Company Profile



Saint Julian's, Malta

Founded Year




Operating Status


Social Media


Beniamin Mincu
Co-Founder, CEO

Lucian Mincu
Co-Founder, CIO

Lucian Todea
Co-Founder, COO


MultiversX (formerly Elrond), is an L1 blockchain that facilitates an entire ecosystem of dApps, games, and NFTs. It holds a position among the top 30 largest chains on DeFiLlama, with approximately $100 million in DeFi TVL.

One of the key attractions of MultiversX for NFT projects is the native ESDT token standard, which eliminates the need to create and deploy separate smart contracts for each collection. This streamlined approach simplifies the creation of NFTs.

MultiversX was one of the first blockchains integrated with the XP.NETWORK NFT bridge. Its scalability, security, and low fees make Elrond an ideal choice for metaverse projects, offering developers a seamless user experience through ESDT tokens.

Moreover, MultiversX aligns with Web3's sustainability goals, being a 100% carbon-neutral blockchain. Additionally, through a partnership with Visa and MasterCard, MultiversX enables the acceptance of fiat payments using the xMoney Fiat tool.

The project's vision is to establish a "bridge between worlds," which likely refers to its role at the intersection of various virtual worlds or metaverses. Notably, the name "MultiversX" intentionally excludes the letter 'e' and reflects the network's positioning.

The network now features a revamped website, and users may have noticed changes to the Elrond wallet extension, now called xWallet, with updated iconography and design. The largest DEX on MultiversX, Maiar, has also undergone rebranding and is now known as xExchange.

The native cryptocurrency of the blockchain remains eGold ($EGLD). In addition to the rebranding, the team introduced several new products. This includes a customizable module designed for building blockchain experiences, catering to both brands and individuals. The module offers numerous use cases and can be deployed quickly.

Another product is xPortal, referred to as a "portal to the metaverse," which combines social features, chats, DeFi capabilities, and avatars. xPortal is an evolution of the earlier Maiar app. Furthermore, the team is developing xWorlds, an engine for constructing new metaverses and an interconnected network of virtual worlds, with an anticipated initial release of March 2023.

The roadmap includes further rebranding, with Maiar's launchpad transforming into xLaunchpad, and the Ad-Astra bridging portal becoming MultiversX Bridges. With its emphasis on decentralization, enhanced security, scalability, and interoperability, MultiversX is spearheading a movement towards a more transparent, efficient, and collaborative future.

Through their dedication to innovation and community engagement, MultiversX is poised to shape industries across the globe and leave an indelible mark on the blockchain landscape.


xPortal SuperApp - Finance, Web3 and the Metaverse

xPortal is the portal to the Metaverse. The home of your avatar. Everything finance. A debit card. Friends, chat and social. Accessible to anyone, anywhere in the world.

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