{"id":69596,"date":"2022-11-04T18:50:46","date_gmt":"2022-11-04T16:50:46","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=69596"},"modified":"2025-09-07T20:57:55","modified_gmt":"2025-09-07T17:57:55","slug":"elrond-network-rebrands-as-multiversx-bets-on-metaverses","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/elrond-network-rebrands-as-multiversx-bets-on-metaverses\/","title":{"rendered":"Elrond Network rebrands as MultiversX, bets on metaverses"},"content":{"rendered":"<p>The European blockchain project Elrond Network has renamed itself MultiversX to reflect its interest in the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-the-metaverse\">metaverses<\/a> segment.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Today, a new chapter begins.<\/p>\n<p>A bridge between worlds, at the intersection of worlds, and across worlds.<\/p>\n<p>This is our new challenge. Our new vision.<a href=\"https:\/\/twitter.com\/ElrondNetwork?ref_src=twsrc%5Etfw\">@ElrondNetwork<\/a> transforms and expands into MultiversX. <a href=\"https:\/\/t.co\/lpk8qvTu1I\">pic.twitter.com\/lpk8qvTu1I<\/a><\/p>\n<p>\u2014 Beniamin Mincu | xday.com | Paris. 3-5 Nov \ud83d\udd25 (@beniaminmincu) <a href=\"https:\/\/twitter.com\/beniaminmincu\/status\/1588162448103612416?ref_src=twsrc%5Etfw\">November 3, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The project intends to build on its previous work to promote the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-web3\">Web3<\/a> technology in the form of products linked to the metaverse.<\/p>\n<p>Interest in the segment is also being shown by other major companies and institutions. In October Meta<a href=\"https:\/\/forklog.com\/en\/news\/meta-reaffirms-its-bet-on-the-metaverse\"> confirmed<\/a> that it regards the metaverse as the future of humanity. It later emerged that in July-September the loss of its Reality Labs <a href=\"https:\/\/forklog.com\/en\/news\/metaverse-focused-meta-units-loss-rises-to-3-7-billion\"> amounted to $3.7 billion<\/a> ($9.4 billion since the start of the year).<\/p>\n<p>In the same month, Mark Zuckerberg&#8217;s company <a href=\"https:\/\/forklog.com\/en\/news\/meta-and-loreal-to-launch-accelerator-for-web3-startups\">entered into a partnership<\/a> with the cosmetics brand L\u2019Or\u00e9al to run the accelerator program for metaverse startups.<\/p>\n<p>Earlier, <a href=\"https:\/\/forklog.com\/en\/news\/interpol-launches-its-own-metaverse\">Interpol<\/a> and Walmart-owned <a href=\"https:\/\/forklog.com\/en\/news\/indian-online-retailer-flipkart-launches-the-flipverse-metaverse\">\u0438\u043d\u0434\u0438\u0439\u0441\u043a\u0438\u0439 \u043c\u0430\u0440\u043a\u0435\u0442\u043f\u043b\u0435\u0439\u0441 Flipkart<\/a> announced plans to launch their own virtual worlds.<\/p>\n<p>O \u0442\u043e\u043c, \u043a\u0430\u043a\u0438\u0435 \u0438\u0437 \u043f\u0440\u043e\u0435\u043a\u0442\u043e\u0432 \u043c\u043e\u0436\u043d\u043e \u0438\u0441\u0441\u043b\u0435\u0434\u043e\u0432\u0430\u0442\u044c \u0443\u0436\u0435 \u0441\u0435\u0439\u0447\u0430\u0441, <a href=\"https:\/\/forklog.com\/en\/news\/five-metaverses-you-can-explore-today\">\u0447\u0438\u0442\u0430\u0439\u0442\u0435 \u0432 \u043f\u043e\u0434\u0431\u043e\u0440\u043a\u0435 ForkLog<\/a>.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European blockchain project Elrond Network has renamed itself MultiversX to reflect its interest in the metaverse segment.<\/p>\n","protected":false},"author":1,"featured_media":69597,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1353,1853,1110],"class_list":["post-69596","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-metaverses","tag-multiversx-egld","tag-web-3-0"],"aioseo_notices":[],"amp_enabled":true,"views":"29","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/69596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=69596"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/69596\/revisions"}],"predecessor-version":[{"id":69598,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/69596\/revisions\/69598"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/69597"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=69596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=69596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=69596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}