Felix ✢

Tech Buff | Part-time Researcher and Developer | DePIN Advocate 🔥

[Felix ✢ @0x0Flux]

DePIN bas become one of the hottest narrative in 2024, but what if I told you that there's a big project that could do an Airdrop within DePIN sector.

Here's everything you need to know about @fluence_project and some valuable way to position yourself.

[Bede.Chike @Bedechike]

POV: When the immigration officer sees different passports 😂😂😂

Why is this so accurate though? 😭

[Lyfers_hub @LyfersHub]

Sometimes you want to step out and see what’s happening in your City.

Finding something interesting nearby, pulling up, and enjoying the moment.

Meeting people. Catching a vibe. Being outside.

Lyfers is that feeling, just cruising your city and letting things happen.

[Lyfers_hub @LyfersHub]

Welcome on board!

We’re all about being present and representing.

So pls, feel at home here.

We’re building a community for our explorers! Find your next stop and connect with your vibe.

Don’t forget to mark present!😉

[Lyfers_hub @LyfersHub]

Every great experience starts somewhere

Ours starts in a few days

We’re counting down to our first web launch! 🚀

Engage with us and Stay in the loop!

[Bede.Chike @Bedechike]

Lyfer’s going live in few days!

[Felix ✢ @0x0Flux]

@coinesper I'm highly positive on $FLT @fluence_project platform frees computation from centralized clouds by offering natively decentralized, low cost, and verifiable compute.

[Felix ✢ @0x0Flux]

@gem_krali @fluence_project is a top quality project with top-notch products, designed to free users from the centralised cloud service providers.

[Felix ✢ @0x0Flux]

@GempireVC @fluence_project $FLT's upward momentum is impressive. I will be sure to keep an eye out.

[Felix ✢ @0x0Flux]

@thesaint_ @fluence_project Amazing! @fluence_project approach, backed by industry leaders and with a focus on rewarding providers, staking, and network scalability, shows promise for growth.

Exciting times ahead for $FLT holders.

[Felix ✢ @0x0Flux]

The Fluence network's capacity is fascinating! Starting with 250k CPU cores and 600k more in the waitlist, it's interesting to see how the protocol drives participation and growth.

As more CPU cores join, the stake rises, ensuring a balanced ecosystem.

[Felix ✢ @0x0Flux]

@TheCryptoKazi How about $FLT by @fluence_project they got solid use-cases for developers, to build and deploy applications, backends, APIs, and other digital services.

[Felix ✢ @0x0Flux]

@bankless I think @fluence_project deserves more recognition now as they they're building one of the biggest innovation within DePin sector.

https://t.co/5n1pSEikP9

[Fluence ⏀ @fluence_project]

DePIN and AI are complementary 🤝

Fluence provides decentralized, verifiable compute to prove that AI engines are trained on specific data, ensuring queries are manipulation-🆓.

As regulations around AI increase, our platform offers data provenance better than cloud providers.

[Felix ✢ @0x0Flux]

@Crypt0Rationale @fluence_project Here's a brief thread on Fluence
https://t.co/C1zOkt3Umq

[Felix ✢ @0x0Flux]

DePIN is a rapidly evolving narrative, with the aim of creating a decentralized infrastructure for the physical world through blockchain,

@fluence_project has architected it's protocol via DePin to free users from centralised cloud services.

Let's explore 🧵

[Felix ✢ @0x0Flux]

@DEXLaboratory4 @fluencenetwork Moving away from big company control towards a fairer internet for everyone is a significant step forward.

It's about democratizing access and ensuring equal opportunities for all online. @fluence_project is approach is top-class👌

[Felix ✢ @0x0Flux]

@beckhammgray @fluence_project $FLT is a solid buy! Cloudless Computing in DEPIN & AI is anew interesting innovation, and @fluence_project is the one to watch out for so many impressive developments.

https://t.co/mpbymD09oT

[Fluence ⏀ @fluence_project]

Curious about what's brewing behind the scenes? 🤔

Our team is attending the Fluence Summit in Belgrade to discuss developments and updates.

