- Pocket was accepted into the first cohort of Tezos ecosystem grant program
- Pocket will create tools for web and mobile developers for building completely decentralized applications for Tezos
On June 27, 2019, Tezos Foundation formally introduced Pocket Network to its community. Pocket Network is one of the four grants that attained support from the foundation.
About Pocket Network
As initially reported by Blockchain Reporter, Pocket Network is a trustless API layer that connects applications to node infrastructure with the help of three plugins; Pocket Android, Pocket JS, and PocketSwift.
Pocket SDK plugins will provide infrastructure resiliency, simplify dApp development as well as save time and resources for developers. This grant gives provision for onramp rapid iterations within the blockchain as a whole, in addition to validating Pocket’s founding premise (Sustainable decentralization of full node infrastructure).
Pocket will have a simple in-platform inference for multiplication of every project’s inherent value by use of Tezos network. Also, Pocket’s specific tools will be within immediate reach, while equally maintaining decentralization for the participants.
The interface between dApps and blockchain will remain decentralized and will be made possible as a result of powerful tools such as the Pocket SDKs for node.js, Android, and iOS. Pocket’s first showcase was revealed during the release of the monster chase, the first fully decentralized mobile dApp to blockchain from a phone. Tezos plugins for the pocket SDKs will enable Tezos dApps to have similar capabilities.
Tezos Gets High Prospects with Pocket Network
Pocket has the hopes of driving new projects to the Tezos ecosystem by easing Tezos dApp development. The partnership will be beneficial to Tezos node owners as well as developers since Pocket can generate revenue for anyone that runs a Tezos node. Any interface between a Tezos node and dApp on the Pocket network, the node will be rewarded via POKT, which is set for release next year.
The decentralized infrastructure solution was Pocket’s design for supporting monetary value and economic sustainability to Tezos node owners.
Brief History of Issuance of the Grants
Controlling a total of USD 232 million that was raised during Tezos 2017 ICO, Tezos Foundation announced its issuance of grants to four research institutions: The University of Beira Interior, France IOI, Cornell University, and Decet Consulting. The grants are the second group for Tezos Foundation to announce less than one month after it began making requests for grant proposals. The grant amounts remained undisclosed.
The four grants issued will be channeled towards creating a user-friendly and comprehensive platform out of blockchain analysis and Tezos development.
