What is PORTAL?
Portal is a cross-chain game platform. Players will be able to play games on all chains without the need to bridge/exchange/purchase additional tokens to play. It is more convenient and convenient for users to play Web3 games.
What role can PORTAL tokens play in the ecosystem? First of all $PORTAL token is the native token in the Portal ecosystem. Users can use $PORTAL in online games to purchase game products and experience other games. Because Portal is a cross-chain platform, tokens can also be used to complete the payment of cross-chain transaction fees, including staking to participate in future Launchpad and obtain expected benefits. Other benefits include participating in node construction and assisting in network verification.
Financing situation
Strategic financing was obtained on December 30, 2023, but the specific amount was not disclosed. The participating financing institutions are:
Adrian Lai, Piers Kicks, Stephen Sullivan, Jacob Martin, Kalos, Max Crown, GiulioX, Sillytuna, Ray Chan, Seedphrase, Gmoney, Zeneca, dingaling, Michael Bouhanna, cousin crypto, Mando, etc.
Project Token Economics (Key Indicators)
Token name: PORTAL Initial circulation: 167,134,615 (16.71% of total token supply) Total supply: 1,000,000,000 Binance Launchpool allocation: 50,000,000 (5.00% of total token supply)
Coin price estimate:
$PORTAL is the only currency across various games and blockchains. OTC prices currently fluctuate around $1. As for several game coins recently listed on Binance, xai-380m, ai-220m, ace-220m, if calculated based on 200m-400m, the price of $portal is between 1.2-2.4.
Portal stack
The Portal stack also includes Portal Wallet and Companion App. Portal Wallet eliminates the complexity of managing seed phrase and private keys, and is compatible with mainstream platforms such as Discord and Google. The platform’s user ID matching system synchronizes wallet addresses with unique IDs, enabling the collection of comprehensive player data and analytics;
Companion App allows users to explore games, trade cross-chain assets, socialize, and Staking-to-scale (driving the popularity and attention of games on the Portal platform).
The "nodes" of the Portal network form a synchronization layer that combines the Portal Web3 engine and LayerZero Oracle/Relayer. This means that nodes provide a second layer of verification for cross-chain transactions powered by distributed infrastructure owned and operated by the Portal community. Nodes can run in the cloud or on-premises. In exchange for providing verification services, nodes are eligible to accumulate network rewards and fees, which can be claimed at the end of the 24-hour period.
Conclusion
According to official market research results, the overall game metaverse market has exceeded 192 billion U.S. dollars. Portal is not only a game platform, but also a grand vision for the future of games, committed to promoting Web3 games to the mainstream market. , brings more possibilities to the game industry, and it marks a new chapter in the integration of games and blockchain technology. Portal's narrative has made a large number of entertainment game users look forward to it. If it is successfully realized according to its preset path, it will definitely become a masterpiece in the field of Web3 and games. You can also learn more about participating in the Portal Gaming project, play with a relaxed attitude, and invest carefully at the same time.
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