Applications (or gateways staking on behalf of applications) pay for RPC data requests by staking and burning POKT. Node operators serve RPC data requests for applications and receive block rewards (token incentives) in proportion to their work done.

Pocket Network is a decentralized infrastructure protocol (a blockchain) that provides RPC data for blockchains. Pocket Network was founded by Michael O’Rourke and launched in 2020.

Pocket Network is governed by the Pocket Network DAO. Pocket Network's investors include Placeholder, 1kx, Arrington Capital, etc.

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Infrastructure

Pocket Network

# P/S ratio (fully diluted) Methodology

## Overview

P/S ratio (fully diluted) measures the fully diluted market cap relative to annualized revenue retained by the project. It shows how highly the project is valued relative to the portion of user-paid fees it captures.

${market_cap_fully_diluted} / (rolling_avg(${revenue}, 30) * 365)

Fully diluted market cap relative to annualized revenue.

Pocket NetworkPOKT

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P/S ratio (fully diluted)

P/S ratio (fully diluted)

Competitive landscape