Gentlemen and ladies today we are going to talk about Flux Protocol!

Andrey Bezruk
2 min readSep 24, 2021

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Flux Protocol is an oracle platform that is built on Near Protocol. It is also independent of the blockchain. Validators must place bonds to bet on the correct result of a data request on the network.

The network model and advantages over other oracles

This project is not as simple as it seems at first glance, there is a lot of hidden technology lurking in it. At the moment, Flux is one of the most promising newcomers on the market, it has all the advantages that other top oracles have:

  • Decentralization;
  • Proof of Stake
  • Stacking;
  • Voting;
  • Built-in multi-chain support.

Flux Foreteller Ambassador Program

At the core of every blockchain product, is the community. Our community is an extension of what we’re building — a place for everyone and anybody, a place to learn and grow, a place to maximize your potential.

​Flux Protocol is recruiting Foretellers to jumpstart company growth and take part in the community.​ As a Foreteller, you will help both new and existing users understand our ecosystem, identify and connect with potential communities, organize and participate in regional events and hackathons, scale and grow with us.

Benefits of Flux foretelling

  • Earn Flux swags and network rewards;
  • Be equipped with mission-critical tools to support and grow your endeavors at personal and network levels;
  • Be the first to know Flux and its multi-chain universe development up close and personal, while helping us grow.

Investors and Backers

The round was led by Distributed Global, with participation from Coinbase Ventures, CoinFund, Uncorrelated, Figment Capital, Maven 11, Reciprocal Ventures, Jabre Capital, Greenfield One, IOSG, Flow Ventures, among others, including industry leaders Hart Lambur co-founder of UMA and Illia Polosukhin, co-founder of NEAR Protocol. The event marks the culmination of a dream that started at ETH Berlin in 2018 and the beginning of the on-chain data industry’s transformation.

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