Cryptocurrency Q&A What is the old name for EGLD?

What is the old name for EGLD?

Elena Elena Mon May 27 2024 | 6 answers 1314
Excuse me, I'm a bit curious about something related to cryptocurrencies. Could you please tell me what the old name for EGLD was? I've heard some people mentioning it in conversations but I'm not quite sure what they're referring to. I'm trying to understand the evolution of this particular token and its history, so your help would be greatly appreciated. I'm interested in the context behind the name change as well, if you have any information on that. Thank you for your time and assistance. What is the old name for EGLD?

6 answers

Elena Elena Tue May 28 2024
The transition from ERD to EGLD coin underscores MultiversX's commitment to innovation and growth. It demonstrates the project's ability to adapt and evolve with the changing landscape of the cryptocurrency industry.

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CryptoTitan CryptoTitan Tue May 28 2024
MultiversX, an innovative blockchain project, initially distributed its cryptocurrency in the form of ERD coin. This coin served as the primary digital asset within the MultiversX ecosystem, enabling transactions and interactions among users.

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TaekwondoMasterStrengthHonorGlory TaekwondoMasterStrengthHonorGlory Tue May 28 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services that cater to the needs of cryptocurrency enthusiasts and investors. Among its offerings are spot trading, futures trading, and wallet services. These services provide users with convenient and secure access to the digital asset market.

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Michele Michele Tue May 28 2024
However, as the project evolved and its vision expanded, MultiversX made a significant milestone achievement. In July 2020, the project successfully launched its mainnet, marking a new era for the platform.

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SsangyongSpiritedStrength SsangyongSpiritedStrength Tue May 28 2024
Following the mainnet launch, MultiversX made a strategic decision to rename its cryptocurrency. The ERD coin was phased out and replaced by the EGLD coin, reflecting the project's growing ambitions and capabilities.

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