Port3 Weekly Report: January 30th — February 5th

Port3
5 min readFeb 6, 2023

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Port3 Weekly Recap focuses on bringing new product updates, marketing campaigns, sneak peeks, and more to help you keep pace with us. Below is a quick recap of the latest progress from last week.

✨Highlights

1. SoQuest Data of Last Week

ProQuest has 5️⃣7️⃣8️⃣ Verified Spaces📈 Welcome on board!

Please enjoy ALL the amazing Giveaways SoQuest brings to the table with our peers😍

We expect the number to keep growing fast and look forward to unlocking SocialFi and promoting the Web3 ecosystem with all of you in the future!

🤩Catch up on #SoQuest’s Key Metrics of this WEEK
🔸3.6M Campaign Actions
🔸427.45K Web2 IDs
🔸199K NFT Minted
🔸1,062 Campaigns
🔸578 Spaces

🌟Highlights including
🔹Port3 Network Secures $3M Seed Round Investment Led by KuCoin Ventures
🔹Personalized Web3 Identity Building on Port3 Network to Bring the Industry to the Next Level

🚀We’ll keep you posted!

2. Port3 Network Secures $3M Seed Round Investment Led by KuCoin Ventures

QUICK TAKE

  • Port3 has raised a $3 million seed round to build a web3 social data portal.
  • The round is led by KuCoin Labs, and other investors include Jump Crypto, SNZ, Block Infinity, Dragon Roark, ViaBTC, Cryptonite, Lapin Digital, Cogitent, and Momentum6.

We are thrilled to announce the successful closing of our $3M fundraising seed round led by KuCoin Ventures. This funding will allow us to take our platform to the next level, expanding our team, developing new features, and increasing scalability to handle more users, transactions, and data.

The year 2022 has been a defining year for us, we set out to make significant strides in the blockchain space. Starting strong in March with the launch of our “starmen” community, we have expanded our capabilities to support a wide range of blockchains and wallets, and have made consistent updates to the platform to ensure it remains user-friendly.

One of the team’s key goals was to build a thriving community and we have seen significant growth in the social media presence. As demonstrated by our 118.9k Twitter followers, 72,711 members in the Discord community, and 31,607 Telegram announcement subscribers.

The SoQuest project has been a major focus for the team and has seen great success throughout the year. We reached 2.82M Discord community members and 2.45M Telegram community members and successfully connected 210k wallets and 158k Web2 IDs. Additionally, SoQuest has built 464 partner spaces with 763 campaigns and has 340k users from 161 different countries. Among these users, Indonesia tops the list, followed by Vietnam and India.

The on-chain achievements have also been notable, deploying 383 NFT contracts on the SoQuest NFT Factory, and minting 129,619 NFTs on the platform. This not only demonstrates the strength and reliability of the NFT technology but also highlights the level of interest and participation in the SoQuest ecosystem.

Looking to the future, it looks bright for Port3 Network as we continue to develop and improve our platform, and we are more than excited to continue building on our achievements and providing even more value to our clients and partners in the future with the support of leading crypto institutions.

Click to dive in👇

3. SoQuest hits 1️⃣0️⃣0️⃣0️⃣ Giveaways!

We’re celebrating another milestone reached by SoQuest 🏡

It was exciting to see the running Giveaways on SoQuest beyond 1️⃣0️⃣0️⃣0️⃣ in a couple of months🚀🚀🚀

Starmen, let’s continue exploring Web3 with @Port3Network 🦋🦋🦋

🧑‍💻Dive in the Web3 Identity building on Port3 Network

The rise of cryptocurrency and blockchain technology has brought about a new era of financial transactions and interactions. However, with this new era also comes the need for effective and secure methods of identifying users. Traditional Know Your Customer (KYC) identity verification methods have proven to be sometimes inadequate in the crypto space, leaving room for innovation in the form of web3 identity building. Port3 Network, a Web3 social data portal, is introducing a new blockchain-based approach to identity verification that will position them at the forefront of this innovation, offering a secure and decentralized solution for identifying users in the crypto industry.

Let’s delve into the differences between traditional KYC and Port3 Network’s web3 identity building, and figure out why the latter is considered the future of user identification in the crypto space.

⭐️Community Growth⭐️

♥️ We thank every starman again for your love and support ♥️

📍About Port3

Port3 is the bridge between Web2 and Web3. We are building a protocol to aggregate and standardize both off-chain and on-chain data to build a Social Data Layer that is universally accessible and powerful for Web3 use cases.

Currently, we support 9 L1s and most EVMs. All our products are currently free. Our main product is SoQuest, which is our task and minting platform that has over 30k WAU. Combined with our DAO Tools chatbot that covers 2.5m in discord and 2.5m telegram respectively. We are able to segment and profile our users accordingly.

Our vision is to help our users bridge the gap and accelerate the transition to Web3.

Website | Twitter | Telegram | Discord | Docs | Medium

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