The platform’s main goal is to provide developers with high-performance, cost-efficient, and reliable data access. Its vision is to create an ecosystem where digital infrastructure is owned and managed by users and communities, not centralized corporations. 

What is POKT?

POKT is the native utility token of Pocket Network. Pocket Network is one of the first players in the decentralized physical infrastructure networks (DePIN) space. Its mission is to provide unstoppable open-source infrastructure globally, achieved by establishing a decentralized network of node operators that deliver reliable, high-performance, and cost-effective data access. 

The core idea solves the paradox of decentralized applications (dApps) relying on a few centralized providers for blockchain data. Using POKT and its decentralized protocol, Pocket Network ensures Web3 infrastructure belongs to and is governed by its users. 

How the POKT Protocol Works

The POKT protocol operates by incentivizing and coordinating a decentralized network of node operators to provide blockchain RPCs (Remote Procedure Calls). This allows applications to interact with over 50 different blockchains and Layer-2 networks. Each data request (relay) is directed to the most suitable nodes by Dispatcher nodes, with the fastest and most reliable node responding, ensuring fault-tolerant and efficient network performance. 

• Node Operators: Individuals running nodes on the network, required to stake POKT tokens. Their economic incentives align with network security and health. 
• Gateways and Developers: Developers and dApps access infrastructure through Gateways, paying small fees in POKT for each relay request. 
• Decentralized Access: The protocol is permissionless, providing low-cost, flexible access across supported networks with no single point of failure. 

The protocol uses a Proof-of-Stake (PoS) consensus for scalability and data consistency. Since 2020, Pocket Network has served approximately 700 billion relays via thousands of nodes in over 22 countries. 

Team and Founders 

• Michael P. O’Rourke: Founder, strategic vision lead. 
• Luis C. de Leon: CTO, technical leadership. 

Additional protocol and engineering leads contribute to development. 

Investors and Partnerships 

Investors: RockTree Capital, Republic Capital, Arrington XRP Capital, C² Ventures. 

Partnerships: Collaborations with RockTree Capital for Asian expansion, chain integrations, and gateway provider support. 

$POKT Token 

Use Cases

• POKT tokens drive all economic activity in the ecosystem and establish relationships among participants. 
• Payments: Node operators are compensated for servicing developer data requests. A portion of collective fees from Gateways is burned weekly. 
• Staking: POKT is staked by node operators for network security; developers may stake POKT for network performance. 
• Multi-Chain Usage: POKT is not limited to its own Layer-1 blockchain; it extends to L1 and L2 networks with DeFi capabilities via Multi-Chain Bridge. 

Token Information 

• Total Supply: 2.37B POKT 
• Max Supply: Not specified 
• Circulating Supply: 2.25B POKT 

Genesis Token Allocation 

• Founders: 23.2% 
• Pocket Network Inc (PNI): 21.9% 
• Employees, Advisors, Contributors: 21.1% 
• Investors: 16.8% 
• Pocket Network Foundation DAO: 16.5% 
• Early Participants: 0.5% 

Shannon Upgrade

Planned for Q2 2025, Shannon upgrade will make POKT staking fully permissionless, marking a key milestone. 

Key Features 

• Relay Minting: Proof-of-work mechanism for trillions of API requests. 
• Token Logic Modules: Modular tokenomics adaptable to any market. 
• Native Multi-Chain: POKT services usable on any blockchain. 

Expanding Data Support

Shannon extends beyond blockchain RPCs to: 

• Indexing services 
• AI inference 
• Oracles 
• Cross-chain transfers 
• Other decentralized public infrastructure 

Minting / Burning Mechanisms 

• Tokens minted based on relay demand; higher usage = more minting. 
• Gateway fees per relay (~0.00000085 POKT) are burned. 
• Block mint distribution: ~85% to node operators, 5% validators, 10% DAO treasury. 
• Staking / Node Operation 
• Minimum 15,000 POKT stake required. 
• Staked tokens reward node operators for fulfilling RPC requests. 
• Staking pool options available for users without technical expertise. 

