jiahjee

With the launch of the ACP-77 proposal, Avalanche Network ($AVAX ) has made significant strides in the blockchain space. Known as PAYG (Pay-As-You-Go) Subnet Validation, the proposal aims to change how developers and projects participate in the #Avalanche ecosystem by providing a simple and cost-effective solution for deploying and maintaining dedicated blockchains, or subnets .
What is ACP-77?
ACP-77 introduces a new validation, the "Subnet Validator," designed to lower the barrier to entry for projects seeking to deploy dedicated blockchains on the Avalanche platform. With this proposal, subnet validation hardware requirements and upfront expenses are greatly reduced, facilitating smaller projects' and developers' participation in the Avalanche ecosystem.
Under the PAYG model, subnet validators do not require a large upfront payment to register with P-Chain, Avalanche's primary chain responsible for staking and validation. As an alternative, they can pay a constant price that is dynamically altered in response to network usage.  This approach not only reduces initial costs but also aligns operating costs with actual usage, providing a scalable and sustainable model for projects of all sizes
Key Benefits of ACP-77
Reduced Barriers to Entry: By eliminating the need for substantial down payments, ACP-77 opens the door for more developers and smaller projects to build on the Avalanche network. This democratization of access can lead to increased innovation and diversity within the ecosystem.Lower Operating Costs: The PAYG system helps projects manage costs more effectively, as they only pay for the resources they consume. This is especially beneficial for early-stage projects, where cash flow constraints can be a major hurdle Enhanced Customizability and Flexibility: With the ability to customize their validation process, projects can tailor their blockchain environments to meet specific needs, enhancing user experience and optimizing efficiency.Increased Security and Reliability: The introduction of Subnet Validators ensures that even smaller subnets can benefit from the robust security and reliability standards of the Avalanche network. This is achieved without the need for extensive hardware investments, making it an attractive option for many developers.Sustainability and Ecosystem Growth: By making it easier and more cost-effective to launch and maintain subnets, ACP-77 fosters the growth of a more sustainable and scalable ecosystem. This can lead to a more vibrant and diverse community, contributing to the overall health and resilience of the Avalanche network.
AvalancheHub's Role and Impact
In the Avalanche ecosystem, #AvalancheHub , the first Social Mining hub of @DAO Labs , is essential in integrating community engagement with blockchain development. AvalancheHub, the hub with the biggest and busiest community, is a prime example of how #SocialMining can help people in the cryptocurrency space earn a steady income while building strong, ethical communities who are passionate about projects.
Community-Driven Governance: AvalancheHub actively includes its community in the governance mechanism, discussing development proposals like ACP-77 with its members. This approach ensures that the community's voice is heard and considered in the decision-making process, fostering a more inclusive and transparent environment.Support for Ecosystem Growth: AvalancheHub embraces and supports any breakthroughs that help grow the ecosystem. The ACP-77 proposal is a prime example, as its critical vision for sustainability is poised to make the Avalanche network one of the largest ecosystems in the blockchain space.
Real-World Application: The DEXALOT Subnet Scenario
To understand the practical implications of ACP-77, consider the case of DEXALOT, a decentralized exchange built on an Avalanche subnet. Under the PAYG model, DEXALOT is able to significantly reduce its on-chain and off-chain costs, making it more competitive with other blockchain solutions like #Ethereum ($ETH ) and its rollups, as well as #Cosmos appchains. This cost-effectiveness, combined with Avalanche's native interoperability and high performance, positions it as a leading platform for decentralized applications.
Conclusion
The ACP-77 proposal marks a major breakthrough for the Avalanche network ($AVAX ), offering a more inclusive, cost-effective, and scalable solution for blockchain development. By lowering the barriers to entry and aligning costs with usage, Avalanche is poised to attract a broader range of developers and projects, further cementing its place as a leading blockchain platform.
The AvalancheHub's participation in governance and its commitment to supporting ecosystem development through initiatives like ACP-77 highlights the strength and vibrancy of the community. This combination of innovative technology and active community engagement positions Avalanche as a key player in the blockchain space.
For those interested in exploring the potential of ACP-77 and the Avalanche network, now is the perfect time to get involved. Whether you're a developer, investor, or simply curious about the future of blockchain, Avalanche's innovative solutions offer exciting opportunities for growth and innovation.

