Background

Introduction

The Portals Network, Powering the Next Generation of Games

Portals is a browser-based, no-code game creation platform designed to unlock the full potential of user-generated content (UGC). By combining easy-to-use game-building tools with a tokenized asset layer, Portals allows creators to not only build and publish games—but also participate in a shared economic network that supports ownership, growth, and revenue generation.

This model builds on a trend that’s already reshaping the gaming industry: the rise of UGC platforms. Over the past few years, Roblox has emerged as one of the most compelling examples of this shift. While the broader gaming industry has grown steadily, Roblox has seen exponential acceleration—driven by a vibrant community of creators building millions of experiences and publishing billions of assets. In 2024 alone, developers created over 6 million new experiences and released 150M+ new UGC assets, all while generating more than $1 billion in creator payouts.

What’s notable is that Roblox has achieved massive scale not by relying on large studios or traditional publishing pipelines, but by enabling a long tail of independent creators. With a fraction of the development overhead of AAA franchises, Roblox has generated billions in annual developer payouts, published millions of new experiences, and built one of the most robust digital economies in gaming. UGC is no longer an experimental feature set; it’s emerging as a core driver of value in interactive media.

Portals builds on this momentum by introducing new primitives that supercharge the UGC model. Games built on Portals exist within a shared, interconnected ecosystem where tokenized assets can move between games and users—enabling network effects that benefit creators and players alike. Importantly, this interoperability is native to Portals and optimized for games within the ecosystem, creating a flywheel of engagement and value across the network.

By layering in Web3-native economic tools—such as tokenized assets, open liquidity, and programmable incentives—Portals offers a framework where creators can launch games that are not just playable, but economically alive. These tools are designed to reduce friction, reward creativity, and unlock new types of games where assets and value evolve over time.

In the sections that follow, we’ll outline how Portals works, how $PORTALS fuels this ecosystem, and how the platform sets the stage for a new era of creator-led game economies.

Platform Architecture

Portals is not just a tool for game creation—it is a base layer for entertainment, mirroring the structure of successful Layer 1 ecosystems by combining content production, economic coordination, and developer/creator incentives into a unified system.

platform architecture

Platform Architecture - Image 1

Leveraging proven L1 dynamics, the platform incorporates:

  • A developer ecosystem — network participants can meaningfully contribute, not just speculate. In Portals, creators can launch games and economies with clear monetization and liquidity pathways
  • Revenue generation through multiple, complementary streams, including asset trades, redemptions, and yield on capital
  • Viral distribution, powered by accessible, browser-native gameplay
  • Creator-level token tooling, which allows any developer to launch tokens for engagement, gameplay, or capital formation

These dynamics are underpinned by a two-layer architecture: a no-code game creation environment, and a tokenized economic layer that enables ownership, liquidity, and interoperability across the ecosystem.

The creation layer enables anyone to build and deploy games and experiences directly from their browser, using an intuitive visual interface. This environment supports the construction of full games, modular scenes, and minigames, without requiring any programming knowledge. Developers are able to import their own assets—including objects, avatars, and environments—allowing for fully customized creative workflows unconstrained by pre-defined asset libraries. Games can be published and accessed instantly, streamlining the creation-to-distribution cycle and encouraging rapid experimentation and iteration.

Sitting atop this foundation is the Portals economic layer, which provides the infrastructure for turning game components into tokenized, tradable assets. Every element of a game—from objects to full interactive experiences—can be represented as an on-chain primitive. This creates a framework where assets are not siloed within individual titles but can instead circulate within the broader Portals ecosystem. Game elements may be bought, sold, referenced, or reused across multiple experiences, enabling network-native interoperability between games.

This architecture introduces the potential for a dynamic asset economy, where developers and players engage in value creation beyond the boundaries of a single game. Tokenized assets may be paired with stablecoins, SOL, LSTs, or the $PORTALS token to enable liquidity, facilitate secondary markets, and support revenue generation through mechanisms such as transaction fees or yield strategies. These economic capabilities are designed to be modular and extensible, giving creators the ability to opt into financialization as needed, without disrupting their core creative goals.

