Aylo Profile picture
Jan 18, 2022 17 tweets 7 min read Read on X
1/ I'm a big fan of @POKTnetwork and what they are building, so I am pleased to say I have become a brand ambassador & will be creating more content related to $POKT over the coming weeks/months.

To kick off, let's dig in to how $POKT is doing currently.

A thread 🐙🧵👇
2/ Relays are going parabolic and recently hit a new daily ATH.
3/ Pocket Network is doing around 350 million relays each day.
4/ This is amazing growth and occurring across multiple chains.
5/ To put this into perspective, Infura are doing 6.5 billion RPC requests just for Ethereum, so this shows the potential growth for Pocket Network is massive.
6/ The revenue Pocket is pulling in is staggering.

With total network revenue exceeding $56 Million in December, Pocket Network is already comparatively amongst the Top 5 revenue producers for all blockchains and blockchain applications globally.

(data from Token Terminal*)
7/ More and more $POKT continues to be staked.

The amount of staked $POKT has now surpassed non-staked $POKT.
8/ And the number of active validator nodes is now sitting around 22k and growing exponentially.
9/ Buying $POKT has been tricky, as you had to buy OTC, but four exchange listings (@HuobiGlobal , @gate_io , @MEXC_Global & @XTexchange) went live last week. Making it much easier for everyone to purchase any amount of $POKT.

@Okcoin also announced they will list $POKT soon.
10/ How about this for a clue that Coinbase and Binance listings might be on the way?

11/ There has been some talk about the inflation of $POKT being an issue recently.

Staking $POKT is currently very profitable, with nodes being rewarded with around 300% APY. This has led to lot of discussion about the effects of the increase in supply.
12/ In order to create a more predictable inflation schedule, there is a new governance proposal which looks to encourage sustainable inflation, protecting rewards against a decrease in relays and sensibly reducing rewards as Pocket Network grows.

forum.pokt.network/t/pup-11-wagmi…
13/ Wrapped Pokt continues to be worked on and the launch doesn't look to be too far away.

More details here: wrapped.pokt.network
14/ The market cap is now showing on Coingecko! And they are displaying it as $1.46B at time of writing.

For context, other middleware projects such as $GRT and $LINK have circulating market caps of $2.8B & $11B, respectively.
15/ The $POKT community has been growing steadily.

The easiest way to see this is by watching @thepoktopus' follower number go brrrrr
16/ Pocket Network are running a competition right now to reward community members with $POKT!

It might be your lucky day, you never know. Just follow the link in the tweet and follow the instructions to enter! Good luck! #Ad

17/ If you are unfamiliar with @POKTnetwork and want more information then please take a look at our most recent newsletter.

alphapls.substack.com/p/take-the-pok…

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More from @alpha_pls

Oct 14
I spoke with @0xdrej in January, and since then @getgrass_io has grown from 500k users to 2.5M+ and become one of the most anticipated crypto x AI projects in development.

I interviewed him again last week.

Here are 10 BIG takeaways 🧵 Image
1. Grass's incredible growth

"Right now, with 2.5 million daily active users, Grass can already scrape enough data to train GPT-3.5 from scratch. But if it grows 10–20 times larger, we believe Grass will be capable of crawling the entire web on a daily basis."
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If you are using a centralized password manager then you should read this🧵 Image
@BitNote_xyz is one of the most impressive consumer apps live right now imo.

BitNote allows you to self-custody information, in a similar way that blockchains let you self-custody money.

It's a genuine replacement for 1Password & other centralized password managers. Image
I rely on 1Password currently for almost all of my passwords, but not my seed phrases/private keys, which remain on paper, as Last Pass proved centralized platforms can't be relied on.

1Password has been the best solution for me, but Bitnote can become the superior option. Image
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TON is #9 in the crypto rankings, but I feel a lot of people still know very little about the chain and what is happening.

I've spent a few weeks getting my head around the ecosystem.

Deep Dive into @ton_blockchain and the opportunities right now 🧵 Image
Firstly, make sure you bookmark the thread. It contains a lot of useful links to get started on the chain.

I have done a detailed long form article, but will do a shorter thread here for those of you don't want to leave the comfort of Elon's app.

alphaplease.com/p/ton-the-firs…
The genesis story

TON was originally founded in 2017 the Durov brothers, who began exploring blockchain solutions for Telegram, and they subsequently raised the largest ever ICO.

TON rebranded to “The Open Network” in 2020.
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I save so much time from being subbed to good crypto Telegram channels.

Figured I should share the ones I read on a daily basis.

8 free Telegram channels that drop daily alpha and crypto research 🧵
1. infinityhedge

Lots of real time market moving updates.

t.me/infinityhedge
2. Bullpen Brief by @BullpenFi

Daily briefs + curated reads. Really does cover most of the things you should be reading.

t.me/BullpenBrief
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The 5 best alpha tweets I read this week: Image
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Asset selection matters.

2. Consumer apps are quietly eating Infrastructure

Distribution is king.

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Good write up by Hitesh with a lot of ideas and narratives to pay attention to.

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Dentoshi teaching you how she trades Fibs.

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