A multifunctional blockchain gaming platform

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Flux gaming is a blockchain system which effectively supports not only gamers or streamers but also game developers

In the digital age, we are witnessing the unstoppable rise and surprising development of the gaming industry. According to the report from Newzoo.com (10/2017), there are up to 2.3 billion active gamers in the world, they bring a huge amount of revenue - approximately $105 billion - to this industry each year. Basically, gaming industry can be divided into three areas: gaming (playing games on digital devices, such as mobile phone, PC, Playstation,etc), streaming (recording and broadcasting games in real time for viewers), and trading (buying and selling in-game items).

Despite the potential of this gigantic sector, its problems still exist. Each gaming platform concentrate on one or two fields of the industry, this may be inconvenient for users  to have a number of platforms or apps for streaming, developing games, etc. Besides, there are millions of developers who depend on high-cost marketing channel to promote their games. This is one of the main problems that Flux wants to solve through its platform.

PRODUCT FEATURES

Basically, Flux platform focuses on four major aspects of the gaming industry: exchanging (trading games or in-game items), betting, streaming and matchmaking (for example, pairing 2 players in a fighting game). The ultimate target of Flux is to unite all the possible function of the gaming sector and put them into one single platform. Except minor functions like tournaments or reward tokens for achievements in game, the major ones are listed as follows:

1. Marketplace for developers

Gaming developers are able to display their gaming apps on Flux store without paying any commision fees when consumers purchase those games. Flux provides the open-source Application programming interface (API, a set of expressly defined methods which create the communication among software compositions) for developers to facilitate the process of uploading games to Flux store. Furthermore, developers can keep track of revenue from sales of those apps. With Flux, developers are given the opportunity to describe their projects on  building games to investors and hold crowdfunding programs with Flux tokens. Flux platform uses a smart contract system which contains a list of requirements and limitations. Developers must fulfill these conditions to receive funds from investors. Besides, the investors can withdraw from such projects if they find out that the developers’ actions are inconsistent with the terms and conditions contained in the smart contract.

2. Betting system for gamers (matchmaking)

This is definitely the most interesting mode of Flux platform which allows gamers to earn tokens for participating in competitive games. As illustrated in the picture below, the matchmaking system will automatically pair two random players (or more), each one of them will place 10 Flux tokens for the bet, it means that they contributed to a prize pool of 20 Flux tokens. After the battle between these 2 players, the winner take all the prize (20 tokens) and simultaneously pay a small amount of fee to the platform.

3. Streaming and gaming community

As you may know, especially gamers, one of the hard-to-solve problems of the gaming industry is its fragmentary characteristic. In simple words, functions of this industry are separated to various platforms, for example, you use Battle.net for playing games, Steam for trading in-game items, or Twitch and Talktv for streaming, etc. The gigantic ecosystem of Flux was born to resolve this problem.

Flux platform allows users to simultaneously play games and livestream through open source API. Besides, it has created a community with numerous players, streamers, developers who can contribute and share contents to Flux forum. Streamers on platforms of Flux or Twitch will be rewarded (with Flux tokens) when a certain number of viewers is reached.

FLUX ROADMAP

Flux has declared that the investors will be provided an adequate set of milestones and a lot of details up to 2020 so everyone involved will be able to have a clear vision of Flux future.


FLUX TEAM

Alexandr Sunko – CEO & Co-founder – is the person who created the concept of Flux. Sushko has 7 years of experience in business managing, conducting and developing at top companies in Europe such as Impulse-Lab and Infopulse which focus on blockchain technology solution.

Dmitry Lut – CTO & Co-founder – has 5 years of experience in developing server-side and service architecture. Lut has participated in blockchain sector since 2015.

Dmitry Sigov – CPO & Co-founder – has 8 years of experience in IT the industry as business manager and developer. Sigov has worked in several gaming companies over the past few years.

ICO CONTRIBUTION

Flux token will be sold in crowd sale from 17/4 to 31/5 with contribution as follows:

-         Contributors: 50,000,000 (50%)

-         Team & Advisor: 10,000,000 (10%)

-         Bounty: 2,000,000 (2%)

-         Partnerships: 30,000,000 (30%)

-         Airdrop: 3,000,000 (3%)

ICO INFORMATION

  • Token: Flux

  • Total supply: 100,000,000 Flux

  • Hard cap: $20,000,000

  • Soft cap: $1,500,000 (reached)

  • Token price: 1 FLUX = $0.5

  • Public sale: 17/04/2018 – 31/05/2018

Basic information of Flux

Written by nami.today

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