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Functionland, with its native token FULA, is reshaping the landscape of decentralized cloud solutions. At the heart of its innovation lies the Fula Platform, which transforms idle device storage into decentralized data centers, reducing storage costs by 60% while ensuring data sovereignty. This platform not only enhances storage efficiency but also leverages decentralized compute and GPU resources, setting the stage for a new era in AI development.
Functionland operates as a contractor for the Fula Governance Association, focusing on marketing, development, and maintenance of the Fula network and blockchain. It is distinct from the Fula Governance Association, which handles token sales and management. The network's backbone is supported by a dedicated node and a powerful NPU for AI processing, enhancing its infrastructure's scalability and security.
The Fula Network offers secure, encrypted storage and facilitates a global digital currency exchange. Users can engage in staking, acting as validators, collators, or nominators within the ecosystem. A unique governance mechanism underpins the network, requiring a 24-hour lock time for contract upgrades, ensuring community involvement and security. This governance proxy allows for proposals to be voted on, ensuring that any upgrades reflect the collective decision of the network's participants.
What is the technology behind Functionland?
Functionland is redefining the landscape of data infrastructure with its innovative Fula Platform, a decentralized blockchain network that empowers individuals to transform their devices into mini data centers. This platform leverages the idle storage capacity of personal devices, offering a cost-effective solution for data storage that reduces expenses by 60%. At the heart of this technology is the Fula network, which integrates protocols developed by decentralization experts like Protocol Labs, ensuring a robust and scalable environment for decentralized applications (dApps).
The blockchain technology behind Functionland is designed to be highly decentralized and scalable, making it an ideal foundation for Web3 applications. This is achieved through a combination of a powerful Neural Processing Unit (NPU) and a Software Development Kit (SDK) that facilitates the creation and deployment of dApps. The decentralized nature of the blockchain not only enhances scalability but also fortifies the network against potential attacks from malicious actors. By distributing data across multiple nodes, the blockchain ensures that no single point of failure exists, making it exceedingly difficult for attackers to compromise the system.
Security is a paramount concern for Functionland, and the platform employs a governance mechanism that acts as a proxy to safeguard the integrity of the network. This mechanism requires a voting process to approve any upgrades to the contract, with a mandatory lock time of 24 hours. This ensures that any changes are thoroughly vetted by the community, adding an additional layer of security and transparency to the network.
Functionland's approach to data storage and processing is not only secure but also environmentally conscious. By utilizing existing device resources, the platform minimizes the need for large, energy-intensive data centers, thereby reducing the overall carbon footprint associated with data storage. This aligns with the growing demand for sustainable technology solutions in the digital age.
In addition to its core blockchain technology, Functionland offers the FULA token, which plays a crucial role in the ecosystem. This token is used for transactions within the network, facilitating the exchange of storage and compute resources among users. The use of FULA incentivizes participation in the network, encouraging individuals to contribute their device resources in exchange for rewards.
The Fula Platform is also poised to make significant contributions to the field of artificial intelligence (AI). By extending the use of decentralized compute and GPU resources, Functionland provides a scalable and cost-efficient infrastructure for AI development. This opens up new possibilities for innovation in AI, as developers can access powerful computing resources without the prohibitive costs typically associated with traditional data centers.
Functionland's technology is a testament to the potential of decentralized systems to transform industries by offering secure, scalable, and cost-effective solutions. Through its innovative use of blockchain technology, Functionland is paving the way for a new era of data infrastructure that prioritizes user empowerment, data sovereignty, and environmental sustainability.
What are the real-world applications of Functionland?
Functionland (FULA) is transforming the landscape of data storage and AI infrastructure with its decentralized approach. By enabling individuals to use their devices as decentralized data centers, Functionland offers a cost-effective and secure alternative to traditional cloud services. This platform reduces storage costs by 60% and ensures data sovereignty, making it an attractive option for those concerned about privacy and control over their data.
One of the standout applications of Functionland is its ability to create decentralized alternatives to popular centralized mobile apps like OneDrive, Apple Photos, Instagram, and YouTube. This shift not only provides users with more control over their data but also supports the development of decentralized physical infrastructure networks and content delivery systems. Such networks are crucial for the future of decentralized computing, offering a robust framework for various applications.
