Materia Prima

Tactical Role Play Game | Strategic Battles | NFT Integration |

[Materia Prima @MateriaPrimaRPG]

@SMARUGON @unity yes plz 😆

[Materia Prima @MateriaPrimaRPG]

Hey @unity
We want to onboard a new team member but your essentials pathway is down.
Error 404

Bringing it back up?

[Materia Prima @MateriaPrimaRPG]

@MicInFlames_ @DeFiFUDDestroy @CathenaKnights @JoaquimTirach great space
Thank you for hosting 🙏

[Materia Prima @MateriaPrimaRPG]

Join us tonight for a X space hosted by @MicInFlames_

Cu there 😎

[MicInFlames @MicInFlames_]

Mic in Flames Educational Series - Season 2 Ep. 1 is set for tomorrow!

As always, every episode of Mic in Flames is stored as @itheum's DATA NFTs, available on @MultiversX and @Solana.

Who’s joining and when? It’s all in the banner ⤵️

[Set Reminder]
https://t.co/r4KF2RMD8A

[MicInFlames @MicInFlames_]

Mic in Flames Educational Series - Season 2 Ep. 1 is set for tomorrow!

As always, every episode of Mic in Flames is stored as @itheum's DATA NFTs, available on @MultiversX and @Solana.

Who’s joining and when? It’s all in the banner ⤵️

[Set Reminder]
https://t.co/r4KF2RMD8A

[Materia Prima @MateriaPrimaRPG]

@layer2_insider @taikoxyz Great projects in a great ecosystem ❤️

[Layer2 Insider @layer2_insider]

🎮 Game on, @taikoxyz fam!

🌐 Jump into the #Web3 gaming ecosystem on #Taiko to enjoy wonderful moments and make money simultaneously!

#Taiko #TKO #GameFi

[Materia Prima @MateriaPrimaRPG]

That is great content 💪
Thank you @DBCrypt0

[DBCrypto @DBCrypt0]

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

[Materia Prima @MateriaPrimaRPG]

Here you can mint the limited collection until Dec 31st

👉 https://t.co/4UKmo9tRVl

[Materia Prima @MateriaPrimaRPG]

✚✚ Alpha Mint Ends Dec 31 ✚✚

Thank you for your great support 🙏

Now is your last chance to join!

Unlock exclusive perks, and secure future airdrops. 🪂

We have a lot planned for 2025 👀

[Materia Prima @MateriaPrimaRPG]

Congratulations guys!

What could that mean for holders of our Alpha Mint Collection? 👀🤔
🪂🪂🪂🪂

[SuperVictor Universe @SVictorUniverse]

We’re excited to announce the creation of the following $VICTOR liquidity pools:

🔹 @JEXchangeDefi :

$VICTOR - $swTAO
$VICTOR - $JEX
$VICTOR - $sEGLD

🔹 @xExchangeApp :

$VICTOR - $USDC
$VICTOR - $wBTC
$VICTOR - $wETH

+ farm pools 👀

Enable Swap Coming Soon!

Stay tuned, swaps will be enabled shortly.

Don’t miss out on what’s next!

📖 Detailed Article Coming:

We’ll soon release a Medium article explaining the reasoning behind these pools and how they align with our vision for SuperVictor Universe.

[Materia Prima @MateriaPrimaRPG]

@Manu_Sounds Merry X-Mas Manu! Enjoy the day

[Materia Prima @MateriaPrimaRPG]

Merry Christmas everyone!

#Xmas #Christmas #web3gaming #nft #MultiversX

[Materia Prima @MateriaPrimaRPG]

@gorea_98 Merry X Mas Constantin!

[Materia Prima @MateriaPrimaRPG]

@Cryptosound89 Merry Christmas buddy ☺️

[Materia Prima @MateriaPrimaRPG]

@alin6roman Merry X Mas Alin!

[Materia Prima @MateriaPrimaRPG]

@Angroband Merry X Mas

[SuperVictor Universe @SVictorUniverse]

We’ve sent 40000 $VICTOR tokens for our friends from @MateriaPrimaRPG to spread the token of victory to their entire community ! 🦸🏼

Enjoy 🚀

[Materia Prima @MateriaPrimaRPG]

@Polkadot Building 😎

[Multiversᕽ @MultiversX]

Let the growth games begin 🎬