Together, the creation and economic layers define a vertically integrated platform for building, deploying, and monetizing games within a shared ecosystem. This structure not only lowers the barrier to participation for new creators, but also establishes a foundation for scalable, interconnected economies that can evolve organically as network activity grows.

The Portals Economy

The Portals Economy - Image 1

As the Portals platform matures, it begins to resemble a decentralized exchange (DEX)—but for user-generated content. Games and game assets are no longer static content locked in silos; they become liquid, tradable primitives, forming the basis of an economic system built on transparent pricing, capital efficiency, and aligned incentives.

To support this transformation, Portals introduces a tokenization framework that distinguishes between two primary models: assets backed by external value (such as stablecoins or LSTs) and assets paired with tokens (such as $PORTALS or other ecosystem assets). Backed assets offer redeemable value and price floors, while paired assets enable market-based price discovery and liquidity provisioning. Together, these structures form the foundation of a flexible and capital-efficient asset economy—one that enables user ownership, incentivizes creator experimentation, and drives sustained volume, yield, and protocol-level fee generation across the network.

To illustrate how these mechanics operate in practice, consider a gamified memecoin launch within the Portals ecosystem. A creator designs a game in which users collect coins through gameplay; those coins are later distributed on-chain as a new token. That token is then paired with $PORTALS to establish a PORTALS:MEME liquidity pool, enabling open market trading. Users can access a virtual, NYSE-inspired trading floor to engage in real-time price discovery and speculation. This structure not only creates an interactive, distribution-driven launch experience—it also results in $PORTALS being locked within the liquidity pool and generates platform fees through ongoing trading activity.

The Portals Economy - Image 2

The appropriate backing model for a tokenized asset will vary depending on its intended use—whether it’s a memecoin, wearable, resources, or NFTs and other collectibles.

To support this flexibility, Portals defines four distinct asset classes based on the nature of their backing:

Volatile Assets

Volatile assets are new tokens that will be paired with the $PORTALS token to enable liquidity, price discovery, and speculative participation across the network. 

This structure is ideal for assets that are narrative-driven, community-led, or scarce—such as memecoins or experimental in-game currencies. By requiring creators to pair their assets with $PORTALS in a liquidity pool, the system drives organic demand while also reducing circulating supply, as $PORTALS is effectively locked within the LP.

Volatile pairings support real-time trading, allow creators to tap into speculative markets, and generate fee volume for the protocol. They offer a fast-moving, high-upside mechanism for launching content where pricing and value are determined directly by the market—rather than predefined utility or redemption floors.

Stable Assets

Assets backed by stablecoins (e.g., USDC) offer price predictability and strong redemption guarantees. These assets can be redeemed at any time for their underlying stable value, introducing natural scarcity: each mint requires real capital, and each burn removes supply. This model encourages thoughtful issuance, discourages asset inflation, and provides users with confidence that their purchases retain real economic value.

While held, the stable collateral can be deployed by Portals to earn yield in the background, creating a low-risk, capital-efficient treasury layer. This allows the platform to accumulate protocol-owned liquidity while maintaining user-facing utility. The result is a system where even basic in-game assets can contribute to broader network sustainability.

For example, a user may purchase a limited-edition Portals wearable for $10 USDC.

The Portals Economy - Image 3

The USDC is then deployed by Portals into low-risk yield bearing stable coins (e.g. T-bill-backed stablecoins) or other DeFi protocols to earn interest on the USDC.

The Portals Economy - Image 4

The user retains the option to redeem the wearable at any time for its underlying value in USDC, creating a transparent price floor.

The Portals Economy - Image 5

A transaction fee is collected at the time of purchase, generating protocol revenue, with an additional fee applied if and when the asset is redeemed. Upon redemption, the asset is removed from circulation, reducing supply and increasing scarcity for remaining holders. This structure not only incentivizes responsible minting by creators but also allows the platform to earn yield and fees while offering users economic certainty and exit optionality.

