Our weekly crypto derivatives analytics report delves into macro events; the current state of crypto and trading signals from spot trading volume; and futures, options and perpetual contracts.

At the start of the week, Bitcoin showed signs of decoupling from US equities. However, US president Trump's positive remarks about the US-China trade war (which had included a 145% tariff on Chinese goods) triggered a relief rally across markets. As a result, BTC has resumed moving up with US equities. 

This rally has led to a rise in short-tenor implied volatility and a recovery in BTC’s put-call skew, indicating that traders are seeking upside exposure.

Please check out the report’s highlights.

Perp open interest rises across the board

Perpetual open interest increased significantly this week across various tokens, especially ETH. Perpetual trading volumes also rose. Notably, Ap 7, 2025 recorded the highest trade volume of the month, following Trump's comment, "Forget markets for a second, we have all the advantages."

BTC option open interest shows a mixed picture; put-call skew in short tenor sends positive signals

President Trump’s recent willingness to negotiate a trade deal with China’s President Xi triggered a relief rally across asset classes, including crypto. Bitcoin had already risen 7% since Apr 21, 2025, prior to Trump's comments. Despite this rally, open interest in puts has outpaced calls, with options volume remaining relatively balanced. 

It's unclear if the demand for puts reflects a hedge against downside risks, or a bet against the upward movement. Meanwhile, perpetual funding rates are providing limited insight into sentiment. However, the recovery of the put-call skew at short tenors indicates that traders are seeking upside exposure to the rally — and are willing to pay for it.

ETH unexpectedly outperforms BTC in this relief rally

ETH's response to the recent crypto market recovery has diverged from previous trends: it outperformed BTC in spot prices, a rarity in past rallies, and open interest in calls exceeds that in puts — opposite to BTC's trend. In addition, ETH call open interest is nearly double that of puts, with calls dominating options volumes. This suggests traders anticipate ETH will reduce its significant underperformance against both BTC and other “ETH killers” like SUI and SOL. Additionally, the spot rally has led to another term structure inversion for ETH.

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Bybit X Block Scholes crypto derivatives analytics report (Apr 24, 2025): Put-call skew recovers at short tenors, showing reviving sentiment

Explore all the hottest Bybit events happening during the week of TOKEN2049 Dubai in this article.

It’s that time of year again — TOKEN2049 Dubai is back, and the city is buzzing with excitement. As one of the most anticipated events on the crypto calendar, it’s not just about the main conference; it’s about everything happening around it, too. From side events and workshops to exclusive mixers and demo days, Bybit is showing up in full force this year. Here's your inside look at what to expect during this action-packed week.

The heart of TOKEN2049 Week, TOKEN2049 Dubai promises two full days of future-facing discussions and innovation in the world of crypto. At the center of it all is Bybit’s immersive booth experience, built on the theme 

. It’s not just a theme — it’s a vibe. Picture claw machines, 

If you’re heading to TOKEN2049 Dubai, be sure to drop by the Bybit booth (located at P33) and chat with our extraordinary Bybit team! And don’t miss your chance to grab a gacha token by scanning our QR code with Bybit Pay. You could walk away with exclusive Bybit merch! 

DMCC x VARA: Crypto regulations and business growth

Policy meets progress at this exclusive evening event co-hosted by DMCC and VARA. This gathering brings together regulators and industry leaders for an open discussion on the future of digital asset compliance and business growth in the region.

You can expect sharp insights, candid perspectives and forward-thinking dialogue about what it really takes to scale a crypto business in a regulated environment. If you care about the future of web3 in the UAE, this is one event to mark on your calendar.

Bybit After Hours: Exclusive Insights & Networking 

 is a private cocktail evening for top-tier traders and long-time supporters of Bybit. This event is equal parts networking, knowledge sharing and celebration.

 to strategic conversations with the Bybit team, this night is tailored to those who trade big and think bigger. With an invite-only guest list, it’s set to be one of the most exclusive experiences of the week.

