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KuCoin lists Pocket Network’s POKT
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KuCoin lists Pocket Network’s POKT

Daniela Kirova
Daniela Kirova
January 31st, 2023
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Advertiser Disclosure
  • Pocket provides data relays and blockchain infrastructure from a global network of 25k+ full nodes
  • $POKT is a utility token that enables a two-sided, permissionless marketplace
  • Listing on KuCoin provides a new venue to trade via a secure exchange using the trading pair POKT/USDT

Pocket Network announced that its native token $POKT would be listed on the popular KuCoin exchange, Bankless Times learned from a press release.

Pocket is a middleware protocol that provides data relays and blockchain infrastructure from a globally distributed network of more than 25,000 full nodes to Web3 applications across 40+ blockchains, including Ethereum, Polygon, BSC, Fantom, Fuse, Avalanche, and Harmony.

Devs access data by staking, node runners earn rewards

$POKT is a utility token that enables a two-sided, permissionless marketplace where app developers can access blockchain data via Pocket Network by staking $POKT tokens; and node runners can earn $POKT rewards for servicing these developers’ data requests, therefore incentivizing the entire ecosystem.

Trading via a secure exchange

Listing on KuCoin provides a new venue to trade via a secure exchange using the trading pair POKT/USDT.

The listing comes as Pocket Network is experiencing exponential growth, with the number of monthly data relays being serviced by its node runners more than tripling since the beginning of the year, and the network regularly handling more than one billion daily relays.

Michael O'Rourke, CEO and Founder at Pocket Network, said:

Pocket Network has been one of the best-kept secrets among top infrastructure services like AWS and Azure. To date, $POKT has only had niche availability; however, listing on KuCoin is our first step toward providing our solution to a broader investing audience. We’re extremely proud of how well Pocket Network has been performing and scaling, and we’re confident this listing will help further our mission to provide the best blockchain data ecosystem for Web3 applications.

POKT is also on Huobi, Bybit, Gate.io

$POKT trading will be enabled on KuCoin on October 19, with a trading competition also taking place through October 26. $POKT is also listed on a number of other exchanges, including Huobi, Gate.io, Okcoin, MEXC, BTCEX, Btok, Bybit, ZB, Bitget, and Bitrue.

Contributors

Daniela Kirova
Writer
Daniela is a writer at Bankless Times, covering the latest news on the cryptocurrency market and blockchain industry. She has over 15 years of experience as a writer, having ghostwritten for several online publications in the financial sector.