May 21st Bitfinex lists PORTAL, the portal’s native token
From media materials
Road Town, British Virgin Islands – May 21, 2024 – Bitfinex (https://www.bitfinex.com), a leading digital asset trading platform, today announced the listing of PORTAL, the native token of Portal, a multi-chain web3 gaming platform.
Web3 games are growing tremendously, and the market size is expected to reach approximately $614 billion by 2030. This is a nearly 300% increase over the 2023 valuation of $154 billion. Portal is collaborating with LayerZero, a protocol that enables blockchain interoperability, to facilitate multi-chain experiences by connecting a variety of Web3 games to new players across blockchains. Among the platform’s features is Portal Passport, a one-stop login solution that holds a user’s gamer identity and assets across a variety of games.
PORTAL, the platform’s native token, offers a variety of features including access to exclusive NFTs, governance voting rights, yield staking, and in-game use to buy and sell game items.
“As the Web3 gaming sector attracts more and more users and games, projects like Portal, which aim to integrate the entire ecosystem, provide a strong foundation for the cryptocurrency gaming ecosystem. We are excited to include $PORTAL in our token offering.” said This is Henry Child, Head of Tokens at Bitfinex.
PORTAL deposits are scheduled to open around 10:00 AM (UTC) on May 21, 2024, depending on network conditions. Trading is expected to begin around 10:00 AM UTC on May 24, 2024, subject to meeting liquidity requirements. PORTAL can be traded against the US dollar (PORTAL/USD) and Tether tokens (PORTAL/USDt).
To access PORTAL on Bitfinex, customers should visit https://www.bitfinex.com/.
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