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Fluence

FLT Ethereum Ecosystem DePIN
$0.004930
+121.93% (24h)

Market Stats

Price
$0.004930
+121.93% (24h)
Market Cap
$1.7M
Volume (24h)
$407,837.47
Supply
337.70M FLT
FDV
$4.93M

Shariah Analysis

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Last Screening: Q1 2024

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About Fluence

The Fluence DePIN platform offers a groundbreaking solution to centralized cloud computing by providing a decentralized, low-cost, and verifiable computing infrastructure. Designed as a decentralized serverless platform and computing marketplace powered by blockchain economics, Fluence eliminates the need for centralized clouds by enabling developers to build and deploy applications across a global network of compute providers. These providers, ranging from professional data centers to personal devices, compete based on price and performance, earning rewards for their contributions. Fluence incorporates a cryptographic security layer to ensure that all computational tasks are verifiable and executed as intended. With a promise of 60-80% lower costs compared to traditional centralized clouds, Fluence empowers developers to seamlessly deploy applications to various geographies, enhance reliability through replicated deployments, and integrate both Web2 and Web3 storage solutions. This decentralized ecosystem facilitates building applications like web services, distributed backends, communication software, and IoT systems, prioritizing privacy, composability, and resilience. By combining blockchain-based tokenomics, a permissionless marketplace, and cryptographic verifiability, Fluence offers a scalable, secure, and cost-effective alternative to traditional cloud computing platforms.

Consensus Mechanism

Proof of Stake