Fleek Network Upcoming Potential Testnet

Fleek Network is an open-source Edge Computing Platform Built on a distributed network of nodes.

It is designed to deliver computation cheaper, faster and more efficiently than existing cloud providers by allowing anyone to offer computer resources for rewards.

The Fleek Network is a POS protocol. It takes advantage of Ethereum for staking, payments, governance and other economic features.

The utility token is already confirmed to be $FLK.

Modular Framework

🏌️Service that deploys a virtual machine, such the EVM and other VMs can be built and deployed to Fleek Network.

🏌️It Can also act as an alternative sequencer

🏌️It can be used to launch Ephemeral Rollups

Testnet Participation

Fleek Foundation announced the commencement of their testnet phase 3. The testnet phase 3 will commence on 31st of January and will round up by 14th of February.

Team will announce next step required.

Previously, phase deals with node operations. This phase is different.

In this phase, Testnet participants will have access to a code playground where they can upload a JS file for their function which is then uploaded to IPFS. Users will then get a Fleek Network-run function that they can experiment with anywhere in their builds.

Prior to the next phase (Phase 4), might also involve Node operators. Genesis node operators will be chosen.

There might be an announcement soon about that.

Fleek Token (FLK)

However, The FLK Token will be used for staking to node operators in order to participate in the network and to have the opportunity to earn fees for providing work.

Possible Tokenomics

66% of $FLK will most likely got to the community.

Core Contributors: 17%

Node Operators and Backers will be 17%

20% of supply will most likely go for Airdrop and incentives.

Missed phase 1 and 2 ? Don't Miss phase 3 which will commence in few days time.

Since the community allocation 66%.

20% is allocated for Ecosystem funds which includes Airdrop.

These are full Details prior to the upcoming testnet which will begin on 31 of January.

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