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Web3 social data portal Port3 Network has completed a new round of funding, raising tens of millions of dollars, with a total funding amount of 10 million dollars.
2023-08-16 07:46
Odaily News: Web3 social data portal Port3 Network announced the completion of a new round of financing, raising millions of dollars. EMURGO, Adaverse Accelerator, Gate Labs, and others participated, bringing the total financing amount to $10 million. In addition, Port3 Network has received grants from Binance Labs, Mask Network, and Aptos.



The funds from the new round of financing and grants will be used to promote its on-chain interactive automation language, BQL. BQL enables various on-chain interactive workflows, allowing users to run and execute transactions, arbitrage, and other complex interactions with just a few clicks.



In February, Port3 Network completed a $3 million seed funding round, led by KuCoin Ventures and participated by Jump Crypto, SNZ, Block Infinity, Dragon Roark, ViaBTC, Cryptonite, Lapin Digital, Cogitent, and Momentum6. The new funding will be used to increase Port3's market share and customer base, which will help improve the data quality of the portal.



Founded in 2022, Port3 Network is a portal website for acquiring and aggregating Web3 social data. Port3's SoQuest application allows projects to incentivize users to share their data through tasks and rewards. The Port3 team currently consists of 15 people.