PORT3 (Port3 Network) Project Analysis Report

1. Research Institute Review

According to official data, Port3 Network has over 534,000 registered users, held over 74,600 launch events, and has collaborated with over 2,200 partners. The extensive cooperation network of Port3 Network and the continuously innovative product versions demonstrate a strong user growth trend.

2. Recent Outbreak Points

The project has relatively high popularity, good investment institutions, has participated in IDOs on multiple platforms like Bounce, and has a large number of active community users; the market-making team is a top institution, Jump Capital.

3. Project Introduction

Port3 aggregates and standardizes off-chain/on-chain data to build a universally accessible and powerful social data layer suitable for Web3 use cases. Port3 launched its product SoQuest to aggregate and standardize off-chain and on-chain data to build a universally accessible and powerful social data layer suitable for Web3 use cases. SoQuest is a task and minting platform covering 9 L1s and most EVMs.

4. Token Function

Staking, Governance

5. Token Economic Model

Ecosystem 36%, Private Sale 21%, Team 20%, Treasury 10%, Others 13%

6. Project Highlights

None

7. Investment Institutions

On February 3, 2023, a seed round of $3 million led by KuCoin Ventures, with other participating institutions including Jump Crypto, SNZ, Block Infinity, Dragon Roark, ViaBTC, Cryptonite, Lapin Digital, Cogitent, and Momentum6. On August 15, 2023, investors included EMURGO, Adaverse, and Gate Labs. The total financing amount has reached $13 million. Additionally, the Port3 Network has received grants from Binance Labs, Mask Network, and Aptos.

8. Community

320,000 followers on Twitter, 130,000 in the Discord chat group, and 67,000 in the Telegram group. The Discord chat group is more active, with many users being casual players.

9. Special Economic Model

None

10. Future Outlook

Port3's key product SoQuest is described as one of the most popular Web3 Quest platforms, helping projects build Web3 communities and aggregate various project activities and information. By initiating activities to attract user participation and provide rewards, it offers tools and platforms to support Web3 community engagement and development. This advantage belongs to the competitive edge of community building and user participation.

Basic Information

Project Introduction: Port3 aggregates and standardizes off-chain/on-chain data to build a universally accessible and powerful social data layer suitable for Web3 use cases. Port3 launched its product SoQuest to aggregate and standardize off-chain and on-chain data to build a universally accessible and powerful social data layer suitable for Web3 use cases. SoQuest is a task and minting platform covering 9 L1s and most EVMs.