Professional Documents
Culture Documents
Portal Whitepaper
Portal Whitepaper
Universal
Gaming
Litepaper v1.0
Published 04.12.2023
CONTENTS
Contents
1
Introduction
2
Portal Foundation
3
Portal Platform
3
Portal Token
4
Portal Stack 5
Portal Wallet
6
Companion App
6
Cross-chain Functionality
7
Transaction Fees
11
Staking rewards
12
Governance
14
$PORTAL Distribution
15
Token Supply
16
Reward Emissions
17
Recycled Fees
18
Burn Adjustment
18
Disclaimer 19
1
introduction
Welcome! Portal aims to unite games and
gamers from various blockchain
networks on its cross-chain token
platform, establishing a united Web3
gaming ecosystem.
9:41
9:41
dISCOVER
FRIENDS 9:41
ONLINE
Norrobud Norrobud
Norrobud
Jordan Harrison Jordan Harrison
Jordan Harrison
Mags Mags
Maggie Smith Mags
Maggie Smith
Maggie Smith
2
BexLo BexLo
Becky Lopez Becky Lopez
F E AT U R E D BexLo
A key feature is the Portal Passport, a
Portal
one-stop login solution to consolidate
Foundation
gamer identities and assets across
knowledge.
Portal ecosystem.
personalized recommendations.
ecosystem by enabling gamers, game
Portal
Platform Safety is paramount with the goal to
Portal's platform offers players a unified protect user assets and ensure a safe
environments.
3
Portal Token
Central to the design of the Portal
Platform is the native Portal Token,
$PORTAL.
4
Portal Stack
5
Portal
Wallet Compani
App on
The Portal Wallet is designed to simplify The companion app is the “always on”
the transition of players to the Web3 player app bringing convenience and
gaming world, granting users a unified seamless connectivity to the Web3
identity that seamlessly integrates across gaming experience.
6
Cross-chain
Functionality
The portal platform features the portal In the gaming realm, interoperability
token, built on the LayerZero protocol, currently faces limitations, but
aiming to link games within the Portal technologies like LayerZero can change
network using a unified system of this narrative for Web3 platforms. Since
exchange and the potential to adopt different games have unique needs and
$Portal as a default currency.
no single blockchain can cater to all, an
interoperable approach is the solution.
The LayerZero protocol connects these This ability positions Portal well to scale in
isolated blockchains, enhancing network Web3 gaming, utilizing the strengths of
effects, security, speed, scalability, and various chains, offering games the
liquidity, making cross-game transactions perfect environment tailored to their
seamless. Interoperability, in essence, needs.
allows for unhindered data exchange
across diverse systems.
7
USER
FRONTEND
TOKEN
CONTRACT
contracts
LAyer zero
our oracle
contracts contract
contract
fronteNd
user
8
Network Node
Architecture
Oracle/Relayers.
cloud or locally.
9
$PORTAL
Economics
Overview
10
TRANSACTION
FEES
$PORTAL performs an important function All games that form part of the Portal
as a payment and fee token on the Portal network accept $PORTAL as one of the
network.
payment options in-game or on game-
related marketplaces, and all fees related
Transaction fees on the Portal network to any cross-chain transaction through
are composed of cross-chain the Portal network are denominated in
transactions validated by the Portal nodes $PORTAL.
BURN TREASURY
TRN FEES
REWARDS NODES
11
Staking
rewards
A primary utility of the $PORTAL token is within the application. In turn, this allows
a vote-stake function to signal support for the game to acquire Portal platform
for games on the Portal network. In users to scale their player base and
essence, gamers and games can stake launch new game assets with reduced
for rewards but can also signal their friction.
support for games by assigning a vote to
their stake. A game that joins the Portal ecosystem
would be well incentivized, therefore, to
Voting for Games stake Portal tokens to itself and it follows
that gamers would want to signal their
In practice, signaling support for a game support by doing the same. This
means that it receives increased visibility translates into what is effectively a nimble
and attention on the Portal platform “stake-to-scale” system that
through rankings that reflect its relative decentralizes game distribution.
level of staking (and other metrics) and
more prominent visibility
BURN TREASURY
TRN FEES
REWARDS NODES
verification
gamer
DATA STAKING
12
Platform Rewards As Portal gains scale, platform data linked
to gamer identities should become a
Stakers (staking gamers) are eligible to valuable resource for data samplers (like
receive baseline minimum rewards games and brand) to acquire users. Data
directly from the Portal treasury for samplers (or “spectators”) who wish to
staking and exercising their vote for access gamer data will also be able to
games. Game developers also receive stake to gamers, compounding the
platform-native rewards for the votes gamer stakes in exchange for the
that they receive.
permission to sample their individual
data.
The baseline minimum rewards from the
Portal treasury, that any stakers are
Global Effects
eligible to receive, are paid in exchange
for the vote and effective governance Staking acts as an economic control
input of the stakers. The baseline rewards function. As well as weighting allocations
may depend on staked amount (weight of for games, it performs two key functions:
STAKE
13
Governance
Decentralising Portal
14
$PORTAL
Distribution
15
Token
Supply
This is a single fungible token system
consisting of a fixed maximum supply of 1
billion $PORTAL tokens.
16
Reward Emissions
Reward Emission Rate
Rewards Distribution
The reward emission rate is calculated The model considers staking as a proxy
and applied periodically to the $PORTAL for engagement and increases and
tokens in the community treasury.
decreases the $PORTAL allocation to
games based on the staking ratio. The
A calibrated sigmoid population curve is balance is allocated to the treasury.
0.6
0.5
expressed in calculation periods t(0.5). 0.4
0.3
0.2
0.1
0
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1
Staking Ratio S
T = 1 − (G+N)
17
Recycled Fees Table 1: Model Parameters
B = 1 − S
rewards. 0.8
0.6
0.4
Burn 0.2
Adjustment 0
0 10 20 30 40
18
disclaimer
This whitepaper (“Whitepaper”) and the Nothing contained in the Whitepaper or
Websites are intended for general the Websites is or may be relied upon as
informational purposes only and do not a promise, representation or undertaking
constitute a prospectus, an offer as to the future performance of Portal.
19
No regulatory authority has examined or NO FURTHER INFORMATION OR UPDATE
20