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Elrond rebrands as MultiversX, shifts focus to the metaverse | Apecoin_VeChain_Elrond

Elrond rebrands as MultiversX, shifts focus to the metaverse

Blockchain
technology developer Elrond announced it will redefine itself as a new brand with a focus on the metaverse. The company will move forward under the new name MultiversX with the introduction of three new metaverse-forward products. xFabric, xPortal and xWorlds are the three new tools behind the rebrand, all of which aim to help metaverse creators and users. The tools include a metaverse portal, digital assets holder, creator utilities and a deployable blockchain module. Beniamin Mincu, CEO of MultiversX, commented to Cointelegraph that the new rebranding will benefit both digital and physical reality.

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