Roadmap 

• Apr 2017: Pocket Network founded 
• Apr 2019: MVP launch for developers & node operators; partnerships with Quicknode, Tezos 
• Apr 2020: Mainnet launch 
• Jan 2021: $9.3M public token sale 
• Jan 2022: $10M strategic investment from Republic, RockTree, Arrington, C² Ventures 
• May 2022: 1B daily relays milestone 

Upcoming Milestones 

• Mainnet Launch: July 28, 2020 
• Shannon Upgrade: Q2 2025 
• Permissionless protocol, Relay Minting, Token Logic Modules, Native Multi-Chain 
• Ecosystem & Supported Chains 
• 50+ blockchains and rollups supported 
• Core components: dApps, developer tools, gateway providers 
• Node operators are global; infrastructure is international 

Strengths & Challenges

Strengths: 

• Decentralized RPC reduces centralization risk 
• Dynamic tokenomics (relay minting, burning) 
• Shannon expansion plans, multi-chain compatibility 
• Cost-efficient access and high availability for developers 

Challenges: 

• Relay count, token emission, supply-demand balance are critical 
• Gateway fees and operator costs 
• Post-Shannon tokenomics managed via DAO process 
• Maintaining advantage over other RPC providers and infrastructure projects 

Official Links 

• Website
• Twitter
• Discord

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Pocket Network (POKT): Decentralized Web3 Infrastructure appeared first on Coin Engineer.

FRAG token, as part of the Fragmetric protocol, leverages Solana-based Liquid Restaking Token (LRT) technology, securing an important position within the blockchain ecosystem. With its upcoming listing on the BackPack exchange, its liquidity will increase, enabling it to reach a broader audience. Additionally, it is an innovative cryptocurrency supported by governance mechanisms that allow users to actively participate in decision-making processes, as well as liquidity and incentive systems.

Fragmetric (FRAG) token started trading on BackPack exchange on July 1, 2025 08:30 UTC. This important listing significantly increased the project’s visibility and liquidity. Fragmetric diversifies the opportunities it offers to its users. Additionally, campaigns such as Launchpool and CandyBomb continue. Users have the chance to earn a significant amount of FRAG tokens by staking BGB or FRAG. Meanwhile, $fragSOL tokens are obtained in return for staked tokens. These tokens provide broad opportunities in DeFi for liquidity provision and collateral usage. Ultimately, Fragmetric stands out in the digital asset space with multiple reward mechanisms. 

Special FRAG Rewards and Exclusive Access for Top Ranks 

Fragmetric appreciates the contribution of its users. This airdrop focuses on the highest ranks in the system, offering unique rewards. Users who complete specified tasks get a chance to share in this large reward. Here are the $FRAG token amounts set according to rank levels: 

• Challenger Level: Users in this elite group earn 4650 $FRAG tokens. This level honors those who contribute the most to the Fragmetric ecosystem. Challenger members are among the first to access special ecosystems. 
• Diamond Level: Users ranked Diamond are rewarded with 1500 $FRAG tokens. This significant amount underlines their role in the project’s growth. The Diamond level emphasizes active participation and status within the system. 
• Platinum Level: Users at the Platinum level receive 580 $FRAG tokens. This group is considered one of the pillars of the Fragmetric community. Platinum members directly influence the project’s future development. 

This reward system aims to increase users’ loyalty to the project. Moreover, top-tier users gain important rewards and direct access to key projects in the blockchain space. 

FRAG Token: A New Breath into the Digital Asset Ecosystem 

The listing of the FRAG token on major exchanges is a critical step for the project’s future. This development significantly increases the token’s liquidity and supports the overall growth of the ecosystem. Fragmetric is not just a crypto project but also a platform offering extensive opportunities in DeFi. This campaign encourages active participation from users. On the other hand, $fragSOL tokens allow trading on decentralized exchanges and contribute to liquidity pools. As a result, Fragmetric aims to open new doors in the digital asset world, offering its users unique experiences. This innovative approach lays the foundation for the project’s future success. 

What is Frag Token?

• Solana-Based: Developed on the Solana blockchain, it offers fast transaction confirmations and low fees.
• Reward and Incentive Tool: Frag tokens are distributed to encourage participation in the project through trading competitions, staking campaigns, and airdrops.
• Ecosystem Access: Token holders can gain access to exclusive projects, platforms, or communities, making Frag a key to more than just a digital asset.
• DeFi Functions: Frag tokens can be staked or used to provide liquidity in decentralized finance activities. Staked tokens often yield additional tokens (like fragSOL), which offer further advantages in the DeFi ecosystem.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Backpack Shares: Airdrop Excitement at Fragmetric! appeared first on Coin Engineer.