Elrond Network

Elrond NetworkElrond Network
Elrond Network

Elrond Network

A highly scalable, secure, and decentralized blockchain network for the new internet economy and metaverse.

2017Active111
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About

MultiversX, formerly known as Elrond Network, is a Layer 1 blockchain platform designed to provide high scalability, low latency, and strong security. It supports decentralized applications (dApps), enterprise solutions, and the metaverse, offering developers a robust infrastructure and NFT support. The platform aims to solve the blockchain 'impossible trilemma' of balancing security, decentralization, and scalability.

Technology stack

detected 2026-06-21
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Frequently asked

What does Elrond Network do?

MultiversX, formerly known as Elrond Network, is a Layer 1 blockchain platform designed to provide high scalability, low latency, and strong security. It supports decentralized applications (dApps), enterprise solutions, and the metaverse, offering developers a robust infrastructure and NFT support. The platform aims to solve the blockchain 'impossible trilemma' of balancing security, decentralization, and scalability.

How much funding has Elrond Network raised?

Elrond Network has raised a total of $42M in funding. The most recent round on record is Funding Round.

Where is Elrond Network headquartered?

Elrond Network is headquartered in Malta.

When was Elrond Network founded?

Elrond Network was founded in 2017.

What industry does Elrond Network operate in?

Elrond Network operates in Blockchain, Fintech, Decentralized Finance (DeFi), Metaverse, Web3, Smart Contract Platform.

How many employees does Elrond Network have?

Elrond Network has approximately 111 people on record.