k-ID Named to TIME's Best Inventions of 2025 for Privacy and Security
ByAinvest
Thursday, Oct 9, 2025 11:43 am ET1min read
EGLD--
The current market value of EGLD, as of October 3, 2025, is $14.25, down 41.31% year-over-year and up 1.68% in the past 24 hours, with a market capitalization of $408.65 million . The proposal has sparked controversy, with critics arguing that the increase in inflation rate and the low burning rate deviate from industry standards. Justin Punes, founder and director of Sipran, an encryption fund in Europe, has expressed his concerns about the proposal, although his opinion was not accepted by other speakers at the event [1].
The main developer of the Multiversx Foundation, Robert Sassu, has publicly commented on the proposal, stating that "No one talks about the increase in the offer" [1]. The proposal aims to stimulate growth and attract liquidity, with 90% of the fees going to developers to encourage innovation and the remaining 10% being burned to control inflation [1].
The controversy over the proposed changes highlights the ongoing debate within the blockchain industry regarding economic models and their impact on the value and stability of cryptocurrencies. The decision to increase the supply cap could have long-term implications for the Multiversx project, potentially affecting its market position and regulatory compliance [1].
k-ID, a global compliance platform, has been named one of TIME's Best Inventions of 2025 for Privacy & Security. The recognition underscores k-ID's mission to make online experiences safe and age-appropriate for children and teenagers while helping platforms meet complex regulatory requirements. The accolade follows the launch of AgeKit, k-ID's universal age API that adapts to evolving regulations and enables platforms to provide safe experiences for young users worldwide.
Multiversx, previously known as ELROND, has proposed a significant change to its economic model by suggesting the removal of the EGLD supply cap. The proposal, presented at the official event "The Foundry" on October 3, 2025, aims to increase the annual tail enlargement by 9.47%, effectively breaking a multi-year promise of maintaining a fixed supply of 30 million EGLD [1].The current market value of EGLD, as of October 3, 2025, is $14.25, down 41.31% year-over-year and up 1.68% in the past 24 hours, with a market capitalization of $408.65 million . The proposal has sparked controversy, with critics arguing that the increase in inflation rate and the low burning rate deviate from industry standards. Justin Punes, founder and director of Sipran, an encryption fund in Europe, has expressed his concerns about the proposal, although his opinion was not accepted by other speakers at the event [1].
The main developer of the Multiversx Foundation, Robert Sassu, has publicly commented on the proposal, stating that "No one talks about the increase in the offer" [1]. The proposal aims to stimulate growth and attract liquidity, with 90% of the fees going to developers to encourage innovation and the remaining 10% being burned to control inflation [1].
The controversy over the proposed changes highlights the ongoing debate within the blockchain industry regarding economic models and their impact on the value and stability of cryptocurrencies. The decision to increase the supply cap could have long-term implications for the Multiversx project, potentially affecting its market position and regulatory compliance [1].

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