xDay Event Day 2: Google, Amazon, Binance Labs, And A Chat With Sunny Aggarwal
20 Oktober 2023 - 10:00PM
NEWSBTC
In the next three days, our team at NewsBTC will cover xDay 2023,
an event organized by MultiversX in the Palace of Parliament,
Romania. Formerly known as Elrond, the project rebranded in 2022
and focused on the Metaverse, scalability, and global adoption by
simplifying users’ access to crypto. Related Reading: xDay 2023 Day
2: Google And MultiversX Join Hands, How The Big Tech Giant Will
Support The Community Summarizing The MultiversX Event, Day 2 In
the early hours, the CEO and Co-Founder of MultiversX, Beniamin
Mincu, announced a partnership with big tech giant Google Cloud.
The company pledged to help the community of MultiversX builders,
and Google Cloud will secure all data running on this blockchain.
The community celebrated the announcement, followed by other major
partnerships, including Axelar, to improve its interoperability
with Telekom, which will become a validator for MultiversX. Other
representatives from big tech companies, from Amazon Cloud to
Deloitte and Tecent, spoke during the event about Gaming, ways to
drive growth and adoption, and the convergence of Gaming, the
Metaverse, and Web3. From the crypto space, Alex Odagiu from
Binance Labs and Danilo Carlucci from Morningstar Ventures
discussed the importance of data, and the different ways crypto
investors are using it to make investments during bull and bear
markets. Overall, attendees were impressed with the event’s
capacity to gather a big crowd during a bear market and the
partnerships announced throughout the day. The sentiment was
optimistic about the future of blockchain and crypto. #MultiversX,
the blockchain tech built for large-scale solutions. Combining AI,
Big Data, Gaming, the Metaverse and beyond. All unfolding at
unprecedented speed. pic.twitter.com/eh431p4x8R — MultiversX
(@MultiversX) October 20, 2023 Interview With Sunny Aggarwal,
Co-Founder At Osmosis Labs During the event, we got to chat with
Sunny Aggarwal, a co-founder at Osmosis Labs, the company behind
the decentralized protocol running on Cosmos. One of the most
prominent decentralized finance (DeFi) protocols in this ecosystem,
the DEX has processed over $3 billion in trading volume, according
to data from Token Terminal. Aggarwal is a validator for
MultiversX, the “only non-Cosmos” network he validates. In an
interview with our team, the Osmosis Co-Founder spoke about the
early days of MultiversX, when the project was known as Elrond
Network. Aggarwal was one of the first to see the Elrond
(MultiversX) Whitepaper and has been helping as a “non-official”
external consultor ever since. During the interview, the Cosmos
Co-Founder spoke about the passion and the drive behind MultiversX.
Speaking about the factor that makes MultiversX stand out from
other blockchains, he mentioned their flagship product, xPortal.
The “SuperApp” tries to offer users finances, social interactions,
and payments, all using a single app. Aggarwal said: I actually
think xPortal was a big one. I remember they showed me, it wasn’t
called xPortal back then. It had a different name, but when they
showed it to me back in 2020. At the time, it was the best mobile
wallet I’ve seen. I think the work that they did around the UX and
when you log in, you get a username right away. And I think that
they were very early on understanding how the UX has to be done. So
I think that’s a very big interesting (…). Related Reading: xDay
2023 Day 1: How MultiversX Is Bridging The Metaverse, AI, And
Blockchain Under Ecosystem During the event, the team at MultiversX
has been trying to remove “Web 3,” “crypto payments,” and similar
words from their narrative. The team believes just “Web,” or
“money,” is a better message for the users. Aggarwal agrees with
the message, which heavily focuses on adoption: I think the users
don’t care about how the technology works. I think they care about
what it does, but also they want to know, telling someone something
is a cryptocurrency is not what matters, what matters is telling
them it’s secure from hacks or that it’s private. That’s what
matters, right? You have to sell the features that cryptocurrency
gives you without necessarily having to know (the technology).
Cover image from MultiversX, chart from Tradingview
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