FLUX and Bancor announce strategic partnership

FLUX, a global, decentralized gaming ecosystem based on blockchain technology, and Bancor, a decentralized liquidity network, announce their strategic partnership.
The Bancor Protocol allows tokens to be converted without the need to match two trading partners. The magic is in the math. Bancor uses simple formula that balances buy orders and sell orders so that every token in the network maintains a formulaic relationship to each other simultaneously. This results in continuous liquidity regardless of trade volume or exchange listings.

“We care about our community,” said Alex Sushko, CEO of FLUX, “and together with Bancor, we provide an efficient and transparent way to exchange instantly a big list of tokens into FLUX directy inside our platform using the Bancor protocol, and feel free to use them to participate in any features that FLUX provides.”

The Bancor network allows users to hold any token and convert it to any other token within the network using a simple web wallet. The user does not need a counter party and prices are calculated automatically. Bancor offers a set of features and technologies that are important and useful for a decentralized platform, thus making this partnership a leap forward for the FLUX ecosystem.

About Bancor
The Bancor Protocol is a new standard for cryptocurrencies called Smart Tokens™, which are autonomously and continuously convertible to other tokens in the network at algorithmically calculated rates. The protocol utilizes “connector” modules, which hold balances of other ERC20 tokens within a smart contract. The Bancor Formula constantly recalculates prices to maintain balance between Smart Tokens and their connectors.

About FLUX
FLUX is a global, decentralized gaming ecosystem based on blockchain technology.
FLUX is a platform for competitive gaming and tournaments, a market for games and in-game items, a platform for streaming games, and a platform for funding game projects. The FLUX economy assumes absolute transparency and the absence of boundaries while using its own FLUX token as the main means of payment within the ecosystem.
Our partners are leading organizations in their respective fields and include: Infopulse, Remme, MoxyOne, Axon Partners, Ambisafe, and Provectus.
The project is hosting an ICO and has already raised $2.3 million, surpassing its soft cap in pre-sales. The development team has already released the Alpha Desktop build in advance of the Token Sale. FLUX invites everyone to test the Alpha build, which includes the game, “Bang!”.

Resources:
Token Sale Website — https://flux.fund/
Platform Website — https://flux.games/home
Telegram Official Community — https://t.me/FLUXofficial