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.
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.
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.
By eliminating these complexities, PortalPay aspires to make blockchain gaming more accessible to a wider audience. New players are no longer restricted by specific token requirements, and existing players gain the flexibility to use their preferred tokens.
Portal’s initiative comes amid a period of significant growth in the blockchain gaming industry. As more games emerge, the need for solutions that address interoperability and user experience becomes increasingly crucial. PortalPay’s approach has the potential to reduce entry barriers and foster a more streamlined and user-friendly environment for gamers and developers alike.