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Pocket Network

Pocket Network POKT

Rank: 799

899 Watchlists

Blockchain Service

POKT Price

0.00998
8.46%
(-$ 0.000923)
Price Range
LowHigh
$ 0.00954$ 0.011

Pocket Network Funding Insights

Discover fundraising information: Funding Rounds, return on investment (ROI), prices of investors, and funds raised by Pocket Network (POKT). Review the white paper, team, and financial overview.

Fundraising Info

Total Raised

$ 10.88M

Valuation

$ 14.00M

Tokenomics

Token allocation

Total supply:

2.34B

Founders

23.1%

Created with Highcharts 11.4.8
  • Founders

    23.1%
  • Team

    17.7%
  • Pre-Seed Sale

    11.7%
  • PNF Reserves

    8.9%
  • Other

    38.6%

Funding Rounds

Seed

7 Jul 2020

Valuation$ 14M

Raised

$ 130.00K

Angel

27 Feb 2019

Raised

$ 750.00K

Investors:

N/A

Pocket Network Fundraising Info

​​Pocket Network is a blockchain data platform built for applications that uses cost-efficient economics to coordinate and distribute data at scale, enabling seamless interactions between blockchains and applications. The network runs on a Proof-of-Stake (PoS) consensus mechanism that offers scalability and data consistency for applications.

POKT is the native utility token that is used for:

  • Running validator nodes on the network via staking POKT tokens
  • Receiving network throughput via staking POKT tokens
  • Fees for processing transactions and storing data.

There are multiple ways to connect to Pocket Network as an application ranging from quick and simple to fully customizable:

  • Pocket Portal provides decentralized endpoints in a matter of a few clicks. Our free tier starts at 1M requests per day for applications.
  • PocketJS allows developers to integrate the way they want. Bring your own stake and make your infrastructure as redundant and private as you please.

Other tools on Pocket Network include:

  • Pocket Wallet
  • Pocket Explorer.


Pocket Network Investors and Backers

Name
Tier
Type
Stage
Arrington XRP Capital

Arrington XRP Capital

Lead

2

Venture

C² Ventures

C² Ventures

Lead

2

Venture

Mechanism Capital

Mechanism Capital

2

Venture

N/A
Republic

Republic

2

Venture

N/A
Mapleblock Capital

Mapleblock Capital

2

Venture

N/A
Eden Block

Eden Block

2

Venture

Borderless Capital

Borderless Capital

Lead

3

Venture

Republic Capital

Republic Capital

Lead

3

Venture

LD Capital

LD Capital

3

Venture

N/A
Zee Prime Capital

Zee Prime Capital

3

Venture

N/A

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