What is Flux? Flux is decentralized cloud infrastructure. In the centralized world, the equivalents of Flux are Amazon Web Service, Microsoft Azure, and Google Cloud Platform, which own a 60% market share of cloud infrastructure service providers (in Q2 2022, reported by Statista ). When a software developer wants to host and run their software, they could buy FLUX tokens and use the tokens to rent computing power from Flux. Unlike centralized cloud infrastructure, the computing resources that are provided by Flux are not actually provided by the team/company that invented Flux. Instead, computing resources are provided by Flux node operators, and anyone in this world can be a Flux node operator as long as they have the necessary computing resources. What happened? On August 22, 2022, the co-founder of Flux, Daniel Keller, hosted the Flux State of Union on YouTube, which projected the revenues of Flux for the first time. During the presentation, Daniel projected the revenues of Flux
Curated Fundamental Analysis for Crypto Projects