Flux (Political Party)

Australia
Sydney, New South Wales, Australia, 2000

Company profile

Flux (Political Party) company profile

Flux is a political movement which aims to replace the world's elected legislatures with a new system known as issue-based direct democracy (IBDD). Flux originated in and is most active in Australia, but it is also active internationally, with groups existing in the United States and Brazil. IBDD is similar to liquid democracy, though there are differences. In IBDD, voters would still have the right to vote directly on every issue or delegate their vote to someone else, but unlike in liquid democracy, voters can choose to forego votes on one issue to use on another issue. This creates opportunity cost between issues and allows voters to specialise their votes on the issues that are more important to them. This specialisation of votes allows citizens to participate effectively in issue-based direct democracy without having to focus on every issue as they would in regular direct democracy. Software to implement IBDD is being developed by SecureVote, a startup company set up by Nathan Spataro and Max Kaye to bring Blockchain-based voting to Governments, Businesses and Token Ecosystems.

Business identity

Contact email
[email protected]
Phone number
+61 418 638 553
Operating status
Active
Company type
Non Profit
Employee range
11-50 employees
Revenue range
$0+
Founded
2015-05-01, Month

Headquarters

Postal code
2000
Country code
AU
Continent
Oceania

Capital profile

Funding and company signals

Funding stage
Seed
Funding rounds
1
Total equity funding
$120,000
Last funding
Pre Seed / $120,000 / 2017-01-13
Last equity funding
Pre Seed / $120,000
Investors
1
Lead investors
1

Founders and investors

Lead investors

Techstars

Investors

Techstars