Tech Startup MultiversX launches xPortal, the first ‘Super App’ to reimagine digital finance, Web3, and metaverse experiences

Fresh off its recent rebranding in November, metaverse-focused blockchain startup MultiversX today announced the launch of xPortal, a “super app,” that combines powerful elements of digital finance, artificial intelligence (AI) avatars, and chat functionality into a compact mobile interface to open a new world of Web3 and Metaverse experiences to everyone. This launch is one of MultiversX’s most ambitious product launches to date.

The news comes less than four months after MultiversX announced it was shifting its focus on the metaverse with the introduction of three new products aimed to help metaverse creators and users. The launch marks a significant step forward in the evolution of digital finance and the Metaverse, as xPortal Super App offers a new perspective on how we experience the digital world.

The xPortal Super App is the first of its kind to offer a suite of incredible features that seamlessly integrate financial services with social experiences, allowing users to send and receive money, crypto, and NFTs, make payments, use a debit card, track investments, and explore the financial, crypto, and NFT ecosystems with just a few taps or simple messaging. In addition, xPortal Super App allows users to personalize their experience by creating cool AI avatars, enabling interactions and messaging with friends, all within a secure and private environment.

“The xPortal Super App is an instrumental step in our mission to build the backbone for a new digital financial system that spans across the physical and the metaverse world. Our ambition is that everyone, no matter where they are or what their background is, should have easy access to secure and efficient financial services that can help them achieve their goals and live their best lives. All this becomes available today,” Beniamin Mincu, the CEO of MultiversX Labs, said.

Mincu also took to social media to announce the launch. “T – 6 days. @xPortalApp marks a turning point. A SuperApp for digital finance, chat with friends, cool avatars, Web3 apps, and the Metaverse experiences. A new chapter for the @MultiversX & #EGLD realm is about to begin,” Mincu tweeted.

https://twitter.com/beniaminmincu/status/1628311257622126593

The xPortal Super App is also a gateway to a vast array of apps and metaverse experiences. With a digital App Store at your fingertips, users can explore the latest and greatest Web3 apps and visit new Metaverse events and worlds, each with their unique and exciting benefits and experiences.

MultiversX Labs Head of Product Sergiu Biris also explained: “xPortal’s ability to make Web3 and the Metaverse accessible to any smartphone user in the world shifts the entire conversation around all-accessible digital experiences from a distant vision of the future into a reality today.”

The xPortal Super App serves as a gateway to a diverse range of apps and metaverse experiences and unlocks a world of possibilities. With a digital App Store at your fingertips, you can explore the latest and greatest Web3 apps within your reach, and discover new Metaverse events and worlds, each offering unique and thrilling benefits. With xPortal, you can explore, connect and create like never before.

The xPortal Super App builds on its first iteration, which gained over 1.1 million users in just over a year, and was first demoed last November at xDay in Paris. Its mission to onboard one billion users to its services and experiences is a testament to its ambition to make digital finance, Web3, and the Metaverse accessible to everyone, regardless of their location or background.

Overall, the xPortal Super App is an exciting development in the digital world, offering users a new way to experience digital finance and the Metaverse. With its innovative features and easy-to-use interface, the xPortal Super App has the potential to transform the way we interact with the digital world.

Formerly called Elrond, the blockchain startup rebranded itself to MultiversX late last year to signal a shift to the metaverse. MultiversX said that it will continue to build on the remarkable success of the Elrond Network, technology, community, ecosystem, and Web3 integrations built on its prior work as a layer 1 blockchain.