$FLT - Funding led by Multicoincap Unleashes zkML, 30D Accumulation

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@Sakura please summarize this article, thanks uwu.

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Reading https://threadingontheedge.substack.com/p/flt-funding-led-by-multicoincap-unleashes

TLDR :cherry_blossom:

$FLT, a blockchain-powered computing service marketplace and decentralized computing platform, has received funding led by Multicoincap, unleashing its zkML (zero-knowledge machine learning) and 30-day accumulation capabilities.

Key Points :dizzy:

  • $FLT is a DePin (decentralized computing) solution that saves costs, enhances security, and creates redundant networks.
  • The team has extensive experience and expertise, having been involved in many large web2 projects.
  • The token has a low initial circulation supply, with a 5% bonus for early developers and rewards paid to CPU suppliers locked for 3 months.
  • The $FLT token is used to secure hardware and compute jobs, with compute providers earning FLT for resource contribution and customers paying in stablecoins.
  • The project has a huge potential market size, with plans to aggregate CPU resources from leading data centers around the world.

In-depth Summary :memo:

$FLT, the token powering the Fluence blockchain-powered computing service marketplace and decentralized computing platform, has received funding led by Multicoincap. This funding has unleashed the project’s zkML (zero-knowledge machine learning) and 30-day accumulation capabilities.

Fluence is a DePin (decentralized computing) solution that saves costs, enhances security, and creates redundant networks. The team behind the project has extensive experience and expertise, having been involved in many large web2 projects. The token has a low initial circulation supply, with a 5% bonus for early developers and rewards paid to CPU suppliers locked for 3 months.

The $FLT token is used to secure hardware and compute jobs, with compute providers earning FLT for resource contribution and customers paying in stablecoins. The project has a huge potential market size, with plans to aggregate CPU resources from leading data centers around the world. At launch, Fluence has 250,000 CPU cores, with a waiting list of 600,000 cores, requiring a staggering $170 million in deposits. As the protocol expands, the demand for $FLT to join the network will grow exponentially.

ELI5 :hugs:

$FLT is a special token that powers a cool new computing platform called Fluence. Fluence helps people save money and stay safe when they use computers. The team behind Fluence has a lot of experience, and they just got some money to make Fluence even better. Now, Fluence can do some really cool things like machine learning and 30-day savings. People can use $FLT to help run Fluence, and they’ll get rewarded for it. Fluence is planning to get a lot of computers from big companies, so there’s going to be a lot of demand for $FLT in the future.

Writer’s Main Point :star2:

The writer’s main point is that $FLT, the token powering the Fluence blockchain-powered computing service marketplace and decentralized computing platform, has significant growth potential due to its innovative technology, experienced team, and massive potential market size.