- Token Distribution Date 2BA
- Min. Allocation 200.00 BUSD
- Max. Allocation 1500.00 BUSD
- Token Price 1 FLUX = $0.01
- Access type Seed
- Token Name FLUX
- Token Symbol FLUX
- Decimals 18
- Address 0x22d40020282DEMO
- Total Supply 440,000,000 FLUX
FLUX is an Ethereum token that powers FLUXstreet, a metaverse and multiplayer online game incorporating shopping, gaming, NFTs, and traditional brands. Users can play-to-earn FLUX by completing quests, socializing, and shopping for NFTs. FLUX can be used to access special events and areas in-game, purchase items, and vote on the direction of the platform.
|Sale Begins||1.12.2023 02:00:00 UTC||1.02.2024 16:00:00 UTC|
What is Flux?The first element in discussions on Flux web3 functionalities would emphasize the definition of Flux. One of the simple definitions of Flux describes it as a combination of Blockchain-as-a-Service and decentralized computing solutions featuring similarities to AWS. Flux has its own Linux-based cloud operating system, known as FluxOS. In addition, the web3 Flux ecosystem features enterprise-grade server hardware for hosting the Flux nodes and a Proof of Work-based cryptocurrency token.
In technical terms, Flux can be defined as a cloud-based computational network featuring decentralization for designing, creating, and deployment of cross-platform blockchain applications with scalability and interoperability. The answers to “What is web3 Flux?” would also draw attention toward the use of its independent blockchain alongside seven other chains.
The nodes on the Flux blockchain could contribute their computing resources to the chain in return for rewards in the form of crypto. It is also important to note that all dApps in the Flux ecosystem could utilize the computing resources in it. The extensive network of nodes participating in the Flux ecosystem ensures that Flux could offer the assurance of higher scalability.
Another important highlight in the definition of Flux blockchain refers to the BaaS or Blockchain-as-a-Service concept. The BaaS concept could facilitate computing resources alongside blockchain infrastructure through the cloud-based model. Therefore, it is reasonable to assume that Flux can bridge the gap between web2 and web3 solutions.
How? The design of Flux is the same as other popular cloud service providers such as Google Cloud, Microsoft Azure, and Amazon Web Services. While the traditional cloud service providers follow the web2 approach and run on the internet as the native environment, Flux web3 delivers its services on blockchain. As a result, Flux could facilitate better security alongside decentralization on the basis of blockchain technology.
The definition of Flux would also draw the limelight on parallel assets, which help in maintaining links with other blockchains. Parallel assets are native tokens on other blockchains which are included in the Flux ecosystem. You can find one parallel asset token dedicated to every blockchain associated with the Flux ecosystem.
Origins of Flux
Prior to exploring answers for “Is Flux the future of web3?” you should turn your eyes toward its origins. Flux emerged as a result of a fork in ZCash, a renowned Bitcoin fork. The project was launched in 2018 by the name of ZelCash or ZEL. The ecosystem achieved its present name in March 2021 with the rebranding to Flux. Beginners must also pay attention to the possibility of confusing web3 Flux ecosystem with other projects. For example, the decentralized finance protocol, Datamine Flux or the oracle-based service, Flux Protocol.