FLUX Future Plans and Ask Me Anything Session

Greetings, dear Community!

As you may probably notice, FLUX turned on to a stage of project reconsidering in a strategic way, and now we are going to disclose what is going on, how we are going to evolve FLUX into the next stage and what are our future plans.

AMA Session

First of all, we see that you may have a lot of questions up to date, and that’s why we would love to provide two AMA events. The first one will be held in a text mode, feel free to leave any of your questions here:

We will collect all your questions until 21st of May and will make a huge Answers article posted here up to 25th of May.

Live AMA session will take it’s place on June, 10th.

Where are we now?

As stated previously in our materials, we have already moved to a public Beta Stage and the product is already in a fully working mode. During the last months we have collected data and made user scoring profiles so we were able to analyze it and made several important strategic decisions.

Obviously, FLUX was created as a start-up and was managed and operated as a start-up for a long time. As for now we see that we are ready, and what is more important we need to change the approach we have now to more corporate and move the product in the stage of more a independent company more than a project itself. In terms of these changes we are reconsidering all departments, including marketing and support teams and attracting new strong specialists to manage lots of vital processes. However, the core team stays the same, for sure.

Unfortunately, this means a period with a lack of communication but we see that it is what we indeed should do.

We have been listed on 2 exchanges, and we definitely will add more since the communication with at least 7 exchanges is currently ongoing. However we have realized that the process is a bit more tricky then we expected.

Since it is always an easy way to Pay-and-go on multiple exchanges, we are holding the decision of moving to high volumed once for as long as we will be satisfied with a product-exchange connection in terms of value and prove our token model to be working.

Where are we going?

We are in search of a strong industry figure to unite and cooperate with. Our market observation during the last year shows that most of B2C services are uniting with big companies in terms of the best market coverage and in terms of receiving a huge adoption right from the start.

We are already in negotiations with some names not to be mentioned at the moment and we hope it will not take too long.

As well we expect several updates regarding exchanges in nearest future to be announced.

We are aware of your comments in the community and we state again, that we believe that the key of token to be an independent and strong currency is the product and our technology and users in the product, it will always have a first priority for us.

Thanks for all the supporters, see you quite soon!

Kind regards,

FLUX Team.