The Crypto Hub x Bybit Crypto Ark Demo Day

 is all about bringing hands-on energy to the web3 scene. Hosted at the Crypto Ark inside Bybit’s office, this event welcomes founders, devs and crypto creatives for a casual evening of product showcases, idea exchange and light networking.

While Bybit provides the space, the real spotlight is on the community — those shaping the next wave of innovation in web3.

 from across the CIS region are gathering for a deep dive into the tools, tips and strategies that drive growth at Bybit. This meetup goes beyond surface-level sharing — expect actionable workshops covering our Bybit Affiliate program and affiliate best practices.

It’s also a chance to hear directly from Bybit product leads and regional managers, share success stories and walk away with fresh ideas to maximize conversions. 

Wunderbit x Bybit: “Hey, Trading Bot, where is my profit?”

 are here to stay — and this event is going deep into what makes them tick. Co-hosted by Wunderbit and Bybit, the evening workshop blends honest stories from real traders with expert insights on how to avoid common automation pitfalls.

From bot setups that work to the ones that quietly drain your profits, this is your chance to ask the tough questions, hear unfiltered answers — and maybe rethink how you’re running your own bot strategy.

 (RWAs) are taking center stage at the RWA Gulf Summit, a high-powered event co-hosted by Qatar National Bank, Commercial Bank International and DMZ Finance. This summit brings together bank leaders, wealth funds, participants in DIFC, institutional investors and industry pioneers to explore the evolution of tokenized finance in the Middle East and beyond.

Bybit’s Head of Financial Products Jerry Li will take the stage to discuss how 

 (CEXs) can harness RWAs for enhanced yield and 

Dubai's Pinnacle Mixer: Mantle, Mirana, Bybit and Ethena

High above the city, this mixer brings together some of the biggest names in web3 — Mantle, Mirana, Bybit and Ethena. Expect an unforgettable evening of casual chats, cross-chain connections and cocktails with the minds behind some of today’s most innovative projects.

This private event is all about experiencing Bybit Pay in action. See interactive demos, grab a sneak peek at upcoming partnerships and network over bites and drinks. It’s a rare behind-the-scenes look at the way Bybit is shaping the future of crypto payments. 

Wrapping up the week is the Bybit Institutional Symposium — a full-day event dedicated to aligning strategies with institutional clients and forging new collaborations. From macro views to product deep-dives, this conference is built to spark big conversations among serious players.

The day concludes with a gala dinner, a fitting finale to a week in which ideas, connections and innovation have taken center stage.

Intermediate

Bybit Learn Highlights What to Expect at Bybit

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Highlights: What to expect at Bybit (Apr 28–May 2, 2025)

Balance (EPT) is revolutionizing web3 gaming with evolving AI companions, blending blockchain, strategy, and intelligent gameplay in one powerful platform.

Artificial intelligence (AI) agents are a key growth area within the blockchain industry. Projects like Artificial Superintelligence Alliance (FET), 

 (AI16Z) and countless others have been essential components driving the overall crypto market. As of April 2025, the CoinGecko portal lists more than 500 cryptocurrencies within its category of AI Agents. These intelligent assistants are now helping individuals and businesses analyze markets, create textual and visual content, automate work processes and trade profitably.

There's a further area where AI agents on the blockchain are flourishing: the world of 

 gaming. In this sphere, bots and agents based on AI algorithms are helping users develop the best in-game strategies, succeed in the competitive world of play-to-earn (P2E) and overcome key challenges in complex gameplay.

Balance (EPT) is a blockchain gaming project that takes the use of 

 to a completely new level. The creation of the team at the world’s largest social gaming platform, E-Pal, Balance offers players AI agents that can aid them in the in-game environment and serve as their personal companions. Based on a multi-layer architecture, the platform offers some of the most cutting-edge use cases for gaming-oriented AI agents.

 (EPT) is a web3 gaming platform that allows players to easily create, own and use AI companions within the blockchain games it supports.

