The newly launched coin Portal on Binance offers the following features:
Cross-Chain Gaming Platform: Portal is a cross-chain gaming platform designed to attract more players to Web 3.0, providing one place to play, discover, and transact across popular blockchain games2.
Token Staking Rewards: Users can stake Binance Coin (BNB) or the FDUSD stablecoin into PORTAL liquidity pools to earn a share of the total rewards pool, which amounts to 50 million tokens, constituting 5% of the total PORTAL supply of 1 billion Ethereum-based tokens2.
Circulating Supply: The token will debut with a circulating supply of 167,134,615 PORTAL, which is about 16.7% of the total supply2.
Restrictions: The Binance Launchpool campaign is not available to users in many countries, including the United States, Canada, Australia, Japan, and more2.
Value: In pre-market trading on Whales Market, the PORTAL token is commanding bids of $1.02, putting the total estimated value of the Binance rewards pool at just over $50 million2.
Partnerships and Advisors: Some of Portal’s founding team members and advisors are associated with SuperDuper, the startup behind Ethereum NFT collection Creepz. Additionally, Portal is represented by prominent Hollywood agency WME2.
Airdrop and Presale: The project held a presale in December that attracted nearly $10 million worth of interest across Ethereum and Solana in just 15 minutes alone. It also conducted an airdrop farming campaign that spanned November and December last year