Functionland also integrates a powerful Neural Processing Unit (NPU) that allows for the execution of AI models while maintaining user privacy. This feature is particularly relevant in an era where AI is becoming increasingly integral to various industries. The platform's focus on privacy and security makes it a compelling choice for developers and businesses looking to leverage AI without compromising user data.
Additionally, Functionland has several live applications available on Google Play and the App Store, showcasing its practical utility and user-friendly approach. The platform's future plans include onboarding more Web2 applications and offering payment options via credit card, further broadening its appeal and accessibility.
In the broader context, Functionland's decentralized data storage platform is poised to disrupt traditional cloud computing and AI infrastructure industries. By providing a secure, reliable, and scalable solution, it holds significant potential for long-term growth within the cryptocurrency ecosystem.
What key events have there been for Functionland?
Functionland, with its cryptocurrency FULA, has made significant strides in the blockchain and AI infrastructure landscape. At the heart of its innovation is the Fula Platform, which transforms data infrastructure by allowing users to monetize their devices' idle storage as decentralized data centers. This approach not only reduces storage costs by 60% but also enhances data sovereignty and leverages decentralized compute and GPU resources, setting a new standard for AI development.
One of the pivotal moments for Functionland was the creation of the Fula Governance Association. This body plays a crucial role in the governance of the platform, ensuring that decisions are made collectively and transparently. The governance mechanism is designed to be a proxy, requiring votes to upgrade contracts with a 24-hour lock time. This ensures that any proposal for contract upgrades is thoroughly vetted by the community before implementation.
Another significant development was the launch of the FxBlox NPU, a neural processing unit that integrates seamlessly with the Fula Platform. This device enhances the platform's capabilities by providing efficient processing power, crucial for AI applications. The FxBlox NPU represents a leap forward in making decentralized AI infrastructure more accessible and efficient.
Functionland's integration with various blockchain ecosystems, including Ethereum, Polkadot, and Polygon, marks another milestone. These integrations expand the platform's reach and interoperability, allowing it to tap into the diverse functionalities and user bases of these established networks. By aligning with these ecosystems, Functionland enhances its scalability and adaptability in the rapidly evolving blockchain space.
The FULA Launch Party on March 18th was a key event that underscored the community's enthusiasm and support for the project. This event not only celebrated the launch of FULA but also highlighted the project's vision and future potential. It served as a platform for engaging with stakeholders and showcasing the innovative solutions that Functionland brings to the table.
Functionland's journey is characterized by its focus on security, cost-efficiency, and scalability. By empowering users to participate in a decentralized ecosystem, it redefines the future of AI development and data infrastructure. Through strategic developments and community-driven governance, Functionland continues to make significant contributions to the blockchain and AI sectors.
Who are the founders of Functionland?
Functionland (FULA) emerges as a transformative force in the realm of decentralized data infrastructure, spearheaded by founders Ehsan Shariati and Keyvan Sadeghi. These visionaries have crafted a platform that empowers users to monetize idle storage, significantly reducing costs and enhancing data sovereignty. Ehsan Shariati, with a background in technology and innovation, plays a pivotal role in shaping the strategic direction of Functionland. Keyvan Sadeghi, known for his expertise in blockchain solutions, contributes to the technical development and execution of the platform's ambitious goals. Together, they drive Functionland's mission to redefine AI infrastructure.
How much is total token supply?
Total token supply is 2B FUAL tokens and fixed cap, meaning it never increases. The tokens were initially minted on Ethereum and then distributed across 4 chains as of 30-Mar-2025:
Skale, IoTex, Base and Ethereum.
https://fx.land/token
Why token contract is a proxy
The whole blockchain landscape is an agile and speedy environment. The upgradable proxy contract is designed to ensure the contract can accommodate new advancements in blockchain. However, to eliminate the concerns of token holders on the unwanted changes, we implemented a governance approach for upgrades. To upgrade the implementation, an admin must create a proposal, Then other voters of DAO must vote for the new implementation and if approved it can be executed only after the lock time expires. The lock time is 24 hours after the proposal is created. This ensures that tokens holder can be notified of any upgrade proposal 24 hours before it can be executed.
The live Functionland price today is $0.004608 USD with a 24-hour trading volume of $299,914 USD. We update our FULA to USD price in real-time. Functionland is down 12.82% in the last 24 hours. The current CoinMarketCap ranking is #3666, with a live market cap of not available. The circulating supply is not available and a max. supply of 2,000,000,000 FULA coins.