What is Fluence?
Fluence is a DePIN-powered decentralized cloud platform delivering enterprise-grade virtual servers at up to 85% lower cost. Developers harness a global network of independent providers to deploy and scale everything from traditional apps to advanced AI while eliminating centralized cloud limits.
The network is community governed through the Fluence DAO, and its native token FLT powers staking, governance voting, and buybacks to strengthen network utility and value.
What is Fluence Network and how does it fit into decentralized cloud computing (DePIN)?
Fluence Network is a decentralized cloud computing project in the DePIN sector. Compute providers contribute hardware to the network and earn FLT, while developers can rent resources through a transparent, on-chain marketplace. This model delivers “cloudless” compute with no vendor lock-in, predictable pricing, and governance aligned with Web3 principles.
Who founded Fluence (crypto) and when was it created?
Fluence (crypto) was founded in 2017 by Evgeny Ponomarev, Dmitry Kurinskiy, and Tom Trowbridge. Together, they set out to build an open and verifiable compute layer that connects Web3 technologies with enterprise-grade infrastructure.
How does Fluence Network work for developers and providers?
Compute providers offer hardware capacity, while delegators stake FLT to activate it. Developers deploy workloads using the console or API. Usage is measured on-chain and paid in USDC, while the FLT token underpins staking rewards and governance through the Fluence DAO. This structure defines the project’s tokenomics: stake FLT to support providers and earn rewards, or rent decentralized computing power for applications.
Who are the investors and backers of Fluence Network?
Fluence Network is supported by Web3 and infrastructure-focused venture funds and angel investors. These backers help accelerate adoption and strengthen Fluence’s mission to make decentralized cloud computing ready for production workloads. (The most current investor list is available on the official Fluence profile.)
What is the FLT token price and where can it be checked?
The FLT token is actively traded, and its price fluctuates in real time. To view the latest FLT price, circulating supply, and market cap, use a trusted cryptocurrency market tracker before making any investment decisions.
