PORT3 Token
Port3 Network's (PORT3) primary function is to aggregate and standardize both off-chain and on-chain data. This process aims to create a universally accessible and powerful Social Data Layer. The Social Data Layer is intended to be widely applicable to various decentralized applications (DApps).
The primary use of Port3 Network is to build a comprehensive protocol for aggregating and standardizing diverse data types in the Web3 space. By combining off-chain and on-chain data, Port3 Network aims to develop a Social Data Layer that can be implemented across multiple DApps. This utility positions Port3 Network as a significant player in enhancing data accessibility and utility in the decentralized digital ecosystem, making it a valuable tool for developers and users within the Web3 community.
Port3 Network was established under the leadership of Jump Crypto and Kucoin Ventures. These organizations are well-regarded in the cryptocurrency and blockchain space. Alongside them, several top-tier institutions like EMURGO, Momentum6, SNZ, Adaverse, and Gate Labs also played a significant role in its development.