Flux Crypto Introduces Web 3.0 Development With Nvidia Partnership

Flux Crypto Introduces Web 3.0 Development With Nvidia Partnership

One of the most interesting aspects of the crypto industry is the number of different areas that can simultaneously capture the interest of investors. In 2021, investors are as dominant in non-fungible tokens (NFTs) as they are pupcoins, metaverses, and Layer 2. 2022 brings with it a lot of these interests, but also sees some new ones joining the fold. The cryptocurrency industry is getting a lot of attention and is Web 3.0, which has been heralded as the next step for the evolution of the internet. flow (CCC:FLUX – US Dollars) is one really exciting crypto game for the bulls from Web 3.0, and some news from the Flux crypto project this week is causing an uproar.

Flux (FLUX) cryptocurrency logo on white cloth.

Source: shutterstock

Flux is a project that wants to challenge the web services products of tech giants like Amazon (NASDAQ:AMZN) And the alphabet (NASDAQ:GoogleNasdaq:Google). The cloud suite of software offers a suite of products that compete with Amazon Web Services offerings, but with the added advantage of being decentralized.

With Flux, one can deploy applications, containerized oracles, host servers, and store files. The network also ensures competitive speeds for these giant technical services; User-managed FluxNodes supports the infrastructure underpinning these services. Node can be run by anyone, and they are spread all over the world. This makes the applications accessible anywhere, anytime.

Crypto Flux has been astounding investors for a few months now. In fact, the coin has gained more than 800% since October of last year. It has also quickly become a leader when it comes to Web 3.0 encryption projects. Three months ago, Flux was not even among the top 500 crypto projects by market capitalization; Today, it is the 122nd largest digital currency, and one of the largest movement of Web 3.0, with a market capitalization of $500 million.

Flux Crypto Inks Partnership with Nvidia on Development

It is clear that Flux encryption is undergoing massive changes for the better. This week, it won’t slow down at that pace at all. In fact, Flux is ramping up development significantly, thanks to support from a major technical player.

nvidia (NASDAQ:NVDA) is a technology company that has become more visible to the public during the chip shortage. That’s because the company is known for its production of high-end graphics processing units (GPUs). It is also particularly relevant to the crypto world, as these GPUs fuel the cryptocurrency mining world.

Now, Nvidia is stepping into the crypto world And Web 3.0 announces an introductory partnership with Flux. As a lead partner, Flux is one of the few projects with the highest level of access to Nvidia engineers and marketers, who will be able to provide support for the project. The partnership was formed out of an interest that Nvidia shares with Flux and other Web 3.0 projects to advance the success of a decentralized Internet. Now, Flux will have a wide range of tools at its disposal to enhance its offering and ensure future innovation.

Unfortunately for investors, cryptocurrency Flux does not reflect this bullish news yet; The coin is currently losing about 10%. With investors anticipating an official announcement from Nvidia’s side of the camp, things may look different soon.

Published in, Brenden Ryrick He did not have (directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the author, and are subject to InvestorPlace.com’s posting guidelines.

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