Binance Launchpool to Support New Cross-Chain Crypto Gaming Project
Binance is set to introduce support for a new cross-chain crypto gaming project on its Launchpool platform. The 47th project on Binance Launchpool will be Portal (PORTAL), a platform aiming to bring together games from different blockchains.
Launchpool allows users to stake coins and earn new assets. Starting on Wednesday, Binance users will have seven days to stake BNB and First Digital USD (FDUSD) in separate pools to farm PORTAL tokens. PORTAL will be listed for trading on February 29th with a seed tag applied.
Portal has partnered with LayerZero, an interoperability protocol, to enable a seamless multi-chain experience for gamers. The PORTAL token will be used for network fees, payments, governance, staking, and node purchases.
Hot Take: Binance Expands Support for Cross-Chain Gaming Project
Binance continues to expand its offerings with the addition of Portal (PORTAL) as the latest project on its Launchpool platform. With the aim of uniting games from different blockchains, Portal brings together the world of crypto gaming. By staking BNB and FDUSD, users can farm PORTAL tokens and participate in this cross-chain gaming ecosystem. With the partnership between Portal and LayerZero, gamers can enjoy a seamless multi-chain experience. The PORTAL token will serve various purposes within the network, including governance and staking. Binance’s support for this innovative project demonstrates its commitment to fostering innovation in the crypto gaming space.