Why buy EGLD (Elrond)?
1) ELGD is the native governance and utility token of the platform.
2) It allows users to conduct any network action. These actions may include submitting transactions, running smart contracts and providing staking services by running a node.
3) Moreover, you can stake EGLD on the network to run a node for inflation rewards as EGLD.
About EGLD
1) Elrond is a blockchain designed for high throughput and faster execution speeds compared to existing smart contract platforms in the market.
2) In order to provide a solution for the scaling problem, the platform uses Adaptive State Sharding and a Proof-of-Stake (PoS) variation called Secure PoS to secure the network.
3) The platform contains a WebAssembly-based virtual machine that can support the creation and execution of decentralized applications (dApps).
4) Not just that, Elrond uses a secure randomness beacon with BLS signing to make the randomness source unpredictable.