FLUX Token – The Gaming Token

Place/Date: Estonia - April 2nd, 2018 at 8:35 am UTC · 4 min read
Source: FLux

FLUX token (FLUX) incentivizes players, developers and traders to participate in the FLUX platform.

When it comes to gaming, the best way to motivate players and developers to participate in the gaming ecosystem is to offer incentives.  FLUX has recognized that the ultimate motivation tool to developing loyalty is through ownership.

FLUX is revolutionizing the global gaming industry by bringing ownership of games to the people who matter most—the players, game developers, traders, and streamers.

And what better way to motivate competitive players than to offer our very own ERC-20 token, FLUX token for rewards?

What is FLUX Token?

FLUX token (FLUX) is the cryptocurrency that drives the FLUX economy. It is a form of digital payment that users make to the platform in exchange for unique virtual goods, streaming games, and even for crowdfunding their ideas within the platform.

FLUX community consists of gamers, game developers, streamers, and traders. Players compete in games and get FLUX tokens in return for their wins.  Game developers make their games available to a large audience of gamers and earn FLUX tokens for all matchmaking sessions. Furthermore, game developers can crowdfund their game ideas on the platform and collect funds in form of FLUX tokens.

Investors trade in-game items and virtual goods. Streamers, meanwhile, can earn FLUX token rewards by broadcasting games.

FLUX tokens can be sent to any ERC-20 wallet and are available for purchase using BTC, ETH, LTC, USD, EUR etc.

What makes FLUX different?

FLUX offers a fair revenue sharing system that motivates players, developers, and traders to stay in the game. Even more exciting is FLUX gamers can refer new players and receive a share of the new player’s future FLUX revenues.

Furthermore, players earn additional FLUX tokens when they play in online tournaments, complete interesting in-game challenges, and trade in-game items at the FLUX store.

At FLUX, we want FLUX players to improve your skills and develop into a competitive player, which is why we charge developers zero commission on competitive games.  Our smart contracts facilitate a faster transaction between users, making it possible to take a small cut on non-competitive games—just 2%.

When you stay motivated to the FLUX platform and promote it, you get to benefit from any increase in the value of FLUX tokens. In short, all players on the FLUX platform are investors.

Independent game developers benefit from an increased demand for competitive games due to FLUX strong marketing power and rapid growth. With FLUX, there’s no limit to taking on the big gaming titles in the market.

How does a FLUX matchmaking competition work?

FLUX is committed to providing a secure, fair and transparent matchmaking system for delightful gameplay experience.

In the FLUX matchmaking competition, two players compete in games to earn opponent’s money.  Once the game is finished, one of the two players will get the rewards in FLUX tokens via the smart contract system. The arbiter (Game Vendor, Gaming Source) too is rewarded for the judgment service they provide.

Each time a gamer places a bet on a game, the FLUX’s matchmaking system takes a commission of one to seven percent.

That means, developers earn revenue for each session.

In terms of distribution, 50 percent of this FLUX tokens go to developers, 15 percent to marketing, 10 percent to SaaS, 10 percent to operations and support, 10 percent to rewards and referrals, and 5 percent to FLUX savings.

Join us for our public token sale that begins on the week of 17-24 April. The whitelist bonus is 30%.  The bonus gradually decreases to 15% on after the first day, 10% after two to three days, 5% after six to seven days and zero percent from the 6th day to the 7th day. From now any holder of FLUX more then 5 000 FLUX, will be able to receive a node and in a decentralized way become a part of a calculation, and transaction proofs system in the ecosystem and will be earning for servicing the node.