The Layer-1 blockchain for DePIN and Machine RWA
Launch Has Ended
Content on this page was provided by the peaq team
Launch Has Ended
We’re excited to announce our TENTH token launch of 2024 with peaq, a cutting-edge layer-1 blockchain designed as the go-to backbone for DePINs (real-world apps).
peaq is at the forefront of a global infrastructure revolution, enabling individuals to own and earn from various sectors such as mobility, energy, connectivity, environment, agriculture, and digital infrastructure. With over 25 DePINs spanning in 11 industries, peaq hosts a network of over 400,000 devices, vehicles, machines, and robots (Machine RWAs) that operate within its ecosystem.
DePINs building on peaq tap its Modular DePIN Functions, pre-made functionalities crucial for real-world apps, to deploy and grow faster. These include:
peaq serves as permissionless, borderless digital infrastructure for increasingly intelligent machines to serve all of humanity — the 100%, not just the 1% — democratizing abundance in the Age of AI and job automation.
Please note, that you can only submit one purchase request, please make sure you submit your final intended amount on your initial request.
Please be informed that members of the Peaq Foundation and its affiliates are eligible to participate in the token launch. Although core contributors have equal opportunities to purchase tokens as external participants, their participation may give rise to potential conflicts of interest.
¹ Out of the 6% of total token supply offered in this launch, 1.5% of the total token supply will be allocated to peaq’s community whitelist. Community whitelist participants may not be subject to Whale category allocation restrictions. The remaining 4.5% of the total token supply is open to all participants.
² Participants who commit $50,000 or more will qualify as “Whales” and automatically receive token allocation from the Whales category pro-rata. The whales allocation is capped at 0.5% of the total token supply.
Any unfilled allocations from the whitelist category will be added to the Whale category. Any unfilled allocations from the Whale category will be allocated to the remaining 4% set aside for the general userbase.
PEAQ is the native utility token of peaq, operating as a Substrate-based token within an EVM-compatible network. Integral to the peaq system, this token facilitates transactions among individuals and machines, contributes to block production, engagesin network governance, and ensures the machines’ trustworthiness. PEAQ is a fungible token with a supply cap of 4,200,000,000 tokens.
On peaq, real-world machines creating real-world value turn into machine real-world assets (RWAs). Machine RWA tokens enable people to fund and earn from machines and robots such as the robo-cafe on peaq unveiled by XMAQUINA in collaboration with ELOOP at TOKEN2049 in Dubai last month.
Other DePINs building on peaq include a fleet of tokenized car-sharing Teslas in Vienna, a global network of noise pollution sensors counting more than 200,000 devices, and a Web3 marketplace connecting farmers with local retail businesses with no intermediaries.
In a world growing more digitized and automated by the minute, peaq is changing the game by empowering anyone to become a stakeholder in this global transformation — and PEAQ is its lifeblood.
PEAQ’s tokenomics and economic model was designed with the needs of the Economy of Things in mind, striving to align the incentives of all stakeholders — both people and machines — and promoting sustainable growth and real-world adoption.
A significant amount of PEAQ is allocated to the community to decentralize the network and set it on a path to becoming truly community-owned.