Semi-Stable Assets

These assets are backed with SOL or liquid staking tokens (LSTs), creating a dynamic floor value that tracks the performance of the broader Solana ecosystem. Like stable-backed assets, they are redeemable, which encourages responsible issuance and scarcity. But unlike stable pairs, these assets offer moderate volatility and embedded yield. This structure allows Portals to earn staking returns from the backing capital while enabling users to speculate on high-quality content tied to a known baseline value.

In practice, this model functions similarly to stable-backed assets, with the key distinction that additional yield is generated through Solana’s native staking system.

Dynamic Assets

This category includes assets paired with other tokenized in-network assets. These can be used to structure bundles, dependencies, or game-specific economic loops. While more complex, they offer advanced creators a toolkit for building mini-games, progression systems, or composable economic layers across multiple experiences.

This structure turns Portals into a market-native ecosystem, where game content is not only created and consumed, but also traded, speculated on, and invested in. Backed assets enforce scarcity and enable redemption; paired liquidity supports trading and yield; and each asset category provides creators with different tools to design meaningful, capital-efficient economies. At scale, this system aims to drive revenue, sustained user engagement, protocol-owned liquidity, and long-term economic alignment between creators, players, and the platform itself.

$PORTALS Token Design

Portals Token Design - Image 1

The $PORTALS token is the central coordination asset of the Portals ecosystem. It is designed to serve as both a liquidity and incentive mechanism within the network’s asset economy, while also enabling long-term alignment between creators, players, and stakeholders.

While the game creation platform remains accessible without token exposure, $PORTALS plays a central role in the emerging economic infrastructure—supporting asset pairing, liquidity provisioning, network incentives, and governance.

1: Utility

Asset Pairing and Liquidity Support

One of the core functions of $PORTALS is to enable liquidity provisioning for tokenized game assets. When creators pair their assets with $PORTALS, they are effectively bootstrapping an in-game market with real-time price discovery, tradability, and on-chain transparency. This structure provides liquidity for users while locking up $PORTALS from circulation, contributing to a deflationary pressure on the token supply as ecosystem activity scales.

Unlike traditional game assets with fixed prices or internal-only currencies, these paired assets exist within permissionless markets, allowing users to trade, speculate, or redeem based on market demand. This dynamic encourages more efficient pricing and deeper engagement from both creators and players.

Importantly, this pairing mechanism also reinforces the stickiness of liquidity within the Portals ecosystem. As more assets are paired and more users hold $PORTALS-denominated items, the incentive to remain within the network increases—driving retention, reducing slippage across games, and enhancing the platform’s economic defensibility.

As volume grows, transaction fees collected on these trades represent a sustainable source of protocol revenue. Fees can be routed to the treasury, used to seed new asset markets, or allocated to long-term liquidity programs. Over time, these mechanisms are expected to create a self-reinforcing flywheel of asset issuance, trading volume, and value accrual.

Incentive Alignment

To catalyze early adoption and reward meaningful participation, $PORTALS will be distributed through a range of ecosystem programs. These include grants for high-potential creators, rewards for marketplace activity, and contests aimed at driving experimentation and high-quality content creation.

This incentive structure is designed to support both the supply and demand sides of the network—empowering developers to build viable economies while encouraging users to engage with new games, assets, and features. As the ecosystem evolves, incentive programs will shift toward outcomes-based rewards that reflect long-term value creation rather than short-term engagement.

2: Allocation and Distribution

The $PORTALS token supply is fixed at 1 billion tokens, distributed across community stakeholders, ecosystem initiatives, contributors, and investors. The distribution is structured to reward early participation, activate long-term contributors, and ensure protocol-level sustainability as the platform scales.

Portals Token Design - Image 3

The Community allocation, which represents 57% of the total supply, plays a central role in this strategy. A portion of this bucket—12% of total supply—is unlocked at TGE and directed toward key early participants and user-aligned programs.

