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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 Harmony?

Harmony is a high-speed, open blockchain that operates its mainnet to run Ethereum applications with a remarkable two-second response time and fees that are 100 times lower. With secure bridges, Harmony enables seamless cross-chain asset transfers between Ethereum, Binance, and various other networks, fostering a vibrant ecosystem for creators to engage with their communities. Its bridges facilitate connections between both Proof of Work and Proof of Stake chains, ensuring versatility and inclusivity. The FlyClient architecture is designed to be completely trustless and highly gas-efficient, currently safeguarding tens of millions of cross-chain assets from Ethereum and Binance Smart Chain. Developers can easily switch the Chain ID, allowing for swifter execution of EVMs that maintain identical bytecode, simplifying migration to Harmony with their existing Web3 tools. For users, familiar platforms like MetaMask and Ledger remain accessible, and they will benefit from significantly reduced transaction fees. Additionally, any Ethereum portal or wallet can operate on Harmony without requiring code alterations or new installations, making it an attractive option for a broader audience. Overall, Harmony's innovative approach not only enhances performance but also streamlines the user experience across different blockchain environments.

Media

Media

Integrations Supported

AscendEX
BNB Smart Chain (BSC)
Bitget Wallet
Blockdaemon
Guarda Wallet
InfStones
WazirX
Binance Web3 Wallet
Maiar Exchange
xExchange

Integrations Supported

AscendEX
BNB Smart Chain (BSC)
Bitget Wallet
Blockdaemon
Guarda Wallet
InfStones
WazirX
Frax
Gitcoin
HTX
Ledger
MathWallet
OpenOcean
Traceye
vfat.tools

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

Harmony

Company Website

www.harmony.one/

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

Cross Chain Bridges

Not specified

Crypto Staking

Not specified

Layer 1 Protocols

Not specified

Smart Contract

Not specified

Web3

Not specified

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