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Portals Chrono Rush: Space Fight Game on Solana | Get in Early to Make The Most and Earn $CHRONO

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Seb Montgomery

9 months ago

Score: 400

The summaries and transcripts on this page are generated with AI technology and may not perfectly represent the content of the video. Please use the information as a guide only.

Executive Summary

Okay, here’s the lowdown on Portals Chrono Rush based on that video.

Portals Chrono Rush is an upcoming idle space fight game built on Solana, where the main goal is to earn the $CHRONO token. It combines NFT ownership benefits with a strategic idle gameplay loop, offering both free and paid ways to participate right from launch. The emphasis is on getting in early to potentially maximize earnings through the initial token distribution and battle rewards.

Here are the key details:

  • GameFi is making a comeback on Solana, and this game, Portals Chrono Rush, is seen as a very interesting part of that.
  • It's an idle space fight game, meaning you don't need to actively play for hours; you can jump in periodically.
  • The core loop involves using the $CHRONO token to deploy your fleet, upgrading your ships, and earning more $CHRONO rewards.
  • Battles are simulated every 30 seconds, and you earn $CHRONO based on your fleet's standing.
  • The game has been developed in-house by Portals.
  • There are multiple ways to acquire the $CHRONO token: a pre-sale vault, owning specific NFTs, and through in-game battle rewards.
  • The launch system is considered very fair. 50% of the initial token supply is distributed to over 50,000 existing NFT holders across various Solana communities.
  • Giving tokens to many NFT communities acts as a stress test for Portals and helps generate buzz about the technology and the game.
  • The other 50% of the initial supply is available through a "Meteor" or "Alpha Vault" pre-sale.
  • 100% of the funds raised from the pre-sale vault will go into the token's liquidity pool (LP) and will stay there. The project will only generate fees from trades on that LP.
  • The majority of the total token supply, 60%, will be distributed over time through in-game battle rewards.
  • The remaining initial supply is split: 20% to NFT holders via airdrop and 20% to the pre-sale vault participants.
  • The token distribution happens over three seasons, with 50% of the initial distribution occurring in Season 1, which lasts only seven days. This emphasizes getting in early for Season 1.
  • Key dates are critical:
    • The pre-sale vault closes tomorrow (from the video's recording date) at 5:50 a.m. PST (12:50 p.m. UTC).
    • The airdrop claim for eligible NFT holders opens the same day the game launches, at 7:01 a.m. PST (2 p.m. UTC).
    • The actual game battles begin later that day at 11 a.m. PST.
  • Getting in early on launch day, especially for Season 1, is heavily stressed as the period with the highest potential rewards relative to participation.
  • Portals has been around for a while; they previously airdropped "Loot Boxes" to over 300,000 wallets holding various Solana NFTs.
  • If you received a Loot Box, you can go to a secondary marketplace like Tensor to sell it, or you can open it within the Portals game for points or NFTs, which might relate to future Portals token allocations. Checking your wallet for these free items is a good idea.
  • The pre-sale link is found in the Gitbook documentation.
  • The pre-sale (Alpha Vault) mechanism is different from typical ones (like the DeFi Dungeons refund model); whatever SOL is deposited stays, and you get a proportional amount of tokens based on your contribution vs. the total deposited SOL.
  • This pre-sale mechanism helps set the starting market cap and fully diluted value (FDV) of the token.
  • They initially aimed for a $45,000 USD starting market cap from the pre-sale, but it has already surpassed that.
  • To participate in the pre-sale, you need SOL in your wallet, connect your wallet (like Solflare) to the vault link, and deposit your desired amount of SOL. Depositing a couple of hundred SOL was mentioned as a personal plan to play the game.
  • A really cool feature mentioned for the early stages of the game is an AI agent you can talk to via voice to discuss strategy and get pointers on how to play effectively.
  • Your goal in the game is simple: deploy your fleet using $CHRONO, then continuously upgrade your ships to earn more.
  • My personal strategy will be to use the $CHRONO obtained from the pre-sale vault and any airdrops to upgrade ships as fast as possible and try to rank high on the leaderboard, potentially aiming for a spot in the top 100. It might not work, but it sounds like a fun challenge.
  • The "Fleet Dashboard" is where you'll monitor your winnings, stats, and manage upgrades.
  • There's also a "Galaxy Map" to see active battles and purchase upgrades.
  • There are five upgrade types for your ships: Fleet size, firepower, fire rate, fleet health, and fleet speed.
  • Each upgrade has 100 levels. Deciding which upgrades to prioritize will be key to competing effectively.
  • The leaderboard provides a competitive element and could offer branding opportunities for large players or projects.
  • Currently, the battles are 1 vs 1 between individual fleets. Future seasons or games might introduce guild or clan battles, which would be very cool.
  • The current game structure is seen as a very good first "Minimum Viable Product" (MVP).
  • Season 1 lasts exactly seven days and has a significant prize pool of $CHRONO (16,800 units mentioned, likely referring to the initial season pool).
  • The prize distribution has a deflationary curve, meaning the rewards are highest in the very beginning and decrease over time, reinforcing the "get in early" strategy.
  • Getting in on day one as soon as possible is compared to mining Bitcoin in the early days (2009) because that's when the most rewards are available relative to the competition.
  • The strategy is to get $CHRONO tokens (from vault or airdrop), put them into the game immediately, and focus on upgrades.
  • There might be potential to take some profits if the game gains significant hype by the end of Season 1, although this is uncertain.
  • The airdrop requires you to have owned specific NFTs from confirmed communities (list includes Mad Lads, Geckos, Alpacas, DKS, etc.).
  • For Portals NFT holders, staking their NFTs is required to be eligible for the airdrop. The allocation amount is higher for bigger/rarer Portals NFTs.
  • The airdrop is free in terms of token cost, but you still need a small amount of SOL in your wallet to pay the transaction fee to claim it.
  • Overall, it's presented as a fun game to get involved with, potentially offering good returns if played strategically, especially by participating early.

