Name: MultiversX
SKU: EGLD
Price: 14.105955854493 USD

<p>MultiversX (formerly Elrond) is a highly scalable, secure and decentralized blockchain network&nbsp;created to enable radically new applications, for users, businesses, society, and the new metaverse frontier.</p><p>The EGLD token is the centerpiece powering one of the most ambitious Metaverse ecosystems in the world, securing the network via staking, and enabling accessibility and value exchanges across all of its applications and worlds.</p><p>EGLD is MultiversX's native cryptocurrency, it is used to interact with applications, send transactions, and incentivize participants supporting the network.</p><h3>What are EGLD key features and how does it work?</h3><p>Unique to MultiversX are its sharding and proof-of-stake designs that are fundamental to the network’s ability to process about 12,500 transactions per second.</p><p>Adaptive State Sharding works by splitting the network into shards. This means that nodes are split into subsets and only process a fraction of the network’s transactions. Once transactions are processed, the shards send them to MultiversX’s central blockchain where they are finalized. In order to prevent any collusion, one-third of nodes validating transactions in each shard are swapped out to a new shard every 24 hours.</p><p>The MultiversX network uses Secure Proof-of-Stake (SPoS), similar to traditional PoS, to secure the network, validate transactions, and distribute newly minted EGLD coins. It is used because Elrond’s network consists of shards instead of a single chain, as such the mechanism selects validating nodes to produce blocks within a shard rather than the entire network.&nbsp;</p><p>To achieve finality, validators must check the work of block producers and sync with other shards within the network. Once a set of transactions are successfully added to the MultiversX's blockchain, EGLD tokens are rewarded to the contributors.&nbsp;</p><p>Developers can use the Elrond Integrated Development Environment to write and launch customizable programs. A variety of programming languages are compatible with the network and can be used to create custom smart contracts and design new dApps that offer a variety of products and services.</p><p>Also, MultiversX is hoping to deploy Elrond Standard Digital Tokens (ESDTs) which can be tokenized stablecoins, synthetic assets, and fiat currencies that run on top of the Elrond Network.</p><h3>What can MultiversX be used for?</h3><p>MultiversX developers are seeking to create a blockchain that is at the heart of a global, borderless and fully accessible digital economy. As such, the platform has a variety of use cases.&nbsp;</p><p>The Maiar mobile dApp is a prime example. It is a wallet that has a number of features that tie in with the broader goals of MultiversX. Maiar is an incredibly fast and privacy-focused browser. Users also have the ability to store, stake, send, and receive eGLD coins and also to purchase eGLD tokens right from the wallet using more than 150 different fiat currencies.</p><p>Also, MultiversX is compatible with NFTs and they are supported by its NFT framework called Smart Accounts. They allow users to store large amounts of information, for example, emails, bitcoin addresses, health data, proof of citizenship, directly in their MultiversX Network account. This opens up MultiversX to a multitude of different use cases across a variety of sectors.</p><h3>Historical events:</h3><p>In 2022 years, Elrond (EGLD) has been rebranded to MultiversX. More information: <a target="_blank" rel="noopener noreferrer nofollow" href="https://twitter.com/ElrondNetwork/status/1589595861461630977">https://twitter.com/ElrondNetwork/status/1589595861461630977</a></p>

MultiversX Ecosystem

Project overview

IEO details

Lottery Details

Elrond Secures $1.9 Million in Private Funding Round [Press Release]

Community

Marketing

Ecosystem Rewards

Advisors

Team

Reserve

Private Sale

Binance Launchpad

MultiversX

MultiversX (previously Elrond) is a highly scalable, secure and decentralized blockchain network.

Electric Capital

Slow Ventures

Juan Benet

Balaji Srinivasan

Sequoia Capital

Alan Howard

Andreessen Horowitz (a16z)

Jeff Weiner

Base

Iron Fish

Morningstar Ventures

Moonrock Capital

The Spartan Group

GBV Capital

Waterdrip Capital

Vendetta Capital

Ascensive Assets

Hypersphere Ventures

Blizzard Fund

Woodstock Fund

Figment Capital

Axia8 Ventures

CoinGecko Ventures

Nexo

Everclear (prev Connext)

Kosmos Ventures

Impossible Finance

Nabais Capital

AVentures DAO

Subsquid

3 Chaps Capital

StakeBorg

Ganesh Swami

Erik Ashdown

Derek Yoo

Aurel Iancu

Delroy Bosco

Alex Smirnov

Batuhan Dasgin

Michael Chen

Etienne

Danish Chaudhry

Alchemy

Bware Labs

O-MEE

GameOn Forge

Blockchange Ventures

Big Brain Holdings

coinIX

Castrum Capital

Outlier Ventures

Kangaroo Capital

Maven Capital

FinSec Innovation Lab

Kima Network

Sociapol

Aventis (Polygon)

Paysenger

SpaceN

Gain detailed information about %name% %code% unlock and vesting. Use our token unlock calendar for planning and optimizing your investments. Explore tokenomics and how it's changing with our token distribution chart. Stay updated on unlock events and receive notifications for effective crypto asset management

%name% %code% Token Unlocks and Vesting: Schedule and Tokenomics

Name	Total	Unlocked	Locked
Binance Launchpad	25%	25%	-
Team	19%	19%	-
Private Sale	19%	19%	-
Reserve	17%	17%	-
Marketing	8.50%	8.50%	-
Ecosystem Rewards	7.00%	7.00%	-
Advisors	2.50%	2.50%	-
Community	2.00%	2.00%	-

MultiversX EGLD

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