Flux in Review: August Report

Flux Official
3 min readSep 5, 2024

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August saw exciting additions to the InFlux ecosystem—products, partnerships, and a new global ranking. This article reviews key Flux milestones for last month and their extended impact on the Web3 industry.

FluxAI is Here

One of the most remarkable moments in August was the debut of the first 100% private AI virtual assistant and interactive chatbot, FluxAI. It was also launched with code-assist features, support for multiple use cases, and a free default plan. Powered by cutting-edge LLMs (large language models), FluxAI provides a superior experience in terms of speed and versatility and offers scalable performance globally.

Another unique feature of the platform is chat privacy; FluxAI minimizes the risk of sensitive in-chat information leaks and ensures no data shared with the AI is harvested for model training purposes. This offers a significant edge over other AI platforms and reflects Flux’s commitment to decentralization and privacy. FluxAI premium plan costs only $5 and includes customer support and up to 12 months of conversation history. There is also a custom plan for enterprise clients, and REST API integration will be available later in the year.

FluxAI runs on infrastructure from the ecosystem decentralized marketplace; FluxEdge underlines its suitability for powering complex AI models and computationally intensive projects. Check out this article to learn more about FluxAI and its other features.

Parallel Assets On Uphold

Flux also unveiled a new partnership with Uphold, a global OTC and digital money platform with an estimated reach of over 180 countries. Thanks to this partnership, Flux parallel assets are now listed on Uphold, with Flux mainnet integration in the pipeline. This makes Flux more accessible to users and increases token liquidity.

The partnership is mutually beneficial to Uphold and will see the integration of the Uphold link on FluxPools, the community mining pool. Uphold will also be available on FluxEdge, providing clients who need to swap other digital assets into $FLUX or other parallel assets with a convenient way to carry out this process.

Top 100 Blockchain Projects

The World Future Awards, a global award that recognizes and promotes world-class products and services set to redefine the future, announced Flux as one of the Top 100 blockchain projects in the world in August. The award recognized Flux’s long-standing contribution to innovation in the sector and reminded the company of its consistent growth over the years. Flux was listed alongside other notable companies like Paypal, ChainLink Labs, Polygon, and Consensys. Read their full press release here.

We’ve also kick-started the complete migration from the runonflux.io domain to a new domain, runonflux.com. The process began in August and is scheduled to occur gradually over the next few weeks. Similarly, the parent company website, which offers a comprehensive overview of all products and services in the ecosystem, is now live on https://influxtech.ai/

Kapa.ai and More

Thanks to a collaboration with the AI company, the Flux discord platform now features an “ask-ai” channel with an integrated kapa.ai bot. The bot doubles as a knowledge base and can be accessed on the support website. It comes preloaded with information to help community members navigate the ecosystem and will soon be rolled out on the official website.

Last month, a free Faucet was created to help new users get their first $FLUX. Funded by donations from community members, the faucet awards between 0.002 and 0.008 FLUX (Flux) every 3 hours and a bonus of 0.001- 0.003 FLUX per referral.

And there you have it for August! Last month, we launched FluxAI, partnered with Uphold, and won the Top 100 Blockchain Projects awards, among other things. But we are not stopping. The future is here, and we are ready — one tech at a time.

Catch up with Flux on all our social media platforms. For more information, please join our Discord and check our official website. Visit our marketplace to easily host and run front-ends, nodes, blockbooks, crypto projects, and games with just a few clicks. Flux is very active on Twitter. To participate in Flux’s Proof of Useful Work, check out FluxEdge.

InFlux Technologies is redefining the future of the decentralized internet by bridging the tech barrier and allowing end-users to interact more easily with the Web3 ecosystem. We are innovating to power the free web smarter, better, and at affordable prices. Join us and build the future today!

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Flux Official
Flux Official

Written by Flux Official

Blog source for all things Flux, officially; from the Flux Team | https://runonflux.io | https://twitter.com/runonflux

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