Crypto Tex is an open-source blockchain scaling solution that delivers a faster, cheaper and smarter experience for blockchain’s next billion users. 

We have created a cutting-edge marketplace that allows you to easily and securely purchase and sell items. The most efficient and flexible asset marketplace in existence. It will allow for simple integration of cryptocurrency payments, and even the digital arbitrage system.

The end goal is aim is to connect all companies employees, as well as business assets into a single blockchain ecosystem that will allow businesses to be truly efficient secure, transparent, and transparent.

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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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