The Portal platform makes discovering and playing Web3 games seamless and easy. Via a single account layer, mainstream gamers can finally access the biggest network of web3 games with a frictionless experience. Gamers will be able to play games on all chains without needing to bridge/swap/buy additional tokens to play.
$PORTAL is the native utility & universal gaming token in the Portal ecosystem, and used in the following functions:
Transactions: Users can use $PORTAL in games on the network to purchase game items and other gameplay experiences.
Cross-chain fee token: Users can use $PORTAL to pay for cross-chain transaction fees.
Staking: Users can stake–to-access Tokens and NFTs from the Portal launchpad.
Nodes: Users can purchase Portal nodes to assist in the validation of the network.
Network Consensus: Users can stake $PORTAL into the nodes to further amplify their network validation efforts.
The Portal platform consists of the following core products:
Cross-Chain Coin: $PORTAL is a cross chain coin, leveraging LayerZero’s messaging protocol and aims to be totally chain agnostic.
Discovery: Content rich discovery platform uniting web3 games, users can discover and link out to play the top web3 titles in a single place.
Gaming Wallet: Non custodial wallet secured through Web2 auth access (Twitter/Discord/PSN/Twitch) for seamless account creation. Games can integrate with a simple SDK and allow their games to be played anywhere easily.
Node Network: A validator network securing the core data of the Portal platform.
Stake-To-Access: Stake $PORTAL to access the biggest upcoming drops on the Portal Launchpad.
Portal Launchpad: Discover and access the hottest upcoming NFT and fungible gaming token launches from within the Portal Network.
As at February 21st 2024, Portal raised $29,000,000 across the private and public sale. The project sold 33% of the supply to fund platform and ecosystem growth.
As at February 21st 2024, the total supply of PORTAL is 1,000,000,000 and the circulating supply upon listing will be 167,134,615 (~16.71% of the total token supply).
Key metrics (as at February 21st 2024)
1. What is Portal?
Portal is a cross-chain gaming ecosystem that connects all games on every chain, using Portal’s multi-chain token and gaming infrastructure.
1.1. Project Mission
Portal is on a mission to onboard the first billion gamers into Web3 with their LayerZero powered gaming platform and coin.
Building the liquidity nexus for Web3 gaming, solving distribution for games.
1.2. Project Key Highlights
Hyper engaged community: 500,000 community members across social channels and platform pre-registration.
Experienced advisors and contributors: Including Jamie King (Rockstar Games Cofounder), Matt Dixon (Global Director of Platform EA Games), Adrian Lai (Newman Group CEO), John Yao (CEO Team Secret).
2. Token sales and economics
2.1. Token Distribution
2.2. Token Release Schedule
3. Roadmap & Updates
3.1 Completed Milestones
3.2. Current Roadmap
Q1 2024:
$PORTAL TGE - Launch of $PORTAL coin to market on major CEX. Launch is on L1 Mainnet ETH.
Web2 Game Activation - Debut major Web2 activation for Esports + Digital collectibles with the worlds biggest games
Foundation - Launch of Portal foundation for ongoing efforts towards decentralisation of Portal platform and ecosystem.
Portal Staking - Stake-To-Access platform launches to stake $Portal for points to use within the Portal Launchpad.
Portal Nodes - Roll out of Portal node network and ability for $Portal holders to become validators within the Portal network.
Discovery Platform - Launch of the Portal discovery platform, showcasing the best of Web3 games within the Portal ecosystem. Discover and play.
Launchpad - Portal launchpad, enabling $Portal holders to access the next biggest GameFi tokens and NFTs from within Portal’s network.
Q2 2024:
Gaming Wallet - Launch of the Portal gaming wallet and game SDK for simple integration. The wallet is a MPC wallet with ‘Web2 Auth’ for seamless access.
Marketplace SDK - Launch of Portal marketplace SDK for cross-chain asset transactions.
Cross-chain Expansion - Expansion of $Portal and gaming platform onto new chains.
Web2 Game Activation - Web2 IP activation for Esports + Digital collectables.
Q3 2024:
NEXUS (DEX) - Launch of Portals cross-chain liquidity gaming exchange for seamless asset to asset transactions
Web2 Game Activation - Web2 IP activation for Esports + Digital collectables.
Cross-chain Expansion - Expansion of $Portal and gaming platform onto new chains.
Q4 2024:
Cross-chain Expansion - Expansion of $Portal and gaming platform onto new chains.
Web2 Game Activation - Web2 IP activation for Esports + Digital collectables.
3.3. Commercial and Business Development Progress
MagicEden: NFT marketplace; Integrating $Portal coin as an official payment currency.
LayerZero: Cross-chain messaging technology; partnership established for the development of the Portal cross chain coin and platform.
WME: The world's leading entertainment agency; Signed Portal as partner to assist with accessing mainstream games and streamers.
M80 Esports: Leading Esports Team and IP; Partnership established to drive Esports network towards Portal platform and coin
Solana / Avalanche / Kalyton / Base / Polygon: Blockchain integrations to assist with cross-chain gaming expansion and the uniting of Web3 gaming.
4. Community