📊 Our #WeeklyAPR is here! Check out the hottest coins our delegators are staking this week.
Discover @MultiversX, a distributed, scalable, and secure blockchain network designed for next-gen applications.
Learn more about $EGLD:
Show original
244
0
Multiversᕽ
Lessons from working with 100,000+ creators to build memorable campaigns.
Join us tomorrow for an educational X Spaces session with our strategic partner, @TRBE_app.
We'll discuss evidence-based Web3 and influencer marketing tactics that truly work.
Set your reminders below!
Show original
1.11K
23
Multiversᕽ
Lessons from the Trenches: 10 Actionable Insights for Founders
The path of a founder is rarely a straight line. It's a journey filled with challenges, pivots, and invaluable learning experiences. @MihaiBullseye, founder of @_AI_Nexus, and @TomosRees2, co-founder of @PhilanthrifyApp, have “been there and done that” and shared some key insights for building a business during the first episode of a new MultiversX series entitled “Founder Sessions: Lessons From the Trenches”.
Here are ten takeaways to help you navigate your own founder journey:
1. Sell the Destination, Not the Engine.
Users and investors care about the benefits your product provides, not the complex technology behind it. Much like a car buyer is sold on the speed and feel of a Ferrari rather than its engine's engineering, you need to focus your messaging on the outcome.
2. Build in Public and Iterate Fast.
The Web3 space demands a different approach than traditional development. Instead of perfecting a product for years behind closed doors, the advice is to get it out quickly, gather feedback, and adapt. Don't be ashamed if it's not perfect; the goal is to get feedback and grow with your community.
3. Design Your Tokenomics With Care.
Many good products are buried by poor tokenomics. Founders are advised to be very careful with their economic design and to steer clear of hyperinflationary models. Aim for a balanced, or even deflationary, system if possible.
4. Leverage Your Unique Edge.
Your personal background and skills are your greatest assets. Mihai leveraged 16 years of experience in Web2 mobile gaming to build a user acquisition strategy for his Web3 project. Tomos used his dual experience in charities and fintech to build a transparent giving platform. Stick to what you know.
5. Find Profitability in the Mundane.
Success isn't always flashy. One of the most successful games from a founder's studio was a taxi driving simulator, which pulls in 50,000 to 60,000 organic installs a day. This shows there are huge audiences for niche or seemingly "boring" ideas.
6. Embrace Your Community.
The Web3 community is unique because they are often financially invested in your project. This makes them far more engaged and a powerful source of valuable feedback. Use your audience.
7. Plan for Failure, Not Just Success.
Hope is not a strategy. You need multiple contingency plans—not just a Plan B, but a "plan C, D, E, maybe F". The most successful founders are not those who take the biggest risks, but those who are best at mitigating them.
8. Don't Depend on "Magic Money".
A sustainable business cannot be built on the hope that its token price will go up. Your project should have a solid business model that provides real value, independent of market speculation, to ensure you can survive market downturns.
9. Allocate Time for "Moonshot Bets".
Focus on your core strategy, but don’t discount high-risk, high-reward opportunities. Tomos won the highly competitive UK Innovation grant that only 1.5% of applicants receive, which proved transformative for Philanthrify.
10. Leverage the power of modern technology.
Take your business plan and run it through an AI multiple times. This gives you access to a vast repository of knowledge that can help you refine your ideas and create a better, more robust plan.
Indeed, there is "no escaping the trenches" on the founder's journey. So make it your trench. Turn it trench into a launchpad. The struggle isn't the obstacle; it's the very foundation of your success.
Show original
4.71K
115
Multiversᕽ
Founder Sessions — Lessons From the Trenches
Show original
7.02K
186
Beniamin Supernovus |🇺🇸/acc 🔥🛠️
Doubling down on practical education for founders and builders.
Real Business 101. Raw challenges. Hard-won lessons. Tangible wins.
Builders sharing their most valuable insights, straight from the trenches.
If you’re a builder, this is for you. 🎙️ ✍️
Multiversᕽ
Invaluable lessons from people who have “been there and done that”.
@_AI_Nexus founder @MihaiBullseye and @PhilanthrifyApp's @TomosRees2 share their insights on what it takes to build and grow a business.
Today at 16:00 UTC, live on X & YouTube.
Show original
689
0
MultiversX price performance in USD
The current price of MultiversX is $13.3200. Over the last 24 hours, MultiversX has decreased by -1.99%. It currently has a circulating supply of 28,373,336 EGLD and a maximum supply of 31,415,926 EGLD, giving it a fully diluted market cap of $378.50M. At present, MultiversX holds the 78 position in market cap rankings. The MultiversX/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
Elrond is a software protocol that makes blockchain technology secure, globally scalable, and interoperable. Its sharded architecture allows for the seamless execution of smart contracts with low transaction fees and near-instantaneous speeds.
