#Port3 #BinanceAlphaAlert🔥

Basic Information

Name: Port3 (PORT3)

Type: Web3 Social Data Gateway

Ecosystem: SoQuest, SoSignal, SoPush

Key Events

2023-02-02: Completed $3 million seed round funding

Project Background

The Web3 world is thriving as it explores data rights, data analysis, data services, and data earnings around decentralized on-chain identity. Port3's goal is to build a decentralized reputation system to aggregate social data and achieve identity verification. The project is based on the concept of SBT (Soulbound Token), deeply binding user identity with token characteristics, aiming to accelerate the transition of Web2 users to Web3.

Port3's Implementation Approach

Multi-dimensional aggregation of on-chain and off-chain data: Port3 aggregates Web2 and Web3 data to establish a mechanism for extracting standardized data from raw data. This process provides foundational data for labeling user identities, covering aspects such as identity, preferences, and social connections, thus realizing a secure and private Web3 identity system.

Building a Decentralized Social Data Oracle: Port3 is committed to addressing core issues such as data organization and connectivity, data rights belonging to users, and user privacy protection. Through the decentralized processing of social data, Port3 has created an open data layer service, ensuring that data rights belong to users, and distributing earnings to data contributors through an incentive layer.

Conclusion: A highly promising Web3 project 😎