Business News Report
February 28, 2023

MultiversX Reveals xPortal Super App, Bringing Digital Finance, Web3, and Metaverse Together

xportal

MultiversX, a blockchain company focused on the metaverse, has unveiled its xPortal “super app.” The cutting-edge mobile app combines advanced features of digital finance, AI avatars, and chat capabilities to provide users with a unique and streamlined experience. 

The app is available on Android and iOS platforms and includes end-to-end encrypted messaging as well as a portal for Web3 apps and metaverse experiences. With the launch of the xPortal Super App, MultiversX Labs is leading the way in revolutionizing digital finance and transforming the metaverse.

xPortal offers a seamless and secure way to manage financial assets, including fiat, crypto, NFTs, and investments. The app also allows the personalization of experiences with AI avatars and privately interacting with friends. This opens up new avenues for exploration and engagement within the financial, crypto, and NFT ecosystems.

xPortal builds on its first iteration, which attracted over 1.1 million users within a year and was first previewed in November 2022 at xDay in Paris. The app aims to onboard 1 billion users by providing fun and useful services, experiences, and applications, making digital finance, Web3, and the metaverse accessible and user-friendly for everyone.

Sergiu Biris, Head of Product at MultiversX Labs, stated that xPortal’s ability to provide access to Web3 and the metaverse for all smartphone users worldwide is a game-changer. It shifts the conversation about universally accessible digital experiences from a distant future vision to the present.

“The xPortal Super App is an instrumental step on our mission to build the backbone for a new digital financial system that spans across the physical and the metaverse world. Our ambition is that everyone, no matter where they are or what their background is, should have easy access to secure and efficient financial services that can help them achieve their goals and live their best lives. All this becomes available today,”

said Beniamin Mincu, MultiversX Labs CEO.

According to CoinDesk, the company previously known as Elrond rebranded itself as MultiversX in November to reflect its new focus on the metaverse and Web3 integrations. This shift builds on the company’s earlier work as a layer 1 blockchain. In addition, MultiversX recently revealed its collaboration with Tencent Cloud, a Chinese tech company, to support its Web3 product expansion.

Read more:

Tags:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].

More articles
Agne Cimerman
Agne Cimerman

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].

Hot Stories
Join Our Newsletter.
Latest News

Supply and Demand Zones

Cryptocurrency, like any other currency, is a financial instrument based on the fundamental economic principles of supply ...

Know More

Top 10 Crypto Wallets in 2024

With the current fast-growing crypto market, the significance of reliable and secure wallet solutions cannot be emphasized ...

Know More
Join Our Innovative Tech Community
Read More
Read more
Bitlayer Introduces ‘Ready Player One’ Program, Offers $50M in Rewards to Developers Ahead Of Mainnet Launch
News Report Technology
Bitlayer Introduces ‘Ready Player One’ Program, Offers $50M in Rewards to Developers Ahead Of Mainnet Launch
March 29, 2024
CoinList To Offer 50M XZK Tokens In Mystiko Network Community Sale
News Report Technology
CoinList To Offer 50M XZK Tokens In Mystiko Network Community Sale
March 29, 2024
Binance Executive Tigran Gambaryan Files Lawsuit Against Nigerian Government
Business News Report
Binance Executive Tigran Gambaryan Files Lawsuit Against Nigerian Government
March 29, 2024
Binance Unveils Launchpool Project Ethena for BNB, FDUSD and TUSD Staking
News Report Technology
Binance Unveils Launchpool Project Ethena for BNB, FDUSD and TUSD Staking
March 29, 2024
What You
Need to Know

Subscribe To Our Newsletter.
Daily search marketing tidbits for savvy pros.