Musk DAO founder Max is one of the early players who entered the blockchain industry in China. Musk DAO aims to be a web3.0 investment community for global Musk fans. It covers the creation and trading of various types of NFT works centered around Musk's IP, the construction of decentralized finance (DeFi), the development of Mars-themed GameFi in the metaverse, as well as various ecological and asset investment plans around its space projects.

Musk DAO has set up multiple reward mechanisms, and as long as you participate in the Musk fan community, you can receive rewards through various ways. By using smart contracts to create "code trust", consensus is gathered from all players in the Musk DAO ecosystem, who are both participants and beneficiaries, forming a positive cycle of market atmosphere, allowing participants to realize contributions and receive benefits.

MUSK's most successful venture has been its quantitative investment strategy services. Musk DAO is now building an anonymous wealth investment and management platform called Muskquant, aiming to provide highly customized and completely anonymous financial investment management services for high net worth individuals, families, and groups.

The core of the Muskquant platform lies in strategic wealth planning from the digital asset and traditional financial sectors, as well as all-around anonymous holding and investment plans. At the same time, we collaborate with renowned institutions and experts in the insurance and other fields to ensure that our clients or business partners receive top-notch services.

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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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