The crypto world is buzzing with activity around PORTAL, a cross chain gaming platform designed to simplify the Web3 gaming experience. Recently, the leading cryptocurrency exchange Binance announced that it will add its PORTAL to its Launchpool platform and start full trading on February 29, 2024. The news has generated lots of interest among cryptocurrency enthusiasts(passionate crypto analyst) and gamers.
Bridging the Web3 Games Gap
The portal aims to be Web3's "steam" by providing an easy-to-use platform that bridges the gap between traditional gaming and the complexity of blockchain technology. By making facultative interoperability in chains, the portal enable players to adequately access different games and related resources, regardless of the underlying blockchain. This will elude the need for diverse wallets, simplifies the user experience and makes Web3 games more accessible to a wider audience.
Binance Launchpool and tokenomics
Before the official start of trading, the portal joins the Binance Launchpool program. The program allows users to earn their PORTAL tokens by staking existing BNB (Binance Coin) and FDUSD (Fixed-Dollar Stablecoin). The pool's launch period ends on February 28, 2024 thanks to the successful distribution of PORTAL tokens to users.
At the time of writing, the total supply of PORTAL tokens is limited to 1 billion, creating a sense of scarcity. Binance's initial trading offering was around $167 million, and the token is currently trading between $2 and $3 on the OTC market.
Pairs of trading and prediction options
When PORTAL launches live on Binance on February 29, it will be available in 5 trading pairs: PORTAL/BTC, PORTAL/USDT, PORTAL/BNB, PORTAL/FDUSD, PORTAL/TRY BUDE. The different range of these pairs satisfy a wider range of investors and do trading for users with different choice of pairs.
However, it is important to note that the virtual currency market is inherently unpredictable, and any predictions about the future price of portal results remain speculative. As the project looks promising due to its innovative engagement or strategy to Web3 gaming and support for major exchanges like Binance, it is pertinent for you to do your necessary research and invest responsibly(DYOR).
Launchpad
This project is currently having their launchpad on the binance exchange as wee speak.
It lasted for 7 days and will be elapsed one day from now. It was amazing launchpad which made was an option for some folks to make money through the launchpad.
I will be glad to write about other launchpads as well as it comes up. This launchpad is kind of slow in the numbers of coin to be claimed, they have been numerous launchpad which are like this before time and most of them tends to do well in the future.
What will is your experience about the web3 games project in the Crypto ecosystem ? Would you love to invest more in crypto project ? Or you will in the future ?
After the start: What's next?
Advertising on Binance is an important milestone for the portal, but it's just the beginning of their journey. Portal-building teams face challenges by engaging developers and users in building a successful ecosystem in space.
Posted Using InLeo Alpha