The bull run is around the corner and to make the best out of this bull run we must find the correct gem token coming from the strong narrative. If we talk about the trending and most talked about narratives in the past then Gamefi, AI, Metaverse and recently RWA are the one that comes in our mind. Those who invested in RWA projects with good background might already have made 10X easily. I myself made 3X in less than two month in one of the RWA projects recently.
So which narrative am I talking about today? I am talking about the DEPIN which stands for Decentralized Physical Infrastructure Networks. This narrative supports the Physical Infrastructure that can include CPU or GPU or clouds that are backed by blockchain protocols that help maintain then and also execute them in a Decentralized manner and this is why this Narrative becomes important as this can be one of the biggest thing in near future.
The Project I am talking about is Fluence and this is the project which is working on Cloudless Computing. I will be talking about why I am counting on this project.
So here is something which I think will make fluence shine in upcoming months when people start talking about the or when the DEPIN narratives comes under trending section. Fluence lowers the cost of cloud computing by 60-80% compared to the centralized services that are already available in the market like AWS.
Secondly it adds a cryptographic security layer to the computation process to make jobs verifiable and ensure that your computing was executed. That is something blockchain technology gives it so that is one one of the benefits in my opinion. Lastly they claim to be a fully decentralized ecosystem which is obviously a point of debate as I myself don't see a truly decentralized ecosystem in this world. I do consider bitcoin to be the most decentralized network but not any other.
Now when we talk about the project and it's potential we surely can't miss the big industry players who are already invested and interested in the project. Cloud less computing and this is something the existing big blockchains should be interested in this already and guess what? When I saw their investors and existing projects that were already counting on them I got amazed. have a look below.
Multicoin Capital, Filecoin and Arweave are three big names which I can confirm here and that is why I have already took an entry to this coin named FLT.
I just shared about the project and I will ask readers to do their own research before they plan to put their money in to it. It is a low cap coin right now but It has big goals and investors already. I will increase my position in this token if it falls below $1. Also I have put less than 1% of my portfolio in this token for now but with time I will see if that can be increased to 2-3%.
That is all for today.
Thank you