 Balance supports a variety of first-party (internally developed) and third-party web3 games. You can deploy your AI gaming companions and they’ll act as your assistants, friends or co-players within Balance games.

Using Balance.fun, the platform’s primary web interface, you can create your AI agents and specify various details, such as appearance, personality and functions.

Balance isn’t just another obscure crypto gaming platform. The origins of the project date back to 2020, when the E-Pal social gaming provider was launched by four young California-based technology entrepreneurs — Brian Xiong, Tung Pham, Yuzhe Norris Wang and Yuanzhe Li. E-Pal quickly became a leading force in the newly emerging social gaming field, helping players worldwide find gaming companions. By early 2024, E-Pal had become the world’s largest gaming companion platform, boasting 4.2 million users and 450,000 Epals (gaming companions).

In February 2024, the E-Pal team focused its efforts on 

 and AI technologies, starting the development work on the Balance gaming platform. In September of the same year, Balance went live.

Per the project’s documentation, the platform operates on its own chain, Balance Chain, with 

 (AA) technology used for cross-chain communication. The fungible and 

 (NFTs) held by user accounts are based on the 

A key part of the Balance ecosystem is Key Nodes — purchasable 

 that help with the processing, storage and distribution of data required in the resource-intensive environment of web3 gaming. Some applied instances are the management of real-time leaderboards and the automatic distribution of loot and in-game currency. These nodes can also support the computational requirements of training AI models. As a reward for their work in supporting the platform’s operations, Key Nodes receive a wide range of rewards and benefits, including distributions of EPT tokens, the platform’s native cryptocurrency.

As the ecosystem develops, Key Nodes are envisioned to be involved in governance, 

 launch in September 2024, Balance introduced its Points System, designed to reward early contributors to the platform. During the campaign run in September, users could earn points by completing various specified tasks in various activities, such as joining the project’s social media pages or commenting and reposting.

The 400 users with the best performance in the Points System earned a whitelist spot to receive Pioneer Badge NFTs — distinct tokens that provide owners with early access to games, future campaigns, airdrops and beta testing opportunities. Pioneer Badge NFT holders can also enjoy other benefits, such as premium NFTs and voting rights on the Balance platform.

Balance’s platform provides a set of tools to create and use intelligent companions for Balance-based games. You can design your AI companions by specifying their key traits and behaviors through custom prompts and strategies. The AI agents on Balance can assist you in battles, gaming contests, learning, routine task execution and interactive entertainment.

Balance’s platform is made up of five key layers, each one serving a specific purpose in supporting its user and developer communities. At the top of the architectural stack is the application layer, which acts as the main interface for users to interact with human and AI companions and the wider Balance community.

The application layer also contains the AI Battle Reporting System, which is designed to give users feedback and analysis tools on their performance in the platform’s gaming ecosystem. AI technology is leveraged here to provide personalized analytics and performance improvement recommendations.

A range of NFTs are also part of the layer. These include in-game asset NFTs, as well as 

 (SBTs) that serve as summaries of the holder’s achievements.

The platform layer hosts the various games within the Balance gaming universe. These include both internal games and third-party games that have partnered with Balance. The key concept uniting all of the games is the active integration of AI companions and AI players, making the platform a unique environment in which humans and AI agents play, interact and compete.

The platform layer also features an AI-driven NFT launchpad that offers a rich tool set for creating personalized NFTs for games and applications. These NFTs can be traded on Balance's NFT marketplace, which is also an integral part of the platform layer.

The protocol layer includes a trio of critical protocols — the Fans Protocol, Epal Fan Token (FT) Exchange Protocol and Asset Protocol. The Fans Protocol lets players launch and manage their Fan Tokens, creating opportunities for influencers and community builders to tokenize their efforts and launch high-potential crypto assets. Meanwhile, the Epal FT Exchange Protocol facilitates the management of (and trade in) Fan Tokens.