Transcript

Gamefire is coming to Solana. It's already been here before, it's coming back, and I think this is very, very interesting. So I'm going to talk to you right now on why you should get involved with this literally today, because in a couple of days this game launches and it's free. If you want to be free and pay nothing, you can also just have fun like that. It's an idle game, so it won't take up much time. It is Portals. Portals, they've got this game that they've developed. It's in-house. It's been developed in-house. It's having this token Chrono, which you can go and buy now in a particular fashion. I'll cover soon, but you can also get just an allocation if you own NFTs. I've got all the details I've gone through, all the research, so I think this is pretty cool. Now, keep in mind one thing that DeFi Dungeons is coming along in just a couple of days, so there is going to be this massive narrative that kind of comes our way, and I think that's going to make it really, really exciting for Solana and just games in general. So you want to support these games. You want to try them out. You don't have to pay any money. Just get amongst it, and you may end up doing well. We're going to go through this as fast as possible. Okay, so it's an idle space flight, sorry, it's an idle space fight with on-chain token rewards every 30 seconds. You use Chrono to deploy your fleet. You upgrade your ships, and you earn additional Chrono. So an idle game means it's not like Call of Duty or whatever. You don't have to play for hours. You could jump in a couple of times a day or once a day, potentially, or less, but I would probably be aiming to jump in like 10 times, earning the Chrono, upgrading the ships, because I'll cover that more in a second. You can see there's quite a few NFTs that will qualify, and I'll go through those as well. It has a very fair launch system to it. 50% of the initial supply will be distributed to 50,000 plus NFT holders, and this is, in my opinion, kind of acts as a stress test for portals, and it just gets people talking about, you know, the technology, which is why we're ultimately here. We're here for gains, but also the technology. The other 50% will be available in a Meteor or Alpha Vault, where 100% of the liquidity from the pre-sale will go into the LP, and I've been confirmed by bus that it will stay in the LP. They will generate some fees, which they can use however they like, maybe some operational costs or whatever, but the actual money they raise, which probably won't be that much, maybe it's like 300, 400 soles, that will stay in the LP. This vault is now open. It's using Meteor, but I can't find the actual Meteor link, but I'll show you how this works. Then we'll go over this in a little bit more detail in a second, but I'll cover it here. So the majority of the tokens supply will be distributed through the in-game battle rewards protocol. So 40% is up for grabs initially, 20% goes to NFTs, and 20% goes to the Meteor Vault, and then over three seasons, we get a deployment of funds, or of this chronos. 50% in season one, which lasts seven days, and then season two, we don't know how long it's going to last, and season three, another little segment there. But 60% of the total supply is just as battle rewards. These are the key dates, keep in mind. Pre-sale vault closes at tomorrow, 5.50 a.m. PST, which, you know, just for record, anyone, any project out there, you can put your PST time if you want, but you should also have UTC because that's universal. So that's 12.50 p.m., so midday-ish for UTC. Otherwise, really, really early if you're up bright and early. So you want to get in now, and I'll go over the Meteor Vault in a little bit, in a second as well. And then it goes live, and airdrop claim opens at 7.01 a.m. PST, which, I mean, we can go and just put 7 a.m., that's close enough. You'll see that's 2 p.m. UTC. And then the battle begins the same day at 11 a.m. PST, which by this stage, I'm pretty sure you can work it out, but quite a few people should be able to get amongst this. Maybe not those in Asia, they may be sleeping. The key is to get in early. All right, so let's just show you a couple of things. A little bit, very brief amount of history, like 20 seconds of history. If you're familiar with portals that have been around for quite some time, if you go to Linktree here and click on the Linktree at their Twitter account, has a list of all these things, like where you can buy the NFTs and join