🚨🚨SPECULATION: On Feb 1st 2025, @RunOnFlux will announce a new partnership with @nvidia , $FLUX will be listed on @krakenfx spot, and the 3rd is unknown for now. Expect some volatility.
We've been building, innovating and pushing boundaries to bring you something unlike anything you've ever seen. Stay tuned because the future is Flux and it's greener than ever.
#Flux2025
We are beyond pleased to announce that #Flux has been selected as a vendor for the UK Crown through their G Cloud initiative @gov_procurement. We will be open to bidding on government and supporting function contracts. Why is this a massive deal?
Being a vendor in the UK Government’s G-Cloud framework brings significant value to InFlux by providing access to a broad range of public sector organizations seeking cloud-based solutions. Key benefits include:
1. Increased Market Access: G-Cloud is a primary procurement platform for the UK public sector. As a vendor, InFlux gains visibility and trust, reaching a customer base that might be difficult to access independently.
2. Simplified Procurement Process: The G-Cloud framework reduces red tape for both buyers and suppliers. This streamlined process lowers acquisition costs, shortens sales cycles, and enables faster deployment.
3. Reputation and Credibility: Being an approved G-Cloud vendor boosts credibility and signals compliance with stringent government standards, often reassuring potential private sector clients.
4. Scalability and Growth Potential: The framework encourages ongoing partnerships and recurring revenue streams, as government clients tend to prioritize trusted vendors for scaling projects and expanding services.
5. Contribution to Public Sector Digital Transformation: With @InFlux_Limited offerings, the UK government can enhance efficiency, security, and sustainability in public services, aligning with government initiatives for digital transformation.
This position on the G-Cloud is strategically advantageous for expanding InFlux’s footprint and reinforcing its standing in the cloud solution market. #Flux $Flux #Depin #web3
The next two things coming from #Flux will change the game again, insane shit. The team we have in the best in TECHNOLOGY, not just #blockchain, but all of tech. Project Arcane is no fucking joke. Tick tock, next block. #DePIN#web3#FluxAI#FluxOS
🔥 Excited to unveil #FluxAI Beta!
Our groundbreaking #AI provides human-like interactions for answering questions, completing tasks, and coding at lightning speed—plus top-notch privacy and a free plan to start! 💡
Get started: https://t.co/y9snyGI4uY
Learn more from @YahooFinance: https://t.co/emBIyEkViR
And yes, it's powered by FluxEdge!
💥 As promised, our 2024 roadmap overview is now live at https://t.co/EVk50WNi9a!
Explore it and let us know in the comments what you’re most excited about! 🙌 #GPUs#AI
Please note that the roadmap provides a general guide to our planned developments. We remain flexible to adapt to market innovations and partner feedback, which may lead to adjustments or additions.
💥 Get ready for the launch of one of the world's most comprehensive platforms and marketplaces for computational resources! #FluxEdge@Flux_PoUW
Flux is poised to tackle #AI and #ML compute challenges head-on.
Save the date: March 29! ⌛
We are thrilled to welcome @EMostaque Founder of @StabilityAI as an advisor to the @rendernetwork to collaborate on next generation AI models, IP rights systems, and open standards powered by decentralized GPU computing.
https://t.co/udZjhaMAFJ
🔵Welcome to NoBS Breakdowns
This is a series where we take in depth reviews into quality Web3 projects.
In this segment we'll be looking at $FLUX
Topics will include the 3 T's
-Tech
-Team
-Tokenomics
What's Flux Network?
Flux is a L1 blockchain network that aims to bring special advancements towards decentralized cloud computing & blockchain-as-a-service solutions.
The Flux operating system runs on top of Linux, which gives it much further distribution and compute power.
The Flux Network is a fork of ZCash & in return runs on a Proof of Work (PoW) consensus mechansim.
Though their PoW system is unique as they aim to remain ASIC resistant through continual changes within their PoW algorithm.
Much like other PoW chains, $FLUX also follows a halving cycle that occurs roughly every 2.5 years.
The concept of FluxNodes are also quite an innovative introduction to the ecosystem.
These aren't like your usual crypto nodes which often are low powered, low cost hardwares.
Rather Flux requires high level enterprise grade hardware and collateral in $FLUX.
This ensures maximal efficiency for each validator node in the ecosystem.
Currently there over 11,500 FluxNodes worldwide
Flux aims to be like a library of different cloud/DLT based tools to be supported within their ecosystem & almost be like an AWS of the Web3 space.
