Elrond Scalability-focused Layer 1
also invests Β· investor profile5 known investors
MultiversX (the EGLD network, formerly Elrond) is a distributed blockchain network for building decentralized applications, using adaptive state sharding and a Secure Proof of Stake consensus mechanism. It provides infrastructure for developers, including a WASM-based virtual machine and the native EGLD token for transactions and staking.
Crypto & Web3Data & InfrastructureDeveloper Tools
Investors Β· 5
Frequently asked questions
- What does Elrond Scalability-focused Layer 1 do?
- MultiversX (the EGLD network, formerly Elrond) is a distributed blockchain network for building decentralized applications, using adaptive state sharding and a Secure Proof of Stake consensus mechanism. It provides infrastructure for developers, including a WASM-based virtual machine and the native EGLD token for transactions and staking.
- Who are Elrond Scalability-focused Layer 1's investors?
- Elrond Scalability-focused Layer 1's investors include Brilliance Ventures, Ellipti, Mapleblock Capital, Spark Digital Capital, ZMT Capital.