POKT Network Welcomes Three New Gateways & Brings Open Data Access to Millions of End Users

Georgetown,
Cayman
Islands,
April
9th,
2024,
Chainwire

Developer
DAO,
Raid
Guild,
and
Chainstack
will
bring
their
respective
networks
and
distribution
to
POKT
Network,
providing
more
developers
with
read/write
access
to
60+
blockchains’
by
building
on
top
of POKT
Network’s
decentralized
infrastructure 

POKT
Network,
the
user-governed
platform
building
a
Universal
RPC
Base
Layer,
announced
today
the
launch
of
three
new
Gateways:
Developer DAODeveloper DAO”>

Developer
DAO,
PortersPorters”>

Porters

(backed
by
Raid GuildRaid Guild”>

Raid
Guild),
and
ChainstackChainstack”>

Chainstack.
The
new
Gateways
are
a
key
part
of
POKT
Network’s
growth
strategy
to
scale
API
access
to
every
open
data
source
on
the
internet.

Gateways
serve
as
independent
access
points
to
the
POKT
Network,
enhancing
data
accessibility
and
network
performance.
Each
Gateway
is
built
directly
on
POKT
Network’s
universal
RPC
base
layer
infrastructure
and
removes
the
need
to
build
and
maintain
any
of
the
underlying
infrastructure,
helping
players
like
Developer
DAO,
Porters
and
Chainstack
to
operate
as
an
independent
RPC
business.
The
innovation
of
Gateways
lies
in
the
ability
for
businesses
of
every
kind
–
centralized
or
decentralized
–
to
resell
access
to
infrastructure
by
leveraging
a
blockchain
protocol
as
the
central
coordinating
party.
This
system
adopts
a
unique
business
model
that
delivers
the
benefits
of
vertical
integration
through
a
decentralized
network
rather
than
a
single
centralized
entity,
meaning
that
more
of
the
benefits
are
shared
amongst
more
businesses.
The
protocol
wins
from
more
demand
for
the
core
service,
while
Gateways
benefit
from
massively
decreased
time
to
market,
lower
operating
expenditure
and
more
time
and
resources
to
focus
on
the
front-end
of
their
businesses.
The
launch
of
these
Gateways
is
a
major
step
forward
in
POKT
Network’s
mission
to
provide
developers
and
enterprises
with
the
most
reliable,
performance,
and
cost-effective
data,
so
they
can
focus
on
building
the
best
applications
with
optimal
user
experience.  

“The
introduction
of
these
three
key
new
Gateways
marks
a
key
step
forward
for
POKT
Network
and
the
broader
ecosystem,”
stated
Dermot
O’Riordan,
Director
at
the
POKT
Network
Foundation.
“In
the
same
way
that
L2s
radically
improved
scalability
at
the
application
layer,
our
Gateways
enable
builders
to
easily
plug
into
POKT’s
cost-effective,
reliable,
and
scalable
DePIN
infrastructure
without
compromising
on
performance
or
UX.
By
accommodating
access
and
demand
on
a
scale
previously
unseen,
we’re
not
just
expanding
the
capabilities
of
our
network,
we’re
laying
the
groundwork
for
a
future
where
access
to
any
large
open
data
source
is
unfettered,
secure,
and
universally
available.” 

Since
2017,
POKT
Network
has
developed
a
leading
decentralized
physical
infrastructure
network
(DePIN),
achieving
unmatched
resilience,
scalability,
and
cost-efficiency.
The
network
guarantees
100%
uptime,
under
25
ms
latency
across
over
60
blockchains,
supported
by
about
15,000
nodes
in
22
countries,
at
a
cost
of
$0.85
per
million
API
requests.
Originally
operating
with
a
single
Gateway,
POKT
saw
its
second
Gateway
launched
in
October
2023
quickly
account
for

about
30%
of
network
volume,
showcasing
the
impact
of
new
Gateways
on
POKT’s
capacity.
This
marked
the
beginning
of
an
accelerated
strategy
rollout.
With
the
integration
of
a
third
Gateway
in
March
and
today’s
launch
of
three
more,
POKT
Network
increases
its
Gateway
count
to
six,
a
rapid
expansion
from
just
one
seven
months
ago,
highlighting
a
significant
scaling
of
the
Gateway
strategy.

“POKT
Network’s
Gateway
strategy
offers
developers
and
RPC
providers
an
effortless
way
to
leverage
RPC
infrastructure
with
enterprise
level
quality-of-service
atop
a
permissionless
and
decentralized
RPC
infrastructure
network,
without
having
to
build
and
maintain
it
themselves”,
stated
Daniel
Olshansky,
Head
of
Protocol
at
POKT
Network.
“The
key
breakthrough
is
the
ability
to
decouple
roles
and
responsibilities.
Protocol
participants
maintain
efficient
infrastructure,
Gateways
focus
on
performance,
and
users
get
access
to
reliable,
performant,
and
cost-effective
services.”
The
introduction
of
three
new
Gateways
enables
builders
to
access
and
build
upon
this
powerful
decentralized
infrastructure,
set
to
become
the
backbone
of
the
evolving
machine-to-machine
(m2m)
world. 

