Yesterday, Wednesday October 23, 2022, was the first day of the Elrond’s X Day lecture. An event planned to take place over 3 days, on the prestigious site of the Palais Brongniart. And if this great Parisian mass, the first of its kind for this ecosystem still in full development, is probably far from having revealed all its promises yet, it is already time to expose its rich substance. Payment cards, new approach to Decentralized Finance (DeFi), metaverse… overview of an avalanche of innovations and surprises.
The birth of the MultiversX
Exit the very geek and very self-referenced “Elrond”. The project indeed quickly announces the color on this first day, by revealing a new strong identity, entirely oriented towards the fundamental trend of the moment: the metaverse.
Elrond Network thus becomes MultiversX. A decision which, if it will probably disturb for a few days the aficionados of what was until today the ecosystem Elrond Network, is obviously intended to be adapted to current developments in the industry, against the backdrop of the emergence of the Web3 continent.
This is how, in front of an attentive audience, made up of as many officials (like Jean-Noel BarrotDelegate Minister for the Digital Transition and Telecommunications or the Romanian Minister Sebastian Burduja in charge of research) as well as entrepreneurs mobilized on the ecosystem, that the MultiversX team unfolded all day the different facets composing a project as ambitious as it is unprecedented.
It should be noted in passing that the choice of Paris is not insignificant. In addition to the presence of a strong and very dynamic French-speaking community that was to be honored in the operation, the very existence of a summit of this scale also embodies the national will to make France the famous “Web3 Hub”.
Of course, the expression will make the most cynical smile. It should be noted, however, that from the organization of the Binance blockchain week 2022 in the capital to the decision to set up the European headquarters of Binance, then of Crypto.com in France, which could pass for a vague political posturing, now seems to be materializing more and more.