PORTAL coin is part of a multichain gaming platform, whose purpose is to facilitate the trading of items in games. Even if the user participates in different games, the payment method is the same.
The developers of this cross-chain system say that blockchains compatible with the technology include Solana, Polygon, Klayton, and Avalanche. It is also possible to search for games on Web 3.0 with the platform they developed.
Blockchain gaming hub
The idea is to make Portal a hub for Web3 games, including cryptocurrencies and NFTs. Instead of the player logging into separate networks to and use different cryptocurrencies, he only needs to access one place, paying for items with a single token.
The project features gaming giants, such as Creepz, from Ethereum, Rockstar Games, from the famous GTA, and Electronic Arts, from FIFA and Need for Speed. With these partnerships, more than 200 games can be integrated into the PORTAL coin system. The idea is to have a launchpad, where developers can interact with games and use the native token.
Multichain platform
Portal uses LayerZero's multichain system, a protocol that unites more than 50 blockchains, allowing users to navigate between them seamlessly.
Cross-chain technology makes it possible to connect different chains fluidly. This makes the experience even more enjoyable and immersive, because it brings together users from different games and platforms into a single ecosystem. Game developers and creators also benefit from this.
The PORTAL coin environment has a feature called Portal Passport. It works as an identity, which helps with both username and currency trading.
PORTAL Token
The PORTAL token is used to pay transaction fees on the platform and validate transactions by nodes. Items from games that run in the ecosystem are also acquired by it.
PORTAL is a governance token, that is, it gives voting power to holders in decisions to improve the environment. All changes must go through assemblies, in which members vote and choose improvements that meet their needs.
Digital wallet
The PORTAL coin system has Portal Wallet, which greatly simplifies financial transactions between players. Users have an ID, which is easily integrated into games on the platform. It helps in managing keys and security seed phrases.
To access the Portal digital wallet, just one click is enough. It is still compatible with Web 2.0 systems such as Google and Discord. The objective is to bring together users who are not yet accustomed to the world of blockchains.
Another advantage of Portal's digital wallet is users' total control over personal and game data. You can also monetize them, allowing them to offer access to certain users. This authorization may be changed at any time.
Learn more about cryptocurrencies
PORTAL coin brings ease to fans of online games, as the system allows you to connect several blockchains. To keep up with the latest news on tokens, NFTs and investment tips, visit the NovaDAX blog!
