Cryptocurrency exchange Binance launched its 47th Launchpool project, Portal (PORTAL), today (21). As a result of the Launchpool news, the price of BNB increased by 3.14% to $362 on the same day.
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Binance, the cryptocurrency exchange, once again launched its 47th Launchpool project, Portal (PORTAL) today (21). Users will be able to stake their BNB and FDUSD in the pool. Starting at 6 am Taiwan time on the morning of tomorrow (21), users can begin staking to earn PORTAL tokens within 7 days.
What is Binance Launchpool Portal (PORTAL)?
Portal Gaming is a Web3 gaming platform with its core feature being Portal Passport. This feature allows players to enjoy a diverse gaming experience with just one-click login. In simple terms, it is the Web3 version of the Steam platform. Besides providing a simplified login experience, Portal also has a centralized in-game asset management system. Players can manage their NFTs through this platform.
One of the highlights of Portal Gaming is its support for cross-chain interoperability. Thanks to the collaboration with the LayerZero interoperability protocol, Portal achieves seamless integration between games on different chains. On the other hand, the protocol’s native token, $PortalCoin, also integrates the cross-chain protocol Layerzero, becoming a cross-chain gaming token.
According to the team, the project has successfully raised $120 million in funding and the team members have past experience in 3A game companies. Currently, there are 100 games signed up, and it is expected to bring 2 million active users to the market.
BNB slightly increased to $363
As a result of the Launchpool news, the price of BNB increased by 3.14% to $363 on today’s (21) day, breaking through a new high within a year. The consecutive staking mining projects in recent times have also made the community praise the benefits brought by BNB.
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