What is Package Portal?

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Avatar for ZilliqaZebra
2 years ago

What is PackagePortal?

Package Portal Inc. is a US-based core team of four. They operate remotely with their lead engineers across Boston and Phoenix. PackagePortal aims to empower online shoppers and shippers to control their own delivery data and generate savings for one another.


What's the value proposition of PackagePortal?

Imagine for a moment, if some of the online shoppers responsible for a hundred million deliveries a day began scanning shipping labels with their mobile device.

There's never really been an incentive to do so before now, but what if we made it so that each scan earned some crypto?

Not only would these scans provide a crucial data capture not yet in existence, but it could also spawn a brand new advertising channel, right at the moment a product is retrieved.

This is what makes PORT so special. It’s the engine running a bonafide data service, that provides a legitimate value-add to one of the globes fastest growing industries; e-commerce.

PORT added to ZilSwap in Jan 2021

PORT was added to ZilSwap in January 2021. The founders created a PORT/ZIL liquidity pair with a token balance congruent to initial user rates, and will continue to add to the pool as users increase.

This is a strategic method and rate of token distribution into the pools, creating the option for existing users earning tokens to exit the platform if the should desire to do so, as well as enabling the broader ZIL community to access the token.


PORT Tokens

PackagePortal will sell delivery data to online merchants, and reward their customers for creating it. Since there’s hundreds of millions of deliveries around the globe daily, and “1 scan = 1 token”, then we’ll eventually need a LOT of tokens.

Once all 10 million original PORT are mined, the team will introduce XPORT, with a 10x total supply. Likewise, MPORT represents 1000 times the original PORT supply, &; remains locked until the last XPORT is mined.

Users who hold PORT tokens for extended lengths of time, rather than redeeming them, or trading them, will be eligible for special prizes and rewards. ny tokens purchased or obtained from 3rd party exchanges will not be eligible for redemption, however will be entitled to governance voting rights and LP yields.

At the present moment, 1 Port coin is worth 188 Zilliqa.

Get more info on their website: https://www.packageportal.com

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2 years ago

Comments

Certainly an interesting project. Is the project US only, or will it be possible to create PORT from data in Europe?

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