Pocket Network is a decentralized infrastructure middleware protocol, which realizes the interoperability and matching between DApps and the blockchain network through full nodes, and provides RPC relay services for DApps on the blockchain. Pocket currently supports more than 21 blockchain networks and more than 21,000 full nodes, truly achieving decentralization. The Pocket Network global community composed of independent node operators and service providers provides services and rewards for DApps, thereby enhancing the resilience of the network and ensuring the normal operation of DApps. Pocket Network is protected by a network infrastructure worth more than 320 million US dollars distributed in more than 23 countries around the world, which reduces the risk of service downtime of public chains and industry DApps to close to zero, because the work is evenly distributed on thousands of full nodes , which also protects the privacy of the end user.
Pocket Network completed a strategic round of financing led by Republic Capital, RockTree Capital, and Arrington Capital last week, and is currently experiencing rapid growth. In December 2021, the number of network relays jumped to 5.78 billion, an increase of 44% compared to November .
Ouyang Mo, CEO of Stonewood Capital, said: "Pocket is a pioneer. It has changed the game and become the core infrastructure of the Web3 revolution." For those pioneers who are looking for the next high-growth like AWS or Ethereum, you The exponential growth of Pocket Network's real usage and real revenue can be clearly seen, and the metrics are impressive. We are looking forward to the expansion in 2022. "
Pocket Network’s revenue in November 2021 was US$29 million, and it increased to US$56 million in December. It currently supports public chains such as Solana, Ethereum, Polygon, Avalanche, Binance, Harmony, Gnosis (formerly known as xDai), and Fuse, with more than 2,000 DApps run on its network.
Michael O'Rourke, CEO of Pocket Network, said: "Currently, people are keen to invest resources in publicly accessible and open source infrastructure through blockchain networks, which will continue to weaken the dominance of traditional centralized providers. Finally, it brings us a new world of openness, transparency, fairness and justice. Our simple economic model promotes the continuous development of Pocket - attractive node operation incentives will add more nodes, thereby creating more redundancy and better DApp service experience, and more DApp usage will generate more node income.”
In the past decade, a large number of well-known enterprise providers have dominated the traditional market, while a small group of cloud providers has been slow to develop. Now Pocket provides incentives to incentivize their development and provide a more compatible infrastructure network for Web3.
About Pocket Network
Pocket Network is a blockchain data ecosystem for Web3 applications, a platform built for applications that can coordinate and distribute data at scale with lower cost. It supports seamless and secure interaction between blockchains and between applications. With Pocket, the use of blockchain can be easily integrated into websites, mobile applications, IoT, allowing developers to freely put blockchain applications into the "pockets" of every mainstream consumer. For more information visithttps://pokt.network。
About Rockwood Capital
Rockwood Capital is an international merchant bank and fund focusing on blockchain projects and mobile e-commerce companies with offices in Beijing, Shanghai, New York and Toronto. Rockwood Capital invests in top blockchain projects and accelerates their growth in Asia. For more information visithttps://rocktreecapital.com/。
