NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Crucial Role Of The CLARITY Act In Avoiding A New October 10 Crypto Crash, Expert Explains
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Crucial Role Of The CLARITY Act In Avoiding A New October 10 Crypto Crash, Expert Explains

FLUX Gaming – Game Developers and Players Now Own the Game

newsbtc
newsbtc
Last Updated: October 7, 2020 11:27 am
3 mins read
Flux ICO

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

All game developers want to produce a blockbuster. But as the gaming world knows all too well, the business of creating blockbusters is risky. Players may move in a flash to another game for more challenge and higher rewards. Subsequent releases and new game titles may not attract the fans of the first successful title. Yet owing to the time and effort involved in developing and marketing a game, it takes a game creator a long time to build a portfolio of diversified revenue streams.

Game developers now have an alternative. The FLUX platform provides developers a platform to market games while taking a stake in the entire portfolio of games by investing in the platform. The revenue sharing platform is part of a new generation of mobile game hosts that are reinventing the gaming model on the Blockchain. The decentralized and transparent digital ledger acts as the direct matchmaker between game creators and players, eliminating the high transaction fees of traditional gaming platforms. And since players, traders and streamers can also become investors in the FLUX global gaming ecosystem, and the whole community is incentivized to promote the gaming platform.

Turning game creators into online game owners

The Blockchain gaming model is disrupting the game developer space. Developers are a captive audience to online gaming platforms, which take a large slice of their revenues. The most popular PC gaming platform Steam charges a 30 percent commission. Despite the high fees, the number of games joining Steam increased by 40 percent in 2016. As overall PC game growth declines and the mobile games market grows, the FLUX model is seeking to share that growth with developers and the rest of its ecosystem.

Game developers become investors in the FLUX platform by buying tokens, and therefore can benefit from any increase in future value of the tokens. Developers may also raise funds by launching their own ICO on the FLUX crowdfunding platform. In a unique funding model, developers do not have to wait for a crowdfunding period to be completed to withdraw FLUX coins. Instead, coins may be withdrawn at the completion of predefined stages, such as the game creation or first pilot game.  

Incentivizing gameplay and promotion

The FLUX platform serves as a matchmaker for developers and gamers. All transactions take place directly between parties over a transparent smart contract. When revenue-generating actions are completed (a game is uploaded, game/tournament is won, reward bestowed, game item sold), funds can be immediately released. Deposits are accepted in cryptocurrency and standard payment methods, while game transactions and withdrawals are performed in FLUX tokens.

By simplifying transaction management, smart contacts help lower transaction fees. The decentralized FLUX market does not take commissions when competitive games are uploaded in matchmaking sessions or for in-game purchases made over mobile devices. A two percent commission is charged on non-competitive game transactions. Additionally, a one to seven percent commission is charged for each bet placed by a player.

Every person who invests more than $500,000 receives a personal escrow plan called the Special Investments Control System. The FLUX team receives only 15 percent of the allotted budget and will then take partial payments from said budget during the development process. If the investors’ expectations are not met, they can withdraw the funds anytime.

By allowing all participants on the game platform to invest in FLUX tokens, and reap more rewards and revenue, the entire community is incentivized to work harder to promote the game platform and its games. A powerful affiliate marketing feature is the ability to invite other players through the FLUX referral system onto the platform and receive a commission on their gaming sessions. Streamers are also working to promote your games. They can earn FLUX tokens based on the number of views by broadcasting and reposting games on the FLUX Streaming platform, among other incentives.  Anyone can earn FLUX tokens by creating and voting on new skins.

The FLUX ICO (FLUX)

Developers and gamers can become investors in the FLUX global gaming ecosystem by buying FLUX tokens in the initial coin offering.  Coins will be available at a discount in the pre-ICO period starting on Dec. 1 ahead of the official offering on Dec. 10.  

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Bitcoin Price Compresses Below $94K, But Possible Repeat Of 2025 Breakout Looms

After retreating from late-2025 highs, Bitcoin has spent much of recent trading days fluctuating between the mid-$80,000s and low-$90,000s, with...

Scott Matherson 12 hours ago
Bitcoin

Bitcoin Whales Hit The Sell Button — $135K Price Target Now Trending

According to TradingView data, big holders on Bitfinex have been trimming long positions after a late-December peak of 73,000 BTC....

Christian Encila 14 hours ago
Chatgpt Voorspelt Sol, Ada En Eth Koers Eind 2026 - Cardano De Beste Crypto Dit Jaar?

Chatgpt Voorspelt Sol, Ada En Eth Koers Eind 2026 – Cardano De Beste Crypto Dit Jaar?

De crypto verwachting voor Solana (SOL), Cardano (ADA) en Ethereum (ETH) blijft volop in de schijnwerpers, vooral nu AI-tools zoals...

Lars Diederiksen 16 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Samson Mow 預言馬斯克 2026 年全力「梭哈」比特幣:BTC 衝擊 133 萬美元與 MSTR 五千鎂目標揭秘

newsbtc 29 minutes ago
Bitcoin

Bitcoin Price Remains Below 50-Week Moving Average — What This Means

Opeyemi Sule 6 hours ago
Shiba Inu Stijgt 48% In Januari - Begin Van Meme Coin Season 2026?

Shiba Inu Stijgt 48% In Januari – Begin Van Meme Coin Season 2026?

Lars Diederiksen 11 hours ago

Premium Sponsors

Press Releases

  • 仮想通貨 1000倍の可能性?Maxi...

    4 hours ago
  • MARAのAI参入と6BドルのBTC保有が示す次の波 – Bitcoin Hyperとミームコイン市場の可能性

    ...

    4 hours ago
  • ...

    4 hours ago
  • 仮想通貨 プレセール注目:2026年に急騰が狙われる新興2銘柄を厳選

    仮想通貨...

    12 hours ago
  • 2026年に大手取引所が上場を検討しそうな新しい仮想通貨3選

    ...

    12 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.