MultiversX

MultiversX is a blockchain platform designed to offer true horizontal scalability through the use of state, transaction, and network sharding. It claims to be capable of processing up to 100,000 transactions per second with 6-second latency and $0.002 transaction costs. This high throughput and low fees are made possible by the platform's adaptive state sharding architecture. The EGLD token serves as the native currency of the MultiversX ecosystem, used to pay for network usage, facilitate transactions, and participate in the platform's governance through voting. MultiversX positions itself as a blockchain solution for the new internet economy, decentralized applications, and enterprise use cases.

According to the information provided, MultiversX is a technology ecosystem designed for the new internet, encompassing decentralized finance, real-world assets, and the metaverse. The platform's key features include: True horizontal scalability through state, transaction, and network sharding, enabling up to 100,000 transactions per second with 6-second latency and $0.002 transaction costs. Smart contract execution capabilities to allow developers to deploy decentralized applications (dApps) on the platform. The EGLD token, which serves as a store of value, medium of exchange, and governance mechanism for the ecosystem. Support for enterprise-level use cases and integration with real-world assets, in addition to decentralized finance and metaverse applications.

The circulating supply of MultiversX (EGLD) is 27,254,603 EGLD, which is 86.75% of the maximum supply is 31,415,926 EGLD, so there is still room for further token issuance. The fully diluted market cap based on the maximum supply is $948,934,396.