Fleek Network

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07 Jan 2019 - 08 May 2025
Easy High Reward Hot Epic Limited

Fleek aims to become “Vercel for AI agents,” offering a comprehensive set of cloud services to developers. Powered by Fleek network - a decentralized network of nodes, it allows users to contribute computing power to the network and earn rewards, while businesses can opt in and deploy their agents on Fleek.

$FLK is a native token of the platform, the main utility of which is to access premium features of the Fleek network crypto via staking, paying fees, and incentivizing nodes.

Since its inception in 2018, it has managed to raise $25M from the leading Web3 investors like Polychain Capital, Coinbase Ventures, and others. Now it aims to raise $5M more via public sale on CoinList. link

CoinLaunch Score: Very High
Last update: 07 Nov 2023

Fleek Network - WAITLIST Overview

Ticker: (FLK)
Start Date: 07 Jan 2019
End Date: 07 Jan 2019
Country: +1
Whitelist: No
KYC: Yes
Bounty: No
MVP: Yes
Security Audit: No
Raise Fund: $35,000,000
Block Chain:
ETH
Industry:

Fleek Network - Review

Fleek is an Agentic Cloud infrastructure purpose-built for AI agents and virtual influencers developments. It completely streamlines the process of creating, hosting, and monetizing the AI agents by offering a diverse range of tools and services in a single unified, developer-friendly environment. These include:

  • AI Agent hosting and Web services providing;
  • LLMs support;
  • Agent monetization tools;
  • Social integration tools;
  • Agent’s capacity enhancement tools
  • MCP servers provision.

Fleek is powered by a decentralized edge computing platform designed to accelerate the growth of decentralized web services. 

There, users are able to earn rewards for contributing their computing power by running a node. At the same time, developers are able to acquire these resources to build and manage their applications. This way, developers are able to optimize the performance of their apps and reduce dependency on centralized cloud providers, breaking the monopoly of large tech corporations over such services. 

🪙 Fleek network token: According to the CoinList sale page, Fleek crypto protocol will have a native $FLK token that will be used for staking to access the premium features of the platform, paying fees for agent marketplace services, and incentivizing nodes. 

On April 24, the platform announced the ICO sale of the Fleek token, aiming to raise $5M. The registration period is set to occur on May 1st and run till May 8, 2025 using the “Filling Up from the Bottom” concept.
 

Considering this info, we completely analyzed the project and found out the list of its most notable pros and cons:

✅ Fleek network pros:

  • The product partially aligns with the current market narrative - the AI agents trend;
  • Low FDV ($75M). To compare, crypto funds entered the project with lockups at $60M and $200M valuation;
  • 100% unlock at TGE;
  • Very good SEO performance;
  • Above the average Growth marketing;
  • Qualitative network of top-tier backers, such as Polychain Capital and Coinbase;
  • Decent network of partners.

❌ Fleek network cons:

  • No security audits. However, DePIN projects rarely conduct audits;
  • Relatively big IMC (near 30% at TGE);
  • Quite high token inflation rate (near 3% monthly);
  • The last investment was made relatively long time ago; 
  • Weak SMM and PR;
  • Low Influencer Marketing, Marketing Infrastructure, and Growth Marketing activity;
  • Limited info on core team members.

Fleek Network - Token Economy

Total Raise: $35,000,000
Pre Sale: 20,000,000 (20%)
FDV: $75,000,000
Total Supply: 100,000,000
Public Sale: 6,666,667 (6.67%)
Initial Circulation Supply: $22,500,000 (30% of FDV)

Fleek Network - Token Sale Rounds

Price: N/A
Tokens for sale: N/A
Raise: $5,000,000
Lock-Up: Seed
Start Date:

20 Apr 2019

End Date:

29 Apr 2019

Fleek Network - Team