XSnipe | MultiversX

Eight months have passed since the launch of the second version of the XSnipe.me whitepaper and it's time for a self-assessment, primarily focusing on the progress made in following the roadmap steps. A thread 👇👇 @MultiversX @Gnogen @ElrondApes #MultiversXNFTs

Supernova ❤️🔥

@xPortalApp XSnipe 🎯

Let’s play a game. Open xPortal, go to Discover, pick the first dApp you see, and tag it 😏

This is exactly how I look after keeping @XoxnoNetwork alive through the market crash on less sleep than any human should survive. If we ever crawl out of this chaos and someone says “he just got lucky”…I’m going full 🥜 mode. If we don’t… well, this tweet will age beautifully 😅😂

Building a simpler marketplace than OOX is really complicated. oox.art

@xSylla_ @mariusbedreag This looks fantastic. well done! 👏

🚨 A new NFT tool just dropped on VibeOX: What' s The Art ? Explore any MultiversX collection like never before! Type a ticker or click a featured one to dive into the full visual universe. Filter by traits. Instantly see all matching NFTs.

Wow! 🤯

Let's make it short - xPortal: from a MultiversX wallet to a multi-chain wallet 👛 @xPortalApp is designed as a gateway to the #MultiversX ecosystem and the $EGLD. 🪙 The $EGLD is integrated with on/off-ramps, dApps and gamification elements. Main features: ⭐️ Attractive UX (not sure) ⭐️ Native on/off-ramps ⭐️ Access to dApps (of course) ⭐️ Crypto cards (wen IBAN?) ⭐️ 2FA on-chain security (cool) 🎯 The aim is therefore to attract users of other blockchains, as with the campaign to promote the @berachain blockchain (meme creation contest, referral, use of xPortal...). Of course, @sergiubiris attacks those who complain and do nothing (typical of the core-team, we're used to it). 🪂 Announcement of an airdrop of the new xPortal token for active users. Do you think users of other blockchains will adopt xPortal? Has this already happened?

excited to be in Washington DC 🇺🇸 for the Crypto Ball — a gala honoring @realDonaldTrump’s inauguration, celebrating American innovation and the new administration's bold, crypto-friendly vision. Hosted by David Sacks, the Crypto Czar, and bringing together some of the brightest builders, doers, and shapers.

The XSnipe team wishes you a Happy New Year and all the best for the year ahead! Warm regards!

I just found some screens of my old NFTs on #MultiversX : NOSTALGIC !😔 I miss the good old days when we had quality NFT projects that sold out in 30 seconds. The hype around certain collections was just incredible! You'd list your nft on eMoon or trustmarket (old version of @XoxnoNetwork ) and it would sell out in a second. 💨 I can't wait to rediscover this feeling with @boogas mint…💎 Few…

MultiversX is arguably one of the most advanced chains in all of Web3 But just like any chain, protocol, or team, it is not perfect and has its flaws Let’s go over some of them while also highlighting the chains strengths: 🔹 Comparitively slow transaction speeds Currently cross-shard txs require additional blocks to confirm a tx and block time is 6 seconds This can lead to cross-shard txs taking upwards of ~45 seconds Far from ideal and what many expect in Web3 now Thankfully a solution is coming soon that puts Tx time on par with many of the fastest Sadly most of the information regarding this as well as timelines come from random tweets or comments and not official announcements or documentation See part about transparency below ⬇️ 🔹 Lack of community driven governance Yes, MultiversX has on-chain governance but it is not easily possible for anyone to submit a proposal There is no clear documentation or method for doing so which can be argued that it’s not actually live It is also said that the website won’t support or show community created proposals 🔹 Nakamoto Coefficient of 9 This is very nuanced since MultiversX is arguably one of the more transparent chains in this regard The team still has 430 nodes which is slowly decreasing and is still far better than many chains considering total node count is currently 3216 NC is also an imperfect metric but it needed to be mentioned either way 🔹 The team/protocol controls the primary tools The primary/only wallet is @xPortalApp which is arguably the best wallet in Web3 But it is created/owned by MvX Same for @xExchangeApp and the Explorer Both amazing tools with some of the best UI/UX in Web3 But still ‘controlled’ by the team 🔹 Lack of solid APIs The majority of the ecosystem uses a free and public API provided by the team or foundation This has led to issues with throughput during certain events Info in how this will be alleviated is lacking 🔹 Very little or limited funding? This has a question mark again due to lack of transparency mentioned below It is no surprise to most that despite being a tech marvel the chain is still relatively unknown Whether that is because of the rebrand from Elrond, the apparent lack of marketing in the past, or not being a VC chain is anyone’s guess Probably all of the above to an extent Even without clarity though it can be seen that the team doesn’t throw around millions on hackathons, grants, ambassador programs, etc. that you see from many of the heavily VC controlled chains So funding does seem to be an issue possibly 🔹 Poor communication The community is constantly asking for more transparent communication We have seen nice strides in this over the past year with @fullshardpod and more townhalls/events The community still craves much more and we have been told it is coming so we will see 🔹 Lack of transparency This goes hand in hand with the last one Unclear or inconsistent communication can lead to a lack of transparency But this also goes for the state of MultiversX, the foundation(other than in name I didn’t even know we had one and still know nothing about who runs it or how it is run🤷‍♂️), and the team size or composition It has been mentioned the team is over 200 people but knowing the names, functions, departments, etc. of these individuals would be great This also pertains to capital and funding Foundation funds or Treasury funds, if there are any, are very unclear and this has been brought up recently so hopefully we will have more clarity soon Having quarterly financial reports would be amazing and it was mentioned it is coming Hold them to this 🔹 Incomplete Documentation When it comes to things such as MEV avoidance we have been hearing about for years but have no written info regarding it Or transaction selection for leaders, priority fees, governance, and more Various info can be pieced together from Agora and Twitter posts but solid documentation is lacking for many features and implementations Documentation is also lacking regarding legacy staking but that’s for another day Much of this comes down to lack of transparency though and is hopefully a priority since it has many in the community on edge and understandably so But as mentioned earlier in this post, no chain is perfect Far from it in fact and the tech foundation that the team has put in place is in a league of its own Taking everything above into account, I can make a strong case for MultiversX being one of the best L1’s in Web3 if not the best I will do that in a followup post but for now it is good to know and understand the weaknesses as well I hope this was helpful

We have just created our first WARP and are very excited about the potential of this new feature. 🔥 usewarp.to/XSnipe It could be a catalyst for MultiversX blockchain adoption! @michavie_ @DBCrypt0 @beniaminmincu @SasuRobert

Keep an eye on $EGLD @MultiversX ! 👀

Awesome catch! 😍

The best time for this to come. Easy. You are a few clicks away from owning digital assets.

📢 JUST IN: $BOBER IS THE FIRST MEMECOIN AVAILABLE FOR NATIVE ON-RAMP ON XPORTAL. YOU CAN NOW BUY BOBER WITH FIAT ✅ @xPortalApp ⏳ @moonshot ⏳ @binance

Don’t hate the messenger

Are we going to use @zontixapp in Seoul for xDay Global 🤔? @beniaminmincu we will have to actually explain them that everything runs on chain, maybe they are not used with this level of abstraction that @MultiversX can offer 🔥

It's impressive what you've managed to build. The marketplace looks fantastic, and it's clear there's a lot of hard work behind this project. Congratulations, and keep up the great work!