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peaq is a multi-chain, Layer-1 blockchain specifically designed and optimized for DePIN and Machine RWA. The network is capable of scaling over 100,000 transactions per second (TPS) (pending updates) while maintaining a minimum transaction cost of approximately $0.00025. peaq uses the most environmentally friendly blockchain architecture and the second largest developer ecosystem in Web3.
From its Funding Private Round, peaq has successfully raised $6M at $50M valuation from investors, including Fundamental Labs, HashKey Capital, Waterdrip Capital, GSR, Moonrock Capital, Master Ventures and others.
5% on TGE, 6 months cliff, 5%, then 24 months vesting