Portal Gaming, a very popular project recently, has a very high Twitter popularity. According to TrendX's Twitter popularity and sentiment index, its Twitter sentiment index averaged about 24.22 this week, which is a relatively positive market sentiment. The number of Twitter discussions was about 20,000, of which 6,385 (about 30%) were intelligently identified as positive information. Portal Game's Twitter Followers also increased by 16% in a week to nearly 280,000 followers, and the number of continuously active followers is considerable. Almost every tweet has nearly one million reads in 24 hours, which shows the popularity of this project.
Today, let’s learn about what the Portal Gaming project is about, what caused the hot attention, and how to participate in the presale that will be launched on December 14.
What is Portal Gaming?
Portal Gaming is a platform dedicated to Web3 games;
The platform focuses on one-click login to Portal Passport, easy payment and other functions;
It provides a system to manage all in-game assets in one place, such as NFT, Account abstraction, etc.
This platform emphasizes connecting with friends, suggesting social features or multiplayer gaming capabilities;
Play games on any chain, indicating support for cross-chain operability. Portal is powered by the leading interoperability protocol LayerZero, which enables seamless integration between games on various chains;
The website lists more than 200 games, covering various types such as MMORPG, strategy games, survival games, etc. Portal Gaming aims to connect games and players on different blockchain networks based on LayerZero, build a unified Web3 game ecosystem, and provide players with access to a large number of games and game distribution opportunities. On October 12, Portal announced its integration with Polygon. On October 26, Portal integrated Avalanche, and will integrate with networks such as Solana, Polygon and Klaytn in the future. Simply put, Portal intends to become a Steam game platform in the Web3 world, integrating a large number of games, and overcoming cross-chain and payment problems through network integration, Layer0 and other technologies, aiming to allow players to play freely on a platform with unparalleled smoothness.
What is Portal Coin?
It is the universal game currency and native currency of the Portal gaming platform. It acts as a link between web3 games and gamers and can be used for platform governance, game buying and selling transactions, and other scenarios.
Developed by LZ Technology, the platform includes market integrations that allow Portal tokens to be used in a variety of markets. For example, Portal Gaming has established a distribution partnership with Magic Eden, a leading cross-chain NFT platform, enabling users to purchase any NFT using Portal tokens. This makes the token a Magic Eden-verified currency with additional utility.
Portal tokens can be used to buy and sell game items in the game, adding a layer of practicality and interactivity for players
Users can vote and influence the future direction of the Portal token and platform, demonstrating a community-driven approach to development and governance
By staking Portal tokens, participants can receive rewards from the foundation and partners. Players can add points to the mining pool by staking, thereby affecting the distribution of rewards received by the mining pool.
Users can access and purchase exclusive NFTs from the platform’s network of partners
There is an option to purchase nodes to power the core portal infrastructure and platform, highlighting the decentralized approach to maintaining and operating the platform.
Team and partners
According to the white paper, Portal Gaming was developed by the Portal Foundation, an organization in the Cayman Islands. Its team comes from many top game studios and has participated in the construction of many disruptive games. According to information disclosed on Portal’s Twitter, the known members of the Portal Gaming team are as follows:
John Yao: CEO of Team Secret, an esports club. John Yao will provide insights and resources into the mainstream esports space. He is a recognized industry expert in esports and has been featured in CNBC Squawk Box, Forbes Magazine, Esports Observer, and other well-known publications around the world. Team Secret is a globally renowned esports club that ranks in the top ten in total historical tournament revenue and manages 6 professional teams with players and staff in more than 20 countries.
Russell Hanson: Scientist, technologist and entrepreneur with over 15 years of experience in AI, health, data science and cryptocurrency. He served as Chief Scientific Officer of the Consensys Endjinn AI team from 2018 to 2019, responsible for developing and improving AI models for cryptocurrency. Currently Chief Innovation Officer of Sama Therapeutics, leading the innovation and development of the iMAGiNE precision neuropsychiatry AI/ML platform. Russell Hanson will bring generative AI+automation to Portal Gaming and its expanding library of games and digital assets.
