FLT is the native utility and governance token of the platform, serving the following purposes: * Staking by compute providers for each additional CPU to ensure network reliability * Rewarding compute providers * Voting in the DAO governance for matters such as protocol upgrades and treasury management For more information, please refer to Eulerpool.

The FLT token was launched in February 2024, with the creation of 1 billion tokens at its inception. In the first month, the token supply is limited to 5% for the liquidity bootstrap pool. An additional 5%, designated as the developer reward pool, will become accessible two months after the claim date, starting on April 27th. Compute providers can earn tokens by contributing capacity to the network, necessitating the staking of FLT tokens. Beginning in February 2025, approximately 45% of the tokens held by investors and the team will progressively unlock on a daily basis until February 2026.

The founders of Fluence are Evgeny Ponomarev, Dmitry Kurinskiy, and Tom Trowbridge. Both Evgeny and Dmitry are experienced developers and entrepreneurs, possessing over 15 years of extensive expertise in blockchain and software engineering. Tom Trowbridge was instrumental in the establishment of Hedera Hashgraph (HBAR) and served as its president from its inception.

As of March 2024, FLT is listed on two exchanges: Bybit and Gate.io. For more information, you can refer to Eulerpool.

Fluence (FLT) is a decentralized serverless platform and computing marketplace driven by blockchain-based economics. It provides a global, permissionless, scalable, and secure alternative to centralized cloud computing platforms. Utilizing both Web2 and Web3 data storage and management, Fluence equips developers with the tools to efficiently build and operate decentralized infrastructure networks. Established in 2017, Fluence launched its mainnet in 2024 and operates under the governance of a DAO structured as a Swiss Association. The platform consolidates excess compute capacity from leading data centers worldwide into a global, continuously active DePIN network, suitable for diverse applications. This open architecture enables users to easily change providers, ensuring competitive pricing and high service quality. The FLT token functions as the platform's native utility and governance token. It is employed by compute providers for staking to ensure network reliability, rewarding these providers, and participating in DAO governance activities, including protocol upgrades and treasury management. The token was introduced in February 2024 with an initial supply of 1 billion tokens, and its distribution encompasses a liquidity bootstrap pool and a developer reward pool. Fluence's mission transcends computing, aiming to foster a sustainable future through energy storage products and services while advocating awareness and safety in psychedelic therapies. The platform is supported by a robust and active community that endorses this multifaceted mission.

Fluence represents a pioneering decentralized, serverless computing platform and marketplace, offering a compelling alternative to conventional centralized cloud computing services. At its foundation, Fluence leverages blockchain technology to establish a global, permissionless, scalable, and secure network. This decentralized methodology ensures the platform's resilience and verifiability, providing a robust infrastructure suitable for diverse applications. The blockchain underpinning Fluence is designed to integrate both Web2 and Web3 data storage and management platforms. This integration allows Fluence to harness the advantages of modern web technologies while ensuring the security and decentralization inherent to blockchain systems. By aggregating excess compute capacity from leading data centers worldwide, Fluence forms a global, always-on network that is simultaneously cost-effective and reliable. Security is a critical concern in decentralized systems, and Fluence addresses this through multiple mechanisms. A key feature is the utilization of staking by compute providers. These providers must stake FLT tokens for each added CPU, serving as a guarantee of network reliability. This staking mechanism incentivizes honest behavior while discouraging malicious actors, who risk losing their staked tokens if they attempt to disrupt the network. Additionally, Fluence employs a decentralized autonomous organization (DAO) for governance, structured as a Swiss Association. This DAO facilitates community-driven decision-making, including protocol upgrades and treasury management. The DAO's implementation ensures the platform's transparency and grants all stakeholders a voice in its development and operation. The native utility and governance token of the Fluence platform is FLT. This token is essential for various network functions, including rewarding compute providers and enabling voting within DAO governance. The FLT tokenomics are crafted to sustain a balanced and incentivized ecosystem. For example, compute providers earn FLT tokens by contributing capacity to the network and are required to stake these tokens to ensure service reliability. Fluence's decentralized framework also renders it a scalable solution. Unlike traditional cloud computing platforms reliant on centralized data centers, Fluence's distributed data center network can organically expand as more compute providers join. This scalability is crucial for supporting a wide range of applications, from simple web hosting to complex computational tasks. Economically, Fluence is up to 80% more cost-effective than traditional cloud providers. This cost efficiency is achieved by leveraging excess compute capacity and maintaining an open platform that allows users to switch providers seamlessly. The competition among providers helps keep prices low and service levels high, benefiting all platform users. Founded in 2017 by Evgeny Ponomarev, Dmitry Kurinskiy, and Tom Trowbridge, Fluence launched its mainnet in 2024. The founders bring comprehensive expertise in blockchain and software engineering, with notable backgrounds in projects like Hedera Hashgraph (HBAR). Their vision for Fluence is to create a decentralized computing platform that is both resilient and verifiable, offering a viable alternative to the monopolistic cloud computing industry. The FLT token was launched in February 2024, with a total supply of 1 billion tokens created at genesis. The initial distribution includes a liquidity bootstrap pool and a developer reward pool, with additional tokens being earned by compute providers through staking. This distribution model ensures network decentralization and adequately rewards early contributors for their participation. Fluence's novel approach to decentralized computing holds the potential to redefine the future of cloud services. By combining the strengths of blockchain technology with a global network of data centers, Fluence provides a scalable, secure, and cost-effective solution for a wide array of applications.