A special thanks to our friends from @ipcdevs and @web3mine who have joined us.

Stay tuned! 👀

[Felix ✢ @0x0Flux]

Impressive insights into @fluence_project narrative shift with zkML, along with its strategic positioning in the DePin and AI domains.

The $FLT model, leveraging stake economics for computing systems, is a promising one.

[arndxt @arndxt_xo]

Leading a new narrative: zkML and well positioned in the DePin and AI space.

A $FLT model; building on the economics of their stake to compute system.

A detailed mathematical breakdown of @fluence_project, bull case and node rewards

👇👇

@fluence_project is a blockchain-powered computing service marketplace and decentralized computing platform #DePin

Solution

- Fluence saves costs: In the Fluence network, computing resource providers compete to offer the best price and performance
- Enhanced security: Fluence integrates cryptographic security measures into the computing process
- Create redundant networks: Automatically create subnets for each application, ensuring there are always copies available whenever developers request them. This helps reduce dependence on the service provider, when there is a problem, there is already a copy.
- Quick access to Filecoin: Users can access Filecoin storage and make withdrawals quickly.

Investors

2018 raised capital of 6M
2022 SeriesA 9M lead funding round by Multicoin Capital
April 2024 Public Sale on Bybit raises $150,000

Team: The team is people with a lot of experience and expertise, who have developed the project from 2017 to present.

Tokenomics

Initial circulation supply 5% => Low, little selling force
5% bonus for early developers starting to unlock from April 27
Rewards paid to CPU suppliers are calculated from March 20 and locked for 3 months => June 20
In addition, all team and investor tokens ~45% will be locked until February 2025 and paid in daily installments until February 2026.

What is token $FLT used for?

The Fluence model runs on the $FLT token, which secures hardware and compute jobs.
• Compute Providers earn FLT for resource contribution and payments in stablecoins.
• Customers pay in stablecoin, ensuring stability.
• Delegators stake FLT on hardware for rewards.

Rewards Calculation

- Compute vendor rewards. On average, each core receives $10/month. Rewards will be vested daily after 6 months.
- Provider stake $FLT for each contributing CPU. This amount $FLT ensures responsibility and reputation in the network. The protocol's target is 200 USD per core, for example a typical 64 core CPU server will need to stake 200x 64 = 12,800 USD
- Voting in DAO

Project potential - Market size

In general, the more GPU cores contributed to the Fluence protocol, the more $FLT stakes required. So as the protocol expands, growth in network capacity will create strong demand to buy $FLT to join the network.

At launch, Fluence has 250,000 CPU cores, waiting list of 600,000 cores ⇒ To deploy all this hardware requires 170 million USD ⇒ huge demand $FLT to stake

AWS has over a hundred data centers and only one of their data centers has 50,000 CPUs (over 3 million cores). When Fluence reaches that scale, $600 million in deposits will be needed $FLT . The total network AWS has about 2 million CPUs or 128 million cores, with Google and Microsoft both operating on a similar scale.

⇒ Flucence aggregates CPU resources from leading data centers around the world, creating a wide and stable DePin network through Filecoin's ICP

Personal review

Fluence has a new technology story: zkML
DePin + AI project, two extremely potential fields this season
The team has experience and expertise, having been a key member of many large projects from web2
Small cap is still small at 50M, big unlock will start in 2025 ⇒ Low discharge force, high price increase potential.
The staking mechanism helps increase demand $FLT to join the network
The wave DePin has just been pushed forward so it needs to accumulate for a while

I am personally invested in $FLT and will continue to DCA around 0.7 to 0.9

[arndxt @arndxt_xo]

Leading a new narrative: zkML and well positioned in the DePin and AI space.

A $FLT model; building on the economics of their stake to compute system.

