peaq

The Layer-1 blockchain for DePIN and Machine RWA

About

What is peaq?

peaq is a layer-1 blockchain powering the Machine Economy. It is designed to power Decentralized Physical Infrastructure Networks (DePINs) and the billions of devices, robots and vehicles (RWAs) that run on them. At the time of launch, peaq is home to over 50 DePINs in 20+ industries.

What is DePIN?

Decentralized Physical Infrastructure Networks (DePIN) is the name for decentralized applications that use tokens to incentivise communities to build physical infrastructure networks (think mobility, electric vehicle charging, telecoms etc.) from the ground up.

More on DePIN: https://www.peaq.network/blog/what-are-decentralized-physical-infrastructure-networks-depin

Why do DePINs build on peaq?

peaq is designed to power real-world Web3 applications. peaq’s Modular DePIN Functions — which include Machine IDs and DePIN Data Verification — work as building blocks DePINs leverage to speed up their development and deployment.

peaq’s DePIN ecosystem enables DePINs to explore synergies with peers, peaq’s DePIN-focused enterprise ecosystem gives DePINs opportunities to expand their demand side, and peaq’s fundamentals give them affordable and fast transactions as well as a high degree of decentralization.

More on peaq’s DePIN-specific features: https://www.peaq.network/blog/peaq-a-layer-1-blockchain-designed-for-depins-decentralized-physical-infrastructure-networks

What can you build on peaq?

On peaq, you can build any decentralized application that taps real-world devices to offer services. Some examples of projects built on peaq include:

  • Silencio: A DePIN crowdsourcing the world’s largest noise pollution map via a phone app that rewards people with tokens for collecting local noise data, with 360,000+ users across 180 countries.
  • XMAQUINA: A tokenization platform for autonomous robots behind the world’s first tokenized automatic robo-cafe.
  • Farmsent: A DePIN for smart agriculture and a peer-to-peer farm produce marketplace which has already onboarded 160,000+ farmers across Asia and South America.
  • MapMetrics: A drive-to-earn DePIN rewarding people for collecting navigation data via a phone app counting 60,000 users.
  • Teneo Protocol: A DePIN for crowdsourcing real-time social media data via more than 250,000 Community Nodes.

Explore the peaq ecosystem: https://www.peaq.network/learn/ecosystem

What enterprises does peaq work with?

peaq is collaborating with leading IoT manufacturers such as Bosch and is involved in the Bosch-led moveID project, which also includes names like Airbus and Continental. peaq is also collaborating with Mastercard.

Explore the peaq enterprise ecosystem: https://www.peaq.network/learn/ecosystem?category=Enterprises

Sale Terms

Token Price

$0.079274

Minimum Purchase

$100

Purchase Methods

USDC, USDT

Allocated Supply

252,000,000 PEAQ

Unlock Schedule

15% unlock at TGE, followed by a 6-month release

Fully Diluted Value

$333,333,333.33

Total Token Supply

4,355,327,214.13 PEAQ

Milestones

  • May 9-16, 2024 Token Sale
  • May 17-22, 2024 Allocated
  • November 12, 2024 Listing

FAQ

Can I participate in the sale without going through KYC?

No, participation in the sale requires completion of KYC/AML (Know Your Customer/Anti-Money Laundering) checks for all participants.

How do I fund my purchase?

We will display payment information when you complete your registration for the Token Sale. Eligible purchasers can pay with Tether (“USDT”) or USD Coin (“USDC”). Payments made in USDT or USDC will equate to the value of one United States Dollar ("USD") regardless of fluctuations in USDT or USDC. You must also have sufficient ETH in your wallet to cover the Ethereum network gas fees when submitting your transaction. If your wallet does not have enough ETH for gas, your transaction will fail even if you have enough USDT or USDC to fund the purchase.

Please allow a few minutes for transactions to be reflected in the purchase UI after submitting payment.

Sale Structure: How does the First Come First Served sale structure work?

In order to be eligible to participate in a First Come First Served sale, users must fund their CoinList Wallet with the minimum purchase amount in USDC or USDT, as well as pass KYC verification.

Once the sale begins, users will be prompted to submit a purchase request, with a minimum limit set. You can not submit a purchase request that is larger than the amount of USDC or USDT that you hold in your funding wallet.

Allocations will be selected on a first-come, first-served basis. Any user who submits a purchase after the supply is exhausted will receive their funds back in their CoinList Wallet within 5 business days of the sale’s conclusion.

Sale Structure: How does the "Filling from the Bottom" sale structure work?

Filling up from the bottom maximizes the number of individual participants in a sale while still allowing for participants with more capital to express their demand. Using a water-filling mechanism, allocations are distributed evenly from the bottom up, so each participant receives an equal amount first, before larger allocations are gradually filled. For more information on how it works, see here.

When can I expect to receive my funds back if I do not get an allocation?

Users who are not selected to receive an allocation will receive the funds back to their funding wallet within 5 business days of the sale's conclusion.

Why can’t certain residents and citizens participate?

CoinList is committed to following all applicable regulatory guidelines. As a result, CoinList will not be able to offer tokens for purchase to unsupported jurisdictions found on our Legal page.

The content on this page has been provided by peaq and is for general informational purposes only. CoinList does not make any representations or warranties, express or implied, regarding the accuracy, completeness, or timeliness of the information provided. Additionally, CoinList does not endorse or recommend any products, or services, mentioned on this page, nor does anything contained herein constitute financial, investment, legal, or other professional advice. Users are encouraged to consult their own independent advisors before making any decisions based on the content of this site.

This crypto-asset marketing communication has not been licensed, reviewed or approved by any competent authority in any Member State of the European Union. The offeror of the crypto-asset, peaq, is solely responsible for the content of this crypto-asset marketing communication.

Sale Ended