Data relays and blockchain infrastructure provider Pocket Network said that its native token $POKT will be listed on decentralized exchange KuCoin.
$POKT trading will be enabled on KuCoin on October 19th, with a trading competition also taking place through October 26, 2022.
$POKT is also listed on a number of other global exchanges, including Huobi, Gate.io, Okcoin, MEXC, BTCEX, Btok, Bybit, ZB, Bitget, and Bitrue.
The utility token claims to enable a two-sided, permissionless marketplace where app developers can access blockchain data via Pocket Network by staking $POKT tokens.
Furthermore, node runners can earn $POKT rewards for servicing these developers’ data requests, therefore incentivizing the ecosystem.
Pocket Network said it was experiencing exponential growth, with the number of monthly data relays being serviced by its node runners more than tripling since the beginning of the year, and the network regularly handling more than one billion daily relays.
To date, $POKT has only had niche availability but listing on KuCoin is our first step toward providing our solution to a broader investing audience, said Michael O’Rourke, CEO and Founder at Pocket Network.
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