veDAO joins hand with Port3 to strengthen Web3 ecosystem

veDAO happens to very pleased and takes immense pleasure in the making of their formal announcement of having forged an extremely, mutually beneficial partnership with Port3. Being an enabler in Web3, Port3 has taken it upon itself to actively engage in making provisions for delivering the very best strategy and consequent solution, in terms of the overall positive growth of the market.

In the present scenario, and following this merger, both of the entities together have made a commitment to continue their efforts in the direction of product services, community events, along with taking the initiative for formulating strategies related to effective marketing campaigns. 

Port3 acts as a link between Web2 and Web3. They presently happen to be actively engaged in the creation of a protocol, in order to accumulate and also create a standard related to off-chain as well as on-chain data to create a Social Data Layer. 

It requires it to be available to all concerned and also prove to be forceful in terms of Web3 use cases. At the present moment in time, Port3 happens to be backing 9 L1s, and along with that, almost all of the EVMs. All of the products they happen to possess, happen to be free. 

Furthermore, the absolute prime product in their portfolio happens to be SoQuest. This in actuality, is a task and minting platform which claims to have more than 30k WAU. Together with the DAOTools chatbot, which happens to cover 2.5m in discord and 2.5m telegram each, the possibility opens up to compartmentalize and profile users. Their entire aim and intention is to provide all of their connected users the opportunity of connectivity and quickening of the movement towards Web3. 

In the case of veDAO, which happens to follow DAO, is simply an investment making and coupled with financing platform. With the correct usage of the knowledge of the people, the platform happens to provide an avenue for the release of their ideas. 

It also searches for and backs the most relevant projects with the help of the voting method. In turn, it helps in the creation of a community consisting of the likes of financers, investors and along with them, all of the DAO members who happen to have the same interests.

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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