#MultiversX  - XDay 2023 Part 1

A few days ago a major crypto event took place in Bucharest (Romania). Named XDay, organized by MultiverseX ($EGLD) platform, brought together more than 2000 participants...

The XDay event for MultiverseX was a significant occasion that highlighted the progress and future plans of the MultiverseX ecosystem. Here are the key takeaway points:

1. Inspir3 Platform: This platform aims to redefine loyalty through cashback, reward points, and discounts, all stored and traded safely on the MultiverseX blockchain.

2. xAI: A suite of AI tools was introduced to help developers generate unit tests & integration tests for contracts, explain & review code and contracts, and a GPT4 assistant trained with MultiversX technical documentation and community questions answered over time.

3. DX25 Vision: DX25 shared a long-term vision of disrupting the global $765 Trillion derivatives market. They aim to build tools on-chain to offer capital efficiency and more than 1,000x leverage, positioning MultiversX as the blockchain of choice for derivatives trading. The spot DEX was recently launched on Mainnet, and the next steps include supporting partners’ innovations, a Launchpad TGE, and the launch of the derivatives platform by the end of 2024.

4. Hackathon Overview: The event hosted a hackathon with 1,000 hackers, 150 projects, 70 nationalities, 41 judges, and 29 Partners & Supporters. The hackathon was a cornerstone of the XDay conference, with $1 Million USD reserved for hackathons in the second half of 2023 alone.