For specific details:
https://app.blockworksresearch.com/research/avalanche-an-economic-analysis-of-acp-77/

by jiahjee, April 16, 2025

Two of the most powerful forces in technology today—Artificial Intelligence (AI) and #BLOCKCHAIN —are on a collision course. #AI is changing how machines think, learn, and make decisions. Blockchain, on the other hand, is changing how humans build trust, verify data, and distribute power.
Naturally, the question arises: What happens when these two giants merge? Is this convergence the foundation of our future, or just another shiny buzzword?
Let’s dive into the possibilities, the promises and the pitfalls.
The Case for a Powerful Partnership
At first glance, AI and blockchain seem to live in separate universes.
AI thrives on massive amounts of data to make predictions, automate systems, and replicate human reasoning. Blockchain, in contrast, is designed to minimize trust requirements, preserve data integrity, and decentralize control.
But together? The synergy is undeniable.
Imagine an AI model that learns from data it knows is genuine—because that data’s origin is verified on-chain. Or think of a decentralized AI marketplace where developers can train, share, and monetize their models—without ever relying on Big Tech.
This isn’t science fiction. It’s already happening.
Projects like #Solidus @AITECH , @Ocean Protocol , and #SingularityNET are building the early blueprints of this hybrid future—where blockchain secures, tracks, and automates the AI lifecycle.
Real-World Applications in Motion
1. Decentralized AI Marketplaces
No more gatekeepers. Blockchain lets AI services be offered directly to users, governed by token economics instead of Silicon Valley.
2. Verifiable Data for Training
Bad data = bad AI. With blockchain, every piece of training data can have a verifiable origin, reducing bias and manipulation.
3. Agent-to-Agent Crypto Payments
As autonomous agents (like AI-powered bots or smart devices) begin to transact with one another, crypto becomes the bridge for fast, trustless payment flows.
4. Privacy-Preserving AI
Using zero-knowledge proofs and federated learning, we can train models on sensitive data without exposing it—maintaining both utility and privacy.
But There’s a Catch: It’s Not Easy
Despite the potential, merging these two systems isn’t without serious challenges:
Scalability: AI demands high compute power. Most blockchains aren’t ready to handle that load yet.
Data Storage: Blockchains aren’t designed to store massive datasets. Hybrid solutions are still maturing.
Interoperability: Many AI and blockchain frameworks are not compatible with each other. Standards are missing.
Ethical Oversight: Immutable AI decisions could lock in bias or mistakes. Regulation must evolve just as fast.
Is It the Future? Or Just Hype?
Let’s be real—not every project shouting “AI + blockchain” is building the future. Some are just jumping on the trend for funding or hype.
But when done right, this convergence is not only promising—it’s paradigm-shifting.
The key is execution:
Are these technologies solving real problems?
Is the infrastructure robust and scalable?
Are communities actively using what’s being built?
If the answer is yes, then what we’re witnessing isn’t hype—it’s the beginning of a revolution.

🔍 AI is evolving how we think.

🔗 Blockchain is transforming how we trust.

