Introducing Fuxion Labs

Rajiv Naidoo
Fuxion Labs
Published in
3 min readApr 25, 2024

Your gateway to an interconnected Web3 experience

To the $FUXE holders and Web3 community at large,

We are proud to announce the official launch of Fuxion Labs, a software development company focused on providing users with the necessary tools to effectively navigate the world of Web3, along with our core product, FuxionHub. FuxionHub aims to serve as your primary facilitator for Web3 experiences, operating as a central hub for the operation of blockchain projects, as well as both Web2 and Web3 services.

At Fuxion Labs, we’re building an all encompassing Web2 and Web3 facilitator. Below you’ll find a glimpse at the products and services we’re looking bring users through FuxionHub.

  • Crypto Debit Card
  • Web3 Escrow
  • DEX Trading
  • INFUXE
  • Collaborate

We have a robust roadmap planned for 2024/2025. More details to come!

Where Did Fuxion Labs Come From?

Fuxion Labs stems from LYNX, a project originally focused on building an advanced trading bot and other consumer facing tools. In a short time, LYNX was able to deploy a dynamic feature set, a budding token, and a stellar community — we were very much off to the races. Unfortunately, as many of you may know, the smart contract was compromised, resulting in the effective dissolution of the $LYNX token. We have spoken with our partners, Assure DeFi, and confirmed the source of the attack was a bad actor that temporarily had full control of the multi-sig prior to the final configuration settings being established. The attack vector has since been addressed, and we look forward to continuing to work with Assure DeFi in the future.

This left us with the question of what to do. Bugs and exploits are not a foreign concept to crypto, and initially the fix seemed simple — take a snapshot of the blockchain, and redistribute a new token to our holders based on holdings prior to the hack, and get back to building things that can change the world.

However, we also saw this as an opportunity to reflect, and more importantly, regroup. Our first priority was to rectify the situation and compensate our holders, but sometimes when the machine shuts down it’s the best time to examine and make improvements. Recognizing this, our team went back to the drawing board, not only diving into the issues we knew about, but exploring new possibilities and what this project really could be. The result of these tireless months is Fuxion Labs, an expansion of our original vision with LYNX. Whether you’ve been here from the start, or are new to the project, we appreciate your understanding and are happy to have you.

Where Do We Go From Here?

The much anticipated Bitcoin Halving is now complete. Knowing this, let’s run through where we’re at with Fuxion Labs, and where things are headed!yoyo

We successfully completed our $FUXE token presale. TO ALL $LYNX HOLDERS! If you held $LYNX prior to the hack, you will receive $FUXE tokens at a 1:1 ratio, with all of your tokens available upon launch. Again, we appreciate your patience, and look forward to you being a part of the community as we move forward into this next bull cycle.

Fuxion Labs attended Token2049 in Dubai, establishing a slew of strong connections, and setting the groundwork for more integrations into FuxionHub.

Additionally, our first token buyback was a success, which saw 24 950 $FUXE (approximately $5000 worth) bought off the open market and transferred to the Fuxion Treasury. This was done in preparation for our upcoming CEX listing. Buybacks are an integral part of our tokenomics, and indicative of our commitment to growing value within the Fuxion ecosystem and for the $FUXE token!

Don’t $FUXE With Us

It’s been a long and tireless road, but such is the way when you’re trying to change the world. We’ve learned a lot, and our team has its sights set higher than ever before. The vision that we have with Fuxion is something bigger than we could have ever imagined, and we’re stoked to have you come on this journey with us. Together, let’s build the connectivity that Web2 and Web3 deserve, and help make this a space for everyone to experience and enjoy.

Welcome to Fuxion Labs. Your gateway to an interconnected Web3 experience.

Cheers!

Dive into the Fuxion Hub app here!

For more details, check us out on social!

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Rajiv Naidoo
Fuxion Labs

straw hat. personal trainer. crypto degen & researcher. lifter of heavy things.