Fluence (FLT)

Fluence is a decentralized serverless platform & computing marketplace powered by blockchain economics. Release your applications from the cloud; build with confidence on a foundation of provability and resilience.

Series A Round: $9M

Whitepaper

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Interest lvl

Medium

Updated: Mar 31, 2024

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User Rating

High

3.5/5 • 4 votes

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Ticker

FLT

Type

Utility-token

Token standard

ERC-20

FoundedRussian Federation

Registration countrySwitzerland

Registration year2017

Launchpads

ByBit

What is Fluence

Fluence is a global, permissionless, scalable, and secure alternative to centralized cloud computing platforms. We say that Fluence is a Cloudless Platform, because it enables serverless without the cloud.

Using Fluence, developers build and deploy applications to a network of compute providers, where providers can range from professional data centers to home computers. Providers compete on price and performance and, to be paid and earn rewards, they constantly prove that they are serving applications.

Fluence is powered by a cryptographic token which is used by providers as collateral for participation and as a monetary incentive. Providers earn both the Fluence token and payment (usually stablecoin) for serving applications.

Developers can use Fluence to build and deploy applications, backends, APIs, and other digital services. Fluence’s serverless platform provides a developer experience similar to the traditional serverless cloud but additionally allows developers to manage an application’s execution over the distributed network; choose providers and switch them at will.