The third protocol, Asset, is used for the comprehensive management of a wide range of digital assets on Balance, providing easy-to-use tools for asset creation and trading.

The token layer is designed for core operations involving the platform’s native EPT token. This layer supports the use of EPT for in-game purchases, access to services and AI companions, Fan Token minting and trading, in addition to other functionalities.

This is the underlying infrastructural layer that powers the platform’s operational mechanism. It can be described as Balance's operating system, and is made up of several critical components: the node system, the Balance 

, the Balance Chain network and the platform's unique ID system.

The node system provides the computational and storage resources to power games and other functionality on Balance. In addition, the system acts as a key connecting medium between Balance Chain and the AA functionality that lets the platform enjoy cross-chain capabilities.

The Balance stablecoin, also part of the infra layer, is designed to reduce volatility and bring rate stability to the platform's gaming ecosystem. The Balance stablecoin system helps players engage in asset trading without the fear of wild market fluctuations, an important consideration in the 

Designed to support multiple chains, Balance Chain operates based on dynamic protocol adaptation, automatically selecting the optimal blockchain platform according to user preferences and needs. This dynamic adaptability is designed to reduce costs, improve operational speed and enhance overall security for users.

The final major component of the Balance infrastructure layer, the Balance ID system, is a unified and secure user authentication and identity management solution. To be introduced later in 2025, the ID system will let users access all services and games within the Balance ecosystem via a single set of cross-platform decentralized credentials. In addition to human players, also AI companions will have their unique IDs.

EPT is the native cryptocurrency of Balance. Although the platform has been operational since 2024, the EPT token was just launched on Apr 21, 2025, with a total and maximum supply of 10 billion. It was issued on two major blockchains — Ethereum and BNB Chain. EPT has a wide range of functional use cases on the platform, including the following:

The EPT token's supply allocation is per the chart below.

 as a swap pair with USDT, and through the exchange's 

 based on USDT. You can also take advantage of Bybit’s campaign dedicated to the token to grab a share of the 

Under the terms of the event, new users can earn EPT rewards by accumulating a deposit volume of at least 3,000 EPT, or by depositing at least 100 USDT and trading 100 USDT worth of EPT via their first spot trade with Bybit. Meanwhile, existing users can qualify for rewards by trading at least 500 USDT worth of EPT on Spot. The event is valid through May 5, 2025, 9AM UTC.

As of Apr 25, 2025, the EPT token has been on the market for only four days, and is trading at $0.0117, which is 26.4% lower than its ATH of $0.01708 on Apr 21, 2025, and 11.4% higher than its ATL of $0.01129 on Apr 22, 2025.

Long-term price forecasts for EPT are mostly bullish. DigitalCoinPrice 

 of $0.0412 in 2027 and $0.0615 in 2030, whilePricePrediction 

These and other emerging long-term forecasts for the token don't constitute investment advice. Given EPT's extremely short history on the market so far, 

 on the token's future prospects, carefully assess market fluctuations within the crypto gaming niche and consider all other relevant factors before investing in it or any other cryptocurrency.

Capturing emerging market trends and sensing the broader market conditions, the team at E-Pal recognized the tremendous potential of gaming companions back in 2020. Four years later, E-Pal realized that the new market dynamics in gaming called for something even more innovative — the use of AI companions, in addition to fellow humans. The resulting product, the Balance platform, is now racing to stake the claim to the best web3 gaming environment supported by AI agents.

The platform's unique features — cross-chain functionality supported by an AA mechanism, a dynamic exchange system that selects the best network for users' transactions and, most importantly, intelligent AI companions — can certainly help establish Balance as a leader in this niche of web3 gaming.

AI agents are taking the gaming industry by storm, with blockchain technology acting as a powerful enabler of these intelligent friends of ours. The Balance gaming universe — supported by the proven track record of E-Pal — has a great chance of becoming the go-to environment in which to befriend your next artificial gaming partner.

