Ontology Network recently launched a $10 million fund, to enhance the development, adoption, and education of decentralized identity (DID) technologies; The partnership with Portal, backed by Coinbase, OKX, and Arrington Capital, signifies the marriage of two pioneering protocols with a shared vision of true financial self-sovereignty and ownership of one’s assets and online identity.

“Ontology is excited about the collaboration with Portal DeFi and the opportunities it presents. Our focus is on bringing our communities together to explore new possibilities. We look forward to seeing the innovative solutions this partnership will generate.” — Raindy Lu, Head of Marketing

Looking forward, Ontology plans to integrate its native chain and assets as well as the aforementioned Ontology EVM. This will give the Portal community access to Ontology tokens and dApps, fostering collaboration and introducing them to Ontology’s cutting-edge DID and Reputation protocols.

“This integration with Ontology aligns with our mission of bringing users sovereignty, privacy, and security to their lives online. The vision of Web3 is built upon the freedom to own one’s data, identity, and finances, and we are achieving this through innovative partnerships with top tier infrastructure like Ontology,” — Dr. Chandra Duggirala, CEO & Co-Founder of Portal.

Ontology is a high-performance, open source blockchain specializing in digital identity and data. Ontology’s unique infrastructure supports robust cross-chain collaboration and Layer 2 scalability, offering businesses the flexibility to design a blockchain that suits their needs.

With a suite of decentralized identity and data sharing protocols to enhance speed, security, and trust, Ontology’s features include ONT ID, a mobile digital ID application and DID used throughout the ecosystem, and DDXF, a decentralized data exchange, and collaboration framework.

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Alongside $WELT tokens in its gaming ecosystem, $PORTAL tokens can be used in the future in the games under Fabwelt Ecosystem. Basically, play every game on every chain with $PORTAL coin.

Moreover, Portal is onboarding 1 billion users to blockchain gaming with their strong experience from a gaming background and a wide display of influential marketing teams.

About Fabwelt

Fabwelt is a ground-breaking concept that integrates blockchain technology into the heart of high-quality games of all types and genres. With in-game NFTs, Play to Earn, and DEFI, we create a high-end gaming ecosystem and enhance the fun. A multi-genre gaming ecosystem that includes genres such as 3D First Person Shooter, Action-Adventure, Simulation, Strategy, Fantasy, and many others. In-game NFTs as assets, collectibles, and strategic utilities resurrect the fun of Blockchain gaming.

They incorporate all of their games into a never-before-seen digital reality. This is referred to as the Gamingverse. They provide the technology to have never-ending fun with features like Universal NFTs, digital cross-game identification, and multi-tiered tournaments, which are powered by gamers.

Website |   Twitter

About Portal

Portal’s vision of connecting all games on every chain through a single coin holds significant potential for the gaming industry. It simplifies the user experience, enhances liquidity, and fosters a vibrant ecosystem where gamers can freely interact and engage with various games and platforms. With Portal, users can hold a single coin that has value and utility across all supported games and platforms.

Website | Twitter

SOURCE:
https://fabwelttoken.medium.com/fabwelt-studios-partners-with-portal-217d6ad6c2a6

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PlaceWar, known for its gamified internet culture metaverse, allows users to engage in tactical conflicts and form alliances. It offers a gaming experience that skillfully combines competition and innovation while motivating players, through the ground-breaking Play-to-Earn features. By incentivizing battle and creation, PlaceWar ensures that players are at the center of the action, motivated by strategic gameplay and tangible rewards.

Portal is a universal gaming token & platform and has been driving the adoption of web3 games and generating millions in sales for its partners. With an ecosystem of games and players unified by a single multi-chain coin, Portal has overcome adoption barriers and operational challenges. Through exclusive collaboration with entertainment giants like WME, Portal has gained access to millions of mainstream gamers, ensuring immense exposure and growth opportunities for its partners.

The partnership between PlaceWar and Portal represents a new era of collaboration and innovation within the gaming industry.

About Portal

Portal is a Universal Gaming Token & Platform with an ecosystem of games & players unified by a single multi-chain coin. In 2022 they drove over $300 million of sales to web3 games and have signed a roster of web3 studios and titles to join the platform upon launch in Q2 next year.

