Pocket Network POKT Price $ 0.0421

​​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.