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MultiversX Builders (previously Elrond Builders) Profile picture
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Jan 9 • 7 tweets • 8 min read
1/
 @UTRUST is a #cryptocurrency #payment solution powered by @MultiversX #blockchain

It aims to upgrade the #finance and payments industry with instant transactions and crypto-to-cash settlements for the merchant.

Soon to become #xMoney, let's discover more 🧵👇

#ElrondNetwork
2/
 @UTRUST MVP is released in April 2017 and joins Startups accelerator in San Francisco in 2018.

The UTRUST Wallet and platform continues in 2019, then @SanjaKon joins in 2020 as CEO.

The launch of @WordPress & @WooCommerce plugins and @MagentoMP Integration follows.
👇
3/
 Their expansion continues with the HOLD app launch, the @Shopify custom payments app and @Utrust Invoicing Solution released in 2021.

@MultiversX #ElrondNetwork acquires @UTRUST on Jan 11 2021 and it’s all over the news:

elrond.com/blog/elrond-ac…

👇
4/
 A new era begins, with new tokenomics, the UTK token on @MultiversX and new milestones achieved, including the “PlanB crypto zone in Lugano”


Finally, we have @XDayParis event where the rebranding to xMoney is being announced.

👇

#ElrondNetwork $EGLD
5/ How does it work?

@UTRUST, once integrated in merchant’s website, allows buyers to use #crypto for transactions.

It converts crypto into fiat and once the purchase is completed, the fiat money is held in escrow (a contractual agreement) and is only released...

👇
6/
 ...after a short holding period (pending a dispute in the transaction).

The seller receives the payment in fiat currency which he can withdraw or convert to other #cryptocurrencies.

Such digital revolution brings adoption for @MultiversX at worldwide scale. 🌎

👇

$EGLD
7/
 There is so much more to say about @UTRUST, future #xMoney and we look forward to the new milestones they will be achieving.

As it is a great #MultiversXBuilder, we have added it to ElrondBuilders.com at:
elrondbuilders.com/projects/view/…

Let's build together on @MultiversX ⚡️🛠️

• • •

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More from @Elrond_Builders

MultiversX Builders (previously Elrond Builders) Profile picture
Jan 4
1/
 @uPark_network is on a mission to create a sustainable mobile parking reservation #dApp for areas with high concentration of cars by improving visibility and guaranteeing parking availability across Europe.🇪🇺

Let’s see how they achieve this using @MultiversX #Blockchain

🧵👇
2/
 Founded by @JakubSm_BCT & his team, the core of @uPark_network is the $UPARK token and the $LKUPARK (Locked-UPARK) token, the one received during pre-sales.

The $LKUPARK has limited transferability programmed via 3 #smartcontracts: #Swapping, #Vesting & #StakingRewards 🤯

👇
3/
 There is also the uPark Genesis Pass (UGP) NFT collection ticker: UGP-e71806

And a lot more details on their Whitepaper (a new version TBA soon) and on ElrondBuilders.com, where we added this project at:
elrondbuilders.com/projects/view/…

Let’s build together on @MultiversX⚡️🛠️
Read 4 tweets
MultiversX Builders (previously Elrond Builders) Profile picture
Jan 2
1/
 Happy New Year, #MultiversXBuilders 🥂

What is your resolution for 2023? 🎯

Ours is to spotlight as many Builders from #MultiversX as possible and see their projects becoming successful!

Let’s start the year with a project spotlight @ZoidPay 🌊🌊🌊

🧵👇

#ElrondCommunity Image
2/
 Led by @eduardoneci, @ZoidPay joined @MultiversX last year, moving from @TomoChainANN #Blockchain.

The $ZPAY tokens have been migrated as well.

They partnered with @kadena_io @Fetch_ai and within @MultiversX with @sense4fit @ProteoDefi @itheum @BlackHatNetwork & more.

👇
3/
 They launched a #Chrome Extension which lets one shop from over 100M merchants across the world.

Then, “The Zoidsters”, an NFT collection of 1001 NFTs sold in minutes, reaching over 6000 $EGLD in volume.📈

And $75M investment commitment from GEM digital was announced. 🤯

👇
Read 4 tweets
MultiversX Builders (previously Elrond Builders) Profile picture
Dec 20, 2022
1/
 @sense4fit aims to revolutionise the #Wellness Industry via a #fit2earn project on the @ElrondNetwork #MultiversX⚡️

They are helping their users to discover and maintain an active & healthy lifestyle using #Blockchain technology & their mobile app📱

Prepare for action! 🧵👇
2/
 The @sense4fit project is led by @AntonioEnache1 @mindru_ and a great team👇


Incubated via @BHeroLaunchpad by @BlackHatNetwork was a 🧨success. The NFT Legendary Collection sold-out in 7 mins & the $SFIT token oversold to $1.8M ($580k allocation)🤯

👇
3/
 Their mobile app, available on Android & iOS, connects to @getMaiar wallet, uses their NFTs, rewards $SFIT token depending on challenges & more🔥

The $SFIT token can be staked to 4 staking pools with different APR rewards and is listed on @BitMartExchange & @MaiarExchange

👇
Read 4 tweets
MultiversX Builders (previously Elrond Builders) Profile picture
Dec 3, 2022
1/
 @HorizonIabs released an excellent guide on how to create #NFTs with on-chain attributes, which will become the next level for NFTs 🔥

Currently, the NFTs collections are using off-chain attributes, stored as a string of data in the .json file, the so-called “traits”.

🧵👇 Image
2/
 NFTs involving on-chain attributes are the ones used in games, staking etc.

Using NFTs with off-chain attributes for such use cases implies a lot more work for #Blockchain #Devs.

@HorizonIabs guide comes very handy for #Builders who consider creating NFTs for such use-cases.
3/
 The guide provides explanations, examples and reference to open-sourced #SmartContract, that can be tested and used for further development.🔥

It also raises a challenge for the NFT marketplaces to level-up the use and display of NFTs with on-chain attributes.📈

#MultiversX
Read 4 tweets
MultiversX Builders (previously Elrond Builders) Profile picture
Nov 29, 2022
1/
 @itheum is a decentralised data brokerage platform to own & trade data in the #Metaverse, by transforming it into tradable assets @ElrondNetwork #MultiversX ⚡️

It is supported by @Morningstar_vc Ventures' Elrond Dubai Incubator & was a Gold Partner @XDayParis Event.

🧵👇 Image
2/
 @ThisIsMarkPaul & @onePraveenPaul, together with a great team of Builders developed tools to bridge high-value data from #web2 to #web3 & trade it via #P2P.

On @ElrondNetwork they are building Data NFTs, Data Coalition DAO, NFMe IDs, GreenRoom & their native token $ITHEUM

👇
3/
 Data NFT is a set of data that can be minted as an NFT and traded in secondary markets.

Data Coalition DAO allows selling data in bulk, stake it or farm it to earn value.

GreenRoom Protocol is a data interoperability layer to enable cross-metaverse avatars & gameplay.

👇
Read 4 tweets

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