{
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  "slug": "egld",
  "description": "What is MultiversX MultiversX is a blockchain protocol that offers true horizontal scalability by using all aspects of sharding (Network, Transaction & State). The project describes itself as a technology network ecosystem for the new internet, which includes distributed finance, real world assets and the Metaverse.\n\nIts on-chain contracts execution platform is reportedly capable of up to 100,000 transactions per second, 6-second latency and a $0.002 transaction cost. In practice, multiversX is governed and secured through the EGLD token. Latest snapshot shows market cap near $120,084,897, 24h volume around $8,165,482, 24h change up 7.50%. DexBrief is currently monitoring a live market route on Multiversx via Xexchange. Live pricing and venue coverage on this page currently come from 3 public market feeds.\n\nPublic metadata currently describes MultiversX as a coin. MultiversX is commonly screened under Artificial Intelligence (AI), Smart Contract Platform, and Layer 1 (L1). Available project references currently expose 8 team or contributor record(s). Official research surfaces on this page include a whitepaper or docs reference and open-source code links.",
  "description_source": "What is MultiversX MultiversX is a blockchain protocol that offers true horizontal scalability by using all aspects of sharding (Network, Transaction & State). The project describes itself as a technology ecosystem for the new internet, which includes decentralized finance, real world assets and the Metaverse. Its smart contracts execution platform is reportedly capable of up to 100,000 transactions per second, 6-second latency and a $0.002 transaction cost. MultiversX is governed and secured through the EGLD token. EGLD, or Electronic Gold, is MultiversX's native token. It acts as a store of value currency to pay for network usage. The coin also serves as a medium of exchange between platform users and validators. Users pay transaction fees in EGLD and validators participate in the consensus process. EGLD allows developers to deploy smart contracts, protocols, and dApps on the platform. It empowers participants to perform any network action. Through staking and validation rewards, as well as transaction fees, EGLD manages the MultiversX network. Plus, EGLD is endowed with the functionality of a governance token, so its holders can vote on network decisions. How does MultiversX Work According to the MultiversX crypto team, the project implements three types of parallelization: st",
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  "ath_date": "2021-11-23T10:33:26.737Z",
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