Pocket Network Rockets To $150M+ Revenue In Last 30 days Becoming the 2nd Chain by Protocol Revenue In The World After Ethereum

TAMPA, Fla., Jan. 21, 2022 /PRNewswire/ — Pocket Network, incentivizes a global community of independent node operators and service providers to run 22,000+ full nodes as demand across its network measured in API calls (or relays) soars generating $150M+ revenue in the last 30 days. This record growth puts Pocket Network 2nd only to Ethereum, with a total market cap of $385B who generated $1.1Bn revenue in the same 30 day period as shown by on-chain metrics on Token Terminal.

Pocket Network

Pocket Network is secured by $320M+ worth of network infrastructure distributed globally across 23 countries. The protocol reduces the risk of service downtime to near zero for any layer 1 blockchains or industry DApps using Pocket Network as work is distributed evenly across thousands of full nodes, which also protects end users’ privacy and significantly bolsters the multichain Web3 revolution that’s underway.

“We are growing rapidly in Europe and North America, which are currently staking the most, but we are extremely excited about the Asia market as more and more retail is starting to learn about Pocket,” said Michael O’Rourke, CEO of Pocket Network.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/pocket-network-rockets-to-150m-revenue-in-last-30-days-becoming-the-2nd-chain-by-protocol-revenue-in-the-world-after-ethereum-301466002.html

SOURCE Pocket Network

Disclaimer: The above press release comes to you under an arrangement with PR Newswire. TheTechOutlook.com takes no editorial responsibility for the same.




Readers like you help support The Tech Outlook. When you make a purchase using links on our site, we may earn an affiliate commission. We cannot guarantee the Product information shown is 100% accurate and we advise you to check the product listing on the original manufacturer website. Thetechoutlook is not responsible for price changes carried out by retailers. The discounted price or deal mentioned in this item was available at the time of writing and may be subject to time restrictions and/or limited unit availability. Amazon and the Amazon logo are trademarks of Amazon.com, Inc. or its affiliates Read More

Advertisement

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More