MultiversX: Unlocking the World of Web3

MultiversX is a blockchain platform that aims to simplify access to the Web3 ecosystem. It acts as a gateway to Web3, allowing users to interact with various decentralized applications and digital assets.

MultiversX has recently partnered with Opera browser to integrate its network into Opera’s browsing suite. This enables Opera users to access MultiversX services directly from their browser. They can now trade MultiversX’s native tokens (EGLD and ESDT), interact with NFTs, and use decentralized applications built on the MultiversX platform.

MultiversX has launched a Web3 “super app” portal, offering access to decentralized applications and metaverses.

The platform has partnered with Tencent, the Chinese technology giant behind WeChat, to develop its Web3 strategy.

MultiversX’s rebranding from Elrond aims to position the platform as a comprehensive destination for decentralized applications.

What is Web3?

Web3 refers to a decentralized version of the internet that uses blockchain technology and peer-to-peer networks to provide users with more control over their data and online experiences.

What is a blockchain?

A blockchain is a decentralized, distributed ledger that records transactions in a secure and immutable manner.

What is a decentralized application (dApp)?

A dApp is an application that runs on the blockchain, allowing users to interact directly with the network and its data without relying on intermediaries.

What is an NFT?

An NFT (non-fungible token) is a unique digital asset that represents ownership of a specific item, such as artwork, collectibles, or virtual land.

MultiversX’s integration with Opera browser provides a convenient gateway for users to explore the Web3 ecosystem. Through its user-friendly platform, MultiversX aims to simplify access to decentralized applications, digital assets, and the benefits of Web3 technology.