What is Pocket Network (POKT)? Affordable, Decentralized Web3 Infrastructure Solution

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Bittime - Amid the rapid development of Web3, the need for decentralized and affordable infrastructure is increasing. Pocket Network (POKT) comes as an innovative solution, offering a secure and scalable decentralized network of relay nodes for various Web3 applications.

What is Pocket Network (POKT)?

Pocket Network is a decentralized network of relay nodes designed to:

• Makes data and API access easier for Web3 developers.
• Provides a secure and scalable infrastructure for various Web3 applications.
• Offers affordable and efficient solutions for Web3 developers and users.

Pocket Network (POKT) Key Products & Features

• Pocket Network Relay: A decentralized network of relay nodes that provides secure and scalable data and API access.
• Pocket Network SDK: A software development kit that helps developers easily integrate Pocket Network into their applications.
• Pocket Network Grants: Funding program to support developers building innovative applications on Pocket Network.

Also read: Protect Wallet from the Risk of Unlimited ERC-20 Allowance

What is POKT Token?

The POKT token is Pocket Network's native utility token used for:

• Pay relay fees on Pocket Network.
• Stake to get rewards and secure the network.
• Participate in the governance of Pocket Network.

Tokenomic Token POKT

• Total Supply: 1,637,686,745 POKT
• Circulating Supply: 1,521,517,215 POKT
• Market Cap: IDR 5,873,008,949,140 (as of 21 February 2024)

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Pocket Network (POKT) Fundamental Analysis

• Cutting-edge technology: Pocket Network uses cutting-edge blockchain technology to offer security, scalability, and efficiency.
• Experienced team: The Pocket Network team consists of blockchain experts and experienced developers with a proven track record.
• Thriving community: Pocket Network has a thriving community of over 50,000 active users.

Comparison of Pocket Network (POKT) & Competitors

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Founder & Team Pocket Network (POKT)

• Michael O'Rourke: CEO of Pocket Network and renowned blockchain expert.
• Jared Polites: CTO of Pocket Network and experienced blockchain developer.
• Anthony Di Iorio: Co-founder of Ethereum and advisor to Pocket Network.

Expert Opinion About Pocket Network (POKT)

• CoinShares: Pocket Network is an innovative Web3 infrastructure solution with great potential for growth.
• Messari: Pocket Network offers an affordable and efficient solution for Web3 developers and users.

Conclusion

Pocket Network is a decentralized and affordable Web3 infrastructure solution, offering a secure and scalable network of decentralized relay nodes for a variety of Web3 applications. With cutting-edge technology, an experienced team, and a fast-growing community, Pocket Network has great potential to become a leading Web3 infrastructure solution.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via  Bittime .  Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on  Bittime ,  make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into  your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn  Complete Guide How to Buy Crypto on Bittime .

Monitor price chart movements  for Bitcoin (BTC) ,  Ethereum (ETH ) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime.

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DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.