Rust
0260000 (testnet)
00038
MultiversX is a highly scalable, secure, and decentralized blockchain network designed to enable radically new applications for users, businesses, society, and the new metaverse frontier. The platform aims to open the metaverse to the world, providing a sovereign blockchain module and core blockchain applications that are deployable in minutes and fully customizable.
- Features
- Ecosystem
- Token
- Scalability and Decentralization
- Impact
- Smart Contract Language Repository
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Features
MultiversX offers a wide range of features and use cases for any creative, brand, or company. It serves as the portal to the metaverse and the home of your avatar. It includes everything finance-related, such as a debit card, and social features like friends and chat. It is accessible to anyone, anywhere in the world.
The platform also includes a world creation engine and a network of interoperable metaverses, introducing the very first Metaverse planet of this new world.
Ecosystem
The ecosystem of MultiversX supports crypto payments in the blink of an eye, allowing online payments at competitive rates. It enables the instant, global, inexpensive, and automatic swapping of assets. The platform also supports NFT albums and art, providing secure and post-picassoed options. MultiversX backs the most ambitious teams and impactful technologies.
Token
The native token powering the MultiversX Network is the eGold (EGLD) Token. Its utility comprises all core network functionalities, such as staking, governance, transactions, smart contracts, and validator rewards.
Scalability and Decentralization
MultiversX is built from first principles to solve the two fundamental problems critical for widespread, global adoption: a transition from dialup to broadband, and a significant UX paradigm shift. It is perhaps the most scalable blockchain architecture in the world, with sharding enabling scalability beyond 100k TPS.
MultiversX is one of the most decentralized blockchain architectures in the world, spreading over 3200+ independent nodes, distributed around the world. Transactions on MultiversX are not only remarkably inexpensive at $0.05/tx, but they are also fully carbon negative, meaning each Money, Defi, NFT, and DAO transaction has been fully offset.
Impact
MultiversX envisions a true Metaverse as a technology with epochal impact, that could fundamentally reshape most aspects of society as we know it. It is seen as an evolution in communication, an evolution of the internet, the digital frontier, and the ultimate evolution of experience, education, exploration, and experimentation. According to MultiversX, without a blockchain, the Metaverse cannot exist.
