FLT Stake Race - It’s Not Too Late to Join! + Fluence Community Updates

FLT Stake Race - It’s Not Too Late to Join! + Fluence Community Updates 

Dear Fluencers, 

In July, we launched the FLT Stake Race, a dynamic quest designed to reward our community for engaging with Fluence. Top racers win $FLT and the earliest staking opportunities. We announced the stake race at our DePIN Day during EthCC Brussels where we showcased Cloudless computing - our unique approach to decentralized computing.

FLT Stake Race - it’s not too late to join!

It’s not too late to join the FLT Stake Race to compete for a share of over 1 million FLT in prizes! The first lap started on July 16 and runs till August 20th, with the Final to follow in September. Earn rewards by completing quests, sharing your Fluence knowledge and invite friends to join our community. Weekly prizes of 10,000 FLT are up for grabs, and the top 1,000 participants receive exclusive NFTs that allow early staking access. 

To learn more, listen to the X space dedicated to staking and the FLT Stake Race, hosted by Filecoin and Tom Trowbridge.

It's not too late to join—start competing now at race.fluence.network

Find out more about FLT staking and the Stake Race on Fluence blog.

DePIN Day Brussels Recap

Over three hundred DePIN entrepreneurs, providers, investors and enthusiasts attended Fluence's latest DePIN Day in Brussels, held during EthCC.

Explore insights from the DePIN Day. To access all talks, visit our YouTube channel.

Our DePIN Day showcased discussions on decentralized physical infrastructure (DePIN) from twenty seven speakers. Panels highlighted investment criteria for DePIN projects, the integration of AI, and democratizing infrastructure. Experts emphasized community building, tokenomics, and AI's role in decentralization. The event underscored DePIN's potential to revolutionize infrastructure through decentralization and economic incentives.

Explore the key insights on our blog and follow DePIN Day on Twitter.

Join us for DePIN Day Singapore

We are looking forward to our 5th DePIN Day on September 20th in Singapore around the Token 2049 Singapore conference. We think this could be our largest yet and have a great roster of speakers already.  Register now or apply for a speaking slot.

Fluence DAO News 

A new proposal on the Fluence governance forum has been voted upon and accepted. The proposal is a Software Services Agreement (SSA) between Cloudless Labs (formerly Fluence Labs) and Fluence DAO. The SSA establishes ongoing funding for Cloudless Labs to support the continued development of the Fluence platform, and includes key development goals, including adding staking functionality, Docker integration, adding GPU support and various improvements to the Fluence documentation. The funding will cover operational expenses, including salaries for developers and infrastructure costs. 

For more details, visit Fluence DAO Forum.

DePINed Podcast - New Episodes

DePINed is a podcast focused on the ecosystem of decentralized physical networks, hosted by Fluence co-founder Tom Trowbridge.

In the latest episode, Tom and Salvador Gala, co-founder of Escape Velocity, dive into Fluence's unique approach to attracting utility-focused compute providers to power a decentralized, fault-tolerant, low-cost, cloudless computing platform. This episode is filled with valuable insights covering the benefits and challenges of decentralized governance in token economies. Watch it here or listen on Spotify.

Another interesting episode in July featured Mark Rydon, co-founder and chief Strategy Officer (CCO) of Aethir - a company specializing in decentralized cloud infrastructure for gaming and AI. Tom and Mark explore various topics including global GPU Scarcity, inefficient GPU utilization and ways of addressing these challenges. Watch it here or listen on Spotify.

In an episode with Ryan Connor from Blockworks Research, the conversation focused on DePIN’s significance in crypto, Blockworks' role in standardizing research and metrics, the growing importance of computational power and its link to AI research, as well as current trends in CPU and GPU markets. Watch it here or listen on Spotify.

Last but not least - Micha Anthenor Benoliel, founder of Nodle network explained how Nodle connects the world by using smartphones as nodes to create a digital trust network for social good. Watch it here or listen on Spotify.

Fluence in the Media

  • Tom Trowbridge provided insights in a BeInCrypto article about the broader context of DePIN, emphasizing that DePIN projects are fundamentally strong despite market downturns. He highlighted the importance of real-world utility and the potential for these projects to revolutionize infrastructure and connectivity.

  • The article on Cryptowisser highlighted how Fluence plays a significant role in the transformation of digital security through DePINs. Fluence is contributing to the creation of decentralized systems that enhance data sovereignty and reduce reliance on centralized infrastructure.

  • Tom Trowbridge joined Joshuwa Roomsburg on the ChainLeak podcast, exploring Biotech Data in Fluence. Watch it here

  • Tom Trowbridge discussed the potential and challenges of blockchain technology in fostering innovation and regulatory dialogue in Brussels in Brand New Story.

  • Tom contributed to the Decrypt article by providing insights on the market dynamics leading to the liquidation of $170 million in short positions in the Bitcoin market.

And that’s a wrap! Stay up to date on all things Fluence on our community channels - Telegram, Discord and Twitter. Our team is here to support you and answer any questions you might have. Onwards and upwards!

Your Fluence Team

Disclaimer. Please stay cautious. Fluence will never ask for payments or your personal details via Telegram or Discord. Do not reply to unsolicited requests. Never send anyone your private wallet key. Beware of phishing attempts