The Origin of Entity — Growth Engine for Web3
In our last article, we introduced you to Entity — Growth Engine for Web3. But what exactly is a growth engine, and what inspired Entity’s founders at Titan Stake and Istari Vision? Join us as we take a closer look at the origin story of Entity.
Answering community demands
2021 was a momentous year for MultiversX (formerly Elrond). Although landmark events such as the debut of the Maiar Exchange and the Maiar Launchpad elevated the ecosystem to new heights, the founders of Entity wanted to support the core MultiversX team by building even more utility for users.
To focus their efforts, Entity’s founders listened and identified the most frequent requests from the community.
- How can we help builders whose projects were not selected for the Maiar Launchpad?
- How can we help MultiversX users capitalize on the latest data and analytics?
- And how can we help investors make better decisions and simplify their DeFi accounting?
The answer to all of these questions was clear: create a cutting-edge platform for MultiversX that supports builders and investors alike.
Istari Vision: rooted in the MultiversX ecosystem
Istari Vision is not only one of the largest staking providers on the MultiversX blockchain, but has also worked very closely with the MultiversX team to help grow the ecosystem.
This is reflected in the company’s work developing innovative blockchain solutions, creating educational content about Web3, and incubating projects like AshSwap and holoride to launch on MultiversX. With years of experience building on this blockchain, the Istari Vision team was ready for their most ambitious project yet.
However, creating a platform of Entity’s magnitude would require coordination with some of the brightest minds in blockchain development.
Titan Stake: developing the future of MultiversX
Based out of Sibiu, Romania, Titan Stake’s impressive project development background makes them the perfect partner for building Entity. Similar to Istari Vision, Titan Stake is a staking provider for MultiversX that also offers a range of services for the community.
“The cooperation with Titan Stake has been promising from the very beginning. Our teams have been on the same path since the inception of the network, supporting the MultiversX team through every development phase.”
— Wolfgang Rückerl • Founder of Entity & Istari Vision
In particular, the Titan Stake team has created several useful software tools for MultiversX. Titan Stake’s portfolio of successful products includes Elrond Scan, a powerful blockchain explorer that the company built in partnership with Staking Agency.
Because of Titan Stake’s remarkable track record and their close relationship with MultiversX, Istari Vision and Titan Stake forged a partnership to develop Entity.
Strong partners build strong products
As partners, Istari Vision and Titan Stake quickly developed a strong working relationship. In the first half of 2022, the two companies built an Alpha release of the Entity platform that already supports the MultiversX community with several unique tools and features.
“Entity was founded with the aim of empowering the MultiversX ecosystem on multiple levels; a platform that grows simultaneously with the ecosystem, providing both utility and power to the users, builders, and entrepreneurs on the network.”
— Daniel Taranu • Founder of Entity & Titan Stake
In an ecosystem filled with talented creators, the Entity Team sets a strong example for how to collaborate in an innovative and cohesive way. As the platform continues to grow alongside MultiversX, the future is bright for Entity in the second half of 2022 and beyond.
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.