Together, they could change everything—if we build it right.

by: jiahjee, April 13, 2025

#Solidus #AITECH just unveiled its Q2 #RoadMap2025 —and it’s packed with game-changing updates that reinforce its position as a leader in #Aİ + #Web3 infrastructure. With an ambitious rollout of marketplace upgrades, DePIN deployments, top-tier partnerships, and utility-driven tokenomics, Solidus isn’t just participating in the AI race—it’s building the track.
Top Q2 Milestones
🔹 AI Marketplace Upgrade

Solidus will enhance the user experience of its flagship product, streamlining the deployment of AI services for businesses and developers alike. With smoother UX/UI and optimized onboarding, this upgrade is the foundation of their ecosystem.
🔹 Enterprise Staking & DePIN Scaling

With decentralized physical infrastructure (DePIN) scaling and staking features for enterprises, Solidus is building a truly trustless, on-demand AI compute network. Think of it as AWS—powered by the blockchain and community.
🔹 Strategic Partnerships

Strategic collaborations with major tech and blockchain partners will boost adoption, open new markets, and bring real-world AI applications into enterprise environments.
🔹 Token Utility Expansion

$AITECH will now serve as the fuel for transactions, subscriptions, burns, and more within the Solidus ecosystem—creating continuous demand and long-term value for holders.
What's the Most Exciting Part?
The DePIN + AI Marketplace Upgrade combo is by far the most exciting. It’s the clearest sign that Solidus is serious about scalable, decentralized, AI-driven infrastructure that businesses can actually use.
This quarter isn’t just about launches—it’s about setting the standard for utility-focused, AI-powered Web3 platforms.
Conclusion
Solidus AI Tech is going full throttle this quarter. Whether you're a builder, trader, or investor, this roadmap has something for everyone. The question now is: Are you ready to build smarter, faster, and stronger—with Solidus?
📎 Explore the full roadmap: https://aitech.io
📢 Follow @AITECHio for live updates

The blockchain gaming industry is rapidly evolving, and Wink is leading the charge in creating transparent, fair, and scalable gaming experiences. Now, by joining the #Avalanche ($AVAX ) ecosystem, Wink is tapping into one of the fastest and most efficient blockchain networks available today.
This partnership is more than just a technical upgrade—it’s a strategic move that positions Wink as a major player in blockchain gaming while leveraging #Avalanche ’s cutting-edge technology. Here’s why Avalanche is the perfect host for Wink and what this means for the future of decentralized gaming.
Why Avalanche is the Best Fit for Wink
Avalanche has gained a strong reputation for its high-speed transactions, low fees, and unmatched scalability. These features make it an ideal home for #gaming and #DEFİ projects looking to scale efficiently.
Here’s what makes Avalanche stand out:
🚀 Lightning-Fast Transactions – With a transaction speed of over 4,500 TPS, Avalanche ensures that players on Wink can enjoy seamless gaming with zero lag or delays.
💰 Ultra-Low Fees – Unlike Ethereum’s high gas fees, Avalanche offers cost-efficient transactions, making it easier for players to place bets, receive rewards, and interact with Wink’s gaming ecosystem without breaking the bank.
🔗 Subnet Technology – Avalanche’s unique Subnet architecture allows Wink to operate on a dedicated blockchain, ensuring high performance and security without competing for resources with other projects.
🛡 Security & Transparency – Built with a robust Proof-of-Stake (PoS) consensus, Avalanche provides strong security and decentralization, which aligns perfectly with Wink’s commitment to fair and tamper-proof gaming.
How Wink Benefits from Avalanche
Wink is not just another gaming platform—it’s a pioneer in provably fair gaming and blockchain transparency. By integrating with Avalanche, Wink gains several key advantages:
🎮 Scalability for a Growing Gaming Ecosystem – As blockchain gaming adoption increases, Wink needs a fast and scalable network to support thousands of concurrent users. Avalanche’s infrastructure ensures smooth and uninterrupted gameplay.
💎 WinkWall Transparency – One of Wink’s core features is WinkWall, a real-time tracking system for token allocations, transactions, and ecosystem contributions. Avalanche’s transparent and immutable blockchain enhances WinkWall’s efficiency and credibility.
🌍 DeFi & NFT Integration – With Avalanche’s thriving DeFi and NFT markets, Wink can explore new gaming utilities, NFT-based assets, and staking mechanisms, expanding its revenue streams and user engagement.
Why this Move is Perfect for the Current Crypto Market
The crypto industry is shifting towards high-performance, low-fee ecosystems, and Avalanche is leading the way. With more gaming and DeFi projects moving to Avalanche, Wink is positioning itself at the center of this transformation.
As crypto adoption surges in 2025, platforms that offer speed, security, and transparency will dominate the space. Wink’s move to Avalanche is not just about technical improvements—it’s about setting the foundation for mass adoption in Web3 gaming.
Final Thoughts: A Game-Changing Move
With its cutting-edge blockchain infrastructure, growing ecosystem, and innovative gaming model, Wink is set to redefine blockchain gaming on Avalanche. This move ensures faster transactions, fair gameplay, and expanded DeFi opportunities, making Wink one of the most exciting projects in the Avalanche ecosystem.
As the world of crypto gaming and DeFi evolves, Avalanche and Wink are leading the charge into the future. If you’re looking for the next big thing in blockchain gaming, this is one partnership you don’t want to miss! 🚀
🔹 Follow Wink on Twitter: @Wink_Realm
Visit: winkwall.xyz