These Include:

  • Portals NFT Holders: Airdrops scaled by Faction multipliers
  • Portals Points Program: Retroactive rewards based on user activity and engagement
  • OG Bonus Allocation: Targeted rewards for foundational contributors to the Portals ecosystem
  • $CHRONO Burners: Distribution to holders who participated in the Chrono burn mechanism, acknowledging their commitment and signaling value alignment

These early distributions are designed to reward conviction and seed liquidity among high-signal participants.

In addition to the TGE allocation, Portals NFTs will receive an exclusive 10% of the total token supply, distributed as staking rewards over the first 12 months following TGE. This ongoing allocation reinforces long-term alignment with Portals’ most committed user base and ensures that NFTs remain a privileged mechanism for asset access and token distribution throughout the network.

The full breakdown of allocation categories, cliffs, and vesting periods is summarized in the table below:

vesting & unlocks

allocation categories, cliffs, and vesting periods are summarized in the table below:
Portals Token Design - Image 4

This structure ensures a thoughtful balance between network bootstrapping and long-term incentive alignment. Day-one token availability supports ecosystem activation, while longer vesting periods—particularly for investors, team members, and strategic growth—reinforce commitment to durable protocol success.

The full breakdown of allocation categories, cliffs, and vesting periods is summarized in the table above and visualized below.

allocations

Portals Token Design - Image 5

This chart illustrates the proportional distribution of the $PORTALS token supply across major stakeholder groups. The Community allocation dominates the initial supply, reflecting Portals’ commitment to long-term user and creator alignment.

emissions

Token Emission and Vesting Schedule (Cumulative Unlocks)
Portals Token Design - Image 6
Figure 2: Token Emission and Vesting Schedule (Cumulative Unlocks)

The vesting curve illustrates the controlled and linear release of supply over time. Note the initial unlock spike at TGE corresponding to the community, liquidity, and incubator allocations, followed by a smooth multi-year vesting schedule for investors, contributors, and protocol reserves.

3: Emissions and Supply Curve

$PORTALS follows a time-based linear emission model designed to balance short-term liquidity and long-term sustainability. The emissions schedule aligns token availability with the pace of network growth, ensuring that distribution incentives remain in sync with ecosystem development.

As visualized above in Figure 2, the initial supply will be 23%, which include allocations to the Portals NFT, Portals Points, OG Bonus and $CHRONO burner distributions, launch pool provisioning, and initial ecosystem incentives. Subsequent unlocks are governed by strict linear vesting schedules ranging from 21 to 36 months, with cliffs in place for team, investors, and growth reserves.

Future governance may refine the emissions model by introducing burn mechanics, staking-based distribution, or protocol-owned liquidity programs to further align token supply with network maturity.

Revenue Model

Introduction - Image 1

The Portals revenue model is built to align the economic success of the platform with the performance of its creator ecosystem. At its core, Portals monetizes the volume and liquidity of tokenized game assets—capturing value through trading activity, asset issuance, and yield on locked capital. Unlike traditional models that rely on user monetization or advertising, Portals generates revenue by facilitating and structuring efficient economic exchange.

1: Fee Capture Through Volume

Portals will capture protocol-level fees on every transaction within the network’s asset economy.

This includes:

  • Swap Fees on secondary market trading of tokenized assets
  • Redemption Fees when users burn purchased assets for stablecoins or SOL/LST
  • Primary Market Fees on initial asset issuance and sales
  • Protocol Royalties on all secondary transactions, enforced at the platform level

These fees apply uniformly across the ecosystem, creating a consistent and transparent framework for revenue generation. Platform-wide royalties are enforced on all asset transfers, ensuring the protocol maintains ongoing exposure to economic activity regardless of individual game or asset performance.

Fee flows are structured to split between the platform treasury and creators, with exact percentages subject to adjustment based on network conditions and governance over time. This model ensures creators retain strong financial upside while the platform captures sustainable margin from aggregate volume.

