidst intense competition from established dePIN networks.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About nuco.cloud (NCDT)
NCDT is an ERC-20 utility token on the Ethereum blockchain associated with nuco.cloud, a decentralized cloud computing aggregator based in Germany. Founded by an executive team that includes Tobias Adler and Dr. Mathias Wilhelm, the project operates within the decentralized physical infrastructure (dePIN) sector. The NCDT token functions as a payment medium within the compute network, offering users a 20% discount on computing power purchases, and is integrated into staking pools alongside a revenue-based buy-back-and-burn model.
The token has a fixed total supply of 50 million tokens with no built-in inflationary issuance. A portion of the company reserves, amounting to 12.5 million NCDT, is managed through a German BaFin-licensed custodian, including 10 million tokens allocated to a six-month vesting contract initiated in January 2025. Governance of the project is centralized under corporate management, with no decentralized autonomous organization (DAO) or on-chain voting structure.
The project faces notable market and development challenges. The token has experienced a severe market decline, dropping over 99.9% from its all-time high of $408.49 down to a micro-cap valuation between $245,000 and $312,000 with near-zero daily trading volume. Additionally, public software repositories have shown no development activity since July 2023, there are no published third-party security audits for its smart contract and staking infrastructure, and a circulating supply discrepancy exists between market aggregators and official project statements.