Cloud Costs Cut by 80%: The Magical DePIN Pledge Unveiled!

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On the fateful day of February 26, 2025—a day that will surely echo through the annals of cloud computing—Fluence, that whimsical sorcerer of technology, unfurled its enigmatic “DePIN Pledge” in the enchanting city of Denver. This pledge, it proclaimed with a flourish, promised to conjure a staggering reduction of cloud computing costs by a magical 60-80% through the hocus pocus of Decentralized Physical Infrastructure Networks (DePIN). 🎩✨

Meanwhile, in the shadowy corners of the tech realm, the mighty centralized titans—AWS, Azure, and Google Cloud—have held dominion over an impressive 70% of the global cloud market, as estimated in the scrolls of 2024. Yet, alas, their prices weigh heavily on the backs of poor Web3 projects, as if they were burdened with leaden weights. 📈😅

With a treasure chest filled with $14 million in backing, Fluence boldly asserts that DePIN can wield its proverbial axe to chop away these burdensome expenses while bestowing the gift of decentralization upon the masses. And so, dear reader, let us embark on this data-driven journey! 🚀📊

The DePIN Pledge: A Quest to Topple Sky-High Cloud Costs

Behold! Fluence, that intrepid cloudless computing platform born in 2017, has launched its DePIN Pledge to entice the brave knights of Web3 and crypto companies towards the hallowed halls of decentralized infrastructure. 🏰⚔️

Tom Trowbridge, the illustrious Co-Founder & CEO of Fluence, proclaimed from the mountaintops on that momentous day, “We expect a veritable cornucopia of DePIN products and services to be utilized by projects and companies in the forthcoming years.” A noble vision indeed! 🥳

60-80% Cheaper Than Legacy Clouds

Ah, the centralized clouds—the AWS, the Azure, and the Google Cloud—have a knack for binding their clients with golden chains of exorbitant fees. Fear not! For Fluence claims that DePIN shall sever these chains, reducing compute costs by a grand 60-80% compared to these ancient behemoths. 📉🗝️

Indeed, the company verifies services, a magical incantation that eliminates the dreaded vendor lock-in. The promise of cost slashing speaks to the hearts of Web3 projects beset with rising compute demands, particularly for those arcane realms of AI and blockchain. 🧙‍♂️🔗

At the dawning of the DePIN Pledge, we find illustrious signatories from the realm, including the likes of Consensys, Polygon, Helium, and many more. These bold firms have pledged their allegiance to this noble cause, aiming to lower costs while steering the ship of decentralization into calmer waters. 🌊⛴️

Clemens Wan, the valiant Solutions Architect and AI Evangelist at Consensys, declared on that fateful day, “DIN’s vision is to bring forth high-performance Web3 infrastructure through the mystical avenues of permissionless and decentralized mechanisms. We stand with the DePIN Pledge, for Web3’s promise demands cost-effective, decentralized services.” This proclamation resonates with Infura’s grand mission to advance the realm of decentralized infrastructure. 🚀🌐

Jing Sun, co-founder of IoTeX, aptly remarked, “IoTeX’s mission is to empower true data ownership while dancing to the rhythm of decentralization. The DePIN Pledge showcases how protections of this nature not only reduce costs but also elevate security and transparency to ethereal heights.” 📜✨

Fluence’s $100M Hardware Push

Fear not, for Fluence’s DePIN platform introduces a low-cost alternative to the oppressive centralized clouds! With $14 million already captured in its magical coffers, and an ambitious $100 million slated for hardware enhancements, Fluence seeks to expand its network to meet the rising demands of Web3. 🌌💪

to slash cloud costs, dismantle centralized dependencies, and empower communities to take charge of their economic fates. The breathtaking 60-80% cost reduction could very well herald a revolution in Web3 economics. ⚔️🕊️

Signatories shall be graced with a manifesto and a DePIN Pledge NFT, glimmering on the Ethereum blockchain, symbolizing their steadfast commitment. Embrace this new era at DePINpledge.xyz or follow #DePINPledge on X for the latest whimsical updates. 🖋️🎨

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2025-02-27 04:38