Fluence DAO Launches FLT Token on Ethereum Mainnet and Deploys Fluence Platform
Fluence DAO, the governing body of Fluence, has announced the deployment of its native token, FLT, on the Ethereum mainnet. Alongside this, the Fluence Platform will also be launched on InterPlanetary Consensus (IPC), making Fluence’s “Cloudless” computing platform available for the first time. This move marks a significant step towards offering developers an alternative to centralized control and data lock-in. The Fluence Platform aims to provide trustless and verifiable computing infrastructure, allowing developers to build applications securely and without platform risk. Furthermore, by launching on IPC, Fluence enables a marketplace of compute resources integrated with Filecoin’s data storage capabilities.
The Future of Compute Infrastructure
Fluence’s Cloudless platform is touted as the future of compute infrastructure, offering developers more certainty, ownership, and control over their applications. In a world where developers are increasingly dissatisfied with the monopolistic practices of Big Tech, Fluence provides a superior computing platform that prioritizes security and redundancy. By removing the risks associated with centralized providers, Fluence aims to create a more open, transparent, and democratic future for the internet.
The Advantages of Fluence
Fluence sets itself apart from traditional cloud providers through its unique advantages:
- Trustlessness: Crypto-economic incentives reward DePIN operators, ensuring a trustless environment.
- Verifiability: All computations on the Fluence platform are supported by cryptographic proofs, offering transparency and auditability.
- Inexpensive and Auditable: Fluence provides developers with a cost-effective and auditable alternative for building applications safely.
The Fluence Platform leverages hardware resources from top-tier data centers worldwide. Compute providers that attest to their capacity and back it with a minimum delegated FLT stake can earn FLT rewards and stablecoin payments by fulfilling developers’ compute jobs.
Support from Industry Partners
The launch of Fluence Platform on IPC has garnered support from key industry partners, including Holon, a top-tier, compute, and storage provider powered by 100% green energy. Holon’s renewable edge data centers will contribute to Fluence’s network and provide storage and compute solutions closer to customers.
InterPlanetary Consensus: Advancing Blockchain Scalability
InterPlanetary Consensus (IPC) is a revolutionary blockchain scalability technology developed by Protocol Labs, the creators of Filecoin and IPFS. IPC empowers builders, such as Fluence, to create highly scalable decentralized networks through recursive trees of subnets, dynamic subnet architectures, and native interoperability for cross-net communication. Fluence’s integration with IPC enables vertical and horizontal scalability, customizable execution runtime capabilities through the Filecoin Virtual Machine (FVM), and optimization of computations on data by leveraging the Filecoin network.
The Role of FLT Token
The FLT token serves as the native governance token of the Fluence DAO. Token holders can stake their FLT to earn rewards and participate in network-related proposals and decisions. This includes governance committee elections, protocol upgrades, and treasury allocation. FLT is an ERC-20 token and plays a crucial role in shaping the future of the Fluence Network.
A Promising Future
Fluence Labs, a core contributor to the Fluence Network, has received backing from prominent investors, including Multicoin Capital and top-tier web3 investors. With the deployment of FLT on the Ethereum mainnet and the launch of the Fluence Platform on IPC, Fluence is well-positioned to revolutionize the compute infrastructure landscape.
To learn more about the Fluence Network, visit their website at https://fluence.network/. For more information about Fluence Labs, visit https://fluence.one/. To explore InterPlanetary Consensus (IPC), visit https://docs.ipc.space/. And for Protocol Labs, visit their website at https://protocol.ai/.
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