In the exciting world of crypto, the Metaverse has emerged as one of the hottest trends. Embracing this wave, MultiversX, formerly known as Elrond, has taken the lead and showcased their vision at the recently held xDay 2023 event in the Palace of Parliament, Romania.

As day two of the event unfolded, the MultiversX team, led by Beniamin Mincu, made a significant announcement that caught everyone’s attention. The company revealed a strategic partnership with none other than tech giant Google. This collaboration aims to drive the widespread adoption of Web3 and further expand the MultiversX ecosystem.

During a conversation with Daniel Rood, the Head of Web3 EMEA for Google Cloud, both parties expressed their shared challenges in reaching billions of users and delivering innovative solutions. Mincu emphasized that the partnership with Google will play a pivotal role in accelerating the adoption of the MultiversX network.

To solidify their collaboration, Google Cloud revealed their commitment to support MultiversX through four essential pillars. Notably, the data running on the MultiversX platform will be seamlessly integrated into Google Cloud infrastructure, offering an additional layer of security to the blockchain.

MultiversX has been on a relentless mission to provide users and developers with a secure and scalable infrastructure. In the past two years, the company successfully implemented a sharding architecture capable of handling over 100,000 transactions per second. This partnership with Google Cloud represents another significant step towards achieving their goals.

Expressing great enthusiasm for the collaboration, the MultiversX CEO stated, “We are excited to unveil this collaboration as part of a strategic plan meant to expand our ecosystem and bring significant opportunities for users and developers.” Mincu went on to highlight the immense growth potential of MultiversX and the invaluable contribution that Google Cloud’s products and services will make to their journey.

On the stage of xDay 2023, Beniamin Mincu further emphasized their role as the driving force behind the MultiversX ecosystem. As a testament to their commitment, Google Cloud will not only extend financial aid but also create spaces like hackathons to pave the way for developers to benefit from this dynamic partnership.

In an exciting development, the event also featured a hackathon where the community had the chance to win $1 million in prizes and additional funding. Daniel Rood of Google Cloud’s Web3 division added, “There are exciting opportunities to enable Web3 developers to build and scale faster, and as we explore new verticals within the space, our partnership with MultiversX will allow us to expand our strategy, solidifying our position as one of the main innovation drivers in the blockchain world.”

As we look towards the future, it’s clear that the partnership between MultiversX and Google Cloud heralds tremendous possibilities for Web3 adoption and growth. The applause from the community during the xDay 2023 event speaks volumes about the excitement surrounding this collaboration.

With MultiversX as the engine powering the ecosystem and Google Cloud’s expertise and support, the journey towards a thriving Metaverse-driven future takes a giant leap forward.

Disclaimer: The information provided in this research report is for informational purposes only and should not be interpreted as financial or investment advice. The NFT and cryptocurrency market is highly volatile, and readers should conduct thorough research before making any investment decisions.