ICO Review Flux: Monetizing Any Game For Every Player And Any Developer With Blockchain Technology - Next Crypto Project

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Thursday, April 12, 2018

ICO Review Flux: Monetizing Any Game For Every Player And Any Developer With Blockchain Technology

ICO Review Flux: Monetizing Any Game For Every Player And Any Developer With Blockchain Technology

A gaming industry is one of the biggest and popular industries which produce a massive amount of revenue and offer great value for companies and entrepreneurs. The highest rate of turnover brings an exponential growth in the gaming industry but at the same time, it struggles with various issues. One of the major problems is a lack of liquidity in the system. Gamers spend hours to improve their competitive skill and winning rate, collect rare artifacts, buy certain skins, improve their character but when they want to exchange one of these, they have to rely on centralized payment systems that most of external marketplaces provide. Meanwhile game developers earning are on average 30% reduced by popular markets and publishers. Seeing this opportunity, a businessman and game developer named Alexandr Sushko, plans to create a gaming ecosystem platform that can monetizing any game for every player and any developer with blockchain technology - Flux.

Flux is a unique global gaming platform that unites all parts of gaming industry ecosystem where players, developers, traders, and gaming community can convert their time and energy into money in the form gaming token "Flux Coin". It is simultaneously a platform for competitive gaming, a marketplace for games, online broadcasting (streams) and a platform for trading in-game items. Flux plans to solve all of the problems in game industry by making an all-in-one platform for the gaming ecosystem. That platform consists of matchmaking, tournaments, a smart contract system (for P2P matchmaking), a reward and donation system (for streamers), and opportunities for investors to participate in the platform.

Flux is a simultaneous platform specially designed for online broadcasting, competitive gaming, marketplace for games and for trading in-game items. With this project, a company is aiming to occupy a global market of the gaming industry and wants to create a full ecosystem that will offer outstanding perks to its stakeholders as well as users. This platform can be described as a matchmaking service allowing gamers to compete with each other forming the prizing pool for each game by their entries. The main platform’s unique feature is the mobile market allowing the competitive online game developers to add their product to Flux platform and make it available for competitions. By doing so, the game developers receive 50 % of platform’s profit from each gaming session.

The Flux service will be developed on a micro service cloud-native platform using a non-relational database, by provide trading system and store with 0% commissions. Plus, a developer market with 0% commissions. An MVP of the Flux platform is scheduled to be released before the end of October 2017. That MVP will have a demo version of the developer market, a multi-platform client, mobile games, and support for CS:GO. A while, the full desktop platform is scheduled to be released in Q1 2018, with a mobile release scheduled for Q2 2018.

HOW DOES FLUX WORK?

When players compete with each other and earn in the Game 1 by utilizing Matchmaking platform and trade the game items in a trading platform or buy an item from the store, the vendor (game creator) will earn a part of transaction and betting fee. A while, Game creator utilizes Flux crowdfunding platform to raise funds for game development then his part of earnings are also divided among investors. Apart from it, a streaming platform can be utilized to broadcast the gaming process and integrate with Twitch to get the attention of new audiences and streamers will get rewards for it. This whole ecosystem is driven by advanced smart contract system that ensures complete transparency and fair transaction on the platform.

FLUX TOKEN SALE

ICO Start: 17 April 2018
ICO Ends: 24 April 2018
Token Price: 1 FLUX = $0.5 USD
Accepting: ETH, BTC, LTC, FIAT
Soft Cap: $1,500,000 USD
Hard Cap: $20,000,000 USD

FLUX SOCIAL LINK

Website: https://flux.fund/en
Whitepaper: https://drive.google.com/file/Flux-Whitepaper_En.pdf
Bitcointalk: https://bitcointalk.org/index.php?topic=2451003.0
Facebook: https://web.facebook.com/flux.gamers/
Twitter: https://twitter.com/FLUX_PLAY
Telegram: https://t.me/FLUXofficial
Medium: https://medium.com/@FLUX_GAMES
Youtube: https://www.youtube.com/channel/Flux
Reddit: https://www.reddit.com/r/fluxfund/
Github: https://github.com/fluxgames
Instagram: https://www.instagram.com/flux.games/

Credit by: SmartFinance

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