Fluence (FLT) is a decentralized computing platform described as "Cloudless," offering a broad spectrum of practical applications. It presents an open alternative to conventional cloud services by harnessing surplus compute capacity from leading data centers worldwide. This decentralized infrastructure is well-suited for a variety of applications, including backends, APIs, and other digital services. A key application of Fluence is in the development and deployment of applications. Developers can leverage the platform to create resilient backends and APIs, capitalizing on the network's decentralized nature. This approach ensures that applications are robust and verifiable, diminishing the dependence on centralized cloud providers. Fluence is particularly adept in areas like data caching, indexing, processing, and querying, making it a prime solution for projects that demand efficient data management and retrieval. By utilizing decentralized infrastructure, Fluence can provide these services at a reduced cost compared to traditional cloud options. In the sphere of decentralized infrastructure networks, Fluence delivers a platform for serverless computing. This enables developers to deploy applications without the concern of managing underlying server infrastructure. The decentralized structure of Fluence guarantees the availability and scalability of these applications as needed. Additionally, Fluence plays a significant role in optimizing gas costs for blockchain transactions. By offering decentralized and verifiable computing resources, it aids in reducing the expenses tied to executing smart contracts and other blockchain functions. This is especially advantageous for projects requiring frequent blockchain interactions. Fluence also enhances the speed, cost-effectiveness, and security of cross-border payments. Through the use of decentralized computing resources, the platform is capable of processing transactions with greater efficiency, thereby lowering the associated time and costs inherent in traditional payment methods. This renders it a compelling choice for businesses and individuals seeking to transfer funds internationally. The platform has been embraced by over 1,000 developers and 3,000 builders, demonstrating its adaptability and efficacy. Companies such as Genesys and Infura have utilized Fluence for their computing needs, further verifying its practicality in real-world applications.

Fluence, a decentralized computing platform free from traditional cloud constraints, has gained substantial attention in the blockchain and cryptocurrency sectors. Established in 2017 by Evgeny Ponomarev, Dmitry Kurinskiy, and Tom Trowbridge, Fluence seeks to offer an open alternative to conventional cloud giants. The platform integrates surplus computing power from leading data centers into a global, continuous network suited for various applications. In 2024, Fluence reached a pivotal moment by launching its mainnet. This event coincided with the release of its native utility and governance token, FLT, which is instrumental for staking by compute providers, rewarding participants, and enabling participation in DAO governance. The initial supply of FLT was capped at 1 billion tokens, with designated allocations for liquidity and developer reward pools. Fluence has been active in developing strategic alliances to strengthen its ecosystem. Partnerships with companies such as Genesys and Infura have been crucial in this regard, aiming to boost the platform's capabilities and amplify its presence in the decentralized computing sphere. Moreover, Fluence has engaged in numerous hackathons and events to demonstrate its technology and interact with the developer community. A significant highlight was the initiation of the FLT staking program, offering incentives for compute providers to contribute capacity to the network. This initiative is vital for ensuring the network's reliability and compensating participants for their contributions. Additionally, the staking mechanism contributes to the platform's governance, allowing stakeholders to vote on protocol upgrades and treasury management. Support from distinguished investors has further endorsed Fluence's potential, providing the financial backing essential for accelerating development and broadening the platform's capabilities. The involvement of seasoned founders, like Tom Trowbridge, a co-founder of Hedera Hashgraph (HBAR), lends the project credibility and expertise. Fluence’s decentralized serverless platform is engineered to be resilient and verifiable, offering a cost-efficient alternative to traditional cloud service providers. By enabling users to switch providers easily, Fluence ensures competitive pricing and superior service levels, aligning with its objective to democratize access to computing resources and diminish reliance on centralized cloud entities. Governance in Fluence is conducted through a DAO under the structure of a Swiss Association, underscoring the platform's dedication to decentralization. This governance model empowers the community to influence the platform’s future direction, cultivating a cooperative atmosphere. In conclusion, Fluence has made notable progress in the blockchain and cryptocurrency arena, highlighted by key developments such as the mainnet launch, strategic partnerships, the introduction of the FLT token, and the staking program. These accomplishments underscore Fluence's dedication to establishing a decentralized, cost-effective, and robust computing platform.

Fluence (FLT) is a decentralized computing platform that provides an innovative "Cloudless" alternative to conventional cloud services. The platform was founded by Evgeny Ponomarev, Dmitry Kurinskiy, and Tom Trowbridge. Evgeny and Dmitry contribute over 15 years of experience in the fields of blockchain and software engineering. Tom Trowbridge, known for his role as a co-founder and former president of Hedera Hashgraph (HBAR), also adds significant expertise. Their collective backgrounds have been crucial in developing Fluence into a robust and verifiable platform that harnesses surplus computing power from leading data centers worldwide.