New cryptocurrencies spring up seemingly every week. Launched in the last few years, MultiversX isn’t your run-of-the-mill token – it features adaptive state sharding and secure proof-of-stake protocols. On this page, we’re going to explore these topics, look at MultiversX in general, and decipher whether it is a good match for gambling at cryptocurrency casinos. To begin with, let us say that it certainly can be found at selected crypto-gambling sites, and we’ll begin by introducing you to some of the better MultiversX casinos below. These top-rated sites include:
MultiversX (EGLD)
MultiversX began life back as Elrond in 2020. In November 2022, it rebranded as the name it goes by today – MultiversX. However, the crypto token associated with this cryptocurrency still uses the same initials and game – EGLD. As its name suggests, this crypto is heavily invested in the metaverse. We can debate the merits (or folly) of that at length but on another platform. Let us just say that MultiversX has products for this market, including xFabric, xPortal, and something known as xWorlds.
Of course, we’re more interested in the cryptocurrency itself. It stands out because it offers adaptive state sharding and secure proof-of-stake. Adaptive state sharding involves splitting the infrastructure behind the blockchain to better support programs and process payments. Meanwhile, the consensus mechanism (SPoS) syncs separate network components into one ledger.
The token itself, EGLD, is widely available, even if it isn’t quite as large as you’d ordinarily like to see at cryptocurrency casino sites. The hope is that it will grow to tackle giants such as Ethereum, but we’re quite some way off seeing that yet.
Let’s be clear about this – MultiversX casinos are nowhere near as common as conventional crypto casino sites, such as Bitcoin casinos or Ethereum casinos. However, the cryptocurrency aims to be and wants to change that. For the time being, though, and without substantial growth, a typical MultiversX casino can best be defined as a crypto gambling site that accepts many different currencies, one of which will be EGLD. There aren’t too many of these sites around, but we’ve picked the cream of the crop for you on this page.
Typical cryptocurrency casinos that accept EGLD will generally support all manner of games. It isn’t uncommon to see sites supporting thousands of gambling games from dozens of software providers, some of which will include slots, table games, live casino games, and even crypto-specific options. However, because EGLD is a smaller-scale crypto coin, your deposit will most likely be converted into another option for gameplay, which is exactly why many MultiversX casinos also tend to accept other digital tokens and coins.
Looking for the benefits of playing with EGLD at MultiversX online casinos? Here are the key things you need to know:
One of the key advantages of choosing to play using EGLD is that you get the same benefits as you’d expect with similar-sized cryptos. Without being too technical here, we can say that, like many other cryptos, MultiversX supports low fees, high scalability, and fast transaction speeds and has a dedicated community behind it. These are all the hallmarks you want to see in a cryptocurrency.
At around $30 to $50 per token, MultiversX is considerably more affordable for first-time entrants into the world of cryptocurrency gambling. It has a smaller ratio than BTC and other major options, making it easier for newbies to understand how much they are betting when playing limited games with EGLD at online casinos.
There are a few disadvantages associated with MultiversX, too. In a bid to be transparent, we’ve detailed two of the key ones below:
While there is a dedicated community behind MultiversX, the exact roadmap the cryptocurrency plans to take going forward isn’t very clear. This makes it tricky for investors and users to get a good idea of what its future will hold.
Many crypto users believe in decentralized currencies and digital payment options but aren’t big fans of the metaverse. In fact, we’re already seeing clear signs of the metaverse failing and being deemed an epic flop. For us, MultiversX has too much baggage and is too closely tied to the metaverse, leading us to wonder whether it is wasting time and effort flogging a dead horse when it should be more focused on optimizing its crypto coin and blockchain for transactions alone.
Don’t just sign up for any MultiversX online casinos accepting EGLD. You can afford to be picky. For instance, we recommend choosing crypto casinos that offer the following features:
If you’re not sure where to begin, allow us to introduce you to some tried and tested MultiversX casinos. Each of these EGLD online casinos can be trusted and comes highly recommended by the team here at BTCGOSU:
As with any cryptocurrency, you can’t gamble at online casinos until you have first acquired EGLD. Below, you’ll find the steps that enable you to do that with ease. Here’s what you need to do:
MultiversX has a decent thing going, but it is not difficult to see where things could go wrong. If you’re not big into the metaverse or simply want a cryptocurrency that does have its fingers in too many pies, then MultiversX may not be for you. However, if you’re interested in expanding beyond the conventional digital payment sphere, then EGLD and its blockchain may just tick your boxes for gambling online.
Like all Evoplay releases, this one is also available for demo play on this company’s website. Head there, open its games page, and track down Mary’s Mining Mania. Once you do that, you will see a Play Now button on the section of the Evoplay website dedicated to this game.
Yes, you can. Search for such streams on Kick or other streaming hubs with nothing against gambling streams. Tracking down Mary’s Mining Mania streams on Twitch will not be easy. But it is possible, given that this title also gets hosted at fiat sites regulated by country-specific bodies.
According to the product sheet spec issued by Evoplay, the top win in Mary’s Mining Mania is one million dollars, or €750,000.