InFlux Technologies Limited acquires Zelcore: “Core Wallet” revolutionizes Web3!

Zelcore is merging into InFlux Technologies with a new brand identity, logo, and look and feel. Over 700,000+ users are getting a new powerhouse platform to power Proof of Useful Work and seamless blockchain integrations.

Zelcore has played a massive role in the InFlux ecosystem since its inception almost five years ago. As a multi-chain, Web3-based, non-custodial wallet platform, Zelcore features integrated applications that connect Flux with other blockchains, link users to different exchanges, and enable node operators to manage their FluxNodes and much more.

Remarkably, we’ve come a long way since the launch of Zelcore. The wallet has over 700,000+ unique users and 2.5m unique addresses housing more than 1 million blockchain assets.

However, we’ve introduced new products, penetrated diverse markets, bridged into more ecosystems, and onboarded new projects. Now, we are expanding the scope of our operations to include all facets of Web3.

The upcoming merger will be completed in 2023 and promises transformative changes in the near future.

Because of the merger, Zelcore is changing its name to “Core Wallet” (name subject to change), complete with a fresh logo and brand colors. This extensive rebranding process marks the integration of Zelcore into the broader InFlux ecosystem to accommodate our new range of solutions and products. With the introduction of SSP, InFlux now offers a comprehensive suite of products.

The revised brand identity holistically reflects our vision of providing high-availability infrastructure for powering the new internet and a better understanding of our role in shaping the decentralized future. Our goals include the establishment of a fully supported ecosystem for “Proof of Useful Work,” a Flux initiative aimed at transforming the way we approach computation and more.

Zelcore has successfully solved two significant problems that limited the onboarding of new users to blockchain and Web3 platforms: accessibility and security concerns. The addition of zUSD, a stable asset built on KDA and developed with Fusion, will bring a different level of service to those in Web3.

It introduced a simple “username-password” system instead of the traditional 12-phrase mnemonic, offering a simplified login process. Additionally, the platform also leveraged an advanced encryption algorithm that erases all password information and digital footprint once a user logs out.

The new InFlux’s Core Wallet will reinforce these foundations and become a multi-asset platform that integrates with other products in the Flux ecosystem. It will also offer support for Proof of Useful Work (PoUW) and cater to the mining community for a more seamless look and feel.

The combination of Zelcore and InFlux marks a significant milestone as we continue to serve users globally, promoting interoperability, synergy, and accessibility to affordable cloud services in the Web3 industry.

“InFlux is dedicated to fortifying the Flux ecosystem to be robust, secure, and most of all, decentralized. This merger paves the way for PoUW’s expansion, offering a seamless miner-wallet-Web3 portal combination. Blockchain is changing, and we are leading the way to the next level of adoption. Core Wallet will be the nexus that brings it all together and allows users to benefit from years of development and hard work from the InFlux and Zelcore teams and the community and ecosystem. The game is changing, and we are leading the way again.” Daniel Keller, CEO of InFlux Technologies and Co-Founder of Flux.

For more information on Flux, please join our Discord and check our official website. Visit our marketplace to easily host and run front-ends, nodes, block books, crypto projects, and games with just a few clicks. Flux is very active on Twitter.

Flux 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 in building the future today. Learn more about Zelcore as well; they are changing how we access Web3.