2: Liquidity Stickiness and Yield Capture

When game assets are paired with liquid tokens—particularly stablecoins or LSTs—they create locked pools of capital that underpin liquidity and price discovery. These pools remain in place unless assets are redeemed, giving Portals a degree of capital stickiness that is uncommon in user-generated ecosystems.

This backing capital can be passively deployed into yield-generating strategies through DeFi protocols, allowing the platform to earn returns while preserving redemption guarantees. Over time, this yield forms a second layer of revenue beyond transaction fees—supporting long-term treasury growth, liquidity incentives, and operational scalability.

The ability to generate recurring revenue from both active (volume-based) and passive (yield-based) sources provides a robust economic foundation for the network.

3: Creator Revenue Participation

Creators on Portals participate directly in the value they generate. Through the enforced revenue split model, they receive a share of primary and secondary market fees based on their asset sales and ongoing trading activity. This structure ensures that developers are not reliant on one-time payments or speculative mechanics, but instead benefit from ongoing user engagement and market volume.

Portals will provide infrastructure for creators to define pricing, scarcity, and access logic—but within a framework that enforces protocol-wide standards around fee capture and revenue sharing. This ensures network consistency while allowing sufficient creative and economic flexibility.

Incubator Program

To accelerate the deployment of high-quality games and deepen the liquidity of the Portals economy, the platform will introduce a structured Incubator Program. The objective of this program is to identify and support top-tier game developers and creative teams who can leverage the Portals infrastructure to build scalable, economically integrated experiences that contribute to the overall value of the network.

Rather than functioning purely as a grant initiative, the incubator is designed as a strategic pipeline for launching flagship projects—games that can serve as reference implementations for asset-backed economies, liquidity-driven game loops, and modular, reusable content frameworks.

1: Structure and Selection

The incubator will operate in cohorts, with periodic application windows and defined support timelines. Selection criteria will focus on the following:

  • Game design quality and technical feasibility
  • Potential for economic integration and asset tokenization
  • Alignment with the platform’s liquidity model (e.g., stable or $PORTALS-paired assets)
  • Team experience and ability to deliver on roadmap milestones

Accepted teams will receive structured support across multiple dimensions, including:

  • Technical Support: Dedicated engineering guidance for integrating tokenized assets, redemption logic, and in-game marketplaces
  • Funding and Liquidity Seeding: Access to $PORTALS grants and liquidity bootstrapping for asset pairings
  • Distribution: Featured placement within the Portals ecosystem and early access to engaged user cohorts
  • Economy Design: Collaborative sessions on asset design, pricing strategies, and capital efficiency models

2: Strategic Objectives

The incubator is not designed to maximize the number of games built, but rather to maximize the quality and economic signal of those launched. Each incubated game is expected to contribute materially to the following goals:

  • Increasing platform volume and protocol fee generation
  • Demonstrating best practices in asset-backed design
  • Seeding interoperable content that can be extended or reused by future developers
  • Locking and circulating $PORTALS through asset pairings and liquidity incentives

By concentrating resources on a focused portfolio of high-leverage projects, Portals can accelerate the growth of its economy while maintaining quality control and ecosystem coherence.

3: Integration with NFTs and Platform Access

Participation in the incubator may also be gated or enhanced through ownership of Portals NFTs, which serve as access credentials and reward layers for the most engaged users. NFT holders may receive priority access to incubated game launches, exclusive asset drops, and shared staking rights in game-specific liquidity pools. This creates a virtuous loop where early supporters are economically aligned with the success of the most promising projects.

Portals NFTs

The Portals NFTs serve as the foundational identity layer of the Portals Network—designed to reward early supporters, align incentives across the ecosystem, and provide privileged access to future content. Each NFT represents membership in a distinct faction and comes with reward multipliers, protocol integration benefits, and preferential access to asset distributions across the network.

