Pocket Network

What is POKT Network?

The POKT Network (POKT) is a Decentralized Physical Infrastructure Network (DePIN) that coordinates and incentivizes a global network of infrastructure providers to supply the necessary computing power for hosting and accessing open data sources via Remote Procedure Calls (RPC).

POKT Network is primarily recognized for its decentralized RPC service, which allows applications and developers to read and write data across more than 60 blockchains through a network of approximately 15,000 nodes distributed in 22 countries. In addition to its core RPC services, POKT Network is expanding to include various use cases such as account abstraction, indexing, and oracles, and even extending beyond Web3 to support inference requests for open-source large language models (LLMs).

What Network is POKT on?

POKT operates on its own dedicated blockchain designed to support decentralized infrastructure and full node incentivization. The network is tailored to provide robust and scalable access to blockchain data, supporting both web and mobile applications. By leveraging a decentralized network of over 15,000 nodes across 22 countries, Pocket Network ensures high uptime, multi-chain scalability, and unbeatable costs for data relays. This setup allows developers and RPC providers to access blockchain data efficiently and reliably.

Is POKT a good investment?

Evaluating POKT as an investment involves considering several factors, including market trends, the project's innovation, and its adoption rate. Pocket Network's primary strength lies in its decentralized infrastructure that reduces costs and increases accessibility to blockchain data. This makes it an attractive option for developers seeking to integrate blockchain data into their applications. The project’s commitment to decentralization and its growing node network are positive indicators. However, as with any investment, potential investors should perform comprehensive due diligence, considering both risks and rewards, and consult financial advisors if necessary.

What is POKT?

Pocket Network (POKT) is a decentralized infrastructure network that incentivizes full nodes to provide data relays for various applications, both web and mobile. The network uses its own blockchain to facilitate secure, scalable, and cost-effective access to blockchain data. POKT tokens are central to the network's ecosystem, serving as rewards for node operators and as a medium for participating in network governance through the POKT DAO. The network supports multiple blockchain networks, ensuring developers can access data from different blockchains seamlessly.

A Modular Approach to Web3 Infrastructure

Pocket Network employs a modular approach to web3 infrastructure, allowing it to adapt and scale efficiently with the growing needs of decentralized applications (DApps). The network's architecture ensures that new or established RPC providers can access data relays with minimal cost and high reliability. This modular design also facilitates easy multi-chain scalability, enabling developers to build versatile and powerful DApps.

POKT Ecosystem

The Pocket Network ecosystem is comprised of several key components that work together to ensure the network's success and sustainability:

       
• POKT Network Foundation: A non-profit, credibly-neutral entity that supports the ecosystem's growth, facilitates governance, and preserves the network's open-source intellectual property.
       
• POKT DAO: The decentralized autonomous organization (DAO) governed by network participants on a one-person, one-vote basis. The DAO plays a crucial role in decision-making and maintaining network equality.
       
• Node Operators: Independent entities that stake POKT tokens to service or validate data relays, earning POKT in return. These operators are often active participants in the POKT DAO and contribute to the protocol's development.
   

Node Operation and Incentives

Node operators are essential to Pocket Network's functionality. By staking POKT tokens, they validate and service data relays, ensuring the network remains decentralized and robust. In return for their efforts, node operators earn POKT tokens, creating a sustainable incentive model that encourages participation and enhances network security.

Decentralized Infrastructure and Open Data

Pocket Network's decentralized infrastructure is designed to provide cost-effective base performance while enabling developers to build optimized, high-quality services. The network supports open data, ensuring transparency and accessibility for all users. Developers can also choose to spin up their own access points with the Open Source Gateway Server, offering additional flexibility and privacy.