- peaq is a Layer-1 blockchain built specifically for use in real-world applications — applications now known as "Decentralized Physical Infrastructure Networks" (DePIN).
What's the story?
- A total of 20 DePINs from 6 different industries are already building on peaq (14 of which have been officially announced).
- Major companies such as Bosch, Airbus and NTT are also already working with peaq on decentralized applications in the real economy.
- These include a fleet of car-sharing Teslas, a network of AI-controlled cameras for measuring road traffic, a network of noise pollution sensors, a web access hotspot network and many more.
- More than 120,000 machines in 90% of all countries already have their own peaq ID.
- Messari projects a global DePIN market size of $3.5 billion by 2028.
Good to know
- The Web3 platform operates on an economic model designed specifically to create incentives for users and machines in the so-called "Economy of Things."
- The economic model generates natural demand for the native $PEAQ token, which is scheduled to launch over the course of 2024.
- The krest test network is already live. It enables socioeconomic, technical, community and governance innovation and experimentation within the peaq ecosystem.
- The economic model can be tested there as well, enabled by its own $KREST token.
- An airdrop is also planned.
Translated from the German original, which is the authoritative version. Read the German version
