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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.

What is Decentralized Social (DESO)?

DeSo is an innovative layer-1 blockchain specifically crafted to foster the development of decentralized social applications, aspiring to connect with a billion users. Social media platforms generate enormous volumes of data, yet existing blockchain technologies often fail to effectively manage and organize this information. By focusing on a significantly untapped area within the blockchain realm—Social Media—DeSo has been thoughtfully designed to meet this critical need. All elements, including code and data, are fully open-source, ensuring that every piece of content is directly stored on-chain. So, what makes DeSo a preferred choice? The answer lies in its unparalleled scalability. It is the only blockchain uniquely designed to facilitate the growth of decentralized social platforms. Additionally, the DeSo blockchain incorporates its own native cryptocurrency, $DESO, which serves multiple purposes such as purchasing social tokens, acquiring NFTs, creating profiles and posts, and even rewarding users with "diamonds." This multifaceted functionality enhances the overall attractiveness of DeSo, establishing it as a holistic platform for social engagement on the blockchain. In a world increasingly driven by digital interaction, DeSo stands ready to redefine how we connect and share.

Media

Media

Integrations Supported

AscendEX
AshSwap
BHero
Binance Web3 Wallet
Bitfinex
Covalent
InfStones
Ledger Nano X
Maiar
Maiar Exchange
MultiversX Wallet
NFT Art Generator
Shyft
WazirX
Zeroswap
xExchange
xPortal

Integrations Supported

Diamond
PayBitoPro

API Availability

Has API

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

24 Hour Support
Web-Based Support

Customer Service / Support

Not specified

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

MultiversX

Date Founded

2017

Company Location

Malta

Company Website

multiversx.com

Company Facts

Organization Name

DeSo Foundation

Date Founded

2021

Company Website

www.deso.org

Categories and Features

Blockchain

Not specified

Crypto Staking

Not specified

Layer 1 Protocols

Not specified

Smart Contract

Not specified

Categories and Features

Blockchain

Not specified

Layer 1 Protocols

Not specified

Social Networking

Not specified

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