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MultiversXEGLD

MultiversXEGLD

Overview

What is MultiversX?
MultiversX is a smart contract platform for decentralized applications (a blockchain). MultiversX was founded by Beniamin Mincu and launched in 2018.
How does MultiversX work?
Validators process transactions and receive validator rewards (supply-side fees).
Who governs MultiversX?
EGLD tokenholders own and govern the protocol. They currently take a cut of the transaction fees paid and give the cut to smart contract deployers (revenue).
RevenueMultiversX's share of the transaction fees$10Connects Validators & UsersSupply-side feesValidators' share of the transaction fees$90ValidatorsFeesTransaction fees paid by users$100Users
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.