Pocket Network

Pocket Network (POKT)

Full information about Pocket Network (POKT). Current Pocket Network price in MXN, POKT open/close rates, Pocket Network history charts, Pocket Network market capitalization and volume.

1 POKT = 0.674 $ Mexican Peso (MXN)
0.0379327 MXN

Last updated: 2024-10-01 01:40:00 UTC - about 1 year ago 1 USD = 17.774350 MXN

General information
Global rank:497
Name: Pocket Network Pocket Network
Symbol:POKT
Current coin price (MXN):0.674 $
Last hour:arrow_upward2.41 %
Last 24 hours:arrow_upward0.890 %
Last 7 days:3.37 %trending_up
Capitalisation (MXN):1 105 294 399.88 $
Volume 24h (MXN):15 053 488.05 $
Available supply:1 639 345 851.00 POKT
Total coin supply:-1 POKT
Start date:2020-07-28
Last updated: 2024-10-01 01:40:00 UTC - about 1 year ago

Pocket Network/Mexican Peso (POKT/MXN) price chart

Pocket Network/Mexican Peso (POKT/MXN) capitalisation and volume charts

What is Pocket Network (POKT)?

Pocket Network is a decentralized blockchain data platform that connects various blockchains to service the data needs of Web3 decentralized applications (dApps). Utilizing a cost-efficient economic model, it distributes data effectively and supports over 50 blockchains. The network employs a Proof-of-Stake (PoS) consensus mechanism, enhancing scalability and data consistency for dApps​​.

What is the POKT token used For?

The POKT token is integral to the Pocket Network ecosystem, serving both node operators and Web3 developers. It is used to stake nodes on the network, enabling them to process blockchain data requests and earn rewards. Additionally, developers use POKT to access the Pocket Portal, facilitating network throughput for application development and offering up to 1 million free data relays per day​.

Who created Pocket Network (POKT)?

Pocket Network was co-founded by Michael O’Rourke, who also serves as the CEO of Pocket Network, Inc.