Accessible Low Fees

Fluxnet is committed to making blockchain technology accessible to everyone. One of the key barriers to entry for new users can be transaction fees, especially when they are just starting out and may not have any cryptocurrency to cover those fees. To address this, Fluxnet offers an innovative Fee Sponsorship program that streamlines onboarding and enhances the user experience.

Program to Allow Users with Empty Wallets to Participate:

The Fee Sponsorship program is designed to remove the initial hurdle of transaction fees for users who are new to the Fluxnet ecosystem or those who may have "empty" wallets (wallets without any FLUX to cover transaction fees). This program allows these users to still interact with the blockchain and experience the benefits of decentralized applications without needing to make an initial investment.

Sponsors Covering Transaction Costs:

The program works by enabling sponsors to cover the transaction fees of other users. Sponsors can be:

• dApp Developers: Developers can sponsor their users to encourage adoption and make their applications more accessible. This is especially useful for applications that require frequent or complex interactions with the blockchain.

• Fluxnet Community Members: Individuals who are passionate about Fluxnet and want to help onboard new users can choose to sponsor others.

• Businesses: Companies building on Fluxnet can sponsor their customers to provide a more seamless user experience.

How it Works Flux utilizes a innovative concept called "Shift-and-Pay". Where a user can request, or a developer can implement for their dApp, a shift of fees from the user to a sponsor. This function is built into the core code of Flux and is easily implemented.

Streamlining Onboarding and User Experience:

The Fee Sponsorship program significantly improves the onboarding process for new users. By removing the initial cost barrier, it:

• Reduces Friction: New users can start using dApps and interacting with the Fluxnet ecosystem immediately without needing to acquire FLUX first.

• Increases Adoption: Makes it easier for developers to attract and retain users.

• Enhances User Experience: Creates a more seamless and user-friendly experience, particularly for those who are new to blockchain technology.