• 
  Developer
  DAO:
  Founded
  by
  EigenLayer’s
  Nader
  Dabit,
  Developer
  DAO
  is
  the
  first
  Gateway
  to
  be
  owned
  and
  operated
  by
  a
  DAO,
  channeling
  RPC
  revenues
  back
  into
  public
  good.
  Its
  emphasis
  on
  community
  and
  extensive
  network
  of
  builders
  will
  further
  drive
  innovation
  and
  network
  growth.
  By
  strategically
  partnering
  with
  leading
  blockchain
  networks,
  Developer
  DAO
  highlights
  a
  model
  where
  technology
  advances
  common
  good.
• 
  Porters:
  Drawing
  on
  technical
  talent
  from
  the
  leading
  web3
  developer
  collective
  Raid
  Guild,
  which
  has
  supported
  nearly
  200
  web3
  development
  projects,
  Porters
  will
  deliver
  features
  and
  services
  at
  an
  unprecedented
  pace,
  all
  while
  adhering
  to
  open-source
  principles.
  Porters
  envisions
  a
  new
  era
  of
  decentralized
  infrastructure—a
  platform
  built
  by
  developers,
  for
  developers—ushering
  in
  a
  new
  wave
  of
  innovation
  and
  empowerment.
• 
  Chainstack:
  one
  of
  the
  largest
  and
  most
  respected
  RPC
  businesses
  and
  provider
  in
  Infura’s
  mulitchain
  RPC
  network
  DIN,
  Chainstack
  is
  primed
  to
  channel
  significant
  volume
  to
  the
  network
  from
  the
  onset,
  using
  POKT
  Network
  to
  hyperscale
  to
  new
  chains
  and
  further
  elevate
  their
  existing
  resilience.
  Anticipating
  an
  initial
  relay
  volume
  of
  ~100
  million
  relays
  per
  day,
  Chainstack
  signals
  its
  intent
  to
  scale
  operations
  rapidly.

The
first

DePIN
report
from
Blockworks
Research
emphasizes
the
importance
of
reliable
RPCs,
“As
the
number
of
blockchains
and
rollups
continue
to
grow,
and
their
collective
needs
get
even
more
demanding,
with
higher
throughput
and
shorter
block
times,
the
need
for
performant
RPCs
for
every
blockchain
has
become
very
clear”.
The
report
also
highlights
POKT’s
Gateway
model
as
a
signal
for
how
DePIN
will
scale,
both
in
web3
and
wider
use
cases,
“In
the
end
state,
most
customers
will
get
their
infrastructure
via
end-user-facing
gateways/frontends
(that
effectively
act
like
L2s
to
the
underlying
protocols)”,
adding,
“as
POKT
Network
proves
the
benefits
of
this
approach
we
expect
to
see
other
DePINs
adopting
a
similar
playbook
to
rapidly
accelerate
growth
and
innovation.”   

The
Future
of
Decentralized
Data
Access
with
the
Shannon
Upgrade 

POKT
Network’s
Shannon
Upgrade,
scheduled
for
a
summer
2024
release,
will
simplify
integration
for
RPC
providers
and
projects
by
removing
current
limitations
and
introducing
permissionless
gateway
creation,
making
censorship
resistance
fully
attainable.
This
update,
currently
in
private
testnet,
aims
to
reduce
costs,
ease
data
access
across
blockchains
and
AI,
and
promote
collaboration
over
competition.
It
marks
a
critical
advancement
in
decentralized
data
infrastructure,
broadening
the
range
of
supported
use
cases
and
fueling
innovation.

About
POKT
Network

POKT
Network
is
a
leading
decentralized
blockchain
infrastructure
provider
that
empowers
developers
to
build
scalable,
secure,
and
efficient
blockchain
applications
with
industry-leading
data
access.
Leveraging
cutting-edge
technology,
POKT
Network
offers
a
robust,
decentralized
infrastructure
layer
that
facilitates
seamless
interaction
between
decentralized
applications
(dApps)
and
multiple
blockchain
networks.
With
a
commitment
to
fostering
innovation
and
accessibility
in
the
blockchain
space,
POKT
Network
provides
developers
with
the
tools
and
resources
they
need
to
unlock
the
full
potential
of
decentralized
technologies.

For
media
inquiry,


[email protected]

Contact

PR
Manager
Ana
Lezama
[email protected]