Gaming industries are one of the most popular and largest industries which create huge revenue and other amazing value for entrepreneur and organizations. The largest turnover rates bring about extraordinary growth in the gaming sector, but it also battles with a lot of issues simultaneously.
One of the major issues faced by the gaming sector is the absence of liquidity. Gamers or players spend numerous amount of hours playing games, enhancing their competitive advantage and rate of wins, collect unique pieces and enhance their characters but they are required to take assistance from a payment system which is centralized when they desire to exchange any of the listed things. These centralized systems of payments are offered by a majority of the external marketplaces. On another hand, the amount earned by game developers are minimized by well-known markets and publishers.
It is for this reason an innovative system is being introduced by FLUX to deal with all the major roadblocks faced by the gaming sector. This system will give players the capacity to attain rewards for competition, crowdfund their personal ideas on the platforms as well as trading items. Investors’ and developers will both attain a specific percentage of commission from every game using this system.
The Flux system runs on blockchain to ensure the entire process is automated and transparent. This will aid in adding a great extension on the platform for the industry already in existence and also play a crucial role in ensuring cryptocurrency is integrated into the real business.
How does it Work?
The aim of Flux is to sort all issues listed above by creating an all-around platform for the gaming environment. The platform includes a smart contract system, tournaments, matchmaking, a donation and reward system and a chance for investors to partake in the platform.
Also included will be a trading store and system with a commission of 0percent. There will also be a market for developers which has a commission of 0percent. The flux platform MVP has been slated to be unleashed before the finish of October 2017. The MVP will consist of mobile games, a demo version of the market for developers, a multi-platform client and CS: GO support.
The complete platform for desktop is slated to be unleashed in Q1 2018, while a mobile release has been slated for the Q2 of 2018.
Individuals behind FLUX
Flux is directed by the Co-Founder and CEO knew as Alexandr Sushko. It also has a CMO named Jan Keil and the CTO and Co-Founder knew as Dimitry Lut.
The Flux concept was initially originated in the summer of 2016, with a development demo carried out all through the end of 2016 and the early half of 2017.
The FLUX ICO
The token sale for Flux has been slated to start on the 20th of November. You can buy Flux tokens and utilize the tokens to partake on the platform of Flux. You can partake in Matchmaking by utilizing major cryptocurrencies and fiat or the Flux Token.
After attaining the Flux token, users can convert them to currencies they desire or spend it on gaming services.
Conclusion
To learn more about FLUX and their ICO offerings, pay a visit to their website on https://flux.fund/.
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