Crypto Daily™
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DePIN Pledge Slashes Cloud Costs By 80%, Says Fluence
On February 26, 2025, Fluence launched the “DePIN Pledge” in Denver, promising to cut cloud computing costs by 60-80% using Decentralized Physical Infrastructure Networks (DePIN).
Centralized giants like AWS, Azure, and Google Cloud dominate 70% of the global cloud market, per 2024 estimates, but their prices strain Web3 projects.
Fluence, backed by $14 million in funding, says DePIN can slash those bills while boosting decentralization. Here’s the data-driven story.
DePIN Pledge Targets Sky-High Cloud Costs
Fluence, a DePIN cloudless computing platform founded in 2017, launched the DePIN Pledge to push Web3 and crypto firms toward decentralized infrastructure.
Tom Trowbridge, Fluence’s Co-Founder & CEO, said on February 26, 2025, “We expect a wide range of DePIN products and services used by projects and companies over the coming years.”
The pledge, detailed in a press release, targets centralized hyperscalers charging 60-80% more than Fluence’s DePIN alternative.
Fluence’s network, funded by $14 million from investors like 1KX, Multicoin, and Tiger Global, plans a $100 million hardware expansion. This could scale DePIN’s reach, cutting costs for Web3 users.
Cost Savings: 60-80% Cheaper Than Legacy Clouds
Centralized clouds like AWS, Azure, and Google Cloud lock in clients with high fees. Fluence claims DePIN reduces compute costs by 60-80% compared to these providers.
The company verifies services, eliminating vendor lock-in. This cost cut targets Web3 projects struggling with rising compute demands, especially for AI and blockchain.
Initial DePIN Pledge signatories include The DePIN Pledge launches with the collaboration of leading companies like Consensys, Polygon, Helium, Gelato, Impossible Cloud Network, IoTEX, Infura, Spheron, BlockScout, Pocket Network, Outlier Ventures, NodeOps, IO.NET, OpenMesh, NuNet, RapidNode, AnyType, iExec, Aleph Cloud, Heurist, Derad Network, and more. These firms commit to adopting DePIN, aiming for lower costs and decentralization, per the February 26, 2025, announcement.
Clemens Wan, Solutions Architect and AI Evangelist at Consensys, stated on February 26, 2025, “DIN’s vision is to bring high-performance Web3 infrastructure, including RPC, via permissionless and decentralized mechanisms. We support the DePIN Pledge because Web3’s promise requires cost-effective, decentralized services.” This aligns with Infura’s mission to advance decentralized infrastructure.
Jing Sun, Co-founder of IoTeX, added, “IoTeX’s mission is to enable true data ownership and decentralization. The DePIN Pledge highlights how decentralized infrastructure reduces costs while enhancing security and transparency.”
Fluence’s $100M Hardware Push
Fluence’s DePIN platform offers a low-cost alternative to centralized clouds. With $14 million raised and $100 million slated for hardware, Fluence scales its network.
This expansion targets Web3’s growing need for compute power, driven by AI’s demand for data and processing. The DePIN Pledge creates a marketplace on DePINpledge.xyz, listing verified companies adopting decentralized infrastructure.
Trowbridge noted, “The future of DePIN sees communities gaining control over systems shaping their lives.” This cost-saving approach counters centralized control, per the press release.
Fluence’s DePIN Pledge launched on February 26, 2025, with clear goals: slash cloud costs, end centralized dependency, and empower communities. The 60-80% cost reduction could reshape Web3 economics.
Signatories receive a manifesto and a DePIN Pledge NFT, auditable on Ethereum, symbolizing their commitment. Join at DePINpledge.xyz or follow #DePINPledge on X for updates.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Centralized giants like AWS, Azure, and Google Cloud dominate 70% of the global cloud market, per 2024 estimates, but their prices strain Web3 projects.
Fluence, backed by $14 million in funding, says DePIN can slash those bills while boosting decentralization. Here’s the data-driven story.
DePIN Pledge Targets Sky-High Cloud Costs
Fluence, a DePIN cloudless computing platform founded in 2017, launched the DePIN Pledge to push Web3 and crypto firms toward decentralized infrastructure.
Tom Trowbridge, Fluence’s Co-Founder & CEO, said on February 26, 2025, “We expect a wide range of DePIN products and services used by projects and companies over the coming years.”
The pledge, detailed in a press release, targets centralized hyperscalers charging 60-80% more than Fluence’s DePIN alternative.
Fluence’s network, funded by $14 million from investors like 1KX, Multicoin, and Tiger Global, plans a $100 million hardware expansion. This could scale DePIN’s reach, cutting costs for Web3 users.
Cost Savings: 60-80% Cheaper Than Legacy Clouds
Centralized clouds like AWS, Azure, and Google Cloud lock in clients with high fees. Fluence claims DePIN reduces compute costs by 60-80% compared to these providers.
The company verifies services, eliminating vendor lock-in. This cost cut targets Web3 projects struggling with rising compute demands, especially for AI and blockchain.
Initial DePIN Pledge signatories include The DePIN Pledge launches with the collaboration of leading companies like Consensys, Polygon, Helium, Gelato, Impossible Cloud Network, IoTEX, Infura, Spheron, BlockScout, Pocket Network, Outlier Ventures, NodeOps, IO.NET, OpenMesh, NuNet, RapidNode, AnyType, iExec, Aleph Cloud, Heurist, Derad Network, and more. These firms commit to adopting DePIN, aiming for lower costs and decentralization, per the February 26, 2025, announcement.
Clemens Wan, Solutions Architect and AI Evangelist at Consensys, stated on February 26, 2025, “DIN’s vision is to bring high-performance Web3 infrastructure, including RPC, via permissionless and decentralized mechanisms. We support the DePIN Pledge because Web3’s promise requires cost-effective, decentralized services.” This aligns with Infura’s mission to advance decentralized infrastructure.
Jing Sun, Co-founder of IoTeX, added, “IoTeX’s mission is to enable true data ownership and decentralization. The DePIN Pledge highlights how decentralized infrastructure reduces costs while enhancing security and transparency.”
Fluence’s $100M Hardware Push
Fluence’s DePIN platform offers a low-cost alternative to centralized clouds. With $14 million raised and $100 million slated for hardware, Fluence scales its network.
This expansion targets Web3’s growing need for compute power, driven by AI’s demand for data and processing. The DePIN Pledge creates a marketplace on DePINpledge.xyz, listing verified companies adopting decentralized infrastructure.
Trowbridge noted, “The future of DePIN sees communities gaining control over systems shaping their lives.” This cost-saving approach counters centralized control, per the press release.
Fluence’s DePIN Pledge launched on February 26, 2025, with clear goals: slash cloud costs, end centralized dependency, and empower communities. The 60-80% cost reduction could reshape Web3 economics.
Signatories receive a manifesto and a DePIN Pledge NFT, auditable on Ethereum, symbolizing their commitment. Join at DePINpledge.xyz or follow #DePINPledge on X for updates.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.