Its Narrative is Gaming. Launchpool before this one is $PIXEL, also gaming. Recently also listed both $MAVIA's futu and $RON list in the same array.
The project is similar to Garena of Web2. That is, creating a platform where users only need 1 account to play many games, trade, buy, sell, and exchange through many different networks (currently $ETH, $SOL and $MATIC).
What are tokens used for?
🔸 In-game transactions
🔸 Payment of gas fee
🔸 Stake tham gia Launchpad
🔸 Run the node to receive $PORTAL
🔸 Strengthen network consensus
Basically, there are use cases and stakes that can help reduce push supply.
Project products
🔸 Cross chain tokens. $PORTAL is built with the LayerZero team so it is this type of token.
🔸 Platform to explore different games
🔸 Wallet. You can login using Twitter/Discord but it is still a non-custodial wallet.
🔸 Run node
🔸 Launchpad
🔸 Staking
Just raised 29M$ in private and public sale rounds.
Tokenomic
🔸 Total supply: 1 billion tokens
🔸 Total initial circulating supply: 167M $PORTAL
🔸 Binance Launchpool Allo: 5M $PORTAL
The team holds quite a few tokens
The token payout schedule is quite 'industrial'
Personal review:
🔸 Brand new project. It's not been 1 year.
🔸 Everything that was written in the first part until now is still drawn and has not been done anything so I have the feeling that this is an industrial product that was burned in stages to follow the narrative gamefi. Product services are empty.
🔸 I just registered for its node to try it out and then decide later.
🔸 The community that saw the ad had more than 500k members, but checking now, only the website and X are the two main social channels. No Tele, no Discord.
=> There are too many internal signs? But lists of this range have much better attention.
In a bull run, attention is more important than content.
Whales Market sells OTC at 2.2$. That means the list will be about 400M$ cap. Pretty good. Equilibrium valuation level. Let's see when the list is received by the community and then calculate.
Like $MAVIA and $PIXEL more in the new coin group gamefi =))))
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