MultiversX is a high-performance, sharded smart contract blockchain with Proof of Stake (SPoS) consensus, perfectly designed for the Web3 era with capacity to serve Web2 needs.
EGLD is the native cryptocurrency of MultiversX, functioning as global money and collateral. It's the primary asset used within the MultiversX ecosystem that comprises hundreds of on-chain apps leveraging its dynamically scalable, low-cost and secure infrastructure.
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