$PEAQ is peaq's own utility token that works as a substrate-based token on an EVM-compliant network. This token, which is an integral part of the peaq system, facilitates transactions between humans and machines, furthers blockchain production, participates in network management, and ensures machine reliability. $PEAQ is a fungible token with a supply limit of 4,200,000,000 tokens.
On May 9, 2024, peaq announced a token sale public round on Coinlist, allocating 6% (252M tokens) of the $PEAQ total supply (4,2B tokens). The project expects to raise $19,98M from this public sale.
peaq - Public Round on Coinlist Overview
15% unlock at TGE, 6 months linear release
CoinList
peaq - Public Round on Coinlist Round Result
peaq - Public Round on Coinlist Current Token Data
How to join peaq - Public Round on Coinlist?
To participate in the PEAQ token sale public round, users have to fund their CoinList wallet with the minimum purchase amount ($100 in USDC or USDT), as well as pass KYC verification.
Once the $PEAQ launch begins, users will be asked to submit a purchase request, with the limit set between $100.00 and $2,500,000.00. Users cannot submit a purchase request that exceeds the amount of USDC or USDT they have on CoinList. There is a possibility to submit only one purchase request, so please make sure you specify the final amount in your initial request.
After the end of the token sale period, on May 16, 2024 at 17:00 UTC, allocations will be chosen at random. Users who are not selected to receive a distribution will receive their funds back to their CoinList wallet within 48 hours of the end of the purchase period.
Purchasers that receive an allocation will receive the entire amount they submitted. There will be no partial holds for successful purchasers.
Attention: We would like to inform you that members of the Peaq Foundation and its affiliates are eligible to participate in the token launch. Although core members have equal opportunities to purchase tokens with external participants, their participation may result in a potential conflict of interest.
Step-by-step Guide
See if the $PEAQ launch is available in the jurisdiction you’re a resident of;
Set up your account at CoinList;
Pass KYC — you will need a compatible personal ID with a photograph and a laptop or smartphone with a camera;
Top up your CoinList wallet with the desired contribution amount ($100 in USDC or USDT). Please make sure to check the minimum / maximum purchase limits;
Participate in Sale and commit funds on Coinlist;
Stay tuned to peaq’s official channels for more details.