peaq is a multi-chain layer one blockchain purposely built and optimized for DePIN and Machine RWA. The network is capable of scaling beyond 100,000 transactions per second (TPS) (pending upgrade) while maintaining a minimum transaction cost of approximately $0.00025. peaq leverages the most environmentally friendly blockchain architecture available and the second-largest developer ecosystem in Web3.
The project has successfully raised $24,04M from reputable investors, including Animoca Brands, Spartan Group, Fundamental Labs, Borderless Capital, TRGC, and many others.
Please note that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch isn't a financial advisor and doesn't intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 89+ distinct variables/metrics, refined over time through the team's rich 7-year experience
peaq is a first-tier blockchain designed as the foundation for DePINs (real-world applications).
peaq is at the forefront of the global infrastructure revolution, enabling people to own and earn across such sectors as communications, energy, environment, mobility, agriculture and digital infrastructure. peaq supports a network of more than 400,000 devices, vehicles, machines and robots (Machine RWAs) operating in its ecosystem with more than 25 DePINs spanning 11 industries.
$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.
peaq provides seamless interoperability with Polkadot, cross-chain machine IDs with Cosmos, Solana, and Binance, and bridging with Ethereum. peaq is EVM compatible and has bridging with 30+ blockchains through Wormhole. peaq rewards machines and DePIN developers who connect, contribute, and generate transactions on the network, contributing to a decentralized, positive-sum economy that works for the good of the world.
The project has its peaqosystem (peaq’s ecosystem) with a huge number of partnerships with DePIN and dApps, enterprises and SMEs, integrations wallets and IDs.
peaq characteristics include:
On May 9th, 2024, Peaq Token Launch on Coinlist began. The contribution period ends on May 16th, 2024. $PEAQ Token Distribution date is Mid/Late June.
peaq’s token sale pros:
peaq’s token sale cons:
<a href="https://coinlaunch.space/projects/peaq/" title="peaq (PEAQ)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/peaq.png" width="224" alt="peaq (PEAQ)"></a>