Portal Coin: Web3 Gaming Platform Launched on Binance Launchpool

On February 21st, Binance announced Portal (PORTAL token) - a multi-chain gaming platform - as the 47th project on Binance Launchpool.

Binance unveiled its 47th project on Binance Launchpool - Portal (PORTAL), a multi-chain gaming platform with a mission to onboard more users onto web3.0.

Users can stake their BNB and FDUSD into separate pools to farm PORTAL tokens over seven days, with farming starting from 0:00 on February 22nd (UTC).

Binance will subsequently list PORTAL at 10:29 on February 29th (UTC) and open trading with pairs PORTAL/BTC, PORTAL/USDT, PORTAL/BNB, PORTAL/FDUSD, and PORTAL/TRY. Seed token will be applied for PORTAL.

Detailed information about PORTAL:

• Token Name: Portal (PORTAL)
• Max Token Supply: 1,000,000,000 PORTAL
• Launchpool Token Rewards: 50,000,000 PORTAL (5% of max token supply)
• Initial Circulating Supply: 167,134,615 PORTAL (16.71% of max token supply)
• Smart Contract Details: Ethereum
• Hourly Hard Cap per User:
  • 23,809.52 PORTAL in BNB pool
  • 5,952.38 PORTAL in FDUSD pool

What is Portal?
Portal is a web3 gaming project aimed at providing convenient game distribution for users. The project hosts over 200 games across various genres and is in the process of integrating with the PORTAL token, its official currency, for market launch. The platform's gaming token is developed using LZ technology, facilitating integration with the NFT marketplace Magic Eden and other exchanges.

Portal organized the $Portal Airdrop Farming event starting from November 28th, with straightforward participation. The program, named "Crystal Dash," allows anyone participating or creating and sharing content about Portal to earn points which can then be combined into crystal shards -> merged into virtual entities. The higher the count, the greater the chance of receiving tokens.

Features of Portal

• Rapid game distribution
• Onboard: Easy access for new web3 gamers, no technical expertise required.
• Network: System facilitates direct content creator streaming.
• Access: Participants can access from multiple blockchains, anytime, anywhere with internet. The project recorded a total of 768 downloads, 1236 gameplay hours, and achieved a 28% retention rate. These are promising figures for a new web3 gaming project.

Ecosystem Benefits

• Partners: Portal builds partnerships with prominent web3 projects, enhancing an expansive and beneficial network.
• Investor: Project supports and sponsors promising games, accelerating web3 game development and expanding the Portal ecosystem. The project distributes games evenly between Web3 and casual gamers.
• Data: Portal collects data, personalizes experiences, updates, and fixes user-requested issues.
• Connection: Project creates a connecting space between content creators, broadcasters, and KOLs, increasing communication abilities and gaining attractive profits.

Nodes

• Rewards: Investors can buy and operate nodes to earn daily PORTAL token rewards. The amount of tokens received will be proportional to user contributions to the network.
• VIP Access: With specific contributions, participants can unlock exclusive VIP access with great rewards and benefits.

What is $PORTAL token used for?

• In-game: Players can use PORTAL tokens for quick and convenient in-game item transactions.
• Governance: Token holders have voting rights to influence the project's future direction and currency.
• Staking: Investors stake PORTAL tokens to receive attractive rewards from multiple platform funds and partners.
• NFT: Participants can easily buy, sell, and exchange exclusive NFTs from the network, avoiding asset theft risks.
• Platform utilities: Investors can use PORTAL tokens in markets like Magic Eden...
• Buy nodes: Portals buy nodes to provide energy for the ecosystem.