Flux: everything you need to know about FLUX
Axel has been immersing himself in the world of crypto and blockchain for quite some time, which he then translates into understandable articles.
Flux facts
Abbreviation
FLUX
Category
Decentralized cloud infrastructure
Founder(s)
Daniel Keller
Blockchain
Ethereal.
Protocol
ERC-20
Launch date
August 8, 2018
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What is Flux?
Flux is a cryptocurrency and a complete ecosystem for Web3. The goal? Giving everyone the tools to contribute to a decentralized internet. The FLUX token forms the backbone of this ecosystem: you use it for payments, transaction fees, running nodes, and as a reward for contributors to the network.
How does Flux work?
Flux operates on a Proof-of-Work (PoW) mechanism - similar to Bitcoin - and rewards users who provide computing power. This power comes from thousands of FluxNodes worldwide. Through FluxOS, a Linux-based operating system, you can host applications and websites on these nodes. This makes Flux a kind of decentralized cloud provider, without central server rooms.
The FLUX token
The FLUX token is essential in the ecosystem. For example, you use it to pay for computing power or as collateral to run a node. In addition, FLUX is used for rewards to miners and node operators. The coin is mineable and also has so-called "parallel assets" on other blockchains such as Ethereum, BNB Chain, and Solana, for extra interoperability.
The technology behind Flux
The strength of Flux lies in the combination of blockchain technology and decentralized infrastructure. With FluxOS, developers can deploy apps on a network of thousands of nodes, distributed worldwide. The infrastructure is scalable, reliable, and resistant to censorship. This makes Flux interesting for anyone looking for an alternative to traditional cloud solutions such as AWS or Google Cloud.
The Flux ecosystem
The Flux ecosystem consists of multiple components:
- FluxOS: a decentralized cloud environment
- FluxNodes: servers that provide the infrastructure
- Zelcore: the personal wallet and digital asset manager.
- FluxEdge: GPU rental for computationally intensive tasks
- Flux blockchain: for governance and interoperability via parallel assets
€0.1932▼0.45%
Benefits of FLUX
- Completely decentralized and scalable
- Own ecosystem with multiple tools
- Interoperability with other blockchains
- Rewards for active contributors (miners and node operators)
- Alternative to traditional cloud services
Disadvantages of FLUX
- More complex than many other crypto projects.
- PoW requires a lot of energy
- Competition from big players like Filecoin and ICP.
- Node setup requires technical knowledge and investment.
Who is the founder of Flux?
Flux was co-founded by Daniel Keller, a strong advocate of digital sovereignty and Web3 technologies. Together with a team of developers, he expanded Flux (formerly ZelCash) into a powerful ecosystem.
Expectations for the upcoming period
Experts expect a minimum price of €0.6400 in 2027 and a minimum price of €2.1200 in 2032.
Flux price in the last 24 hours
View all key statistics of the past 24 hours here.
€0.1924
€0.2020
€0.1833
Market information
Use these figures to get a better picture of the Flux market.
€10.1 million
€73.7 million
382.9 million
€2.9300
Flux Return On Investment
See how much the price has risen or fallen over the years.
Historical Flux price
Here you can see Flux's daily prices, trading volume and market cap. Looking for a specific date? You can fill in the range all you want. Maybe you'll spot the one trend!
| Date | Price | Volume | Marketcap |
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Frequently asked questions
Flux doesn't have a fixed value because the exchange rate is always in motion. Whenever you get distracted or even blink, it has already changed. Right now, the value of Flux is €0.1932.
You can easily buy Flux on BLOX! Quickly download the app, and within two minutes, you'll have your own crypto portfolio with Flux and your other favorite coins.
So much is happening in the crypto market that it's sometimes difficult to stay continuously informed. That's why we've already taken a look at the expectations for you. According to experts, the value of FLUX is expected to continue rising steadily in the coming years. For instance, the price of Flux is predicted to reach €0.5700.
We don't have a crystal ball either, so it's up to you to decide whether you want to invest in FLUX. We can only recommend once again that you thoroughly research the market and only invest what you're willing to lose.
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