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Balance (EPT): Revolutionizing web3 gaming with evolving AI companions

Mantle has launched the Mantle Index Four (MI4), an institutional-grade fund providing diversified exposure to yield-bearing digital assets. 

The S&P 500 rose 2.03% on strong Alphabet earnings and optimism over a possible Fed rate cut. Gold jumped 1.5% to $3,338 as trade tensions rose and a weaker dollar, along with falling yields, boosted demand. Fed rate cut signals also supported the rally. The Coindesk Indices, which tracks the broader crypto market, rose 0.74%, with Bitcoin up 0.06% and Ether down 1.89%, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is INIT, up 15.4%, following the launch of Initia, which aims to revive the appchain concept with an interconnected network and an INIT token airdrop.

Initia (INIT), founded in 2022, is a modular blockchain platform that combines a Layer 1 network with customizable Layer 2 rollups, enabling scalable decentralized app development. It offers flexibility in virtual machines, gas tokens, and transaction systems, while ensuring interoperability and addressing issues like liquidity fragmentation and network congestion. Initia has 

 to revive the appchain concept by offering a network that integrates appchains in a cohesive, interconnected way. The platform emphasizes full-stack control for apps, avoiding fragmentation. Initia is also launching an airdrop with claims available until May 24, 2025. The native token, INIT, has a fixed supply of 1 billion, distributed across eight categories.

Check out the latest prices, charts, and data of 

, an institutional-grade fund providing diversified exposure to yield-bearing digital assets. In partnership with Securitize, which has tokenized over $3B in assets, the fund aims to fill a market gap by offering native yield generation in a traditional fund format. Mantle Treasury has committed up to $400M as the anchor investment. The fund will rebalance quarterly and incorporate DeFi-native staking strategies, such as mETH and bbSOL, while ensuring investor protections. MI4 targets both crypto-native and traditional investors, with Phase 1 rollout scheduled for Q2 2025.

Yesterday, BTC spot ETFs saw a total inflow of $114.7 million, all from non-GBTC funds, while GBTC recorded no flow.

Dolomite, the 10th largest DeFi lending app, is launching a 200M token 

 (20% of total supply) during its TGE on April 24, rewarding users based on platform usage. The DOLO token powers a three-token system alongside oDOLO and veDOLO, enabling incentives, governance, and potential revenue sharing. With over $800M in TVL, Dolomite expands to Berachain, integrating with its Proof of Liquidity system to offer advanced lending features and asset utility.

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Mantle launches MI4 fund for institutional-grade digital asset exposure and yield generation

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Explainers

MultiversX is an exceptional multiversx blockchain network designed to overcome the limitations of traditional blockchain platforms and fuel the metaverse frontier.

Welcome to the world of MultiversX, a groundbreaking platform poised to revolutionize the digital landscape and explore the metaverse frontier! In this guide, you’ll uncover the secrets behind MultiversX’s high scalability, EGLD token, and its vibrant ecosystem. But first, let’s answer the question: what is MultiversX? Get ready to embark on an exhilarating journey into the future of blockchain.

MultiversX is an exceptional multiversx blockchain network designed to overcome the limitations of traditional blockchain platforms and fuel the metaverse frontier. Boasting a staggering 1000 times greater throughput than most existing blockchains, MultiversX can handle even the most aggressive wave of user adoption. With a current multiversx price of US$34.22 and a market cap of $891,025,025, there’s no denying that MultiversX has captured the attention of the blockchain world. If you’re considering to buy multiversx, now might be the right time to invest in this promising technology.

The visionary minds behind MultiversX, founded in 2017, aimed to solve blockchain scalability issues and create a new internet economy. This goal was realized through the creation of the EGLD token, which powers the core network functionalities of MultiversX. The maximum supply of EGLD tokens is an impressive 31,415,926, with a circulating supply yet to be determined. The token has an all-time high of $34.51 and a 7-day increase of 16.30%.