and jump into the website and have a look. One thing you may know, and you may have these already in your wallet, so you can go and do this now. Go to secondary marketplace, like Tensor, you can buy these portal loot boxes, or you can sell them if you don't want them. You can sell them, buy them, whatever, and then you take them into the game, and then you go and open them, and they give you different things or points. The points will probably equate to the portals token in the near future. So I just went and I just did a little bit. I have no idea what these are worth, to be perfectly honest, but I just did it because it's a bit of fun. And this actually had over 300,000 active wallets or active NFT communities, whatever, that were airdropped these loot boxes. So you just go and open the loot box, you sign a transaction, and maybe it takes like a minute or so, and you get an NFT or some sort of points. And these were given to you for free. So go and check your wallets because you may want to sell them, or you may want to open them. All right, we won't show you what this is because it might take a little bit of time, or maybe it's good to go. Come and roll at 100 points. Okay, cool. Let's go over the next part. The next part is the pre-sale information. And then I'll go over the gameplay. So pre-sale link is all found in the docs. The Gitbook docs will be linked below. And it is an alpha vault apparently, but it's not a typical alpha vault like DeFi dungeons. DeFi dungeons, they were trying to raise 3 million, 130 million went in, and then there's a refund. This is just whatever goes in, stays in. It's done a little bit differently, but it just also means that if you get in the first minute or if you get in the last minute, you get the same amount of pro rata tokens. And this kind of sets the actual, it sets like the FDV and whatnot. They thought they were after a starting market cap of 45,000 USD. And then the ending market cap and average purchase price per token will be dependent on the deposits. It's already past 45,000. And there is this setup here, which doesn't update in real time, but it updates pretty regularly. It shows how much is in there. And that kind of calculates the FDV. So FDV is fully diluted value. And remember, this is only 20% of the total supply. So you don't have to put your funds in here, but you can if you want to. If you want to get in here, you just come here. You need to go in with soul. So make sure you got a little bit of soul in your wallet or do a little bit of a swap. I'm going to go in with just a couple of hundred because I do want to play this game. I think it'll be fun. This and DeFi dungeons. Connect your wallet, select your wallet, soul flare, connect, a few extra steps there, but connect away. This will connect and then we can put our soul in. So thus far, 124 is one day. And thus far, I've put in 0.2. I've just swapped for a little bit more. So I'll put in like two soul. Deposit that in there. And then I'll get some tokens to actually claim. Now let's go back to the Git book and let's go over a bit of the strategy. One really, really cool thing is when the game goes live, there is an AI agent, which you can speak voice to voice, put on your microphone, you can speak to the AI agent in the game or like early stages of the game and you can discuss strategy and it will give you pointers on different strategies on how you can do it. Because those that get in early, I imagine there's going to be quite a few people playing this. I would probably say, you know, over 10,000 wallets and potentially even higher than that, to be honest. This will mean that those that get in early and upgrade the ships may end up doing well. That is my opinion only. Let's go into it. Okay. So coming back here, go back to the main thing. Your goal is to first deploy your feet, which will cost, I guess, some chrono. And then upgrade your ships and then you reap the rewards because there are these battles happening every 30 seconds and 60% of the supply will go back. So I'm just going to do this and I'll tell you if it changes. I'm going to take the chrono I get from the vault and any random NFTs, which we'll cover shortly. I'll go and claim that. And then I'm just going to try and get myself in that top 100 spot. Not sure if it'll work, but I'm going to give it a go just because I think it will be fun. And I'd love to see, you know, 20 or more games on portals with this format and they'll refine things over the months. So