MultiversX
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What is MultiversX Wallet?
MultiversX represents a cutting-edge blockchain ecosystem engineered for exceptional scalability, robust security, and true decentralization, setting a foundation for groundbreaking applications that serve a wide array of users, enterprises, and the burgeoning metaverse. This platform facilitates the safe storage, transfer, and trading of tokens and collectibles while providing seamless integration with diverse Web3 applications built on its framework. By employing a staking mechanism, the blockchain allows users to earn rewards on their cryptocurrencies, thereby increasing their asset value through active utilization. Users can conveniently buy, store, send, and exchange tokens via both desktop and mobile applications, gaining entry to various decentralized applications (dApps) that enhance their Web3 journey. Security during blockchain interactions is elevated through the adoption of hardware wallets, creating a secure environment for all transactions conducted by users. The intuitive interface allows individuals to easily track their blockchain activities, supporting all desired MultiversX tokens and applications. The xPortal money app further enriches the user experience by incorporating innovative security features, options for social recovery, and integrated decentralized finance (DeFi) functionalities. Capable of handling 15,000 transactions per second (TPS) with a block time of merely 6 seconds and transaction fees as low as $0.001, the network has the potential to scale beyond 100,000 TPS, having impressively processed 263,000 TPS under testnet conditions, highlighting its promise for future expansion and widespread adoption. This solid infrastructure not only supports users' engagement with digital assets but also positions MultiversX at the forefront of the advancing blockchain technology landscape, ensuring it remains a key player in the evolution of the digital economy.
What is MultiversX?
MultiversX, which was formerly known as Elrond, represents a decentralized blockchain ecosystem that prioritizes scalability and security, with the goal of enabling groundbreaking applications for individuals, enterprises, and society while also delving into the burgeoning metaverse.
Harness the power of the Multiverse to bring your ideas to life by crafting new applications, economies, and environments. Featuring a self-governing blockchain module along with key core applications, this platform allows for rapid solution deployment in just minutes, while offering a wide range of customization possibilities. Its expansive array of features caters to creatives, brands, and organizations, fostering innovation and collaboration.
As a gateway to the Metaverse, it creates a digital space for your avatar that includes a comprehensive suite of financial services—such as a debit card—alongside social functionalities that let users chat and connect with friends. Designed to be accessible to a global audience, it paves the way for users everywhere, acting as a vibrant world-building engine that links various interoperable metaverses, and ultimately sets the stage for the debut of the first Metaverse planet within this evolving digital realm. Furthermore, the platform continuously seeks to adapt and expand, ensuring it remains at the forefront of technological advancements and user engagement.
Integrations Supported
AshSwap
DX25
xExchange
AscendEX
BNB Smart Chain (BSC)
Binance Web3 Wallet
Bitget Wallet
Bithumb
InfStones
Itheum
API Availability
API Availability
Has API
Pricing Information
Free
Free Version
Pricing Information
Pricing not provided
Supported Platforms
SaaS
Android
iPhone
iPad
Supported Platforms
SaaS
Customer Service / Support
Web-Based Support
Customer Service / Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Training Options
Documentation Hub
Company Facts
Organization Name
MultiversX
Company Location
United States
Company Website
wallet.multiversx.com
Company Facts
Organization Name
MultiversX
Date Founded
2017
Company Location
Malta
Company Website
multiversx.com
Categories and Features
Categories and Features
Blockchain
Not specified
Crypto Staking
Not specified
Layer 1 Protocols
Not specified
Smart Contract
Not specified