I am optimistic about the prospects of the gaming sector, especially the attention and investment in XAI. Although my preference for XAI is obvious, it does not affect our promotion of diverse gaming projects on the Binance platform. The growth potential in the gaming sector is huge, so it is also crucial to explore competing products in the same market space as XAI, such as PORTAL. This will not only provide a comprehensive market perspective, but also help us better understand the development trends and opportunities in the current gaming track.

What is PORTAL?

Portal is a cross-chain gaming platform that allows more players to join the world of Web3.0.
The Portal platform makes discovering and playing Web3 games seamless and easy. Gamers can finally access the largest Web3 gaming network with a frictionless experience. Players will be able to play games on all chains without having to bridge/exchange/buy additional tokens to play.

What is the core gameplay of PORTAL?

The architecture of the Portal platform is based on several key components, aiming to provide a comprehensive cross-chain solution and a content-rich experience:

  • Cross-chain token ($PORTAL): As a cross-chain asset, $PORTAL uses LayerZero's efficient messaging protocol to achieve seamless circulation between different blockchains.

  • Content Discovery Platform: This platform is a comprehensive discovery engine focused on web3 games. It provides users with a unified interface for exploring and connecting to top web3 games, thus simplifying the process of game discovery.

  • Game wallet: It uses Web2 authentication mechanisms (such as Twitter, Discord, PSN, Twitch) to ensure the security of non-custodial wallets. This feature simplifies the account creation process and ensures a seamless user experience. In addition, its simple SDK allows game developers to easily integrate games into the platform to achieve a cross-platform gaming experience.

  • Node network: A network composed of validators responsible for maintaining and protecting the core data of the Portal platform, ensuring the stable operation of the platform and the security of the data.

  • Staking Access: Users can stake $PORTAL tokens to gain early access and rewards to upcoming projects on the Portal Launchpad, which encourages community participation and support.

  • Portal Launchpad: As part of the Portal network, Launchpad provides a platform for users to discover and participate in the latest upcoming NFT and game token projects, driving the development and proliferation of new projects.

Token financing and release ratio

As of February 21, 2024, the Portal project has successfully raised $29,000,000 through a series of carefully planned private and public sales activities, which are mainly aimed at providing financial support for the continued development of the platform and its vast ecosystem. In the process, the project has released 33% of its total supply, or 330,000,000 PORTAL tokens, to the market.

As for the circulation of PORTAL tokens, 167,134,615 tokens have entered the market circulation out of the total supply of 1,000,000,000 tokens, which accounts for about 16.71% of the total supply.

Price Prediction

Considering the size of Binance Launchpool and the circulation of PORTAL, I predict that its initial trading price will stabilize at around 0.8 USDT. This estimate is based on the analysis of current market dynamics and the influence of the Binance platform.

My evaluation of the project

PORTAL demonstrates a certain level of industry standards and robustness, following established practices and principles in the gaming space. While it may not introduce disruptive innovations or unique insights to completely change the rules of the game, its execution and layout demonstrate a solid foundation and understanding of existing market needs. This conventional approach ensures the project's credibility in providing stable and reliable services, while also meaning that it may be more easily accepted and understood by the market, although it may not immediately attract the attention of observers seeking revolutionary changes. Overall, the project has made solid efforts to meet current market and user needs, and while its level of innovation may not be enough to spark widespread discussion, its practicality and stability have earned it a place.


#PortalLaunchpool $PORTAL #Portal