What is the new name of Elrond?

Alongside the name change, MultiversX also unveiled a fresh roadmap outlining its upcoming plans and milestones. This roadmap serves as a roadmap for investors, developers, and enthusiasts alike, providing a clear glimpse into the future direction of the project.

The decision to rename and publish a new roadmap stems from a desire to streamline and streamline its brand identity while simultaneously reinforcing its commitment to innovation and growth. It's a testament to the project's resilience and ambition to remain at the forefront of blockchain technology.

Elrond, a pioneering Layer 1 blockchain renowned for its thriving NFT ecosystem, recently embarked on a significant transformation by announcing its name change to MultiversX. This strategic move underscores the project's commitment to evolving and expanding its horizons within the blockchain landscape.

For EGLD holders, this development presents both opportunities and implications. As MultiversX continues to evolve, it's likely that EGLD's utility and value will also increase, making it an attractive asset for investors and users alike. Additionally, the integration of the XP.NETWORK bridge promises to further expand MultiversX's reach and interoperability with other blockchains.

The name change to MultiversX signals a shift towards embracing a more multidimensional and interconnected vision for the platform. It hints at the introduction of new features and enhancements that will further bolster its capabilities and appeal to a broader audience.