Elrond's software infrastructure comprises two unique features — Adaptive State Sharding and a Secure Proof-of-Stake (SPoS) consensus mechanism. The network also uses the Elrond WASM VM, a fast virtual machine that can run smart contracts in any programming language and compile to WebAssembly.
Adaptive sharding occurs at every level, including transaction, data, and network. This means the infrastructure can dynamically adapt to provide high throughput and speed. The sharding mechanism automatically merges or splits based on network usage or the number of validator nodes available. To improve efficiency, Elrond employs sharding in its consensus mechanism. SPoS consensus selects consensus validator nodes from shards via a random source that cannot be predicted or influenced. The validator uses a modified BLC multi-signature scheme to validate blocks.
Elrond also has an integrated development environment, which allows developers to collaborate, write, and create programs and applications for users on the platform. Users can also create their own Elrond Standard Digital Token, marketed as an improved version of ERC-20.
Elrond's native cryptocurrency, EGLD, has a variety of applications. The network's primary circulation coin is used for validator rewards, staking, transactions, and smart contract payments. It is also a necessary component of the platform's governance mechanism.
EGLD price and tokenomics
The total token supply of the project is limited to 31.42 million. Following the initial release of 20 million tokens, the network intends to gradually release eGLD over the next ten years until it reaches its maximum supply. Elrond's tokens were initially available on the Binance Chain as ERD. It was later renamed EGLD. A little more than 20 million tokens are currently in circulation.
EGLD reached its all-time high price of $490 on November 23, 2021. This increase followed the project's $1.29 billion liquidity incentive program announcement. In June 2019, the project raised $1.9 million in private investment rounds at $0.5 per token. In its initial exchange offering (IEO), it exchanged 25% of its total token supply for $3.25 million at $0.65 per token.
A fourth of the token supply was made available for public sale, with the remaining 15% reserved for private sale. 5% are reserved for future rounds, and the remaining tokens are allocated to staking rewards, grants, community, advisors, the company, and the team.
About the founders
Established in 2017 by Lucian Todea, Beniamin Mincu, and Lucian Mincu, Elrond is run by the Malta-based company Elrond Network, which is responsible for the project's growth. Before founding Elrond, CEO Mincu was Head of Product and Business at Nem Core. He also co-founded MetaChain Capital, a premier digital assets investment fund, with his brother and engineer, Mincu.
Todea is the founder and CEO of Soft32. He is also a partner in mobilPay and an angel investor in Typing DNA and Smart Bill. The network also includes a strong team of entrepreneurs, engineers, and developers with impressive experience and success track record.
Elrond highlights
Elrond announces the largest DeFi liquidity incentive program
In November 2021, Elrond announced a $1.29 billion liquidity incentive program for its Maiar DEX DeFi platform. The project used the native token, MEX, to distribute $282 million among its DEX users.
"By distributing Maiar DEX ownership to the subsequent billion users, the project sought to lay the foundation for a truly global financial system that is accessible to everyone, everywhere," said CEO Beniamin Mincu.
Runtime Verification extends commitment towards Elrond
Elrond uses the NASA-pioneered Runtime Verification framework to develop its protocol, core components, and applications. Having worked with the Runtime Verification team since its inception, Elrond announced that it had extended its commitment to the Elrond Ecosystem by becoming a non-custodial staking provider.
This will provide EGLD delegation services to the ecosystem and significantly contribute to network security and decentralization. The Runtime Verification staking pool had five active nodes as of September 16, 2022, and offered ±11% APR with a capped delegation limit.
Show more
Show less
Trade popular crypto with low fees and powerful APIs
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 3.4K new posts about MultiversX, driven by 1.1K contributors, and total online engagement reached 186K social interactions. The sentiment score for MultiversX currently stands at 84%. Compared to all cryptocurrencies, post volume for MultiversX currently ranks at 3077. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of MultiversX.
Powered by LunarCrush
Posts
3,426
Contributors
1,146
Interactions
186,481
Sentiment
84%
Volume rank
#3077
X
Posts
3,198
Interactions
185,704
Sentiment
84%
MultiversX FAQ
How much is 1 MultiversX worth today?
Currently, one MultiversX is worth $13.3200. For answers and insight into MultiversX's price action, you're in the right place. Explore the latest MultiversX charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as MultiversX, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as MultiversX have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Socials