Flux (FLUX)

Flux aims to be the foundation of Web 3.0, which is seen as a new movement within the Internet. Web 3.0 puts more power in the hands of the user as data is stored on the decentralized blockchain. Users protect their own data through cryptography, preventing large companies and governments from accessing it. Flux is a blockchain ecosystem that consists of several components. Within this ecosystem you will find cryptocurrencies, wallets, masternodes, incubators, an open-source development environment and an operating system. Developers can build their own applications (dApps) and cryptocurrencies and run them within the Flux ecosystem. Then, anyone can use these dApps and cryptocurrencies when they own the FLUX crypto. You need this crypto to perform transactions over the Flux network. It is also possible to set up your own master node within the Flux network. You then contribute to the Proof-of-Work model that Flux uses. As a reward, you will receive new FLUX tokens. There is a maximum stock of 440 million FLUX tokens, not all of which are in circulation yet. New tokens come into circulation from mining. Of course, you can also make money by speculating on the price of FLUX.