Functionland: The next Web 3 unicorn disrupting AI & cloud computing

/EIN News/ -- TORONTO, March 14, 2025 (GLOBE NEWSWIRE) -- The next web 3 unicorn isn’t another DeFi protocol or NFT marketplace, it’s Functionland, a decentralized powerhouse set to disrupt the $650 billion cloud computing and AI infrastructure industry. The web 3 ecosystem has witnessed the rise of unicorns like Filecoin, which decentralized storage, and Chainlink, which secured smart contracts. However, the next significant disruption lies in AI and cloud computing, where the demand for computational and storage power is escalating rapidly. Functionland is at the forefront of this transformation, leveraging DePIN and DePAI to revolutionize the $650 billion cloud computing and AI infrastructure industry.

DePAI, the multi-billion dollar opportunity: AI meets DePIN

The demand for compute and storage is surging, fuelled by AI breakthroughs, real-time data processing, and an increasing reliance on large-scale cloud infrastructure. However, centralized cloud providers like AWS, Google Cloud, and Microsoft Azure remain a costly bottleneck, controlling access and pricing. Functionland addresses this challenge by decentralizing cloud computing and storage, cutting costs by up to 60% while ensuring privacy and true data ownership.

Functionland enables anyone to contribute their unused computing and storage resources, earning FULA rewards while supporting AI-driven applications, dApps, and enterprises. With 1,000+ nodes already shipped, a 100,000+ waitlist, and strategic partnerships with Filecoin, IoTex, Dfinity, and Singularity, Functionland is bridging web 2 and web 3 to create a decentralized data and compute logistics platform, powering the AI-driven future with no single point of failure.

Why Functionland is the next web 3 unicorn

• AI-Native infrastructure: Functionland is not just another decentralized storage network; it is a full-stack AI compute and data network. Traditional cloud solutions are struggling to keep up with AI’s demand for scalable, distributed computing. Functionland’s infrastructure allows developers, enterprises, and decentralized applications to access affordable, distributed storage and compute power, unlocking new possibilities for AI innovation without relying on centralized service providers.
• Market traction: The cloud and AI infrastructure market is projected to reach trillions of dollars in the coming years, and Functionland is positioned to capture a significant share of this growth. The company is on track to generate $14 million in annual recurring revenue (ARR) within the next 18 months, with a target of $100 million in five years. With a team comprising ex-Robinhood, ex-Amazon, and Protocol Labs advisors, Functionland is backed by industry veterans who understand the nuances of scaling decentralized ecosystems and enterprise adoption.
• Real adoption, real users: Unlike many blockchain projects that remain conceptual or purely speculative, Functionland has already deployed physical infrastructure with real users actively participating. The FxBlox hardware nodes allow individuals and businesses to seamlessly join the network, providing compute and storage capacity while earning rewards. This tangible adoption of decentralized cloud computing sets Functionland apart from many token-driven projects that lack real-world utility.
• DePIN dominance and web 3 leadership: The DePIN sector is rapidly becoming one of the most promising segments in web 3, allowing users to monetize real-world resources like computing power and storage. Functionland is strategically positioned at the intersection of AI, DePIN, and decentralized cloud computing, making it a critical component of the web 3 infrastructure stacks. It is poised to become the Filecoin of compute, the Helium of AI, and the Chainlink of decentralized data, a fundamental building block for the next generation of blockchain-powered applications.

As AI, DePIN, and web 3 converge, the next web 3 unicorn will be the one that powers AI and cloud computing without centralized gatekeepers. Functionland is connecting the dots.

The FULA token launch is set for March 2025. Learn more and get priority access at fx.land.

About Functionland

Functionland is a decentralized platform transforming the $650 billion cloud computing and AI industry. By combining DePIN and DePAI, it allows users to contribute unused compute and storage resources, cutting costs by up to 60% while ensuring privacy and data ownership. With over 1,000 nodes deployed, a 100,000+ waitlist, and partnerships with Filecoin, IoTex, Dfinity, and Singularity, Functionland is bridging Web 2 and Web 3, powering AI-driven applications and decentralized systems. Positioned to lead the future of cloud computing, Functionland is redefining the landscape of decentralized infrastructure.

Contact:
Ehsan Shariati
Ehsan@fx.land

Disclaimer: This press release is provided by Functionland. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector--including cryptocurrency, NFTs, and mining--complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.

Legal Disclaimer: This media platform provides the content of this article on an "as-is" basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the author mentioned above.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a585534f-58d8-4744-a476-34f77b0a4cfd