Flux Aims to Launch 20 Dapps in 20 Days, What is the Flux Ecosystem?

The Flux computational network is aiming to make a big splash in July with the launch of 20 apps in as many days.

By
Robert D. Knight
on
June 24, 2021
Category:
Blockchain News

20 Apps in 20 Days

Flux, which bills itself as a suite of “decentralized computing services and blockchain-as-a-service solutions” is readying itself for a headline event that will see the company release an app a day starting on July 1st. Flux intends for ‘20 apps in 20 days’ to consolidate its position as a key player in the decentralized internet of the future.

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The Flux Ecosystem

Flux is a Proof-of-Work blockchain incentivized by its native currency Flux (FLUX) which is leveraged to create an AWS-like development environment. The Flux token is used as a means of incentivization on the network for hardware hosters, governance on-chain, as well as bad actor mitigation via staking requirements for running hardware. Flux OS operates on Linux to offer what it calls enterprise-grade computing power. In total, the network boasts 200TB of SSD storage, 3500 vCores of CPU power, and 10TB of RAM. 

To date, some of the projects hosted on Flux have included Zelcore, a multi-asset digital wallet, and Dibifetch, a market-rate aggregator and API data source. Now the project is preparing for a whole new level of market exposure with the launch of multiple apps in a very short time period.

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Besides its core function as a decentralized cloud computing environment, Flux has a number of other features which merit attention. For instance, FLUX hodlers can earn more FLUX simply by holding their tokens in the previously mentioned Zelcore wallet. Flux tokens can also be bought and sold on other blockchains besides Flux. For instance, there is the Flux-ETH token and a Flux-BSC token - which are Flux tokens on Ethereum and Binance Smart Chain. Every time a new parallel asset is introduced to Flux, Flux holders receive an airdrop of the token. In total, the company hopes to launch around 10 parallel assets.

As a Proof-of-Work blockchain, Flux requires miners to secure the network and ensure its longevity. Flux miners can not only enjoy mining Flux tokens on the Flux blockchain but can also receive parallel mining rewards in the form of Flux-ETH and Flux-BSC. It has an infinite supply, but it was not pre-mined and did not do any second-rate token distributions. The miners and node operators grow the platform symbiotically.


Ready to Go

The apps which Flux intends to launch during ‘20 apps in 20 days’ remain a closely guarded secret. What impact this festival of app launches will have on their network remains to be seen, but it may rest upon the quality of the tools and applications they deliver. Rival chains and curious minds will no doubt focus their attention on Flux from July 1st to find out exactly what the network has in store for users.

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Robert D. Knight

Robert D. Knight is an experienced journalist and copywriter who has been working in crypto for 4+ years. His bags are heavy and he also hodls some cryptocurrency.

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