Port3 Network (PORT3): Unified Social Data for Web3
AI Summary
Show More
Quickly grasp the article's content and gauge market sentiment in just 30 seconds!
Social media has become deeply engraved in our daily lives. However, most of it is still heavily centralized, with control remaining in the hands of Web 2.0 tech conglomerates like Facebook.
As such, Web 2.0 social data constantly battles with various pain points such as data leaks, privacy invasion and content control. While web3 provides a way to address these challenges through the decentralization of data, most of the apps in this space remain small.
Enter Port3 Network. As a blockchain-based data oracle, Port3 Network has a grand vision of revolutionizing the social media industry by providing a gateway to transition social data from Web 2.0 to web3. Let’s take a closer look at Port3.
Key Takeaways:
Port3 seeks to create a unified social data layer where users can enjoy increased privacy of their web3 identities while still earning rewards.
Its native token, PORT3, powers various activities such as payments to access features, and serves as a governance token for the Port3 platform.
Seven percent of the total PORT3 supply will be airdropped to Port3 users over three seasons as an incentive for using its platform.