$PORT3 #Port3 #BinanceAlphaAlert

Today, we introduce and analyze the Port3 Network project

Project Positioning

A one-stop social application project that builds a Web3 social data layer by aggregating and standardizing off-chain/on-chain data, facilitating Web3 identity creation and development, with the vision of becoming the core gateway for Web3 social data.

Core Products

Includes the SoQuest platform (aggregating project activity information, aiding community building), SoSignal (providing social and market data dashboards), SoPush (information push platform), SoPad (social launchpad), BQL (simplifying blockchain operations), Port3 Layer 2 delegated voting (nodes), etc.

Problems Addressed

Tackling issues such as immature growth strategies for Web3 projects, high entry barriers for Web2 users, significant traffic distribution losses, and lack of refined operations, providing one-stop services and features to enhance user participation and retention.

Advantages and Challenges

Advantages

Possesses strong data processing capabilities, has incentive mechanisms, emphasizes user privacy protection, and has a wide range of application scenarios.

Challenges

The methodology for Web3 growth is not perfect, features lack prominent advantages, and there is a high overlap with users from certain platforms.

Financing Situation

Multiple rounds of financing have been completed, with a total financing amount reaching 10 million US dollars, and also received grants from Binance Labs and others, with funds used to promote BQL.