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About Port3 Network
Port3 Network (PORT3) is a cryptocurrency that operates as a Web3 Data Layer protocol, designed to aggregate and standardize a wide range of data, including both off-chain and on-chain information. Its development has been led by prominent entities in the crypto space, including Jump Crypto and Kucoin Ventures, with support from other major institutions. The goal of Port3 Network is to create a universally accessible Social Data Layer that can be integrated across various decentralized applications, enhancing the utility and accessibility of data in the Web3 ecosystem.
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.