Flux (FLUX) Due-Diligence Report

Institutional Grade Cryptocurrency Analysis

Final Score: 7.22/10
Worth Considering

Executive Summary

Flux (FLUX) presents a compelling investment opportunity as a leading decentralized Web3 cloud infrastructure. Its key strengths lie in its robust and expanding network of user-operated nodes, offering a censorship-resistant and scalable alternative to traditional cloud services.

Key Strengths

  • • Strong technical foundation
  • • Active developer community
  • • Strategic partnerships (Nvidia, Uphold)
  • • Decentralized infrastructure

Key Risks

  • • Market volatility
  • • Regulatory uncertainty
  • • Competition from AWS/Azure
  • • Technical implementation risks

Key Metrics

Price (USD) $0.20
Market Cap $77.31M
FDV $88.05M
24h Volume $6.41M
Circulating Supply 386.35M FLUX
Max Supply 440M FLUX
10,948
Total Nodes
213.61 TB
Total RAM
91,640
Total Cores
5.693 PB
Total SSD

What is Flux?

Flux is a decentralized Web3 cloud infrastructure comprised of user-operated, scalable and globally distributed computational nodes. It aims to provide a decentralized alternative to traditional cloud service providers, enabling users to build and deploy decentralized applications (dApps) with increased flexibility, scalability, and censorship resistance.

Decentralized

Censorship-resistant infrastructure

Scalable

Global network of nodes

Code Agnostic

Docker container deployment

Team & Backers

Founders

  • • Daniel Keller (Co-founder)
  • • Tadeáš Kmenta (Co-founder)
  • • Parker Honeyman (Co-founder)

Key Investors

  • • Coinbase Ventures
  • • Distributed Global
  • • IOSG Ventures
  • • CoinFund

Team Growth

Team expanded from 37 members (2021) to 49 members (2023), showing consistent growth.

Growth Metrics

Developer Activity

968 GitHub commits across 40 core repositories, indicating strong development activity.

Revenue Model

762 paying applications generating ~1778 FLUX revenue per month (as of Aug 2022).

Network Utilization

31% of nodes actively running applications, showing healthy network utilization.

Strategic Partnerships

Nvidia

Technology

Web3 development collaboration

Uphold

Exchange

Trading and liquidity expansion

Kraken

Exchange

Strategic partnership

Chainlink

Oracle

Security and reliability enhancement

FIO Protocol

Technology

User experience improvement

NodeAI

AI/Compute

Decentralized AI and federated compute

Token Allocation

Users: 94.7%
Flux Foundation: 2.9%
Exchange/Liquidity: 1.7%
Flux Team: 0.7%

Token Utility

Resource Payments

Pay for computational resources and services

Node Collateral

Lock FLUX to operate FluxNodes

Transaction Fuel

Power blockchain transactions

Network Incentives

Rewards for miners and node operators

Price History

FLUX price performance over time

Scoring Analysis

Detailed breakdown of all evaluation categories

Score Visualization

Technical Risks

  • • Code defects and vulnerabilities
  • • Security breaches
  • • PoUW implementation challenges
  • • Decentralized system complexity

Regulatory Risks

  • • Evolving crypto regulations
  • • Restrictions on decentralized platforms
  • • Compliance requirements
  • • Legal status uncertainty

✓ Legal reviews concluded FLUX is not a security

Market Risks

  • • Crypto market volatility
  • • Competition from AWS/Azure
  • • Web3 adoption dependency
  • • Token price impact on security

Risk Mitigation Strategies

Strengths & Mitigations

  • • Active development community
  • • Strategic partnerships with major players
  • • Proactive legal compliance efforts
  • • Diversified revenue streams
  • • Strong technical foundation

Future Catalysts

  • • PoUW implementation
  • • Service GA releases
  • • Additional exchange listings
  • • Partnership expansions
  • • Web3 market growth
7.22/10
Final Weighted Score
Worth Considering

Investment Recommendation

"Flux is a solid long-term investment for those seeking exposure to the decentralized cloud computing sector, offering significant growth potential despite market and regulatory uncertainties."

Investment Thesis

  • • Leading position in decentralized cloud computing
  • • Strong technical differentiation with PoUW development
  • • Robust tokenomics favoring decentralization
  • • Strategic partnerships with industry leaders
  • • Growing network of computational resources
  • • Clear revenue model and utility

Key Considerations

  • • Monitor regulatory developments
  • • Track PoUW implementation progress
  • • Watch for increased institutional adoption
  • • Consider position sizing due to volatility
  • • Evaluate against broader Web3 trends
  • • Long-term investment horizon recommended

Report Methodology

This due-diligence report was compiled using a comprehensive scoring framework that evaluates 12 key categories weighted by their importance to institutional investors. The analysis incorporates the latest available data from primary sources including project documentation, GitHub repositories, DefiLlama, Token Terminal, and major cryptocurrency exchanges.

Report Date: June 19, 2025

Analyst: Manus AI

Data Sources: Official Flux documentation, CoinMarketCap, CoinGecko, GitHub, DefiLlama