<aside> 🎯 POKT Network is the API to an open internet.
We’re the universal RPC infra layer - critical infrastructure that connects the universe of data sources and services and makes them useful to real people via any connected app.
RPC stands for Remote Procedure Call, it’s a simple and powerful communication standard that enables all these interactions. For example:
You benefit from 100% uptime, massive scalability to 60+ chains (AI models and more coming soon), via -15k nodes in 22 countries, at very low cost, because of decentralization.
And you can enjoy that decentralized goodness with zero tradeoffs by accessing our resilient infra layer through a growing ecosystem of tier 1 RPC ‘Gateway’ businesses.
Together we keep critical infrastructure open and shared, unbundled from any current or future monopolies. For a world that is built and owned by the many.
<aside> 👀 POKT Network is heavily under-appreciated.
Revenue generating, path to deflation (already <5%), clear growth strategy with early traction, strong team that is building and shipping.
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<aside> 🔖 ANALOGY 1
We’re laying the fiber optic cables for the new internet (the universal API). Instead of that critical infra being vertically integrated into new ISPs we keep it unbundled and shared. That creates a huge market opportunity for us, but also optimizes for a world of many builders and innovators competing on top of shared infra. A win:win for builders and for our chances of mass adoption.
ANALOGY 2
If data is the commodity of the information age, the new oil, then we’re the new pipelines. We connect all of these new oil fields with real world usage via the outlets, refineries, and products that people build on top of our network. You can bet on specific oilfields, or on particular products, but you can also bet on the infrastructure that connects it all.
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<aside> ☝ Decentralizing access to POKT Network through ‘Gateways’.
****Each Gateway = a step change in demand, innovation, and revenue. n.b. every relay has generated protocol revenue since May 2023
The effects of the first new Gateway was largely unseen because of broader dynamics, but it contributes c.150m daily relays.
We’re expanding now - May was our highest revenue month since removing subsidised traffic and the last 3 months show month-on-month growth.
Every app, chain, indexer, oracle, RPC provider… could have POKT Network underneath.
Under-DePIN-ing it all with unmatched uptime, scale, and value.
<aside> 👨💻 Every time you interact with an AI app (like ChatGPT), it sends an RPC request.
This process of sending a request to a model, the model running the prompt, and returning a response is called AI Inference.
AI Inference runs through RPC and POKT Network is already set up to provide that with resilient uptime, low latency, and low cost. With the permissionless global infra and blockchain connections that AGI will need.
Here’s our recent AI Litepaper: https://arxiv.org/pdf/2405.20450
We also have 4 active AI R&D projects currently live across our ecosystem.