What Is Portal - The 47th project on Binance Launchpool?

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22 Feb 2024
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KEY TAKEAWAYS

  • The Portal platform is a multi-chain gaming ecosystem, capable of connecting all games across different chains.
  • Portal's platform simplifies the Web3 gaming landscape by providing players with a unified entry point and streamlining transactions associated with gaming activities.
  • The Portal ecosystem encompasses pivotal elements crafted to elevate the gaming experience: Portal Passport, Middleware Solutions, and Portal Wallet.
  • Central to the design of the Portal Platform is the native Portal Token, $PORTAL.
  • $PORTAL will officially be listed on Binance at 2024-02-29 10:00 (UTC).

1. WHAT IS PORTAL GAMING?

The Portal platform is a multi-chain gaming ecosystem, capable of connecting all games across different chains. Through a partnership with LayerZero, the Portal platform currently links players to a library of over 200 different games.
These games share the infrastructure and multi-chain token of the Portal platform. Portal's ambition is to bring traditional gamers into the Web3 world through its gaming platform and the PORTAL coin. It aims to create liquidity for Web3 games and serves a crucial role as an intermediary in distributing games to players.

What is Portal Gaming? | Source: DSCVR

For players, accessing a network of Web3 games is simplified through a single account layer called the Portal Passport. Moreover, players can enjoy games on all chains without the need to connect/exchange/buy additional tokens individually as before.
The development of the Portal platform falls under the responsibility of the Portal Foundation, an entity situated in the Cayman Islands. The Portal Foundation is dedicated to nurturing and advancing the Portal ecosystem, with a mission to advocate and bolster its presence among gamers, game developers, and beyond.

2. HOW DOES PORTAL GAMING WORK?

Portal's platform simplifies the Web3 gaming landscape by providing players with a unified entry point and streamlining transactions associated with gaming activities. At its core is the Portal Passport, streamlining gamer identities and assets across diverse games.
Introducing a middleware for efficient on-chain transactions, Portal enhances gameplay, enabling players to participate without extensive Web3 knowledge. Offering smooth entry to a varied collection of more than 200 games, Portal encourages easy exploration and delivers tailor-made recommendations.

How does Portal Gaming work? | Source: Game3s.gg

Fostering community connections, the platform creates a thriving Web3 gaming ecosystem, connecting players, developers, and content creators. Emphasizing security, Portal prioritizes state-of-the-art measures to safeguard user assets and maintain a secure gaming environment.
The platform encourages the exploration of new games and insights from content creators, ultimately aiming to deliver a seamless, social, and secure Web3 gaming experience, ushering in a new era of boundless gaming possibilities.

3. WHAT ARE PORTAL FEATURES?

The Portal ecosystem encompasses pivotal elements crafted to elevate the gaming experience:

  • Portal Passport: Unifying gamer identities across the blockchain landscape, this solution simplifies access to games and communities.
  • Middleware Solutions: Offering developers tools and services to oversee on-chain transactions, implement cross-chain functionality, and guarantee a seamless user experience.
  • Portal Wallet: A specialized wallet designed for the gaming community, supporting various cryptocurrencies and serving as a gateway to Web3 gaming.

4. WHAT IS PORTAL TOKEN?

Central to the design of the Portal Platform is the native Portal Token, $PORTAL.

4.1. Portal Gaming Token Price


$PORTAL will officially be listed on Binance at 2024-02-29 10:00 (UTC). Klarda will update the Portal Gaming Token Price as soon as possible.

4.2. Portal Tokenomics

  • Name: Portal
  • Ticker: $PORTAL
  • Total Supply: 1,000,000,000 PORTAL
  • Circulating Supply: 167.1 triệu ~ 16.71% tổng cung

4.3. Portal Token Allocation

Updating...

4.4. Portal Token Use Cases

The Portal token serves various crucial functions within the network:

  • Transaction Fees: Portal is utilized to cover transaction fees and node validation services.
  • Payment for Portal Platform: Make platform payments effortlessly by utilizing Portal for transactions in marketplaces such as MagicEden or for the purchase and sale of in-game assets in platform games.
  • Governance: Holders can use Portal to vote and influence the future direction of the Portal coin and platform.
  • Staking: Actively participate in game distribution and enhance visibility on the platform by staking Portal tokens.
  • Exclusive Access: Gain access to and purchase exclusive NFTs from our partner network using Portal.
  • Node Purchases: Acquire Nodes to power the core Portal infrastructure and platform.

5. PORTAL TOKEN PRICE PREDICTION

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6. IS PORTAL TOKEN A GOOD INVESTMENT?

There are various factors to determine whether Portal is a worthwhile investment, including transaction purpose, risk tolerance, project activity, development roadmap, etc. Portal Gaming is backed by two major players, Layer Zero and Binance. Additionally, GameFi is a potential field in 2024.
However, Portal has not disclosed some crucial information such as token allocation schedule, fundraising data, pre-sale details, etc. V$PORTAL will officially be listed on Binance on 2024-02-29 at 10:00 (UTC), making it challenging to accurately price the token.
Whether you decide to invest in Portal or not, make sure to conduct your own thorough research and manage risks effectively.

7. HOW TO BUY PORTAL GAMING TOKEN?

$PORTAL will officially be listed on Binance at 2024-02-29 10:00 (UTC). You will be able to buy and sell $PORTAL easily on Binance.

8. HOW TO STAKE PORTAL TOKEN?

Earn $PORTAL for Free in 4 Easy Steps:

  • Create a Binance Account
  • Prepare a quantity of BNB & FDUSD by purchasing spot or P2P on Binance.
  • Access to the Launchpool section, choose one of the two Pools based on the token you hold.
  • Select Stake and stake the desired amount of BNB or FDUSD.

Rewards will be distributed hourly. The more you stake and the earlier you participate, the more free $PORTAL you'll earn.
You can unstake anytime by clicking "Withdraw". It's possible to unstake a portion or the entire staked token amount.

  • Farming period: Lasts 7 days from 2024-02-22 00:00 (UTC).
  • Listing time: 2024-02-29 10:00 (UTC)

9. MORE ABOUT PORTAL GAMING

9.1. Portal Gaming Team

Portalcoin harnesses cutting-edge blockchain technologies, specifically the LayerZero protocol, facilitating seamless cross-chain interactions. This sophisticated infrastructure addresses a major hurdle in the present blockchain ecosystem – interoperability.
Through the utilization of Portalcoin, gamers and developers can seamlessly engage with diverse blockchains, capitalizing on the distinctive benefits of each network without sacrificing security or speed. This technical framework empowers efficient asset and data transfers across different blockchains, marking a significant stride in overcoming interoperability challenges within the blockchain space.

9.2. Portal Gaming Partners

Portal Collaborate with prominent names in the Crypto world such as Magic Eden, Solana, Polygon, IMX, as well as gaming giants like Xbox, Ubisoft, EA, Riot Games...
Portal Gaming have already integrated over 200 games, ready to launch when the platform is introduced.
As $PORTAL prepares for its official listing on Binance, the Portal ecosystem stands at the forefront of innovation. With a mission to bring traditional gamers into the Web3 world, Portal prioritizes security, community connections, and a diverse gaming experience. Whether $PORTAL is a good investment remains subjective, emphasizing the importance of thorough research and risk management. Explore the Portal ecosystem, stake $PORTAL, and embark on a journey into the future of Web3 gaming.

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