Internet Capital Markets on the Solana blockchain set to open with the scheduled $PORTALS Token Generation Event on September 16, as announced by Portals.
In a remarkable display of investor interest, the presale for the Web3 platform, Portals, sold out in just 11 seconds, raising an impressive $3.7 million at a valuation of $90 million.
Portals, a pioneering browser-based, no-code game creation platform, is designed for creators and offers tools that are 100 times more powerful than those found in platforms like Virtuals. It draws inspiration from creator economies like Roblox, but empowers builders in the decentralized space.
The platform, which focuses on accessibility and sustainability in shaping the future of decentralized entertainment, has been backed by renowned institutions such as the United Nations Development Programme (UNDP) and the Algorand Foundation through blockchain and Web3 initiatives. However, specific institutional supporters of Portals itself are not explicitly mentioned in the search results.
Users can launch tokens, agents, and games on Portals using no-code solutions. Holders of $PORTALS, the platform's native token, will gain exclusive access to upcoming token drops.
Portals' NFT collection holds the second-largest market cap on Solana, and notable whale activity includes sweeps of over $1 million for rare NFTs in the last month.
The official website for Portals is https://theportal.to/, and the platform can be contacted via Telegram. The media contact for Portals is [email protected], and the CEO and Co-Founder of Portals Labs, Inc, Adam Gomez, can be reached at [email protected].
Portals is set to launch its Token Generation Event (TGE) for $PORTALS on September 16, 2025. The platform aims to be a new launchpad for creators to build and launch viral content, tokens, and games. With its impressive growth and backing, Portals is poised to make a significant impact in the decentralized entertainment industry.
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