A detailed mathematical breakdown of @fluence_project, bull case and node rewards

👇👇

@fluence_project is a blockchain-powered computing service marketplace and decentralized computing platform #DePin

Solution

- Fluence saves costs: In the Fluence network, computing resource providers compete to offer the best price and performance
- Enhanced security: Fluence integrates cryptographic security measures into the computing process
- Create redundant networks: Automatically create subnets for each application, ensuring there are always copies available whenever developers request them. This helps reduce dependence on the service provider, when there is a problem, there is already a copy.
- Quick access to Filecoin: Users can access Filecoin storage and make withdrawals quickly.

Investors

2018 raised capital of 6M
2022 SeriesA 9M lead funding round by Multicoin Capital
April 2024 Public Sale on Bybit raises $150,000

Team: The team is people with a lot of experience and expertise, who have developed the project from 2017 to present.

Tokenomics

Initial circulation supply 5% => Low, little selling force
5% bonus for early developers starting to unlock from April 27
Rewards paid to CPU suppliers are calculated from March 20 and locked for 3 months => June 20
In addition, all team and investor tokens ~45% will be locked until February 2025 and paid in daily installments until February 2026.

What is token $FLT used for?

The Fluence model runs on the $FLT token, which secures hardware and compute jobs.
• Compute Providers earn FLT for resource contribution and payments in stablecoins.
• Customers pay in stablecoin, ensuring stability.
• Delegators stake FLT on hardware for rewards.

Rewards Calculation

- Compute vendor rewards. On average, each core receives $10/month. Rewards will be vested daily after 6 months.
- Provider stake $FLT for each contributing CPU. This amount $FLT ensures responsibility and reputation in the network. The protocol's target is 200 USD per core, for example a typical 64 core CPU server will need to stake 200x 64 = 12,800 USD
- Voting in DAO

Project potential - Market size

In general, the more GPU cores contributed to the Fluence protocol, the more $FLT stakes required. So as the protocol expands, growth in network capacity will create strong demand to buy $FLT to join the network.

At launch, Fluence has 250,000 CPU cores, waiting list of 600,000 cores ⇒ To deploy all this hardware requires 170 million USD ⇒ huge demand $FLT to stake

AWS has over a hundred data centers and only one of their data centers has 50,000 CPUs (over 3 million cores). When Fluence reaches that scale, $600 million in deposits will be needed $FLT . The total network AWS has about 2 million CPUs or 128 million cores, with Google and Microsoft both operating on a similar scale.

⇒ Flucence aggregates CPU resources from leading data centers around the world, creating a wide and stable DePin network through Filecoin's ICP

Personal review

Fluence has a new technology story: zkML
DePin + AI project, two extremely potential fields this season
The team has experience and expertise, having been a key member of many large projects from web2
Small cap is still small at 50M, big unlock will start in 2025 ⇒ Low discharge force, high price increase potential.
The staking mechanism helps increase demand $FLT to join the network
The wave DePin has just been pushed forward so it needs to accumulate for a while

I am personally invested in $FLT and will continue to DCA around 0.7 to 0.9

[Felix ✢ @0x0Flux]

Participating in the @fluence_project's Summit in Belgrade offers a fantastic chance to gather firsthand insights from developers and partners, in my opinion!

I'm thrilled to learn about ipcdevs and web3mine's participation.

Looking forward to discovering more👇

[Fluence ⏀ @fluence_project]

Curious about what's brewing behind the scenes? 🤔

Our team is attending the Fluence Summit in Belgrade to discuss developments and updates.

A special thanks to our friends from @ipcdevs and @web3mine who have joined us.

Stay tuned! 👀

[Felix ✢ @0x0Flux]

@fluence_project approach is promising in addressing the growing concerns around AI manipulation and data privacy regulations.

[Fluence ⏀ @fluence_project]

DePIN and AI are complementary 🤝

Fluence provides decentralized, verifiable compute to prove that AI engines are trained on specific data, ensuring queries are manipulation-🆓.

As regulations around AI increase, our platform offers data provenance better than cloud providers.