every 30 seconds of battle between all flights or fleets, sorry, will be simulated. At the end of 30 seconds, you'll be allocated a chrono prize based on your battle standing and use your fleet dashboard to monitor and manage your fleet. You can view and claim your active chrono winnings, see your various stats and upgrade your fleet. So my goal is just going to be, like I said, upgrade, upgrade, upgrade as fast as I can. There'll be other people out there that will be doing this as well. You can also check out this galaxy map where you can see the active battles and purchase upgrades here. I'll show you when it's out. You've got five different upgrades. I don't know which ones are going to be like the most bang for buck. Fleet size, firepower, fire rate, fleet health, fleet speed. I imagine it's probably going to be a system where to go up to the next level, it'll get more and more expensive, kind of like Steppen did. And so you may want to upgrade this a little bit and then upgrade, like you may want to upgrade them all, but we're going to have to work out what is the best thing. Each upgrade has a total of 100 levels worth of upgrades. Strategically choose your upgrade to make your ships more competitive against others. There'll be a leaderboard as well, which if the game takes off and you can do whatever you want to do, this will be like a little bit of a branding opportunity, like maybe Jupiter enters a fleet. In terms of the fleets, it can't be like, all right, anyone that watches Seb Monty's channel, let's just form a telegram and coordinate. It's just one person versus the other. Maybe something like that will be built into a future game. Maybe something like that will come into season two, just a battle of general fleets and the amount of firepower you put in is a win, like a clan or a guild. That would be really, really cool. But this is a very good first MVP. You can go through all this. We've basically covered this. The only thing I want to cover is the first season will last seven days with a total of 1,000, sorry, 16,800 prize pools allocated. And it's a deflationary price curve. So I think we'll see that shortly. We've already covered this, so we won't cover it again, but this is a low FDV pre-sale. This is a good system. And the airdrop, so 50% goes to portals holders. You have to have staked your portals NFTs. So there are some people in the portals communities like Hugh, who has half a million dollars worth of, or did have half a million dollars worth of portals, just sold went, gone down in value, like was all in on portals, right? And then there, so he's probably going to give a massive airdrop and then the other Solana NFT communities. But ultimately this is a free airdrop. You do have to claim it though. So you have to spend that little bit of soul. These are the confirmed communities. So I think this could be flash beasts. I'm not sure, but you'll recognize quite a few here. So maybe like alpacas from DeFi lands, mad lads, geckos. By the way, if you have a hundred geckos, you get a hundred times the allocation. You can see them all, DKS, Radiance, Cats, Arori. And you'll recognize these. If you own these NFTs, you'll recognize them. And then with portals holders, most people are going to have an explorer, but basically you get more the bigger NFT you have, which is to be expected. Let's have a look at the battle rewards quickly. Uh, this is what I want to show you. So this is season one. We need to get in early, early on day one, as soon as possible, because that's where the majority of the, of the supply is coming. This is like Bitcoin mining, uh, way back in 2000 and 2009, like the early, early days. This is when you want to get involved, uh, because here there'll be less, less rewards coming. So my strategy at this stage will be get amongst it, get amongst it, get amongst it, get amongst it, take those, put them into the game. And the token may go up, the token may go down. I have no idea, but I think it's a bit of fun and it's worthwhile. And there may be a long, I can discuss, um, you know, taking some profits if the game has a whole lot of, uh, hype at the end of season one. I imagine they're going to go into season two pretty quickly, but I don't know, uh, that. Pre-seal information. We've basically covered this to be perfectly honest. That's all. Let me know your thoughts. Make sure you subscribe and check out these two videos over here.

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Duration13:08