MultiversX launches xPortal Super App to mix digital finance with chat

Rick Steves

“The xPortal Super App is an instrumental step on our mission to build the backbone for a new digital financial system that spans across the physical and the metaverse world.”

MultiversX Labs has announced the launch of the xPortal Super App to reimagine digital finance, AI avatars, chat, and opening Web3, offering a new perspective on the way we experience the digital world.

The xPortal Super App allows users to easily send and receive money, crypto and NFTs, make payments, use a debit card, track investments, and explore the financial, crypto, and NFTs ecosystems.

In addition, the app developed in Sibiu, Romania provides a secure and private environment for users to create AI avatars and interact with friends.

“From a distant vision of the future, into a reality today”

Beniamin Mincu, Chief Executive Officer at MultiversX Labs, said: “The xPortal Super App is an instrumental step on 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”.

Sergiu Biris, Head of Product of MultiversX Labs, said: ”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.”

Goal is to onboard 1 billion users

The app serves as a gateway to a vast array of apps and metaverse experiences, with a digital App Store at a user’s fingertips. xPortal Super App was built on top of its first iteration which gained over 1.1 million users in just over a year.

The mission: to onboard 1 billion users to a new set of fun and useful services, experiences, and applications, making digital finance, Web3, and the Metaverse accessible and easy to use by anyone, anywhere.

Read this next

Digital Assets

Big Time Generates over $100M in Revenue since Preseason

Innovative game developer Big Time Studios announces that its highly anticipated free-to-play multiplayer action/MMO RPG Big Time, has generated $100M in revenue. According to the team, players transacted a total volume of over $230M, without selling a single token.

Digital Assets

Centralized exchanges are 10 times more popular than DEXs in Western Europe

Western European traders are found to prefer centralized exchanges over decentralized ones as CEX traffic outpaces DEXs by a factor of ten.

Market News

Stock Market Analysis: Is NVDA Losing Its Leadership?

Since the beginning of the week, the S&P 500 Index (US500) has seen a modest increase of about 0.58%, whereas NVDA’s share price has experienced a decline of approximately 3.8%. This recent divergence raises concerns among Nvidia stock investors — could it signify a loss of NVDA’s market leadership?

Industry News

ESG: Australian regulator wins first greenwashing court case against Vanguard

Vanguard admitted that a notable portion of the securities within both the Index and the Fund did not undergo the promised ESG scrutiny.

Fintech, Uncategorized

BitMEX integrates HALO from Solidus Labs for cross-market surveillance

“The recent approval of the Spot Bitcoin ETF has piqued the market’s interest. As a result of price volatility, the trading volumes for crypto derivatives have gone up substantially. HALO, with its advanced technology and crypto-native detection architecture, will enable BitMEX to smoothly and safely scale trade surveillance across its increased trading volumes and provide the necessary safeguards for new product launches.”

Reviews

IUX Broker Review

IUX, recently rebranded from IUX Markets, stands as a multi-asset Forex broker recognized for its regulatory compliance across various jurisdictions.

Industry News

Horizon Software rebrands to Horizon Trading Solutions

“Horizon Trading Solutions has seen accelerated global growth over the past year to meet the rising demand for our trading solutions and built-for-purpose technology offering. The choice to rebrand represents a key part of this development, while maintaining our heritage and history in the industry.”

Market News

USDJPY has surged to levels last witnessed in 2022. Should we consider opening a short position?

The recent resurgence of the US dollar has propelled USD/JPY to new heights, touching levels not seen since 2022. This surge comes against the backdrop of stable short-term yields and ongoing economic data that fails to signal a significant slowdown, prompting questions about the extent of current monetary easing measures.

Digital Assets

DED Trends on Twitter After Memecoin Snapshot Announcement

Polkadot-backed community coin #DED, made it to the trending charts on X, demonstrating community’s engagement and interest behind the memecoin. 

<