HomeCryptoElrond Limited, now MultiversX, is launching a new platform for Web 3

Elrond Limited, now MultiversX, is launching a new platform for Web 3

After the successful release of “Inspire Art” this past August and with more than 1 million NFTs launched, Elrond Limited, which with the rebranding a few months ago is now called MultiversX, has decided to announce xSpotlight, an evolution of the platform with new features for the Web3 industry.

xSpotlight features better aggregation and curation of Web3 projects and also a better search bar to find the best NFTs and collectibles.

Creators who want to be featured on Elrond Limited’s new platform can start submitting their applications now.

Elrond Limited had announced Inspire Art last November at X Day in Paris and only a few months later it now introduces a platform with significant improvements, both in the Explorer section and on the creator side with many more features for project founders.

xSpotlight is not just a marketplace, but a platform to showcase all the best NFT works based on the MultiversX (formerly Elrond Limited) blockchain and highlights the most interesting ones for the entire Web 3 community.

The company is also introducing the Lighthouse Series, an editorial effort aimed at helping the community navigate the industry. 

In short, with today’s launch, MultiversX reaffirms its commitment to its community of founders, creators, and makers engaged in the Web3 industry. 

What is Elrond Limited, aka MultiversX

MultiversX is a highly scalable, secure and decentralized blockchain network created to enable radically new applications, for users, businesses, society and new frontiers for the metaverse.

The company is focusing primarily on three fronts:

  • xFabric: a blockchain module, the heart of applications that will be usable in minutes and can be customized to your liking thanks to the many opportunities for companies and developers.
  • xPortal: a superApp, which will serve as a portal to access the metaverse. A platform to manage one’s avatar but also a debit card to spend crypto and a chat to interact with other users. 
  • xWorlds is an engine for the creation of new worlds. A network that will make metaverse interoperability possible.

The EGLD token in the MultiversX ecosystem

In the last 24 hours, the EGLD token is rising about 3%, confirming the growing trend of the entire crypto sector. 

Trading volumes for this cryptocurrency have risen as well, even by nearly 40% during the last day. 

EGLD is tradable on several exchanges such as Binance, Kucoin, Coinbase Pro, Kraken, Bitfinex, and Bitget