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Portal is designed to build a virtual reality ecosystem based on blockchain technology, connecting virtual reality content, creators, and users. The underlying protocol of Portal, built on the foundation of immutability, solves trust issues in the virtual world and will become the cornerstone of user relationships in the Portal virtual realm; its decentralized setting ensures that any value created by users within Portal is fairly distributed, whether its through content production or service provision; Portal is a large-scale ecosystem for virtual reality content, which will stimulate active behavior and enhance content circulation through its unique ecological mechanisms. Comprised of industry elites from the virtual reality sector, Portal also benefits from the support of experts and scholars from the blockchain field. Portal has already forged strategic partnerships with multiple leading global virtual reality companies and is actively promoting the layout and ecological construction of global virtual reality content.
The Portal Token (PORTAL) is an ERC20 token used for transactions involving content, applications, and virtual items. Platform builders pay PORTAL to the Portal ecosystem to access virtual reality core technologies, hardware, and service support; content publishers pay PORTAL to their platforms for technical and service support. Users can reward publishers, encouraging content publication, to discover more interesting and engaging content.
Product Definition
Portal aims to construct a virtual reality ecosystem based on blockchain technology. "Portal" signifies a "gateway," symbolizing an immersive virtual reality experience for users.
Portal is an ecosystem connecting virtual reality content, creators, and consumers. Our goal is to continuously expand the Portal ecosystem, making it the next generation of internet centered around virtual reality.
Anyone can develop applications, upload copyrighted content, or even create their own platform to operate on it.
Entertainment and Communication
In Portal, people can experience the world without leaving home using virtual reality technology, watching virtual reality live streams such as news, sports events, concerts, etc.; playing virtual reality games; and communicating face-to-face with others.
Portal also boasts strong social attributes, allowing users to directly interact with fans in virtual space or engage in real-time virtual reality communication with friends.
Content Publication and Management
In Portal, people can publish their copyrighted content easily and quickly without any coding, using tools provided by Portal, to manage their brand. Anyone can freely publish their content under the rules of the Portal world, gain attention, and earn income. All content is encrypted through smart contracts, with copyright exclusively belonging to the content creator.
Platform Construction and Operation
In Portal, people can use the rules of the Portal world to build their own rule branches, organize their own platforms, recruit content and application developers to publish content, and manage their own users.
PTC Appreciation Plan
Buyback Mechanism
Portal uses 50% of the profits from subsequent sales of hardware, such as VR Cameras and VR devices, to repurchase PTC at market prices in the trading market. Repurchased PTC will be permanently destroyed, gradually reducing the number of PTCs, with details of the buyback and destruction results being disclosed.
Bond Mechanism
Building a platform within the Portal ecosystem requires paying a certain deposit to prevent resource waste and content regulation. As the number of platform developers increases, the amount of frozen PTC will grow, while the circulating supply will decrease.
Increase Acquisition Cost
As the number of users grows, the threshold for obtaining rewards for various effective active behaviors, according to the platform algorithm, will rise, increasing the acquisition cost and enhancing the scarcity of PTC.
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