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A data dive into Pocket Network

Quick Take

Pocket Network launched in July 2020 as an independent, application-specific blockchain solution to the node incentivization problem
Despite exogenous benefits to running full nodes such as increased privacy and security, there is a lack of endogenous or native incentives for individuals and companies to run full nodes for multiple blockchains
Pocket Network set out to solve this problem by creating a two-way marketplace between applications and relay nodes, where applications stake POKT to pay relay nodes to service API requests
Here, we examine Pocket network activity and revenue to understand the surge in activity over the past couple of months

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