What is Pocket Network (POKT)?
Pocket Network is a data platform based on blockchain technology that caters to the needs of Web3 and decentralized applications (dApps). Its decentralized infrastructure serves as a connection between more than 40 supported blockchains and their respective dApp ecosystems. The platform was launched in July 2020 and has quickly established itself as a significant player in the blockchain field by tackling the centralization concerns in the RPC layer of the Web3 stack.
How Pocket Network (POKT) Works
The blockchain ecosystem has long been reliant on a limited number of centralized service providers for accessing decentralized networks, which is a critical paradox. Pocket Network has stepped in to offer a decentralized alternative that provides reliable, scalable, and private infrastructure to applications and projects of all sizes. The network has thousands of full nodes that service the data needs of over 50 different blockchains, ensuring developers have constant uptime, optimized quality of service, and maximum privacy, all while combating censorship.
Pocket Network's mechanics are both efficient and elegant. Service Nodes powered by the POKT token relay data between blockchains and applications, operating in a distributed manner that ensures load balancing and reduces the need for additional infrastructure to handle traffic surges. The network's unique 'Session' data structure facilitates an equitable distribution of work among Service Nodes, enhancing the network's resilience and efficiency.
The staking and inflation mechanisms of Pocket Network are designed to optimize resource allocation. By tying rewards directly to inflation and reducing the frequency of on-chain fee payments, the network ensures a sustainable and balanced economic model. This incentivizes node operators and lowers the barrier to entry, enabling professional infrastructure providers to participate and contribute to the network's growth.
How Many Pocket Network (POKT) Tokens Are in Circulation?
POKT has a total supply of 1,637,686,745. The current circulating supply of POKT is 1,521,517,215.
How to Buy Pocket Network (POKT)
Consider investing in Pocket Network (POKT)? It only takes 2 minutes to create an account on Bitget and start trading POKT.
Check out the available POKT trading pairs on Bitget!
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Pocket Network (POKT) Resources
Simple 3-step guide to buying POKT today in Armenia
Create your free Bitget account
Select a funding method
Complete your Pocket Network purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Pocket Network using a payment method of your choice:
Buy Pocket Network with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Pocket Network order.
How to buy crypto with credit/debit cardBuy Pocket Network with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Pocket Network is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Pocket Network order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Pocket Network order.Buy Pocket Network with the fiat balance in your Bitget account
You can Deposit fiat funds using SEPA to top up your Bitget fiat balance. Then click Buy Crypto > [Cash conversion] in the top navigation bar to place your Pocket Network order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Pocket Network in your Bitget spot wallet
Bitget—where the world trades Pocket Network
How to buy Pocket Network for free
- Learn how to earn Pocket Network for free through the Learn2Earn promotion
- Earn free Pocket Network by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Pocket Network airdrops by joining On-going challenges and promotions
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FAQ
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Armenia is a landlocked country in Western ASia. It neighbors Turkey to the west, Georgia to the north, the Lachin corridor and Azerbaijan to the east, and Iran and the Azerbaijani exclave of Nakhchivan to the south. The country has a total area of 29,743 km2 and a total population of 3,000,756. The capital is Yerevan, which is also the biggest city and the financial center of the country. Armenian is the recognized official language and Dram (AMD) is accepted as the national currency.
The country is mostly made up of mountainous terrains cut by rivers and sprinkled with forests. The culture of Armenia goes way back to the 9th century BC and has gone through many ups and downs of history. It is fortunate that we are able to experience their unique and rich culture today. Some top sights to visit in Armenia include Republic Square, Tsitsernakaberd Armenian Genocide Memorial Complex, Pagan Temple of Garni, Cascade Complex, and Geghard Monastery.
Whether you choose to visit Yerevan, Gyumri, or Vanadzor, Pocket Network(POKT) can be purchased in a few minutes with Bitget. Bitget is the top crypto exchange in Armenia that offers a range of secure payment options to make trading easier, including P2P trading, crypto deposits, and other third-party merchants like Google Pay, Apple Pay, and credit card services.