Some of their current integrations include:
Node support hosted on Flux for other blockchain ecosystems such as:
$NEXA
$WAN
$DASH
$DESO
$DOGE
$NEOX
$PIVX
$RXD
Additionally there are also multiple applications that have been integrated with the Flux ecosystem.
Handshake is a decentralized naming platform where every peer is validating and in charge of managing the root DNS naming zone with the goal of creating an alternative to existing Certificate Authorities and naming systems.
SushiSwap is a leading cross chain DEX with a decentralized lending market, yield instruments, auction platform and staking derivatives.
Yearn Finance is a suite of DeFi products that provides yield generation, lending aggregation & etc.
Osmosis is an advanced AMM protocol built using the Cosmos SDK that will allow developers to design, build and deploy their own customized AMMs.
As we can see there is a variety of applications and different blockchain ecosystems that Flux is looking to support, truly making it like a central hub to blockchain infrastructure.
Some of the connections Flux has made in the world of business so far has been quite impressive.
For starters Flux is partnered with OVHCloud, which is a France owned cloud computing firm & owns the largest largest data center in surface area.
Through this partnership, Flux bridging the gap between Web2 and Web3 infrastructure so they can iterate tech together and build a better future for all.
They are also part of NVIDIA's Inception Program.
Much like OVHCloud being an industry leader, NVIDIA is a name that everybody has heard of at some point and are the 3rd largest company in the world today.
As a premier member Flux will be able to grow faster through access to NVIDIA’s technology and advisory, networking events and overall mentorship from one of the most successful companies.
But now lets look over the $FLUX team!
The foundings of Flux is actually from 3 members of the Zelcore team, which is a multi asset self custody wallet solution & also supports Flux.
The 3 main cofounders of Flux & Zelcore are:
Daniel Keller- Zelcore President
Tadeáš Kmenta- Zelcore CTO
Parker Honeyman- Zelcore COO
The rest of the team is also fully doxxed and they are well over 50 members strong with departments ranging from marketing, business relations, community, development, media, AI & more.
Finally lets take a look at the $FLUX tokenomics!
The main aim of $FLUX is to connect various different DLTs through their parallel assets solution.
A parallel asset is simply Flux tokens that resides on another blockchain.
This allows for the native Flux based tokens to be swapped to and from any blockchain in their parallel asset list.
No matter what asset is swapped, it’s always swapped in a 1:1 ratio cross chain for interoperability.
This is a consistently growing list with new chains being integrated but some of the main parallel asset supported chains include: Kadena, Ethereum, BSC, Tron, Solana, Avalanche.
Flux tokens work as a form of fuel on the network just like any other L1 token would, but the way one can acquire $FLUX is quite interesting.
As there is both the staking and mining aspects of the Flux network due to their consensus.
The emissions of $FLUX are split 50/50 between miners and validator nodes.
In other words, the more you provide to support the Flux ecosystem, the more it gives back to you!
Currently there are 3 different types of nodes that one can acquire in the network:
Cumulus: 1000 FLUX tokens (7.5% APY)
Nimbus: 12,500 FLUX tokens (12.5% APY)
Stratus: 40,000 FLUX tokens (30% APY)
There is also the option for those who aren't able to acquire such large amounts of $FLUX but wishing to assist in the network.
This is through the Titan nodes.
Titans are simply shared node pools with the minimum amount to join dropping to as little as 40 FLUX!
Quite a strong overall method to incentivize users to begin supporting and validating on the ecosystem.
Currently there are 343.5 mil $FLUX tokens in circulation with a total supply of 440 mil.
78% of the total supply in circulation, not bad at all by any means.
While the token use cases for Flux don't stand out as anything super unique, it simply works and provides sustainable economics to the ecosystem.
Though what is really unique is the plethora of staking options available, with the 30% APY one likely being quite enticing for community members to acquire as much FLUX as possible for maximal staking APY.
Overall the vision and use case for Flux is a strong one that brings a lot of potential to how Web2 & Web3 can merge together for combined hybrid use cases.
They certainly check off some critical narratives that I believe will be trending for this run.
Being a rather under-covered L1 gives them a lot of room to grow, on top of being one that supports cross chain ecosystems and the parallel nature of the network.
While most crypto L1s are focused on creating a new ecosystem only native to Web3....
Flux is doing it differently by bringing both core infrastructures together to live ontop of their ecosystem.
Thank you for tuning into the initial return of NoBS Breakdowns!
Stay tuned for Wednesday as we enter our next breakdown👀
The $OCEAN ATH was around $1.92 in the previous bull market, and didn’t even get much chance to really flex.
Look at what they’ve built since and tell me they can’t at least 2x the previous ATH this time.
Hit like and repost if you agree.