The inception of MultiversX was driven by a desire to overcome the enduring challenge of blockchain scalability that has troubled the industry since its beginning. Founders Lucian Todea, Beniamin, and Lucian Mincu, fueled by their passion for innovation, raised around $2 million during a private investment event in June 2019, paving the way for the development of groundbreaking technologies like Adaptive State Sharding and Secure 

MultiversX seeks to transform the internet economy and facilitate seamless interaction and growth for users, businesses, and other digital entities through the establishment of a high-throughput blockchain that can power the metaverse frontier with extremely fast 

. In this context, an initial exchange offering could be a potential method to raise funds for the project.

The potential of MultiversX is evidenced by its rapidly growing market cap and the bullish sentiment of over 91% of users who feel great about MultiversX (EGLD) today.

EGLD token, the lifeline of the MultiversX network, functions as a medium for transactions, provides validator rewards, and fuels 

 (DApps). With a current price of $34.16, the EGLD token has reached an incredible all-time high of 542.58 USD in November 2021.

, a novel concept by MultiversX, enables the platform to subdivide the blockchain into smaller shards, facilitating thousands of transactions per second with minimal fees. This makes EGLD tokens crucial for enabling high-speed transactions on the network. Validators and delegators who stake EGLD tokens can participate in the network’s consensus mechanism and earn rewards for their contributions.

The key to MultiversX’s success lies in its essential features: the Adaptive State Sharding technology and the Secure Proof of Stake consensus mechanism. These cutting-edge technologies enable lightning-fast transaction speeds and super low fees, setting MultiversX apart from other blockchain networks.

In the blockchain world, Adaptive State Sharding technology is a revolutionary innovation that promises unmatched scalability and efficiency. By dividing the network into shards through network sharding, each responsible for processing a subset of the network’s data, MultiversX can process thousands of transactions per second while keeping fees low.

Combining different types of sharding to improve communication and performance, Adaptive State Sharding allows for parallel processing at all levels, effectively resolving the scalability problem that has long plagued blockchain networks. This disruptive technology establishes MultiversX as a frontrunner in the blockchain sector and a major catalyst in advancing the metaverse frontier.

Secure Proof of Stake Consensus Mechanism

The Secure Proof of Stake (SPoS) consensus mechanism is another critical component of the MultiversX platform. SPoS ensures the network’s safety and reliability by rewarding participants for staking their tokens and engaging in the consensus process.

Validator nodes in the Elrond network take part in the consensus mechanism to process transactions and manage transaction fees as a part of the Elrond project. Those who do so get rewarded for successful participation. This distinctive consensus approach not only upholds the network’s security, but it also encourages user engagement and promotes a prosperous ecosystem.

With its secure and efficient SPoS consensus mechanism, MultiversX continues to push the boundaries of blockchain innovation.

The MultiversX ecosystem is a vibrant, interconnected space where decentralized applications, partnerships, and integrations thrive. This rich environment supports a diverse range of projects, including:

All of these projects work together to create a flourishing digital economy.

MultiversX’s platform serves as a fertile ground for multiversx developers to create and deploy decentralized applications (DApps). By harnessing the power of MultiversX’s high-throughput blockchain network, developers can build innovative solutions that reshape industries and transform the way people interact online.

The MultiversX ecosystem supports a vast array of DApps, including:

These applications not only enrich the ecosystem but also showcase the versatility and potential of MultiversX’s platform, attracting new users, businesses, and developers to the network.

MultiversX’s success is further bolstered by its strategic partnerships and integrations with other projects and platforms. These collaborations not only strengthen the ecosystem but also broaden MultiversX’s reach, opening up new opportunities for growth and development.

These companies showcase the strength of the MultiversX ecosystem and its commitment to innovation. By integrating with these projects, MultiversX continues to expand its presence in the blockchain space and beyond.

Starting your journey with MultiversX is straightforward - 

, store them safely in a wallet, and stake them to partake in the network and receive rewards.

