Company Information

Get to know Zelcash

Originally launched as Zelcash (ZEL), a fork of Zcash with a focus on privacy and a proof-of-work consensus mechanism, the project has since evolved significantly. In March 2021, it rebranded to Flux to better represent its expanded mission of providing a decentralized cloud infrastructure, often referred to as Web3. The Flux ecosystem now consists of a suite of decentralized computing services (FluxOS), the native cryptocurrency (FLUX), a multi-asset crypto wallet (Zelcore), and a network of user-operated nodes that provide the computational power. The project's goal is to offer an alternative to traditional cloud providers like Amazon Web Services by leveraging blockchain technology for decentralized application hosting and management.

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Crypto CryptocurrencyPRIMARY
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Zelcash

Senegal

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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--/40

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--/60

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.