Jamie King: Before 2006, he worked as a co-founder at Rockstar Games, which is best known for the Grand Theft Auto series. He currently serves as EVP/Marketing at Solace Lifesciences, Inc. and is also the head of esports/Executive Vice President at Engine Shop. Good at first-to-market strategy and leading cross-functional teams to create new products and dynamic marketing campaigns, Jamie King's main responsibilities at Portal Gaming are to promote the inclusion of Web2 games and provide advice on game and IP creativity and direction strategies.
Matt Dixon: An experienced gaming industry professional with over 15 years of leadership experience in game development and publishing. Currently the CEO and co-founder of Landmarket, he served as Director of Business Development at Electronic Arts from 2016 to 2022.
Portal Gaming's strategic investors include Newman Group, which will provide advice on Portal Gaming's Asian strategy. Gaming partners include Space Nation, Oxya Origin, Nine Chronicles, Crypto Unicorns, MagicCraft, DeFi Kingdoms, etc. Other partners include LayerZero, Magic Eden, M80 (e-sports and gaming organization) and MWE (entertainment and cultural organization).
Token Economics
The maximum supply of Portal tokens is 1 billion, which will be minted at the beginning of the creation and then released to the community treasury over time. The main uses of the tokens are as follows:
Used to pay transaction fees. Transaction fees are composed of cross-chain transactions verified by Portal nodes and native fees of the Portal network. After players pay transaction fees, part of them will be destroyed and part will be placed in the vault. The tokens placed in the vault will be redistributed as rewards to nodes, game developers, and then returned to players.
Used as a price reference and payment option, all transactions within the Portal network will support Portal tokens as one of the payment options for in-game or game-related markets, and all fees associated with any cross-chain transactions conducted through the Portal network will be denominated in Portal tokens.
Used for voting and staking gameplay: Players and game players can earn rewards through staking, and can also vote to help games gain higher visibility and attention on the Portal Gaming platform. Portal calls this incentive system a stake-to-scale system, which not only benefits both players and games, but also decentralizes game distribution.
Serving as a liquidity provider: Portal tokens can also play a natural role in providing central liquidity for game tokens and game assets on the chain, thereby capturing some of the economic benefits of the Portal ecosystem as a whole.
For reward distribution in scenarios such as mining, Portal Gaming will adjust the distribution of Portal tokens according to the staking ratio. In the figure below, the horizontal axis S represents the proportion of all circulated Portal tokens that have been staked, and the vertical axis represents the distribution of game Portal tokens G. Then in the game distribution, the tokens allocated to node operators are 20% of the game distribution tokens.
Airdrop points and IDO information
First of all, Portal Gaming will start pre-sale on December 14, and the specific content information has not yet been announced.
However, the Crystal Dash points airdrop activity that Portal recently launched to warm up for pre-sale should be related to the pre-sale mechanism, that is, the score economic model. Points will determine the level of the user, and users of different levels will have different rights and interests. The specific registration rights and interests have not yet been disclosed, but there are naturally some wool to be plucked if you try to get points to upgrade! So how to get Crystal Dash points? The specific ways to participate are as follows:
First, the user has the following conditions and operations:
Follow @Portalcoin on Twitter
Find the Crystal Dash link
Sign up and start engaging with @Portalcoin content
Create content on Twitter with the hashtag @Portalcoin and users can earn points for views, likes, replies, RTs and quotes:
Views: 2 points for each view
Like: 10 points for each like
Reply: 20 points per reply
Repost: 25 points per repost
Citations: 30 points per citation
Points Multiplier: This multiplier affects the number of points a user can earn for an action and may increase based on the number of followers a user has.
Currently, Portal Gaming's Crystal Dash points event has reached its hottest and largest round. If you are interested in Portal Gaming, you can easily earn points by participating in related topic discussions through Twitter. You might as well take action quickly. As for the pre-sale information, the official should announce it soon.
Conclusion
According to the market research results disclosed by the official, the size of the overall game metaverse market has exceeded 192 billion US dollars. Portal is not only a game platform, but also a grand vision for the future of games. It is committed to promoting Web3 games to the mainstream market, bringing 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 implemented according to its preset path, it will surely become a masterpiece in the field of Web3 and games. You can also learn more about and participate in the Portal Gaming project, play with a relaxed attitude, and invest cautiously.