Let’s explore these steps in more detail.

Purchasing EGLD tokens is a breeze on exchanges like Bybit. Bybit makes it easy to 

 with fiat currency or other cryptocurrencies, providing a straightforward and secure way to join the MultiversX ecosystem.

After procuring your EGLD tokens, you can immerse yourself in the world of MultiversX, interact with its lively ecosystem, and take advantage of the platform’s innovative features and technologies.

It’s vital to secure your EGLD tokens, and you have a variety of wallet options to accommodate your preferences and security requirements. Hardware wallets like 

 and Ledger Nano X offer the highest level of security, with offline storage and backup. However, they come at a higher cost compared to software or online wallets.

For a more cost-effective option, software wallets like XPortal Wallet, Trust Wallet, and MultiversX DeFi Wallet provide secure storage for your EGLD tokens. Be sure to research each wallet option and choose the one that best suits your needs and security requirements.

By staking your EGLD tokens, you can join the network as a validator or delegator, contribute to its security, and earn rewards. Validators and delegators who stake EGLD tokens help secure the network and validate transactions, ensuring the platform remains safe and reliable.

To stake your EGLD tokens, simply follow these steps:

Your staked EGLD tokens will support the network’s operations while earning you rewards in return. Get ready to dive into the world of MultiversX and reap the benefits of staking!

MultiversX’s forward-thinking roadmap encompasses a plethora of forthcoming features and enhancements, all designed to refine the platform and broaden its metaverse presence. With a focus on innovation and growth, MultiversX is poised to make a lasting impact on the digital landscape.

In the near future, MultiversX plans to introduce improvements to the Maiar app, on-chain governance, and merchant 

, among other exciting features. The transformation of the Maiar app into xPortal will bring a plethora of new features and a vastly improved user experience.

These developments will foster tech innovation and enhance the overall experience for users and developers alike.

With the growing momentum of the metaverse, MultiversX aspires to be a significant player in this thrilling new frontier. MultiversX plans to reshape various aspects of society and technology by offering:

MultiversX’s expansion into the metaverse will be powered by partnerships with companies like Google Cloud, further solidifying its presence in the 

 space. The xPortal app will also provide connections to Web3 apps and virtual worlds, seamlessly integrating MultiversX’s technology within the metaverse and fostering new opportunities for growth and collaboration.

With its groundbreaking technology, vibrant ecosystem, and ambitious roadmap, MultiversX is poised to revolutionize the blockchain space and propel the metaverse frontier forward. The platform’s innovative features, such as Adaptive State Sharding and Secure Proof of Stake consensus mechanism, enable lightning-fast transaction speeds and low fees, making it an attractive option for users, businesses, and developers alike. As you embark on your journey with MultiversX, prepare to explore new horizons and unlock the full potential of this extraordinary platform.

Experience a whole new level of transactions and governance with eGLD - Elrond's very own cryptocurrency! Use eGLD for staking, voting, transactions, smart contracts and as payment for the Elrond Network ecosystem. Get ready to unlock exciting possibilities with eGLD.

Lucian Todea, Beniamin Mincu, and Lucian Mincu are the proud owners of MultiversX, having founded the company in 2017. They have successfully raised $1.9 million from angel investors in June 2019.

EGLD stands for eGold, a metaphor for Elrond's mission to create an efficient, secure and low-cost decentralized network!

Elrond has recently transitioned to MultiversX, a highly scalable and cheaper smart contract platform meant to compete against major blockchains like Ethereum and Zilliqa. With an ever-growing NFT ecosystem and XP. NETWORK bridge integration, this new endeavor promises plenty of exciting developments for EGLD holders and NFT lovers alike.

What is the main goal of the MultiversX project?

The MultiversX project is ambitious, aiming to revolutionize the internet economy with its innovative technology and strong vision - all while solving the blockchain scalability problem.

What Is MultiversX: Your Ultimate Guide to Understanding EGLD Blockchain

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