May 24 What is the PORTAL?
Portal is an ambitious cross-chain gaming platform that seeks to revolutionize the Web3 gaming landscape by connecting blockchain games across various networks such as Ethereum, Polygon, Avalanche and Solana. Using LayerZero's messaging protocol, Portal provides a seamless experience for game developers and gamers by integrating over 200 games at launch. This platform facilitates the integration of the native PORTAL token into these games and improves user engagement through simplified gaming and transaction processes across multiple blockchains.
The PORTAL token is at the heart of the ecosystem, functioning as a universal gaming piece that powers various aspects of the platform. Users can use PORTAL for in-game transactions, such as buying or selling in-game items, and for staking purposes, where they can earn rewards from the foundation and partners of the platform. Additionally, the token plays a crucial role in governance, allowing holders to vote and influence the strategic direction of the platform. This multi-faceted utility highlights the importance of the token in creating a robust economic environment within the portal ecosystem.
Portal's infrastructure also includes unique features such as a marketplace integration where users can use PORTAL to interact with platforms like MagicEden. This integration extends PORTAL's usability beyond simple gaming transactions, enabling the purchase of exclusive NFTs and powering nodes that maintain the core infrastructure of the Portal platform. Such capabilities demonstrate Portal's commitment to creating a comprehensive ecosystem that extends the utility of its token and enriches the user experience.
Additionally, Portal is built with future scalability in mind, as evidenced by its support for upcoming features such as a non-custodial gaming wallet and a launchpad for new NFTs and token launches. These additions aim to improve user accessibility and investment opportunities within the ecosystem, strengthening Portal's position as a pioneering force in the cross-chain GameFi sector. Through these strategic integrations and expansions, Portal offers traditional gamers the opportunity to enter the blockchain space and provides them with a potentially more diverse and enriched gaming experience.
What is the PORTAL token?
The PORTAL token is the cornerstone of the Portal gaming platform, serving as a universal gaming piece that integrates seamlessly with a wide range of Web3 games. As a native token, PORTAL facilitates many gaming-related transactions, making it a central part of the platform's economy. Players can use PORTAL to purchase in-game items and services in over 200 games who are ready to integrate this token at launch. This widespread adoption not only enhances the gaming experience by simplifying transactions, but also strengthens PORTAL's role as a central unit of exchange within the diverse Web3 GameFi ecosystem facilitated by Portal.
Beyond its primary use in gaming transactions, PORTAL extends its utility to governance functions within the Portal ecosystem. Token holders have the privilege of participating in governance processes, where they can vote on key decisions and influence the future direction of the platform. This feature empowers the community, giving it a stake in the development of the platform and ensuring that the ecosystem evolves in a way that reflects the preferences and interests of its users. This democratic approach to governance fosters a sense of ownership and engagement among participants, thereby reinforcing the value of the token.
Staking is another important utility of the PORTAL token, where users can lock their tokens to receive rewards from the foundation and its partners. This not only provides an opportunity for token holders to recoup their investment, but also helps secure the network by encouraging token holding, which reduces circulation and can potentially increase the value of the token over time. Additionally, staking contributes to the overall stability and security of the Portal platform, making it more resilient and improving its performance.
The PORTAL token also finds utility in marketplace and infrastructure features. Users can use the token on integrated platforms such as MagicEden to access and purchase exclusive NFTs from Portal's partner network. Additionally, PORTAL can be used to purchase nodes that power the core infrastructure of the Portal platform, further integrating the token into core operational aspects of the ecosystem. These use cases demonstrate the versatility of the token and its essential role in not only facilitating gaming transactions, but also supporting the broader operational and strategic framework of the Portal platform.
Tokenomics PORTAL
How to buy PORTAL on Bitfinex
How to buy PORTAL with cryptocurrencies
1. To log in on your Bitfinex account or register to create one.
2. Access the Deposit page.
3. In the Cryptocurrencies section, choose the crypto you plan to purchase PORTAL with and generate a deposit address on the Exchange wallet.
4. Send the crypto to the generated deposit address.
5. Once the funds arrive in your wallet, you can exchange them for PORTAL. Learn to trade on Bitfinex here.
How to buy PORTAL with Fiat
1. To log in on your Bitfinex account or register to create one.
2. You must obtain full verification to be able to deposit fiat into your Bitfinex account. Discover the different verification levels here.
3. On the Deposit page, in the Bank transfer menu, choose the fiat currency of your deposit. There is a minimum amount for fiat deposits on Bitfinex; learn more here.
4. Check your Bitfinex registered email address for transfer details.
5. Send the funds.
6. Once the funds arrive in your wallet, you can use them to purchase PORTAL.
We also have Bitfinex on mobile, so you can easily buy PORTAL currencies on the go.
(App store) (Google game)
PORTAL Community Channels