The crypto space is rapidly evolving, and Wink is emerging as a key player set to redefine blockchain gaming and transparency in 2025. With its commitment to fairness, real-time tracking via WinkWall, and integration into the growing DeFi ecosystem, Wink is positioned for major adoption and investment opportunities. Here’s why Wink stands out and why 2025 could be its breakout year.
What is Wink & WinkWall?
Wink is a blockchain-powered gaming and entertainment platform that brings provably fair gaming experiences to users worldwide. Unlike traditional online casinos or gaming platforms, Wink ensures decentralized and transparent gaming mechanics using blockchain technology. This eliminates manipulation risks and provides verifiable proof of fairness to players.
At the core of Wink’s transparency model is WinkWall—a real-time tracking system that allows users to monitor token allocations, transactions, and ecosystem contributions. This innovation promotes accountability and builds trust in an industry where financial transparency is often lacking.
Why Transparency Matters in Crypto & How Wink Leads the Way
Transparency is crucial in the crypto space to prevent fraud, rug pulls, and investor losses. Many projects fail due to a lack of clear financial tracking and accountability, leaving investors at risk. Wink ensures transparency through:
✅ WinkWall Tracking: Users can verify token allocations and contributions, ensuring that funds are used as intended.
✅ Blockchain-Based Gaming: Every transaction, bet, and reward is recorded immutably on-chain, eliminating the possibility of manipulation.
✅ Community-Driven Ecosystem: Open governance models where users participate in decision-making increase trust and decentralization.
By implementing on-chain transparency, Wink is setting a new standard for accountability in blockchain gaming.
Wink’s Growth Potential in 2025: A Smart Investment?
2025 is shaping up to be a breakout year for Wink, driven by several key factors:
📈 Explosive Blockchain Gaming Growth: The blockchain gaming market is projected to surpass $65 billion by 2027, with 2025 being a crucial year for adoption. Wink is well-positioned to capitalize on this trend.
💰 Historical Price Trends & Token Performance: Wink’s Initial Exchange Offering (IEO) on Binance Launchpad in 2019 raised $6 million, and its early trading saw an 800% increase in price. With market trends favoring utility-driven projects, Wink has strong potential for another surge.
🌍 Integration with DeFi & NFT Markets: DeFi and NFTs are reshaping gaming, and Wink’s future roadmap includes deeper integration with decentralized finance mechanisms and NFT-based gaming utilities.
🔗 Multi-Chain Expansion: Wink started on Binance Smart Chain (BSC) and is exploring additional chains, increasing its accessibility and user base.
Given these factors, Wink presents a strong investment case for 2025, especially for those seeking projects with a transparent framework, sustainable utility, and long-term growth vision.
Where to Buy WINK Tokens?
To get started with Wink, users can purchase $WINK tokens on the following decentralized exchanges (DEXs):
🟢 LFJ Exchange - https://t.co/e94O8P3cpJ
🟢 Dexalot - https://t.co/1EmiKdMI2t
🟢 Pharaoh Exchange - https://t.co/giihybbrOW
For more updates, follow Wink’s official Twitter: @Wink_Realm
Conclusion
Wink is not just another gaming project—it’s a movement towards greater transparency, fairness, and blockchain-powered accountability. As the crypto industry matures in 2025, platforms that prioritize security, innovation, and community-driven governance will stand out. With WinkWall’s real-time tracking, blockchain-powered games, and multi-chain expansion, Wink is leading the way for a new era in crypto gaming.
Will Wink be the game-changer of 2025? The signs point to YES—and now is the time to watch this project closely. 🚀

