Flux's claim to fame is its use of a "public spreadsheet". This is not only unconventional but also raises concerns about security, scalability and fraud. Further more the Dev of the project claims it to be under the form of a java script prototype that they will move to a rust one later down the line further more underscoring the project's immaturity.
The creators of Flux have shown a lack of understanding of fundamental cryptocurrency principles. When questioned about the technology behind Flux, the responses were vague and often incorrect. For instance, the explanation of blockchain as "a bunch of spreadsheets formed into a sorta cube" demonstrates a superficial understanding of the technology. This lack of expertise is a significant concern, as it puts into question the project's viability and long-term sustainability.
Flux's attempt to bribe Paper News to publish an anonymous advertisement disguised as a news article is a clear red flag that flux doesn't care about ethical concerns. Furthermore the lack of transparency and regulatory oversight make it a risky investment. When Paper News tried to arrange an interview the creator of the project never got a full interview.
There is already a service allowing you to buy/sell crypto's with DC money that "can gain you thousands maybe even millions!", called Vanguard Market Access making it very unlikely FLUX will stand out as all the crypto bro's (aka gamblers) already flooded to VMA.
(In the picture bellow you can see crypto bro's in their natural habitat gambling away their life savings on a random shit coins using VMA. - high quality safari taken at The Exchange (satirical))
While the allure of potential high returns may attract some investors as indicated by the project owner, the numerous red flags surrounding Flux make it a risky and unwise investment. From its questionable technology and leadership to its ethical lapses and market challenges, Flux appears destined for failure. Investors would be wise to approach this cryptocurrency with extreme caution, if at all.
Business post listing on the DC: https://discord.com/channels/673612908868927498/1338177587759026196
The Exchange #off-topic: https://discord.gg/cVT9pyezER , https://discord.com/channels/1194396473928974477/1284281306762448987/1338122316416159795
Silver interview: