What is FLUX?

Modified on Tue, 12 Dec 2023 at 06:41 PM

FLUX is a native currency of the Flux network. It is an ERC-20 token that can be used for governance as well as system management and can be used as a reward for miners and nodes that provide resources. The exclusivity of this token is it can be shifted between chains.

As of 7 November 2023, Flux has a market cap of 131M USD, which is approximately 4.6 billion THB and ranks #194 in the Coinmarketcap ranking. One FLUX token is worth 0.3906 USD (13 THB).

What is Flux network?

Flux network is the Web3 infrastructure network operating on the cloud that is claimed to be the world's first Decentralized Web3 Infrastructure with nodes across 78 countries. Other than Flux cloud services, Flux network also included FLUX token as a native cryptocurrency, FluxNodes as a powerful computer nodes network, FluxOS as a special operating system that runs with Linux system, and Zelcore as a digital asset wallet.


Who created the Flux network?

Flux Network was the Zel network before rebranding in 2021. It was founded by Parker Honeyman an American engineer with Tadeáš Kmenta Czechia developer and Daniel Keller American tech experts. They currently take a position as COO, CINO, and CSO respectively



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