Peaq $PEAQ is a blockchain platform that powers decentralized infrastructure networks for the machine economy. More
| Fully Diluted Valuation | $286.13M |
|---|---|
| 24H Trading Volume | $3.29M |
| 24H Low / High | $0.07 / $ 0.07 |
| Circulating Supply | 1.18B |
| Total Supply | 4.32B |
| Max Supply | ∞ |
| Categories | Smart Contract Platform 5 more |
|---|---|
| Founder | Max Thake 2 more |
| Website | peaq.network Whitepaper |
| Socials | 6 more |
| Chains | Binance-smart-chain Ecosystem 1 more |
| Explorer | Subscan 3 more |
| Contracts |
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| Name | Pair | OG Score |
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Peaq $PEAQ is a pioneering blockchain platform designed to power the machine economy with a focus on decentralization, efficiency, and scalability. Operating as an advanced Layer-1 blockchain, Peaq $PEAQ offers a robust foundation for Decentralized Physical Infrastructure Networks (DePINs) which cater to sectors like energy, mobility, and connectivity.
Project Overview and Features of $PEAQ
Peaq $PEAQ’s architecture is built to support massive scalability, capable of handling over 100,000 transactions per second through Elastic Scaling and Agile Core Time. This makes it one of the most scalable blockchain solutions available, setting a benchmark in the industry. Moreover, Peaq prides itself on its eco-friendly approach, utilizing the greenest blockchain architecture in the Web3 space.
Key Features of $PEAQ
Super Decentralized: Peaq $PEAQ boasts a Nakamoto Coefficient above 130, which is the highest among major Layer-0 and Layer-1 blockchains, ensuring a highly decentralized network.
Modular DePIN Functions: Peaq $PEAQ provides ready-to-use modular functions, empowering developers to easily integrate and tokenize vehicles, robots, and various devices within DePINs.
Environmental Consciousness: The platform is designed with sustainability as a core principle, minimizing ecological impact while maximizing performance.
Use Cases of $PEAQ
Peaq $PEAQ supports a wide array of applications across multiple industries, leveraging its versatility to power projects like:
Silencio: A noise pollution monitoring app that uses Peaq $PEAQ’s scalability for efficient data management across 390,000 users.
Teneo Protocol: A social media data crowdsourcing platform utilizing Peaq’s scalability for real-time data gathering from 800,000 nodes.
MapMetrics: A drive-to-earn application mapping over 600,000 kilometers daily, benefiting from Peaq’s extensive partner network and reliable infrastructure.
Farmsent: Enables 160,000+ farmers to have more control over their produce using Peaq’s decentralized infrastructure.
Founders, Backers, and Partners of $PEAQ
Peaq $PEAQ’s notable partners and collaborators include a vast network of enterprises and innovative projects. The platform stands out with a strong ecosystem supported by enterprise collaborations, enhancing its global reach and impact. The identities of founders and specific backers are not detailed in the available information, but the platform’s robust ecosystem highlights the strategic partnerships that support its growth and development.
Conclusion
Peaq $PEAQ is setting a new standard in blockchain technology by enabling scalable, decentralized solutions for the machine economy. Its focus on environmentally friendly practices, coupled with its commitment to decentralization and scalability, positions Peaq as a leader in the evolving landscape of blockchain infrastructure. With a growing ecosystem and diverse use cases, Peaq is poised to continue its trajectory of innovation and influence across various industries.
Peaq is unique for its high scalability, handling over 100,000 transactions per second, and its eco-friendly, super decentralized framework with a Nakamoto Coefficient above 130.
The founders of Peaq are Max Thake, Leonard Dorlochter, and Till Wendler.
Peaq's backers and partners include Borderless Capital, Solana Foundation, Jump Crypto, IoTeX, and GSR, among others.
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