MultiversX is my favorite blockchain and I’d almost conceder myself

a MvX maxi since I’ve invested so much into this ecosystem, but I’m puzzled why MvX seems to struggle attracting new money. I keep hearing people say it’s the Teams fault for not paying for advertisements. Do we really think that’s it? I mean I think word of mouth is a powerful tool that can go beyond advertising. What do we think is the root problem that doesn’t attract new money?

Quick flips and uneducated investors

current market situation people have the false sense that others do a lot better, when in fact everyone has the same struggles

Can I answer this without getting banned?

MultiversX has attended dozens of events this year alone. They run twitter advertisements in multiple languages They run many contests with hundreds and thousands of participants which create viral educational content Their guardian Feature was reported by over 60 news agencies They are LITERALLY IN A MOVIE! I THINK THIS IS A FIRST? Has ever been a cryptocurrency been in a movie? I think we do fine in marketing. It's just the bear market. 99% of chains don't attract new money.

I think we forget It’s a new project compare to a lot of other projects egld is focusing on the development rather then creating a pump and dump coin with time you will see it’s worth

And to attract new liquidity literally just means rising prices.

I’m not going anywhere, I think MvX is an awesome blockchain. I doubt an old Elrond sticker was purposely put into the shot.

I am not sure if that's the final version of the movie either.. i mean you can always edit it yk

There will be a public announcement for the film from MultiversX team?

I think the main problem is interoperability. Ecosystem is too closed. That applies to investments that MVX get also, 40m dollars for ecosystem growth is too little. More like a regional (balkans) company as far as I could read. There is also 100m dollars TEAM invested in improbable company(look it up, it's huge, british government security contractor etc.) which is very exciting for me. I believe metaverse development part of the blockchain is on them, Xworlds. MVX is here to stay for sure, but attracting private investors, funds, big players is what the team is lacking IMO. Compared to competitors, we are way behind. It's not about time, MVX mainnet is here since July 2020. We should have been competing on usage, new wallets created, TVL.

in what areas are we way behind?

I just wrote some of them 🙂

some concrete numbers and examples would be helpful

You should do your own research, comparisons. check defillama for example. our competitors. active users, protocols numbers, TVL, total wallets, how many wallets do they add daily etc. There are so many indicators, not just defillama but in general.

I think in terms of TVL we just got a massive boost and overtook many of our competitors 😁 But in numbers of wallets and DAU i agree

Hatom was the big boost so far 💪💪 Nothing wrong to point out where we lack of. Heavily invested in the ecostystem 😉 Not all is bad, I just pointed out what is less 😄

I think it’s that we’re still in a bear market, BTC and ETH is mostly what newbies hear about. When I was getting started that’s what I started with. Then I heard about this Maiar App and tried it out after keeping my BTC and ETH in cold storage. Anyway I tried this app and my mind was blown, I sold my small amounts of BTC and ETH and put into EGLD because I thought this is the next big tech company the user experience was beyond anything I had tried at the time and my thoughts were if this team is putting out this great product then sky’s the limit! When it comes to blockchain experiences I think MVX is the best. I think in due time people will come to know about MVX once they begin to understand that BTC and ETH are simply about blockchain technology and the best tech and UX will set the stage once blockchain becomes mainstream which we’re far from that.