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MultiversX is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost.

MultiversX rewards the community and active participants with EGLD tokens. 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 provide services.

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.

MultiversX was first announced in August 2019, and its mainnet went live in July 2020.

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Mind Network is pioneering the Zero Trust Internet Transfer Protocol (HTTPZ), enabling quantum-resistant, fully encrypted internet data and AI computation through Fully Homomorphic Encryption (FHE)—the Holy Grail of Cryptography.

Mind Network serves as the trust and security foundation for the AI-Agent economy, enabling AI agents to operate autonomously and collaboratively in a decentralized Web3 ecosystem. Through Fully Homomorphic Encryption (FHE), it ensures data privacy, secure transactions, and decentralized consensus, allowing AI agents to manage assets, execute smart contracts, and interact seamlessly without compromising security.

As the core infrastructure behind the AI-agent wallet economy and multi-agent collaboration, Mind Network powers the transition from isolated AI tools to autonomous, self-sustaining AI economies in Web3.

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