Port3 Network Price(PORT3)

Port3 Network is a blockchain-based data oracle that aims to revolutionize the social media industry by creating a unified social data layer for web3 users. It addresses the problems of data leaks, privacy invasion, and content control that are prevalent in centralized social media platforms.

Port3 Network works to aggregate and standardize data from both off-chain and on-chain platforms through its sophisticated infrastructure and key features. The process begins with data collection, where data is acquired from various sources, both off-chain and on-chain. This extensive data collection allows Port3 to accommodate more users and address their needs comprehensively.

Once the data is collected, it goes through a phase of data aggregation. During this stage, the social data is processed and standardized, compressing it and assigning usable indicators and identity tags. This standardization facilitates analysis and makes the data more accessible and useful.

After the data has been standardized, it can be utilized by various users in the Port3 community. Some of the applications of this data include targeted advertisement, community management, and content creation. Port3 provides a range of products and features, such as the Robot Matrix, SoQuest, QaaS, BQL, and the SoGraph Analysis Platform, to enable users to make the most of the aggregated and standardized data.

Port3 Network's ecosystem is characterized by several key features, including the Robot Matrix and SoQuest.

The Robot Matrix is a bot service that detects and analyzes social actions performed by projects related to the network's SoQuest platform. It automates the process of joining a project's Telegram and Discord for off-chain users and aggregates and standardizes data from social media for analysis. With coverage of ten public blockchains, the Robot Matrix has been instrumental in generating token quotes, analyzing market sentiment, and organizing airdrops for projects on the platform.

SoQuest, on the other hand, is an open-source platform where stakeholders such as DAOs and web3 players can perform various on-chain and off-chain onboarding activities for Web 2.0 users. It offers features such as setting NFT rewards and earning while building a web3 identity. SoQuest has integrated technologies like Quest-as-a-Service (QaaS) and SoQuest Blockchain Quest Language (BQL) to enhance its functionality and user experience. Additionally, the platform utilizes the SoGraph analysis platform to combine off-chain and on-chain data, extract normalized data, and develop market indicators.

The Robot Matrix bot service provided by Port3 Network plays a crucial role in helping projects on the Port3 platform with social media analysis and market sentiment. The Robot Matrix is designed to detect and analyze all the social actions performed by projects related to the network's SoQuest native platform.

The bot service automates the process of joining a project's Telegram and Discord channels for off-chain users, making it easier for users to engage with the project's community. Additionally, the Robot Matrix aggregates and standardizes data from social media platforms, which is then used to facilitate analysis.

By utilizing the Robot Matrix, projects on the Port3 platform can generate token quotes, analyze market sentiment, and even organize airdrops. The bot service covers ten public blockchains, including Ethereum, Avalanche, and Near Protocol, providing comprehensive coverage for projects on the platform.

SoQuest is an integral part of the Port3 Network ecosystem that enables onboarding activities for Web 2.0 users to transition to web3. It is an open-source platform where stakeholders, such as DAOs and web3 players, can perform various off-chain and on-chain onboarding activities for Web 2.0 users. SoQuest allows users to set NFT rewards and earn while building a web3 identity.

With over 4,000 projects and more than 2 million users onboarded, SoQuest provides a seamless and user-friendly experience for Web 2.0 users to enter the web3 space. It offers an AI-powered dashboard and advanced data analytics, allowing users to participate in campaigns and earn crypto rewards. SoQuest has also launched mobile apps for Android and iOS to further expand its user base.

SoQuest incorporates innovative technologies such as Quest-as-a-Service (QaaS) and SoQuest Blockchain Quest Language (BQL) to simplify interactions with blockchains and enhance project capabilities. Additionally, the platform utilizes the SoGraph analysis platform to extract and analyze data from various sources, creating a comprehensive social data layer.

SoQuest, the open-source platform integrated within Port3 Network, incorporates several technologies and features to enhance its functionality and user experience. Two notable technologies integrated into SoQuest are QaaS (Quest-as-a-Service) and BQL (SoQuest Blockchain Quest Language).

QaaS, or Quest-as-a-Service, is a widget that allows seamless integration of a project's display and analytical capabilities into its official web pages. This integration enables project teams on the SoQuest platform to monitor activity, analyze project growth, and gain a deeper understanding of a project's funnel.

BQL, or SoQuest Blockchain Quest Language, is a user-friendly AI language that simplifies interactions with blockchains. It transforms natural language into executable instructions, making it easier for users to combine complex on-chain activities into a single step. BQL enables users to automate tasks such as liquidity addition and staking, streamlining their interactions with blockchains.

These technologies, along with other features like the Robot Matrix and the SoGraph analysis platform, contribute to the comprehensive and powerful social data layer provided by Port3 Network.

The SoGraph analysis platform plays a crucial role in the construction of a social data layer in Port3. By combining off-chain data from various sources with on-chain data, SoGraph enables the extraction and analysis of normalized data using advanced algorithms and machine learning techniques. This allows for the creation of market indicators, member lists, and the monitoring of spam levels.

The SoGraph analysis platform contributes to the construction of a social data layer by providing accurate data analysis capabilities. It helps aggregate and standardize data, making it easier to analyze and utilize for various purposes within the Port3 ecosystem. This includes targeted advertisement, community management, and content creation.

Furthermore, the SoGraph analysis platform enhances the privacy and control of web3 identities by ensuring that users have ownership and control over their data. This aligns with Port3's vision of revolutionizing the social media industry and empowering users in the web3 space.

The utility of the PORT3 token lies in its role as a governance token for the Port3 Network ecosystem. As a native governance token, PORT3 holders have the power to participate in the decision-making process regarding the evolution of the Port3 platform. This means that token holders can contribute their opinions and vote on important matters that affect the network's development and direction.

In addition to its governance function, the PORT3 token also serves as a utility token within the Port3 ecosystem. It powers various activities and features on the platform. Users can stake their PORT3 tokens to earn dividends, use them as gas and payment tokens for the network's L2 nodes, and pay credits for the network's BQL feature. Furthermore, PORT3 tokens can be used to purchase credits for use on the SoQuest platform and can be used as a form of payment on the social data layer.

In addition to its role as a governance token, the PORT3 token has several other use cases within the Port3 Network ecosystem. One of these use cases is staking, where token holders can lock up their PORT3 tokens to earn dividends. This provides an opportunity for users to earn passive income by participating in the network.

The PORT3 token also serves as a gas and payment token for the network's Layer 2 nodes. Users can use PORT3 tokens to pay for transaction fees and other costs associated with using the network's Layer 2 infrastructure.

Furthermore, the PORT3 token can be used to purchase credits for the network's BQL feature. BQL, or Blockchain Quest Language, is a user-friendly AI language that simplifies interactions with blockchains. Users can use PORT3 tokens to access and utilize this feature.

Lastly, PORT3 tokens can be used as payment on the social data layer provided by Port3. Users can use PORT3 tokens to access and pay for various features and services within the social data layer, such as targeted advertisements, community management, and content creation.