Portal, a platform focused on Web3 game distribution, has unveiled its new service, PortalPay. This crypto payment solution tackles a major hurdle for players – the incompatibility between various blockchain networks.
This story is just beginning.
Ahead of our huge announcement on July 11, read Portal's first-ever blog post to recap on our record-breaking journey so far… and get a taste of what's to come. https://t.co/02WxNky8ch
— Portal (@Portalcoin) July 10, 2024
Traditionally, accessing the features of a blockchain game requires connecting a crypto wallet like MetaMask, which facilitates interaction with decentralized applications (dApps) and in-game purchases. However, these games often utilize specific gaming tokens that might not be widely adopted or might even be restricted to a particular blockchain.
On July 11, we unveil the first milestone in the Portal roadmap. The foundational piece in a breakthrough suite of products built to unite Web3.
Can you guess what it is? pic.twitter.com/I42BRu3Jh3
— Portal (@Portalcoin) July 10, 2024
PortalPay seeks to bridge this gap by offering interoperability. Gamers can leverage PortalPay to pay for in-game assets using any of the over 5,000 digital assets it supports. This eliminates the need to convert currencies beforehand and allows players to use their preferred tokens for purchases within a game.
Furthermore, PortalPay benefits game developers as well. Through its “smartswap” feature, games can receive payments in their preferred cryptocurrencies, irrespective of the token used by the player. This simplifies the payment process for developers and eliminates the need to manage multiple currencies.
Introducing Portal Pay.
Groundbreaking infra making cross-chain payments effortless. Users pay in any tokens, merchants receive the tokens they want.
The first in a series of products uniting Web3. All fees from Pay will be used to buy .