Portal solves adoption barriers, single-game token risk, and ops challenges for users and developers while giving studios and titles like you direct access to millions of mainstream gamers via their exclusive partnership with WME and other entertainment titans, letting you strategically close game-changing distribution and IP deals to drive top of funnel awareness and revenue growth.

Website | Twitter

About PlaceWar

PlaceWar is a Gamified Internet Culture Metaverse, the battle to earn (P2E) social Gamefi strategic artillery game ecosystem. Multi-chain with highly engaging artillery gameplay allowing players to create and define the outlook of the in-game world through building, battles, and alliances.

Inspired by Worm and r/place, PlaceWar creates a gamified and open Internet culture metaverse and puts users in control. You are guaranteed a gaming experience that you’ve never seen before in any other Play-To-Earn games. They integrate battle and creation, and we make sure there is an incentive mechanism to support them both.

Create by conquest. Earn with strategies. Gear up, commander!

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SOURCE: MEDIUM

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The Whirlpools Rotation #7 a wave of new stableswaps and a Double-Dip from Media is washing into the Orca ecosystem.

Whirlpools Rotation #7 🌀

• Duration: Thursday July 14th — Thursday July 28th, 2022
• Total Rewards: ORCA rewards for this Rotation will be ~35K ORCA per week, with the distribution across their pools detailed below. All Whirlpools and Aquafarms are now open and rewards will begin on July 14th at ~20:00 UTC.
• Events: Orca is proudly supporting the the Solana Summer Camp online hackathon, with prizes of up to $50,000 for innovators in the DeFi space. They encourage all podmates who want to build in the ocean of DeFi to participate!
• Members of the Orca Strategy team will also be attending the Solana Hacker House in Paris this Rotation. Be sure to drop by and say hello if you’re in the area! 👋

Double-Dip pools

Double-Dip Whirlpools offer LPs two different token rewards plus trading fees.

#1 MEDIA/USDC from Media Network

• Double-Dip duration: July 14th — December 29th 2022
• Media rewards: 2,075 MEDIA per week
• Orca rewards: ~500 ORCA per week

#2 ABR/USDC, aFTM/USDC, acCELO/USDC from Allbridge

• Double-Dip duration: July 14th — August 11th 2022
• Allbridge rewards: 4,600 ABR per week across all pools
• Orca rewards: ~1,000 ORCA per week across all pools

Other fresh Whirlpools…

Whirlpools offer market-savvy LPs the opportunity to compete for higher yields

While these Whirlpools receive no additional token rewards, they are highly capital efficient and provide tactical opportunities for Sharks! 🦈

#3 DAI/USDC (bridged by Portal)

#4 UXP/USDC (from UXD Protocol)

Deepsea Insights

With every Rotation, there’s always something interesting going on in the Orca ecosystem…

Last Rotation we welcomed the DUST/USDC and DUST/SOL Whirlpools that are running swimmingly for LPs with no rewards except trading fees!

And stablecoin yields from USH/USDC (from Hedge) and USDH/USDC (from Hubble) continue to an interesting pair of pools to explore— but be sure to understand the risks in these stormy market conditions!

About UXD Protocol

UXD Protocol a fully collateralized decentralized stablecoin backed by delta-neutral position using derivatives.

Website | Twitter |

About MEDIA 

MEDIA the cornerstone and vital artery of the network’s economy. It is the medium of exchange between bandwidth providers and anyone renting the CDN service, powering and enabling the long-term ecosystem self-sustainability.

Website | Twitter |

About Allbridge

Allbridge a simple, modern, and reliable way to transfer assets between different networks. It is a bridge between both EVM and non-EVM compatible blockchains, that aims to cover L2 solutions and NFT transfers in the future.

Lastly, Allbridge’s mission is to make the blockchain world borderless by providing a tool to freely move assets between various blockchains.

Website | Twitter |

About Orca

Orca the easiest way to exchange cryptocurrency on the Solana blockchain. There, you can exchange tokens with minimal transaction fees and lower latency than any DEX on Ethereum, all while knowing that you’re getting a fair price. Additionally, users may provide liquidity to a trading pool to earn a share of trading fees.

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