Port3 is a blockchain network aimed at aggregating and standardizing data (both off-chain and on-chain) through the creation of a robust social data layer to meet the diverse needs of Web3 users. Essentially, Port3 aims to become a one-stop Web3 social data oracle, ensuring that data ownership, identity, privacy, and rights on the Internet are always controlled by users.
Port3's complex ecosystem is composed of a series of interconnected products designed to disrupt the social media industry through blockchain technology. Port3 has over 4.5 million users and more than 5,000 partners, committed to community analytics to provide better services for the Web3 community.
With products like bot services, community marketing pushes, and analytics dashboards, Port3 has attracted many participants from the tech field, receiving funding from Binance Labs, Mask Network, and Aptos.
Activities on the network are governed by the PORT3 token, which supports various elements within the Port3 ecosystem.
How does Port3 work?
To address the issue of data centralization on the Internet, the infrastructure of the Port3 Network is divided into the following stages:
Data collection — As the first step of the platform, data is sourced from both off-chain and on-chain platforms. With a wide range of data sources, the network can better accommodate more users and comprehensively meet their needs.
Data aggregation — After data is collected, it enters a rigorous processing and standardization phase during which social data will be compressed and assigned available metrics and identity labels for analysis.
Data applications — Once data is standardized, it can be used by different users in the online community. Some data applications include targeted advertising, community management, and content creation.
Main features of Port3
The Port3 ecosystem consists of the following main features.
Bot Matrix
The Bot Matrix (or SoQuest Bot Matrix) is a bot service used to detect and analyze all social operations related to projects completed on the native SoQuest platform. The bots have two key functions:
Automate the project Telegram and Discord onboarding process for off-chain users
Aggregation and standardization of social media data for easier analysis
Port3's Bot Matrix covers the top ten public blockchains like Ethereum, Avalanche, and Near Protocol, helping many projects on the platform generate token quotes, analyze market sentiment, and even organize airdrops. Port3 platform
SoQuest
SoQuest is an open-source platform where stakeholders like DAOs and Web3 players can execute various off-chain and on-chain onboarding activities for Web 2.0 users, such as setting up NFT rewards and earning revenue while building Web3 identities.
This innovative mission platform has over 4,000 projects and has attracted more than 2 million users. With AI-driven dashboards and advanced data analytics, users can participate in activities and earn cryptocurrency (and other) rewards. Additionally, the platform has launched Android and iOS mobile applications to increase the user base.
As part of its innovative commitment, SoQuest has integrated the following technologies into its architecture.
QaaS
By using the Task as a Service (QaaS) widget on SoQuest, you can seamlessly integrate project display and analytics features into its official webpage. The project teams on the SoQuest platform can monitor activities, analyze project growth, and deepen their understanding of the project funnel.
BQL
SoQuest Blockchain Quest Language (BQL) is a user-friendly AI language that transforms natural language into executable commands, streamlining the blockchain interaction process for seamless engagement. Using BQL, users can automate complex on-chain activities like liquidity increases and staking into a single step.
SoGraph analytics platform
Port3 uses the SoGraph analytics platform to combine off-chain data from different sources with on-chain data, facilitating the construction of the social data layer. It employs advanced algorithms and machine learning, extracting standardized data from various applications through precise data analytics capabilities.
Then, the data can be used to develop various market metrics, create member lists, and monitor spam levels.
What is PORT3?
PORT3 is the governance and utility token of the Port3 network ecosystem. Since PORT3 is a native governance token, token holders on the platform can participate in the decision-making process of Port3's evolution. The project team believes that by providing incentives through tokens, the network will build a vibrant and engaged community, which is crucial for the platform's success.
Other use cases of PORT3 include:
Earn dividends through staking
Miners and payment tokens for network L2 nodes
Pay a deduction for the network's BQL functionality
Purchase credits for use in SoQuest
Used as a payment method in the social data layer
