Paris, France, September 1, 2025 —- PKT is a decentralized media network powered by the people. On August 21, 2024 the project migrated to the Base blockchain. The move integrated PKT into the on-chain home for Coinbase users and expanded accessibility to global users, while staying true to the project’s original decentralized network vision.
As of August 8, 2025, PKT can be traded on the Coinbase app in the US through its DEX trading. Globally, PKT is accessible on the Base app through UniSwap.
Migration Airdrop
As of August 20, 2025 at 9am PST, holders of the PKTC have access to receive a 1:1 airdrop of PKT on Base. The 3rd and final airdrop is now live. PKTC holders that want to migrate to PKT on Base can claim their airdrop to any web3 wallet that supports Ethereum, such as MetaMask and Coinbase Wallet. Instructions are available at the PKT YouTube channel.
Exchanges BitMart and MEXC will issue the airdrop to exchange wallet holders who held PKTC on deposit on the exchange prior to August 21, 2024.
Powering a Media Network
The Packet Network provides the infrastructure for a decentralized media network. It is built to support global streaming distribution and is intended to contribute resources to a major streaming service, which will be announced soon. The Packet Network is powered by the cjdns mesh networking protocol.
Infrastructure and Yields.
PKT on Base uses a novel Stake-to-Earn protocol, allowing participants to earn daily PKT yields by staking infrastructure that powers the Packet Network. Yield bonus multipliers are based on staking duration, and can increase by up to 4x yields when staking for 1 year.
PKT also has an affiliate program built into the protocol. Each connected wallet receives an affiliate code. Anyone who stakes using an affiliate code receives a 1% yield bonus. The affiliate receives a 4% yield bonus. The affiliate also receives a 1% yield bonus for anyone who stakes 1 tier below their initial affiliate introduction. These rewards incentivize infrastructure growth within the ecosystem, while scaling the network worldwide.
About PKT
PKT is a decentralized media network ecosystem powered by the people. Built as a decentralized physical infrastructure project (DePIN), its technology stack supports the future of global content streaming and networking.
PKT is an extension of the open-source cjdns mesh networking protocol, which is the backbone of the PKT Network. Cjdns enables users to get onto the internet peer-to-peer, without requiring a traditional internet service provider (ISP). PKT’s Stake-to-Earn protocol on Base provides the economic incentive for people to scale the PKT Network worldwide.
Visit https://pkt.cash for more information about PKT on Base.
About Base
Base is a blockchain designed to serve as the on-chain home for Coinbase users and assets, creating an open ecosystem for utility and innovation. Base is an Ethereum L2 that operates with a focus on low cost scalability, security, and user accessibility, making it a preferred platform for a wide range of decentralized applications. For more information, please visit base.org.
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