today company encryption Elrond of rebranding to MultiversX to extend their applications into the Web3 sector and into the metaverse.
The company will focus primarily on three fronts:
- xFabric: the blockchain module, the heart of applications that will be usable in a few minutes and can be customized to your liking thanks to the many opportunities offered to companies and developers.
- xPortal: superApp, which will serve as a gateway to access the metaverse. A platform to manage your avatar but also a debit card to spend crypto and chat to interact with other users.
- xWorlds It is an engine for creating new worlds. A network that would make metaverse interoperability possible.
Benjamin MinkowCEO and Founder of MultiversX (now, as of today, formerly Elrond)And the He stated:
“Incredible amounts of creative energy are being poured into multiple, compelling metaphysical insights. Compelling insights. MultiversX is building the collaborative framework and buildable suite of tools to pave the way.”
It is clear that MultiversX will continue to use the Elrond blockchain ecosystem and EGLD cryptocurrency.
It was officially announced that Elrond had rebranded into MultiversX during the three daysThe event that is taking place now in Paris, Where Jean-Noel Barot, French Minister of Digital Transformation and Communications, Sebastian Borduja, Romanian Minister of Research, Innovation and Digitalization, and prominent industry leaders from finance, blockchain, Web3 and Metaverse, were introduced to the new platform.
The news about Elrond and EGLD crypto
During yesterday’s event it was also announce That Opera browser, that’s important more than 300 million users, Now compatible with Elrond.
Meanwhile, the EGLD encryptionor the native token of the Elrond blockchain, is on the rise and has come into effect Over $63. In fact, during this week, the EGLD index rose to $63.76, reaching a weekly high, after hitting $56 as the lowest level in the last 7 days.
Of course, we are still far from the cryptocurrency’s (ATH) highs of $542 in November last year, but there is a lot of interesting news happening at Elrond.
For example, EGLD was recently merged into Revolutionwhich is a popular fintech application with More than 20 million customers around the world,