@PoktNews@POKTnetwork when you see this fella, you know you’re going to witness something really BIG! Good thing he put his favorite shirt on😎#Altcoins#Pokt
@phil72844@PoktNews I’ll sell if @o_rourke shaves his head or there’s a lot of ink in the water. We all know the power of pokt is in Michael’s luscious locks and the tentacles of @thepoktopus
One of my highest conviction venture bets this year is doubling down on our decentralized RPC network investment in $POKT via Grove
Grove is essentially a spin out of the POKT foundation that sells multichain RPC services by utilizing pocket network
$POKT itself is one of the few bets I still believe has close to 100x potential and has the fundamentals to attract massive VC/insto flows
Today, pocket network has grown to 600M+ relays/day. Compare this to Alchemy and Infura which are estimated at 20-30b and 6-8B respectively. Alchemy and Infura have market valuations estimated to be $5 billion+. Node infrastructure will be one of the key categories of allocation.
One of the reasons why $POKT burn/usage has been growing so much is because it has now become cheaper than most other providers. Many big names in this space like TraderJoe, WalletConnect, Trust wallet have started to switch and there are many more big names coming.
Really an undervalued gem