【Portaltobitcoin】
Rating: Priority
There are several projects with the abbreviation of project name as Portal. Please pay attention to distinguish them. The full name of this project is Portaltobitcoin.
Portal is a DeFi project built on Bitcoin that conducts anonymous, zero-knowledge transactions through cross-chain DEX. It eliminates the risks of minting wrapped tokens (i.e. wBTC, wETH) or dealing with intermediaries. Portal introduces trustless, bridgeless, and wrapper-free cross-chain atomic swaps, allowing developers to seamlessly integrate the SDK into their chain or dApp.
Why I gave it a "priority" rating is actually quite confusing, mainly because this project has received investment from a large institution, and the investment amount has reached 42.5 million US dollars. But I also think it may not be "priority" because this project clearly stated that its airdrop is not a direct distribution of tokens. Secondly, users who participate in the test network first can obtain Lite Node nodes in the top weekly rankings (at the current stage, the weekly ranking will divide you into a certain group. For example, if you are in the Monday group, then your ranking will be calculated based on the points from Monday to next Monday, and so on). Only by owning this node can you continue to participate in the next step of real rewards. As for how many rankings are considered top, the official has not made it clear, and how Lite Node will participate in the future and how the airdrop rewards will be distributed has not been stated. In addition, the current functions of the test network are still prone to bugs and are not smooth.
Therefore, I am still a bit conflicted about the “priority” rating. But considering that its investment institutions and investment amount are excellent, and it screens users by rewarding nodes first and then performing subsequent airdrop operations, I think it can also avoid the situation where millions of airdrops are flocking in, so it might as well participate.
Note: The current functionality is not very smooth. I will try to share the problems I encountered and the solutions in the guide. This is what the testnet is like. If you really want to participate, you need patience.
1. Project registration: https://portaltobitcoin.bonusblock.io?r=eeGsngzm
2. Project investment and token economics: Not disclosed. Currently, we are distributing Lite Nodes to participating users. Only those who own nodes will have the opportunity to participate in subsequent airdrops.
3. Project prospects: The investment institutions and investment amount are good. By issuing Lite Nodes, a part of users can be screened, but it is unclear how much airdrop rewards can be obtained in the future.
4. Steps to participate:
①Log in to the website, click connect wallet, and click connect portal on the pop-up interface to jump to the wallet download interface: https://portaltobitcoin.bonusblock.io/?r=eeGsngzm
②After downloading the plug-in program, click to open the plug-in, register the wallet, remember the mnemonic and set the password, enter the plug-in wallet interface, and wait for the wallet to load.
③ Return to the previous webpage: https://portaltobitcoin.bonusblock.io/?r=eeGsngzm
Click to connect the plug-in wallet you have opened and loaded to enter the task interface.
④The tasks are divided into 3 levels in total. Some tasks are one-time, and some tasks are refreshed every day.
The task of Level 1 is to connect social accounts.
Level 2 has several daily tasks (as shown in the picture), which require you to use a bound wallet to participate in the swap test. I will explain in detail how to participate later in the article.
The 10 Level 3 quests are all relatively simple, except for the quests for obtaining characters.
Let me explain to you that this project currently has this DC group role (as shown below), which is not easy to obtain.
Can be obtained by completing the task with Zealy Jelly character.
Mission link: https://zealy.io/cw/portaltobitcoin/invite/NTlIMjCuE-3Pulikh5drn
⑤ Since you want to earn points and rank higher, you can only climb the ranking by actively completing the Level 2 swap daily tasks. How to complete the Level 2 swap tasks?
(1) First, open your plug-in wallet, click on the withdrawal faucet, and enter the BTC and ETH addresses of your wallet to withdraw funds.
(2) After successfully receiving funds, you must ensure that your wallet has BTC ≥ 0.002, so that the upper right corner of the wallet will turn green, indicating that the channel is open and the wallet function can be used normally.
(3) Once everything is ready, click to enter the swap page. Enter a certain amount of BTC or ETH to transfer. Eth to BTC, or BTC to ETH, both count.
Note: I am taking a screenshot of this interface because the project wallet is overloaded and the swap is temporarily closed. Normally, you need to fill in a certain range of eth, such as 0.002≤eth≤0.02, to complete the swap. Don't fill it in wrongly. The same is true for BTC.
In addition, the swap process is divided into four steps (displayed at the bottom of the page). If it is not completed, the swap fails and needs to be restarted. It is very likely to fail during the testing phase. You can check whether it is successful or not in the Activity interface of the wallet.
If swap keeps failing or you are unsuccessful in receiving funds, it is recommended that you check the DC group message to see what happened, or re-download the plug-in, re-import the wallet and try again. Sometimes reinstalling can solve the problem.
Also, after completing the daily swap amount, it will take more than half an hour to verify the task on the web page (automatically), so don’t worry.
5. That’s all. If there are any progress updates on the plans for subsequent projects, I will update them in a timely manner, so remember to pay attention.