There is a team of 37 talented individuals working on the project with the same leadership team from the start. There is a steady increase in the number of confirmed Flux transactions on the network, as seen via the explorer. If Flux makes the top 100 then it would be sitting around $3.88 and position 50 would be sitting around $14.65 which I dont think is an unrealistic goal. Halving expected some time in H1 2022, resulting in less new supply and theoretically increasing the demand on current supply.Ĭurrent market cap ranking puts Flux around position 150 on CMC with a price of $1.72 per coin at time of writing. There is a max supply of 440,000,000 coins of which 220,000,000 are in circulation.įully diluted market cap of less than $1 billion and current market cap less than $500 million Even supposed DEFI exchanges that rely on AWS went down during the recent outage which is rather ironic :-) Recent centralised Cloud Service provider outages (AWS) will draw attention to the decentralised future. There are several documented goals on the 2022 roadmap. The rewards for spinning up a FluxNode look very enticing too and it is also GPU minable for those that may not have the collateral to spin up a FluxNode. There are various tiers depending on collateral and hardware requirements start from a simple Raspberry PI 4b. The project gives the opportunity for those who believe in the tech as well as the $$ to get involved by running a FluxNode which basically contributes resource to aid with the decentralised server infrastructure. The main runonflux website is excellent, extremely informative with a lot of support articles of how to get involved and understand the ecosystem. There's also the usual Telegram and Discord channels plus lots of resource on Medium. I've been documenting daily the number of Twitter followers, CoinGecko likes and CMC watchlists, all of which have been increasing by several hundred per day. The community looks to be growing by the day. The Whitepaper is well written and informative about the project. The code is open source with a lot of commit activity on Github so this is great for transparency. There are so many other exchanges that are going to be listing Flux in the future. Its recently been added to the Wallet so hopefully soon fully listed. It's also on KuCoin and Gate.io plus a number of other smaller centralised exchanges plus DEFI exchanges. There are however Parallel Assets, in the form of Flux Tokens that can exist in a 1:1 ratio on other blockchains such as ETH, SOL, BSC etc (This is to aid with exchange listings and general interoperability amongst other things)įlux has been recently listed on Binance which has naturally caused volume to pick up. The Project started in early 2018, so its survived the ups and downs over the years which is a good sign in my book.įlux is the cryptocurrency that powers the Flux ecosystem, it is its own chain and it does not solely rely on other blockchains to exist. For those that haven't, I wanted to share some of the highlights from my own research and my reasons for being bullish on the project. The Flux Ecosystem is a fully-operational suite of decentralized computing services and blockchain-as-a-service solutions which offer an interoperable, decentralized, AWS-like development environment."įor those of you who have already discovered Flux, congrats for getting in early. Simply develop, manage, and spawn your applications on multiple servers at once. "Flux is the new generation of scalable decentralized cloud infrastructure. The ecosystem has exploded in recent years on the DEFI front and this year has seen a huge surge in the NFT and Metaverse space which got me thinking about what's the next big thing in Crypto going to be for 2022 and beyond? I have come to the conclusion that decentralised Cloud Service Providers could well be an area to boom in 2022 and beyond!Ī very quick summary of Flux plucked from CMC is below: As I would hope most of us here know, Crypto came to be way back in Jan 2009 in the form of Bitcoin v0.1 in response to the 2008 global financial crisis, as a way for people to control their own money by way of decentralisation.
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