Floyx $FLOYX

Floyx is a groundbreaking project that taps into the potential of both web2 and web3 technologies to build a decentralized social media platform. By leveraging blockchain technology and the principles of web3, Floyx aims to provide an uncensored, secure space for all internet users, in which the user has total control and ownership over their published data and information.

Uniqueness of Floyx

What sets the Floyx apart is its ability to establish an enduring digital identity for every internet user globally. Floyx provides a safe, wallet-like application that creates a decentralized connection to the platform, with all content being stored on the user's side. It presents a broad spectrum of opportunities for users to monetize their creativity through writing articles, adding videos, podcasts, NFTs, and much more. In addition to this, the Floyx network gives users the capability to generate tokens and smart contracts without the need to employ blockchain developers.

History of Floyx

The Floyx project was initiated in 2018 with the vision of creating a platform for censorship-free social media. In 2020, dedicated profiles were created for the crypto industry to protect the community and investors from potential fraudulent activities. The project then transitioned to decentralized solutions utilizing web3 and blockchain principles in 2022. The idea of a token to power the entire platform's ecosystem and incorporate it into the monetization system is currently being developed. In 2023, Floyx aims to develop the world's first decentralized web3 application based on a wallet where all published content will be stored.

Future Plans for Floyx

In 2023, Floyx plans to construct its own blockchain to encourage maximum cryptocurrency adoption across the globe. In parallel, Floyx will create a deflationary token through an automatic algorithm that will burn 50% of the gas fee. The new chain is expected to be operational by 2024 and will be made available for use by both existing projects and new business founders.

Purpose of the Floyx Token

The Floyx token serves a variety of purposes, including establishing a decentralized connection in web3. It will also be accepted as a form of payment for marketing, accessing paid content from other users, obtaining limited NFTs, and more