More details:
Visit: www.winkwall.xyz
Follow Wink on X: @Wink_Realm

The December 2024 full-month report provides a comprehensive overview of key developments, milestones, and performance metrics achieved by #AutonomysNetwork . This document serves as a reference for evaluating progress and setting future objectives for growth and innovation.
Key Highlights:
Performance Metrics: Autonomys Network recorded impressive growth, reaching 860,062 transactions, 108,923 active users, and 1,859 ecosystem participants by the end of December 2024. Operational Insights: The network's total storage capacity expanded to 507.43 PB, showcasing enhanced scalability and efficiency.Strategic Initiatives: Key technological advancements were made in decentralization, security enhancements, and AI-centric workload privacy.Community Engagement: Collaborations and interactions within the ecosystem saw significant improvements, fostering stronger engagement and adoption.Challenges and Solutions: The team addressed network scalability and data security concerns, implementing optimizations for better performance.
Financial Overview:
Autonomys Network experienced steady financial growth, with increased investment allocations and sustainability measures ensuring long-term viability. Key revenue streams and expenses are outlined to reflect economic stability.
Project Achievements:
December marked notable successes across various aspects of Autonomys Network, including:
Ecosystem Expansion: Increased participation and integration with blockchain solutions.Security Enhancements: Advanced cryptographic solutions were implemented to improve network security and privacy.AI-Centric Infrastructure: Strengthening infrastructure to support secure AI workloads, positioning Autonomys as a leading network for AI-driven applications.
Future Outlook:
Moving forward, the roadmap focuses on:
Expanding network capacity and transaction efficiency.Advancing #AI privacy and security integrations.Strengthening partnerships and ecosystem collaborations.
Conclusion:
The December 2024 full-month report encapsulates a period of remarkable progress and innovation for Autonomys Network. With strong technical advancements and a growing ecosystem, the network is well-positioned to achieve greater milestones in the upcoming year.

