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MultiversX EGLD Logo
MultiversX EGLD
$13.67 5.70%
OG Score 51.65
Reviews 5
MultiversX EGLD Logo

MultiversX EGLD Price

$13.67 5.7%
Low All Time High
$6.51 $545.64

Introduction

MultiversX (previously Elrond) innovates in Cosmos with EGLD, sharding, fostering a versatile ecosystem since 2020. More

OG Score 51.65
Reviews 5
Market Cap $391.64M
Market Cap Rank # 230

Token Stats

Fully Diluted Valuation $391.64M
24H Trading Volume $16.85M
24H Low / High $12.85 / $ 13.71
Circulating Supply 28.67M
Total Supply 28.67M
Max Supply 31.42M

Info

Categories Smart Contract Platform 9 more
Founder Beniamin Mincu 1 more
Website multiversx.com Whitepaper 1 more
Socials 5 more
Explorer Bigdipper 3 more

EGLD/USD Price Chart

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$EGLD Community Sentiment

OG Evaluation

OG Score

OG Score Rank #96
Reviews 5
Gem Score 21.08

OGAudit Coin Evaluation Metrics

Innovation 63 .06
Innovation Evaluates whether the project introduces a unique, impactful solution that clearly outperforms competitors.
Security 50 .98
Security Assesses the robustness of smart contracts or protocol security, and the availability of up-to-date audit reports.
Community 41 .62
Community Measures how actively the team engages its community and whether governance decisions involve on-chain voting or transparent input.
Tokenomics 51 .76
Tokenomics Examines the utility of the token, distribution fairness, and whether there are clear incentives for long-term holding or usage. Also evaluates the project’s revenue model, including income sources, sustainability, and whether value flows back to token holders or the ecosystem.
Team 47 .54
Team Evaluates the experience,credibility of the founding and development team.
Roadmap 54 .96
Roadmap Assesses the clarity, transparency, and timely execution of the project's development roadmap.

MultiversX $egld User Reviews

What Crypto OGs are Saying About MultiversX

$egld Markets

Name Pair OG Score

About MultiversX $egld

What is MultiversX (EGLD)?

MultiversX, once known as Elrond, stands as a revolutionary blockchain network within the Cosmos ecosystem, providing an extensive suite of utility products and xProducts aimed at fostering a robust ecosystem. Their offerings include MxBridge, MxWallet, MxExplorer, xMoney, xExchange, xLaunchpad, xFabric, xPortal, xWorlds, and xSpotlight, facilitating cross-chain asset bridging, decentralized exchange, launchpad services, and more.

At the core of MultiversX lies the EGLD token, fueling a cutting-edge Metaverse ecosystem, offering security through staking, and powering various applications and transactions within the network. Distinctive features include its sharding and proof-of-stake mechanisms, empowering the network to process about 12,500 transactions per second while maintaining security through Adaptive State Sharding and Secure Proof-of-Stake (SPoS).

MultiversX presents a vision of a global, accessible digital economy with diverse applications. The Maiar mobile dApp stands as a testament to this vision, offering a fast, privacy-centric browser, eGLD storage, staking, and an avenue to purchase eGLD tokens. Moreover, MultiversX supports NFTs through its Smart Accounts framework, opening avenues across different sectors.

Introduced in August 2019, MultiversX went live with its mainnet in July 2020, setting a benchmark with its scalable, high-throughput network design, featuring state, network, and transaction sharding. The network, with its 3,200 validator nodes split across four shards, is designed to accommodate increasing demands and drive adoption by supporting developers building on the platform.

What is unique about MultiversX (EGLD)?

MultiversX (EGLD) offers a suite of utility products facilitating cross-chain asset bridging and a decentralized exchange within its ecosystem.

Who are the founders of MultiversX (EGLD)?

MultiversX, co-founded in late 2017 by Beniamin and Lucian Mincu with Lucian Todea, emerged as a response to blockchain scalability issues, preceded by their roles in ventures like MetaChain Capital and ICO Market Data.

Who are the backers/investors of MultiversX (EGLD)?

Some investors of MultiverseX are Binance Labs, NGC Ventures, Chainfund Capital, CRT Labs, DeltaHub Capital, Mapleblock, Node Kapital.

What is the consensus mechanism of MultiversX (EGLD)?

MultiversX (EGLD) operates on a consensus mechanism based on sharding and Secure Proof-of-Stake (SPoS), enabling the network to process around 12,500 transactions per second.

Where can I buy MultiversX (EGLD)?

You can buy MultiversX (EGLD) on Binance, MEXCBitgetBybitGate.io cryptocurrency exchanges.

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