Portal – a cross-chain gaming platform, with the mission of attracting more players to join web3, so what is this? Let's find out together.


1. What is Portal (PORTAL)?

Portal is a gaming platform and a cross-chain gaming ecosystem, connecting all games on all chains, within the platform using Portal's gaming infrastructure and tokens.

In other words, Portal makes discovering and playing web3 games seamless and easy. Through a single account layer, casual gamers can access the largest network of web3 games with a seamless experience. Players will be able to play the game on all chains without having to bridge/swap/buy additional tokens to play.

2. Portal's mission

First is to attract gamers to join web3, then carry out the mission of bringing billions of gamers into the web3 world with the gaming platform and tokens supported by LayerZero.
The second is to build a liquidity relationship for web3 games, solving the problem of game distribution.


Highlights of Portal
Highly engaged community: Portal has over 500,000 community members across social media platforms.
Experienced advisors and collaborators: The project brings together advisors and collaborators with extensive experience in the web3 and gaming field. These include “Jamie King (Co-founder of Rockstar Games), Matt Dixon (Global Director of EA Games), Adrian Lai (CEO of Newman Group), John Yao (CEO of Team Secret).



3. Portal products


The Portal platform includes the following core products:
- Cross-Chain Coin: The PORTAL token is a “cross chain coin”, leveraging LayerZero's messaging protocol and intended to be completely chain agnostic.
- Discovery: Portal discovers rich content that aggregates web3 games, users can discover and link out to play top web3 games in a single place.
- Gaming Wallet: Non-custodial wallet secured through Web2 authentication access (Twitter/Discord/PSN/Twitch) for seamless account creation. The game can be integrated with a simple SDK and allows playing games anywhere easily.
- Portal's gaming platform has an advanced data security system.
- Stake-To-Access: Stake PORTAL tokens to get access to the biggest upcoming discounts on Portal Launchpad.
- Portal Launchpad: Explore and access NFT and game token launches in the Portal network.

4. is PORTAL token used for?

PORTAL token is a Utility token or utility token and PORTAL acts as a universal gaming token in the Portal ecosystem and is used in the following cases:
- Transactions: Users can use PORTAL tokens in games on Portal's ecosystem to purchase in-game items and other gaming experiences.
- Cross-chain fee token: Users can use PORTAL tokens to pay cross-chain transaction fees.
- Staking: Users can stake-to-access to access tokens and NFTs from Portal Launchpad.
- Nodes: Users can purchase Portal nodes to support network authentication.


5. Key metrics
- Token name: PORTAL
- Token type: ERC-20
- Supply when listed on Binance: 167,134,615 (16.71% of total supply)
- Total number and maximum supply: 1,000,000,000
- Allocation on Binance Launchpool: 50,000,000 (5.00% of total supply)


6. Token allocation
- Binance Launchpool: 5% of total supply
- Team and advisors: 23% of total supply
- Treasury: 23% of total supply
- Private Sale Investors: 22% of total supply
- Public Sale Investors: 11% of total supply
- Community Incentives – 1: 10% of total supply
- Community Incentives – 2: 4% of total supply
- Liquidity reserves: 2% of total supply

  • 7. PORTAL release schedule




    8. Development roadmap
    First quarter 2024:
    - Launching PORTAL tokens to the market on CEX. Launched on L1 Mainnet ETH.
    - Launch of Web2 activation for Esports + Digital Collection with games.
    - Towards decentralization of the Portal platform and ecosystem.
    - Launched Stake-To-Access platform to stake Portal tokens for points to use in Portal Launchpad.
    - Deployment of the Portal node network and the ability for PORTAL holders to become validators in the Portal network.
    - Launched Portal's discovery platform, introducing the best Web3 games in the Portal ecosystem.
    - Launch of Portal Launchpad, allowing PORTAL token holders access to GameFi tokens and NFTs in the Portal ecosystem.


    Quarter 2 2024:
    - Launch of Portal's wallet and SDK for integration. This wallet is an MPC wallet with ‘Web2 Auth’ for seamless access.
    - Launched marketplace for cross-chain asset transactions.
    - Expand Portal and platform tokens to new chains.
    - Web2 IP Enable for Esports + Digital Collections.

    Quarter 3 2024:
    - Launch of NEXUS (DEX).
    - Web2 IP Enable for Esports + Digital Collections.

    Quarter 4 2024:
    - Expand Portal and platform tokens to new chains.
    - Web2 IP Enable for Esports + Digital Collections.

    9. Collaboration and integration
    Portal has partnered with MagicEden, LayerZero, WME and M80 Esports in commercial and business development.

    Portal also integrates with many major blockchains to support cross-chain gaming expansion and consolidation of Web3 games, including “Solana, Avalanche, Kalyton, Base and Polygon”.

    10. Invest
    On February 21, 2024, Portal raised $29 million through a private and public sale. The project sold 33% of the supply to fund the development activities of the platform and ecosystem.

    12. Team
    Update…

    13. Finally
    All of the above information is what you need to know about Portal. Hopefully the above basic information will help you have a more general view of the project.

    Please note that this article should only be considered as reference information and should absolutely not be considered an investment recommendation.