Hyve Flux Token Integration

Published on: 03.09.2022
Hyve Flux Token Integration

HYVE is continuously expanding and growing, and therefore, this week they are welcoming a new token to the platform: $FLUX.

Dive into the FLUX project

Previously named Zel, and then rebranded as Flux, this crypto project aims to be the next generation decentralized cloud architecture that is scalable, collecting decentralized computing and blockchain as service solutions. Hyve Flux Token Integration, The idea behind Flux’s project was to create a revolutionary second-layer operating system. It allows hardened dockerized apps to run on Flux’s fully decentralized computational network.

Therefore, the Flux ecosystem is a suite of decentralized computing services and blockchain-as-a-service solutions. They offer an interoperable, decentralized, AWS-like development environment, utilizing a native POW (Proof-of-Work) coin to power this ecosystem, providing incentive for hardware hosters, governance on-chain, and bad actor mitigation via staking requirements for running hardware.

Flux is vital to the blockchain space as it provides critical infrastructure, development tools, and industry experience necessary to quicken the pace of blockchain solution rollouts. Hyve Flux Token Integration ,Flux allows building your own novel blockchain products, for strategic partners to leverage computing power and services they require to thrive, and for independent blockchain developers to launch their ideas efficiently and effectively.

Flux is a native crypto asset with its own blockchain. There are Flux “parallel assets” to allow the Flux governance coin to function on all DeFi protocols including Kadena, Binance Smart Chain, Ethereum, Tron, Solana and more, over time.

Dive into $FLUX

$FLUX is a fair-mined, proof-of-work cryptocurrency that acts as a utility asset for onboarding to the ecosystem and powering the transaction of information across the ecosystem. The asset also acts as the main incentivization for operating a FluxNode: enterprise-grade server hardware powering the Ecosystem. Flux can be attained via GPU mining, trading on available exchanges, and as rewards for operating nodes. Our Ecosystem is a community-based project with a foundation that represents the community’s voice and protects the community’s wishes for the project.

FLUX’s coin has raised over $22 million from investors. $FLUX is not only capable of handling, settling, and finalizing real-world data for the open market. It can also be utilizing by other protocols to aggregate data for their custom needs. Unlocking the walled garden bottleneck that has been stifling the blockchain’s potential.

To get your attention, here is a list of $FLUX platform’s use-cases:

  • Blockchain as a service – hosting blockchain nodes and apps
  • DApps – run decentralized applications
  • Oracles – run apps to provide decentralized data sets
  • Price Rate Servers – The ZelCore wallet pulls all pricing data from price rate servers running on FluxOS
  • Game and web servers – hosting of game and web servers to provide content for end-users

If the FLUX project caught your eye, the contract address for $FLUX is down below:

BSC: 0xaFF9084f2374585879e8B434C399E29E80ccE635

ABOUT Hyve Network

HYVE has created a community-driven ecosystem, facilitating collaboration between users in a uniquely decentralized environment. HYVE introduces payments directly in cryptocurrencies. It also provides numerous advantages and facilitating interaction regardless of external factors.

Website | Twitter

About Flux

Flux is the new generation of scalable decentralize cloud infrastructure. Simply develop, manage, and spawn your applications on multiple servers at once. Ready for Web 3.0, dApps, and more.

Website | Twitter

SOURCE:

https://latest.hyve.works/new-token-integration-flux-is-now-part-of-the-hyve-ecosystem/

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