Introduction
Artificial Intelligence (AI) continues to revolutionize industries, making advanced technologies on hand to a broader target market. This article delves into #MeromAI an AI initiative deployed on the #WAXBlockchain , and explores its importance through the lens of #SocialMining . By examining its community-orientated perspective and integration with the WAX ecosystem, we are able to spotlight its contributions and alignment with Social Mining standards.
Understanding MeromAI
MeromAI is designed to make AI era more handy and useful to the network. Traditionally, AI advancements had been confined to agencies with vast monetary resources, just like how $BTC , $ETH , and $BNB have dominated the cryptocurrency area. MeromAI breaks this mold by means of fostering a network-centric approach, where contributions from people and small traders play a pivotal role. This democratization of AI is crucial for ensuring that technological blessings are extensive and not restricted to a pick few, similar to the decentralization ethos of the wider crypto network.
Human-Powered AI
During Epoch I, which began in June 2023, the MeromAI group designed and built a vertically integrated, decentralized, human-powered open-source AI platform. The group pioneered Human-Powered AI via crowdsourcing the curation of open-source AI datasets throughout a extensive range of subjects. With hundreds of participants, this marked the primary important step in MeromAI’s challenge to shift AI networks from huge companies to the worldwide community.
The Role of the WAX Blockchain
The Worldwide Asset eXchange (WAX) Blockchain is famend for its efficiency and functionality in handling digital assets and #NFT​ s. It offers a decentralized marketplace, permitting seamless change and alternate of virtual items. By deploying MeromAI on the WAX Blockchain, the initiative leverages these strong skills, ensuring that its AI technology is each advanced and broadly handy.
Social Mining: Empowering the Community
Social Mining is a mechanism that encourages community participation in the early stages of a project, making sure its sustainability and achievement. It protects the pursuits of small investors and promotes the collective well-being of the community. Through Social Mining, project like MeromAI can tap into the capability of a decentralized workforce, taking into account broader participation and investment. This approach aligns flawlessly with the community-oriented desires of MeromAI.
Contributions of MeromAI to the WAX Ecosystem
Deploying MeromAI on the WAX Blockchain brings several first rate advantages to the WAX environment:
Enhanced Utility: Integrating advanced AI generation will increase the application of the WAX Blockchain, attracting greater customers and builders.Increased Adoption: The community-driven nature of MeromAI aligns with WAX's undertaking of democratizing get right of entry to to virtual belongings, encouraging wider adoption of the platform.Broader Participation: By making AI era on hand to smaller traders, MeromAI fosters more participation within the WAX atmosphere, enhancing its vibrancy and sustainability.
Connecting MeromAI and DAOLabs' Social Mining
MeromAI's community-orientated approach resonates strongly with @DAO Labs ' Social Mining philosophy. Both intention to involve the community in the growth and development of the project, making sure equitable distribution of benefits. Leveraging Social Mining, MeromAI can achieve sustainable growth with active community contributions. This synergy underscores the huge position of Social Mining inside the sustainability and success of projects.
Conclusion
MeromAI represents a widespread advancement in making AI generation available to the broader community. Its deployment on the WAX Blockchain enhances the blockchain's capabilities and aligns perfectly with the standards of Social Mining. By promoting these initiative effectively, we are able to make certain that technological advancements advantage a broader target market, fostering a more inclusive and equitable digital future.

Learn more on MeromAI:
MeromAI: Human-Powered AI on WAX https://medium.com/wax-io/meromai-human-powered-ai-on-wax-099e3ec346e3

The reason $BTC , $ETH and $BNB are currently one of the safest tertiary market currencies, is because they all have build their reputation from the crypto industry which means they can born any type of market situation. Their resilience to market volatility is a sign of the potential longevity for Web3 tech and cryptocurrencies. Senator CYNTHIA LUMMIS AGAIN INDICATES SHE WOULD LIKE U.S. TO TREAT BITCOIN AS A STRATEGIC RESERVE ASSET.CLAIMS IT WOULD “ADD STABILITY AND LEGITIMACY TO THE WORLD ECONOMY.” This would bring about a lot of legitimacy to Bitcoin hence making it a larger stakeholder in global financial evolution.And put out that politician are more or more open to bitcoin especially blockchain inclusion into existing credible financial structures.
Web3 Powered by Cryptocurrency: The Best Bets for the Future
Although Social Mining still remains as a reliable way of making money in crypto space, there are more interesting options available in the broader market. Differently from conventional markets where fluctuations can hugely destroy profit levels, the decentralized structure of Web3 technologies leads to new sources of stable income.
The Potential for Bitcoin To Provide Financial Stability
A US Senator’s endorsement for #Bitcoin demonstrates its potential as a hedge against inflation and unstable economies. In pursuit of strengthening national financial systems, Bitcoin is probably crucial in achieving economic stability. This not only lends credibility to bitcoin but also sets a precedent for other cryptocurrencies acceptance.
Roles Played by the Community and Social Mining
One method of benefiting from cryptocurrencies without being subjected to market volatility is through #SocialMining . Instances abound where mines have been able to amass more cryptocurrency during times of a bearish market thereby reflecting the strength of this revenue model. For instance, @DAO Labs is among the platforms that demonstrate how decentralized communities can drive innovation and build sustainable income streams.
View on Cryptocurrency’s Future
From what I have observed, the crypto market is not only a speculative place but also a very lucrative and growing industry. Such potential is exemplified by renowned personalities like Senator Lummis who recently endorsed #bitcoin☀️ as a reserve asset. Moreover, the resilience of Social Mining and advances in Web3 technologies present exciting prospects for those with an interest in the cryptocurrency market.
Conclusion:
Adopting a Decentralized Future Due to its bright future, cryptocurrencies & Web 3 technology Is poised to become popular. The financial revolution that will be taking place shortly will emanate from sustained innovations within decentralized communities with strong support from governments. Take advantage, learn up, act and propel towards flourishing decentralized futures!

