Bull market brings so many opportunities to make money either it's in the form of buying and holding a coin , A meme coin , An NFT , Crypto airdrops or one of my favorite way to make money Binance launchpads.
You may have familiar with these names and the stories aligned with each categories how people made millions from these.
Today we will be talking about "Binance Launchpad"
Binance offer its users to participate in different tokens before it hits the market by staking their BNB, FDUSD or other supported cryptos. You do not lose any money in it your coins/money remains the same but instead you get some more launchpad tokens and make free money from it.
The current coin we have 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 its partnership 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 delivers gamer access and game distribution for a vast array of titles, paving the way for a smooth transition for Web2 gamers into the Web3 universe.
Portal's future plans
According to the portal team The Portal platform has announced integrations with several leading blockchain platforms, including the likes of Solana, Polygon, Avalanche and Klaytn. Portal will provide a discovery platform, which will allow players to easily find and play all of the most exciting web3 games.
According to the Portal team, more than 200 games are ready to integrate with Portal once the platform launches. Portal will also have its own Launchpad platform, where web3 gaming projects will be able to offer their tokens to #Portal token holders.
The PORTAL token will initially launch on the Ethereum mainnet, although it will be expanded to other blockchains later down the line.
PORTAL USE CASES
Portal will have it's own launchpad where web3 gaming projects will be able to 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 the users who will participate in binance launchpad. 80% of the portal tokens distributed through launchpool will go to BNB stakers and remaining 20% will be distributed to FDUSD stakers. However this doesn't necessarily means you will earn more tokens if you stake BNB rather than the stable coin. it all depends on how big your stake is relative to the size of entire staking pool.
Portal coin Fund raised and investors
Below is the list of funds they raised and the investors.
How to earn PORTAL tokens on Binance Launchpool?
If you want to earn PORTAL tokens, the first thing you'll need is a Binance account.
Please keep in mind that only users who complete an identity verification process with Binance 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 already own these tokens, you can deposit some to your Binance account. Otherwise, Binance offers plenty of ways of buying these tokens with either crypto or fiat.
After your account is verified and loaded up with some BNB or FDUSD, head over to the menu on the top side of the Binance interface and select "More". Then, go to "Launchpad & Launchpool".
Then, find the available Portal farming pools. Depending on which tokens you want to stake, select BNB Pool or the FDUSD Pool. Next, follow the instructions provided by the exchange.
As a final note, here’s a quick breakdown of key dates and information about the Portal Launchpool campaign:
Keep in mind that the launchpad will end on Fev 28 (23:59 UTC) so if you want to get your portal stake you need to be hurry.
Portal Price Prediction
No one know what the exact launch price will be but we will do the basic math based on the last launchpad coins. We will get the information of the marketcap of these coins when the trading was started.
Starknet Token was launched with a market cap of $1.4 Biliion
Pixel marketcap at the time of launch $400 Million
Altlayer marketcap at the time of launch $560 Million
Xai marketcap at the time of launch $420 million
So lets assume the average marketcap of newly launch coin is $690 million based on this recent data.
If #Portal e market cap of $690 and the initial circulating supply will be 167 million as it's mention
The starting price of portal can be around $4 or above.
The prediction is purely based on the math of available data.
My opinion on Project
Based on the research information i shared above the project looks promising including the narrative they will be working on and the usecase of it.
Binance offers a great opportunity of launchpool, There is no way you will lose your money but you will only get some new tokens that you can sell for more money.
in my opinion you should be participating into these launchpads and everyone loves the free money.
I hope you find this article informative, i would love to hear your thoughts on
#PortalLaunchpool #launchpad #easymoney $BNB