Entity Asked Builders Why They Support MultiversX (Previously Elrond)
When groundbreaking tech meets passionate creators, the potential is limitless. Entity interviewed some of the most relentless builders from the community to understand why they use the MultiversX blockchain and how Entity can make the ecosystem even better.
Building the multiverse together
Last week in Paris, the MultiversX (formerly Elrond) Team demonstrated their dedication and vision toward building the most powerful Web3 network possible.
However, it wasn’t just the core team that made X Day successful.
“(MultiversX) has got the team, they’ve got the vision, and now, they’ve got the community as well.”
— Eddie Nuta • Founder & CEO of Valid Blocks
Beyond the announcements about new products, brands, and partnerships, the event also showcased the many hardcore builders and enthusiasts who bring the MultiversX blockchain to life.
A place for innovators
As part of Entity’s community interview series, we sat down with ecosystem leaders to discover why they enjoy building on MultiversX.
The common theme throughout these conversations: MultiversX has a unique combination of next-level technology and dedicated people.
“The main advantage is you can build a lot of functionalities without worrying about things like the bandwidth or the cost of the transactions.
You remove all these problems from the formula, and you can focus on the user experience and the utility that you want for the application.”
— Jose Aznar • Founder & CEO of Palm Tree Network
With highly innovative features like Adaptive State Sharding, the blockchain’s exceptional performance and scalability make it an ideal foundation for developers. MultiversX also boasts low fees, fast transaction times, and the honor of being Europe’s first carbon negative blockchain.
And with the upcoming protocol upgrades announced at X Day, the blockchain is about to get even stronger.
The power of people
While cutting-edge technology is the backbone of MultiversX, the people in the ecosystem are what brings it to life.
“The MultiversX Team are super supportive and (clearly communicate) their thoughts and ideas regarding the future of their projects.”
— Alina Tielnova • Segment Lead at Everstake
MultiversX’s supportive culture starts at the top, as the MultiversX Team has been heavily involved with the community since day one. Whether hosting events, joining discussions on Telegram or sharing the latest news, Beniamin Mincu and his team continue to play an active role in growing the network’s reach.
In addition, the ecosystem’s builders, investors, and stakeholders help make this community special.
MultiversX users are welcoming and quick to reach out with resources to ensure everyone can get the most out of the blockchain. And through the selfless support of causes like Together for Victor, the community continues to demonstrate that making profits is not their only focus.
Onwards and upwards with Entity
As a Communications and Operations Hub, Entity will further expand the potential of MultiversX’s technology and community. Entity is a growth engine featuring a Launchpad and cutting-edge tools that will unlock the power of the MultiversX blockchain for both builders and investors.
With modules like the Tax Tools, Entity makes the powerful tech of MultiversX even more accessible for advanced users, crypto newbies, and everyone in between.
And with community-focused features like the Project Monitor, Entity provides a range of of utility for investors and startups alike.
Enhancing the MultiversX Ecosystem
Entity is a Launchpad and suite of cutting-edge tools for Web3 builders and investors. Entity is focused on catalyzing growth in key areas such as DeFi, GameFi, NFTs and real-world blockchain applications.
MultiversX is a highly scalable, secure and decentralized blockchain network created to enable radically new applications, for users, businesses, society, and the new metaverse frontier.
