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Home»Altcoins»How MultiversX bridges the metaverse, AI and Blockchain under the ecosystem
Altcoins

How MultiversX bridges the metaverse, AI and Blockchain under the ecosystem

2023-10-19No Comments3 Mins Read
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Our NewsBTC team will report back over the next three days xDay 2023, an event organized by MultiversX at the Palace of Parliament, Romania. Formerly known as Elrond, the project was renamed in 2022 and focused on the Metaverse, one of the hottest trends in crypto.

Following the trend, what should you expect on xDay 2023?

In addition to the rebrand, the project launched new products, including a “Super App” called xPortal, to expand its ecosystem. The project’s founder and CEO, Beniamin Mincu, has been vocal about their efforts to provide ‘real’ use cases and value to their users and promote a new financial system supported by blockchain, AI, the multiverse and other technologies.

We went to xDay to explore how MultiversX works to achieve this goal and what makes this ecosystem unique. The event starts today, October 19eand will take three days to conclude next Saturday, October 21st.

Mincu told us in an exclusive statement:

xDay brings together builders, government officials, executives from major global companies and investors for three days of meaningful dialogues on the latest trends and developments at the intersection of blockchain, AI, Metaverse and Web3. A great opportunity to build bridges between sectors and discover our latest innovations, products and strategic partnerships.

xDay 2023 EGLD EGLDUSDT MultiversX
MultiversX’s native token EGLD is moving higher on the 1-hour chart. Source: EGLDUSDT on Tradingview

The technological renaissance runs on the Blockchain

The event will be divided into chapters, with the first two chapters dedicated to discussing MultiversX and its ecosystem, the technical milestones and the projects that build on top of this network. Mincu and other vital members of MultiversX will be central.

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In addition, Romanian Energy Minister Sebastian Burduja and Romanian Economy Minister Stefan Radu will discuss the potential of blockchain and crypto to drive innovation and growth in the country.

The third and fourth chapters of the event will focus on partnerships, with Daniël Rood, head of Web3 at Google Cloud, Tobias Jung of Deutsche Telekom, Nikita Kharchenko of Amazon Web Services and Liu Bin of Tencent Cloud taking the stage.

These experts will discuss ways to drive global Web3 adoption, regulation, scalability and interoperability across industries and regions. Representatives from Circle, Osmosis, Binance, KuCoin, Deloitte, Ledger, Trust Wallet and others will speak about investment strategies, staking, security and other relevant topics.

Finally, the last day of the xDay 2023 event will focus on new technologies and their integration with blockchain and crypto, such as artificial intelligence and the Metaverse. Throughout the event, the community will have a voice as the Palace of Parliament in Bucharest becomes a place of dialogue. The CEO of MultiversX added:

As a catalyst for bridging the gap between Web2 and Web3, this event plans to reinvigorate European ambitions and mark the beginning of a technological Renaissance (…). Over the next three days we’ll dive deep. From this stage onwards, expect hands-on demonstrations, product reveals, first-hand accounts of our latest strategic partnerships and spotlights on the boldest grassroots projects from our vibrant ecosystem, turning heads and setting trends. But beyond the technology and the revelations, xDay is a forum for dialogue.

The event will be streamed live via the project’s projects official channels. The event will become available to the global crypto community a few days later.

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Cover image from MultiversX, chart from Tradingview

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Blockchain Bridges ecosystem Metaverse MultiversX
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