1: Faction Multipliers and Reward Scaling

Portals NFTs - Image 1

The Portals NFT collection is organized into four Factions, each representing a different level of participation and reward intensity. These tiers directly impact the holder’s share of ecosystem rewards and airdrops:

  • Explorer: 1× reward multiplier
  • Collector: 10× reward multiplier
  • Strider: 100× reward multiplier
  • Operator: 600× reward multiplier

These multipliers are used to determine the relative share of token emissions, asset distributions, and protocol-aligned incentives received by each holder, scaled proportionally to the total rewards allocated to the NFT pool.

2: Token Allocation and Distribution Rights

To ensure long-term alignment between early adopters and the network in addition to their TGE allocation, 10% of the total $PORTALS token supply will be allocated to Portals NFT holders over the first year following token launch. This allocation will be distributed based on Faction multipliers rewarding and encouraging long-term alignment with the Portals platform.

Beyond this native allocation, Portals NFTs are positioned as the preferred distribution mechanism for the broader asset economy. Developers, creators, and protocol teams launching within Portals are strongly encouraged—and in some cases, required—to allocate a portion of new tokens, NFTs, or collectibles to the Portals NFT holder base. This creates a consistent and high-signal target cohort for new asset launches.

While not every protocol integration mandates allocation to NFT holders, strategically launched assets will benefit from the network effect of distribution to this aligned, high-conviction user group. In this way, Portals NFTs operate not only as a reward layer, but as an attention and liquidity routing mechanism across the ecosystem.

3: Platform Benefits and Exclusive Drops

In addition to their role in external asset distribution, Portals NFTs receive ongoing exclusive content directly from Portals itself. This includes special-edition in-game assets, access passes, and collectibles reserved for NFT holders, reinforcing their position as privileged participants in the network’s growth.

Over time, NFTs may also serve additional functions across the platform, such as gated access to incubator programs, early-stage game launches, and specialized staking or liquidity incentives.

Ecosystem Vision

Portals is building the foundation for a new economic layer in gaming—one where user-generated content is not only accessible and expressive, but also ownable, liquid, and economically aligned with its creators and users. This is more than a platform for building games. It is an emerging protocol for coordinating value across digital experiences through tokenized content, asset-backed incentives, and composable market infrastructure.

In the short term, Portals will continue expanding its creator base and ecosystem of games through the incubator, strategic grants, and NFT-based distribution. The asset economy will evolve iteratively, introducing redemption mechanics, liquidity pairings, and yield integrations to support scalable monetization and fee capture. Each of these layers is designed to reinforce one another: quality games drive volume, volume drives liquidity, and liquidity reinforces the platform’s defensibility.

Over time, the Portals Network becomes more than the sum of its parts. It becomes a decentralized asset exchange for game-native primitives—a marketplace for UGC that is economically interoperable, capital-efficient, and aligned by design.

The long-term roadmap includes:

  • Deepening the infrastructure for stable- and $PORTALS-backed assets
  • Expanding creator tooling for dynamic and modular economies
  • Scaling liquidity incentives to support protocol-owned markets
  • Evolving governance frameworks that empower stakeholders to shape network direction
  • Growing integrations with third-party protocols, gaming DAOs, and distribution channels

Portals is designed to be creator-first, user-aligned, and market-driven. It prioritizes value creation over extraction and builds toward an open future where the best content finds the capital, audience, and liquidity it needs to grow.

As new economic primitives emerge and games become fully-fledged microeconomies, Portals will stand at the center—not just as a platform, but as the protocol powering the next generation of game-native assets and digital trade.

Conclusion

Portals represents a new paradigm in gaming infrastructure: a platform where games are not just built and played, but owned, traded, and scaled through integrated market systems. By combining a no-code creation environment with a tokenized economic layer, Portals unlocks a new class of UGC—one that is composable, investable, and aligned with the long-term success of its creators and users.

As the lines between content, capital, and community continue to converge, Portals offers a framework for building not just games, but network-native economies. We invite creators, players, builders, and investors to participate in shaping the next phase of digital culture—where creativity is capital, and every asset has a market.