OSLO, NORWAY: DLTx introduced the acquisition of NachoNodes’ Pocket Network assets and mental property as a half of its expansion of Web three infrastructure services.
Pocket Network is a decentralized API designed to assist Web three applications talk with blockchain networks through an extensive community of nodes that are designed to allow greater decentralization of Web three protocols.
Through its buy of NachoNodes, DLTx has added decentralized technology experts to its team and has acquired superior software program that enables at-scale decentralized nodes and the Pocket Network staking business.
Simon Campbell, Chief Operating Officer of DLTx, commented, “adding the NachoNodes’ assets to our portfolio gives our firm expanded monetization capabilities inside our infrastructure that has predictable scale based on prior investments.”
As a half of the acquisition, each Alex Firmani and Adam Liposky, core participants inside the early development and global expansion of Pocket Network, will join the DLTx team. Mr. Firmani will lead the Software Infrastructure division, and Mr. Liposky will lead the Validator-as-a-Service division, initially specializing in the scaling of the Pocket Network assets that migrated from NachoNodes to DLTx.
David Johnston, Chief Strategy Officer of DLTx, added, “investing in deep technical experience round a protocol additional empowers decentralization and ensures that we can proceed with our mission of supporting decentralized Web three infrastructure at scale.”