PEAQ peaq

peaq is a layer-1 blockchain that serves as the backbone of the Machine Economy. It is specifically designed to support Decentralized Physical Infrastructure Networks (DePINs) and the vast array of devices, robots, and vehicles (RWAs) that operate within this ecosystem. At its launch, peaq hosts over 50 DePINs across more than 20 different industries.

What is DePIN?

Decentralized Physical Infrastructure Networks (DePIN) refer to decentralized applications that utilize tokens to motivate communities to build physical infrastructure networks, such as mobility systems, electric vehicle charging stations, and telecommunications.

Why do DePINs choose peaq?

peaq is tailored to enable real-world Web3 applications. Its Modular DePIN Functions, which include features like Machine IDs and DePIN Data Verification, act as foundational elements that DePINs can utilize to accelerate their development and implementation. Additionally, peaq’s ecosystem fosters collaboration among DePINs, enhances demand-side opportunities through its enterprise partnerships, and provides cost-effective and rapid transaction capabilities with a high level of decentralization.

What can you create on peaq?

On the peaq platform, developers can create any decentralized application that interacts with real-world devices to deliver services. Notable projects built on peaq include:

• Silencio: A DePIN that crowdsources a global noise pollution map via a mobile app, incentivizing users with tokens for local noise data collection, boasting over 360,000 users in 180 countries.
• XMAQUINA: A tokenization platform for autonomous robots, featuring the world’s first tokenized automatic robo-café.
• Farmsent: A DePIN focused on smart agriculture and a peer-to-peer marketplace for farm produce, already involving over 160,000 farmers across Asia and South America.
• MapMetrics: A drive-to-earn DePIN that rewards users for collecting navigation data through a mobile app with 60,000 participants.
• Teneo Protocol: A DePIN for gathering real-time social media data from over 350,000 Community Nodes.

This innovative framework positions peaq as a pivotal player in the development of decentralized applications that leverage physical infrastructure.