FLUX Protocol

Company Overview

Snapshot

Founded in November 2014 by Blake Burris, Amichai Yifrach, and Karin Kloosterman, FLUX Protocol operates with 1–10 employees. The company has raised $400K across two funding rounds from Eyal Bino. In November 2022, FLUX Protocol ceased to operate.

Business overview

FLUX Protocol is developing a distributed network for environmental data, specifically targeting the agriculture sector. The company's core technology includes military-grade IoT hardware, distributed storage, and a blockchain-based AI system. It aims to create the world's largest co-op for environmental data, enabling growers to monetize their data and participate in sustainable practices. FLUX Protocol operates within the Agriculture & Food Technologies sector, focusing on Ag Tech and Farm Equipment & Treatment, and serves markets globally.

Strategic signal

In November 2022, FLUX Protocol ceased its operations. This indicates a significant strategic shift and the discontinuation of its efforts to build a distributed network for environmental data within the agriculture sector.

Company Intelligence Q&A

What is FLUX Protocol's primary focus?

FLUX Protocol is focused on building the world's largest co-op for environmental data, utilizing a tokenized incentive layer to allow growers to monetize their data.

When was FLUX Protocol founded?

FLUX Protocol was founded in November 2014.

What is the status of FLUX Protocol?

FLUX Protocol ceased to operate in November 2022.

What technology does FLUX Protocol utilize?

FLUX Protocol utilizes military-grade IoT hardware, distributed storage, and a blockchain-based AI system to support sustainable practices.

What products does FLUX Protocol offer?

FLUX Protocol offers products named Eddy and Flux Token.