Portal, a pioneering cross-chain gaming platform, is redefining Web3 gaming with its seamless and user-friendly approach. In this article, you will find answers to questions like what Portal is, announced as Binance‘s 47th Launchpool and set to list on February 29, and how to purchase the network’s native asset, PORTAL coin.
What is Portal?
Portal enables mainstream gamers to access a wide Web3 gaming network through a single account layer, eliminating the need for bridging, swapping, or purchasing additional tokens to play. This frictionless experience aims to democratize access to Web3 gaming, ushering in a new era of inclusivity and convenience for gamers worldwide.
At the heart of the Portal ecosystem lies its native asset and universal gaming token, PORTAL coin. PORTAL coin serves multiple purposes within the platform, including facilitating in-game transactions, acting as a cross-chain transaction fee payment token, enabling staking for token and NFT access, supporting the purchase of Portal nodes for network validation, and contributing to network consensus through staking.
Portal’s core offerings comprise a suite of essential features designed to enhance the gaming experience and simplify transactions. These include the Cross-Chain Coin leveraging LayerZero’s messaging protocol for cross-chain communication, the Discovery platform for rich gaming content exploration, the Game Wallet for secure and seamless account creation, the Node Network for network validation, the Stake-To-Access mechanism for accessing upcoming drops on Portal Launchpad, and the Launchpad itself for discovering and participating in NFT and game token launches.
As of February 21, 2024, Portal secured $29 million through private and public sales, allocating 33% of its token supply to support platform and ecosystem growth. The $29 million investment furthers Portal’s mission to onboard the first billion players to Web3 and establish itself as the liquidity hub for Web3 gaming. The maximum token supply for PORTAL coin is 1 billion, with approximately 16.71% of the total supply expected to be in circulation following the upcoming Binance listing.
Portal’s mission focuses on democratizing access to Web3 gaming and solving distribution challenges for game developers. With a hyper-interactive community of 500,000 members across various social channels and platform pre-registrations, Portal is well-positioned to achieve its goals. Supported by experienced advisors and contributors, including industry veterans like Jamie King (Co-Founder of Rockstar Games) and Matt Dixon (Global Platform Director at EA Games), Portal is set to shape the future of gaming in the Web3 era.
Where to Buy PORTAL Coin?
PORTAL coin can be securely bought and sold on Binance, the world’s largest cryptocurrency exchange. PORTAL coin will be listed on Binance on February 29, 2024, and will be available for trading in pairs such as PORTAL/BTC, PORTAL/USDT, PORTAL/BNB, PORTAL/FDUSD, and PORTAL/TRY.
To purchase PORTAL coin, you must first register on Binance (if you don’t already have an account). After completing the registration process, transfer cryptocurrency or fiat currency, such as USD, to your Binance wallet. Once the transfer is complete, PORTAL coin can be purchased from any of the aforementioned trading pairs.
For instance, to buy via the PORTAL/USDT trading pair, navigate to the pair’s interface. Enter the desired amount in the limit section and finalize the transaction by placing a PORTAL Buy order.
