xDay 2023 recap: Key highlights, partnerships, and more

xDay 2023 is a premier event highlighting the important developments in Web3, Artificial Intelligence, and Metaverse. The most recent event lasted three days, starting on October 19, 2023, and ending on October 21, 2023. It was hosted in Bucharest, Romania. The key takeaways of the event are out now.

Day 1 saw the development, delivery, and execution of products. This includes xExchange, xWorlds, xFabric, and xPortal App. The objective behind launching these products is to foster the construction of projects and fuel their adoption, making sure that they are near-instant when it comes to marketing the product.

Day 1 of the event also saw imperative updates, upgrades, and developments to the products mentioned above.

It is based on how well Hatom Protocol and Ash_Swapteam perform. While Ash_Swapteam is bringing perpetual markets to the ecosystem, Hatom Protocol is bringing the cross-chain platform Soul to the table.

The first day was followed by the second day when partnerships ruled most of it. MultiversX explored and cemented its association with the likes of Google Cloud, AWS Cloud, and Deutsche Telekom AG. This is not the first time these ventures have entered into a partnership. It is a great move by MultiversX to join hands with those with experience handling operations.

Moreover, these partnerships bring opportunities for more development in the ecosystem and support for infrastructure along with Web3 gaming.

The third day saw speakers light up the stage. This brought personalities like Pomp, Harman Narula, Alex Tabarrok, and Sebastian Burduja. They covered the topics of innovation and trends in the sphere, with the maximum crowd being attracted to their content. Speakers hailed from a variety of backgrounds including, but not limited to, Web3, tech, and government.

Next, the community came face to face with the evolution plan for MultiversX. It was delivered by Robert Sasu. The aim of the evolution plan is to push the boundaries of innovation with speed and scalability. Another keynote made during the event was about building a bridge to the ecosystem.

Integration of $EGLD was also placed on the table. The goal is to provide interoperability.

The ecosystem noted success after the conclusion of one of the leading AI hackathons, CodeMultiversX. It was found that many builders participated in claiming the available prizes worth $1 million.

The ecosystem has now integrated Debit and Credit Cards. Anyone who attended the hackathon received their respective copy of the xDay Card. This makes the holders the first phase of users, with many more to be onboarded in the days to come.

Finally, the credit for the event’s success has been handed over to the team for organizing an event that is now being called seismic.

The event is all set to make a comeback in 2024. Dates have not been announced yet, but it is a surety that MultiversX will bring back the event in the next year.

Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

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