[WHITEPAPER SUMMARY] Discover the Flux project in 2 minutes
After reading the whitepaper several times and fully understanding it, I've created an EASY AND QUICK to read summary with all the important information.
Foreword: I don't work for Flux. I'm simply an independent content creator who loves this project and wants to support it by offering free content for educational purposes.
Summary:
- What is Flux?
- What does Flux solve?
- What is the Flux solution?
- How does that work exactly?
- What are the use cases of Flux?
- Who are Flux users?
- Why Flux can easily go over 10 billions of Market cap in the coming years?
1. What is Flux?
👉 Flux is a suite of decentralized computing services and blockchain-as-a-service solutions.
Put simply, they offer the same services as AWS (Amazon Web Services), but on a decentralized network hosted on the blockchain. Not in data centers.

2. What does Flux solve?
👉 Flux solves the problem of insufficient computing power.
Since the arrival of the AI companies, there is a currently huge unmet need for computing power, which is holding back technological progress.
The NVIDIA's market cap is a perfect example.

By being a decentralized network, Flux also solves the security, reliability and confidentiality problems associated with GAFAM's centralized networks.
🌏 Flux's PoUW network also emits far less CO2 than centralized networks hosted on data centers.

3. What is the Flux solution?
👉 Flux created a PoUW network who allows anyone to rent their computing power in exchange of a remuneration.
This maximizes the GPU resources available in our world and solves the problem of the lack of low-cost computing power.

4. How does that work exactly?
👉 Flux runs a benchmark of your computer's hardware to see which tasks can be assigned to you depending of your computing power.
Then, you can rent your computer for different tasks on the Flux marketplace whenever you like and get paid for it.

Flux's desire to be accessible to the widest possible audience is also reflected in the node's operators system.
They have created different levels of hardware and collateral requirements, so as many people as possible can commit to hosting and securing the network.

Flux remunerates miners and node operators equally, ensuring a stable and scalable network.
The higher the price of Flux, the more people want to host and secure the network to earn the rewards, and the more customers Flux can host. It's a virtuous circle.

5 What are the main use cases of Flux?
There are two main use cases.
👉 Storage and hosting: Included decentralized storage of data, Dapps, exchanges, websites and web3 video games.
👉 Power computing: Included AI training, 2D & 3D rendering and headless gaming.

6. Who are Flux users?
There are two types of users.
👉 Those who ensure the proper operation of the network and Flux services: Computer power providers, node operators and miners.
→ Example: Someone has a gaming computer with good hardware and wants to make some extra money. When he's not using his computer, he rents it on the Flux marketplace, and some people can use it for different use cases.
👉 Users and clients: Those who need storage to host data, a Dapps or a site, or perform computing to educate an AI or do rendering.
→ Example: An AI company has just developed a new machine learning algorithm and wants to deploy it quickly, but its internal computing power won't allow it to before a week. So it goes to Flux's marketplace to rent computing power and do it in just a few hours.

7. Why Flux can easily go over 10 billions of Market cap in the coming years?
👉 According to a report by Polaris market research, the cloud computing market is currently following an exponential curve and is expected to reach over $1,000B by 2026, and almost $1,500B by 2028.
This will give space to many new players, because the supply currently available will not be enough to satisfy this ever-increasing demand of power computing.

Companies will naturally be attracted to networks capable of delivering high computing power at low cost, and Flux's structure has been designed precisely along these lines.
So even with only a small slice of a market worth over 1,000 billion, it's highly probable that Flux's market cap will exceed $10 billion in the coming years.