MultiversX Research Hub | EGLD information, history and analysis
Elrond is a blockchain protocol that provides extremely fast transaction speeds using sharding. Elrond is a technology ecosystem for the new internet, including fintech, decentralized finance, and the Internet of Things. Elrond’s smart contract execution platform is said to be capable of executing 15,000 transactions per second with a latency of just six seconds and a transaction cost of $0.001.
Elrond also has the advantage of high scalability. The project also supports developers building on the platform, allowing them to earn 30% of smart contract fees in the form of royalties.
EGLD is a token that works on the Elrond blockchain and is used to:
- Pay network fees
- Stake and reward validators
In addition, EGLD is also established as a digital asset to store value.
On August 12, the scalable blockchain MultiversX has launched MultiversX Snap on MetaMask.
This new feature provides users with access to its ecosystem and enhances security through two-factor authentication (2FA).
Token Spotlight: MultiversX (EGLD), New generation blockchain with outstanding speed
MultiversX is a new public blockchain architecture. MultiversX’s goal is a global blockchain with transaction speeds of up to 10,000 transactions per second, low latency, and virtually negligible transaction fees.
Details: https://bit.ly/40uWLEA
Google Cloud teams up with MultiversX
Google Cloud’s BigQuery data warehouse has integrated with MultiversX.
This integration will help Web3 projects and users derive valuable insights from powerful data analytics and artificial intelligence tools within the Google Cloud ecosystem.
Crypto browser Opera integrates Layer 1 blockchain MultiversX
Metaverse-focused blockchain MultiversX, formerly known as Elrond, is teaming up with crypto browser Opera to integrate support for its growing ecosystem.
Opera users can explore the decentralized internet with the MultiversX network integrated into the browser’s interface.
Romania partners with MultiversX to launch NFT trading platform, EGLD rises 12.18%
Romania and MultiversX have officially launched ICI D|Services, the world’s first state-governed NFT Marketplace.
Reacted positively to the news, in the past 24 hours, EGLD, the native token in the MultiversX ecosystem, has increased by 12.18%.
Elrond renamed to MultiversX, focusing on Web3 And metaverse
Elrond, a blockchain startup, has changed its name to MultiversX to reflect its shift into metaverse research.
MultiversX will release three new tools, including xFabric, xPortal, and xWorlds, in order to assist users and developers of the metaverse.
Opera browser integrates Elrond blockchain services to bolster Web3 adoption
Web3 crypto browser Opera announced plans to integrate Elrond blockchain services for over 300 million users. The integration would help Opera users directly access a host of decentralized applications (DApps) and other popular services through the integrated Opera wallet.
With the integration, Opera users will have access to the Elrond Standard Digital Token (ESDT), a native token issuance standard, in addition to the native EGLD tokens, making it a great entry point for Web3. Users will be able to take part without relying on a third-party wallet, ensuring seamless transactions and added security.
Elrond Gold announced launching cross-chain bridge
Elrond Gold announced the go-live of the Elrond Ad Astra Portal. The new, fully decentralized and thoroughly tested token bridge will enable assets to flow freely between Elrond and Ethereum, and soon other EVM compatible blockchains.
Fully regulated fund ‘Skynet EGLD Capital’ raises $40 million USD to invest in the Elrond ecosystem
Skynet EGLD Capital, the first licensed fund to accept in-kind subscriptions in Elrond Network blockchain’s native currency EGLD, announces it has raised more than 40 million USD for supporting the development of the Elrond ecosystem.
Crypto-native investors in the new round included Morningstar Ventures, Spark Digital Capital, Woodstock, Verko and additional support of Binance Institutional, MEXC, Huobi Global, Kucoin and Bitmart.
Elrond announces partnership to access markets in over 200 countries
Elrond CEO Beniamin Mincu announced Elrond’s strategic partnership with Singapore-based cryptocurrency exchange MEXC Global.
In the terms of the partnership, MEXC Global will support projects in the Elrond Network ecosystem with guidance, funding, and access to new markets in more than 200 countries, including the U.S.