In a bullish market, there are abundant money-making opportunities, whether through buying and holding coins, meme coins, NFTs, crypto airdrops, or one of my favorites, Binance Launchpads. You may have heard stories of people making millions from these. Today, we'll delve into Binance Launchpad.
Binance offers users the chance to participate in different tokens before they hit the market by staking their BNB, FDUSD, or other supported cryptos. You don't lose any money; your coins remain the same, but you receive more launchpad tokens, essentially earning free money.
The current coin featured on the launchpad is "PORTAL."
What is Portal?
Portal aims to unite games and gamers from various blockchain networks on its cross-chain token platform, establishing a united Web3 gaming ecosystem. Through partnerships like the one with LayerZero, Portal enables a seamless multi-chain experience for gamers, connecting siloed Web3 games with new players through a sleek user experience.
Portal's technology provides gamer access and game distribution for a vast array of titles, facilitating a smooth transition for Web2 gamers into the Web3 universe.
Portal's Future Plans
The Portal platform has announced integrations with several leading blockchain platforms, including Solana, Polygon, Avalanche, and Klaytn. Portal will provide a discovery platform, allowing players to easily find and play all the most exciting Web3 games. More than 200 games are ready to integrate with Portal once the platform launches. Portal will also have its Launchpad platform, where Web3 gaming projects can offer their tokens to #Portal token holders. The PORTAL token will initially launch on the Ethereum mainnet, expanding to other blockchains later.
Portal Use Cases
Portal will have its Launchpad where Web3 gaming projects can offer their tokens to Portal holders.
Portal will be used for payments for in-game items.
Portal holders can participate in token governance.
Portal will be used for staking to get more rewards.
The PORTAL token can also be used to purchase Portal nodes, which power the core infrastructure of Portal while earning token rewards in return.
Portal Tokenomics
Portal has a maximum supply of 1 billion tokens, 50 million of which will be distributed to users who participate in the Binance Launchpad. 80% of the portal tokens distributed through Launchpool will go to BNB stakers, with the remaining 20% going to FDUSD stakers. However, the amount you earn depends on how big your stake is relative to the size of the entire staking pool.
Portal Coin Fundraising and Investors
Below is the list of funds they raised and the investors.
How to Earn PORTAL Tokens on Binance Launchpool?
To earn PORTAL tokens, you'll need a Binance account. Only users who complete an identity verification process are eligible to participate in Portal token farming on Binance Launchpool. Once your account is ready, you'll need some BNB or FDUSD tokens to stake. If you don't have these tokens, Binance offers various ways to buy them with crypto or fiat. After your account is verified and loaded with BNB or FDUSD, go to "More" in the top menu of the Binance interface, then go to "Launchpad & Launchpool." Find the available Portal farming pools and follow the instructions provided by the exchange.
Key Dates for Portal Launchpool Campaign:
The launchpad will end on Feb 28 (23:59 UTC), so if you want to stake your portal, you need to hurry.
Portal Price Prediction
The exact launch price is unknown, but based on the last launchpad coins, we can make an estimate. If we consider the average market cap of newly launched coins, which is $690 million based on recent data, and with an initial circulating supply of 167 million, the starting price of Portal could be around $4 or above. This prediction is based purely on available data.
My Opinion on the Project
Based on the research shared above, the project looks promising, including the narrative and use case. Binance offers a great opportunity with Launchpool, where you can't lose money but can only gain new tokens that you can sell for more. In my opinion, participating in these launchpads is a good idea, as everyone loves free money.
#UNI
I hope you find this information informative. I'd love to hear your thoughts on #PortalLaunchpool. #PortalTokenLaunchPrice #Wrtite2Earn #TrendingTopic