Disclaimer: Due to its erratic nature, cryptocurrency values are susceptible to changes in the market. Research on your own and make investments at your own risk.
For news reference:
Senator Cynthia Lummis Reiterates Support For Bitcoin As US Reserve Asset
https://bitcoinist.com/senator-lummis-support-for-bitcoin-as-us-reserve/

Choosing a responsible and potentially rewarding investment in the crypto space can be challenging. With a focus on financial safety and technological promise, #MultiversX (formerly Elrond) and its native token eGold ($EGLD ) stand out. This high-throughput blockchain aims to support the burgeoning metaverse with unparalleled transaction speeds and innovative features.
Inspiration for Picking MultiversX ($EGLD )
MultiversX distinguishes itself with its technological advancements and robust ecosystem. In its early years, #DaoLabs played a crucial role in its development. With an aim to deliver 1000x throughput compared to existing blockchains, MultiversX positions itself as a key player in managing massive user adoption, essential for the metaverse and beyond. Elrond (now MultiversX) grew significantly through the input of #SocialMining , gaining substantial support from its community.
Origins and Product Technology
MultiversX was founded to address the scalability issues plaguing many blockchains. The network's innovative technologies include:
Adaptive State Sharding: This allows real-time adjustment of the network capacity, providing a flexible and efficient blockchain infrastructure.Secure Proof of Stake (SPoS): A consensus mechanism that enhances security and efficiency by rotating validators and maintaining decentralization.Elrond VM (EVM): A dedicated smart contract execution engine that supports multiple programming languages, increasing accessibility for developers.
These features collectively enable MultiversX to offer high throughput, low latency, and minimal fees, making it a versatile platform for various applications.
Background: Story and Team
MultiversX was founded by Beniamin Mincu, Lucian Mincu, and Lucian Todea. The team brings together experts in blockchain, security, and business. Their vision is to create a high-speed, secure blockchain that can handle real-world applications and user demand. The transition from Elrond to MultiversX reflects their broader ambition to support the metaverse and advanced digital ecosystems.
Purpose of the Coin's Use
$EGLD serves multiple critical functions within the MultiversX ecosystem:
Staking: Users can stake $EGLD to support network security and earn rewards.Governance: Token holders can participate in the governance process, influencing the future direction of the network.Transactions: $EGLD is used to pay for transactions and smart contract executions.Validator Rewards: Validators receive $EGLD for maintaining the network.
Relevance
Market Cap and Valuation:
Market Cap: $781,658,617Fully Diluted Valuation (FDV): $781,806,977
Circulating Supply:
27 Million EGLD tokens
Price Performance:
All-Time High: $545.64 (November 23, 2021)All-Time Low: $6.51 (October 7, 2020)Recent Price: Significantly higher than the all-time low, indicating substantial growth
Recent Listings:
Recently listed on Bit2Me, the largest exchange in Latin America
Recent Updates:
Sharding technology update to enhance scalability and performance$110K trading competition on BinanceTR, highlighting community support initiatives
Conclusion
MultiversX and its native token $EGLD present a compelling investment opportunity. With advanced technology, a dedicated team, and strong market fit, MultiversX is well-equipped to support the future of digital ecosystems and the metaverse. As always, potential investors should conduct their due diligence and consider the risks involved.