peaq

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08 Jun 2021 - 16 May 2024
Easy High Reward Hot Epic Limited

peaq is a multi-chain layer one blockchain purposely built and optimized for DePIN and Machine RWA. The network is capable of scaling beyond 100,000 transactions per second (TPS) (pending upgrade) while maintaining a minimum transaction cost of approximately $0.00025. peaq leverages the most environmentally friendly blockchain architecture available and the second-largest developer ecosystem in Web3.

The project has successfully raised $24,04M from reputable investors, including Animoca Brands, Spartan Group, Fundamental Labs, Borderless Capital, TRGC, and many others.

CoinLaunch Score: Very High
Last update: 07 Nov 2023

peaq - WAITLIST Overview

Ticker: PEAQ
Start Date: 08 Jun 2021
End Date: 08 Jun 2021
Country: +65
Whitelist: No
KYC: Yes
Bounty: Yes
MVP: Yes
Security Audit: No
Raise Fund: $24,040,000
Block Chain:
ETH
Industry:
Decentralized Crypto +3

peaq - Review

peaq is a first-tier blockchain designed as the foundation for DePINs (real-world applications).

peaq is at the forefront of the global infrastructure revolution, enabling people to own and earn across such sectors as communications, energy, environment, mobility, agriculture and digital infrastructure. peaq supports a network of more than 400,000 devices, vehicles, machines and robots (Machine RWAs) operating in its ecosystem with more than 25 DePINs spanning 11 industries.

$PEAQ is peaq's own utility token that works as a substrate-based token on an EVM-compliant network. This token, which is an integral part of the peaq system, facilitates transactions between humans and machines, furthers blockchain production, participates in network management, and ensures machine reliability. $PEAQ is a fungible token with a supply limit of 4,200,000,000 tokens.

peaq provides seamless interoperability with Polkadot, cross-chain machine IDs with Cosmos, Solana, and Binance, and bridging with Ethereum. peaq is EVM compatible and has bridging with 30+ blockchains through Wormhole. peaq rewards machines and DePIN developers who connect, contribute, and generate transactions on the network, contributing to a decentralized, positive-sum economy that works for the good of the world.

The project has its peaqosystem (peaq’s ecosystem) with a huge number of partnerships with DePIN and dApps, enterprises and SMEs, integrations wallets and IDs.

peaq characteristics include:

  • Super Decentralized: peaq has a Nakamoto Coefficient of 90+. The highest among major Layer-0 and Layer-1 blockchains.
  • Super Scalable: peaq will scale past 100,000 transactions per second by leveraging Elastic Scaling and Agile Core Time.
  • Environmentally Friendly: The peaq network is engineered using the most environmentally friendly blockchain architecture in Web3.
  • Modular DePIN Functions: peaq provides ready-to-use modular functions to power and tokenize vehicles, robots, and devices on any DePIN.

On May 9th, 2024, Peaq Token Launch on Coinlist began. The contribution period ends on May 16th, 2024. $PEAQ Token Distribution date is Mid/Late June.

 

peaq’s token sale pros:

  • Below-the-average FDV for infrastructure project ($333mln); 
  • Low Initial Circulation Supply ($10.50M); 
  • Relatively low monthly token inflation rate (2.29%);
  • Low Initial Circulation Supply/FDV (6%);
  • High-quality website;
  • Great SMM coverage;
  • Top Tier investors and partners; 
  • Decent PR Performance;
  • Team members have solid experience;
  • Good Search Engine Optimization;
  • Not bad Influencer Marketing Performance;
  • Has own blog.

peaq’s token sale cons:

  • 15% unlock at TGE: x6.6 ROI needed at leasting for break even
    In this case, FDV will be ~$2.2B that means the project must get into TOP 50)
  • No public security audits;
  • Weak Marketing Infrastructure.

peaq - Token Economy

Total Raise: $24,040,000
Pre Sale: 1,428,000,000 (34%)
FDV: $333,333,333
Total Supply: 4,200,000,000
Public Sale: 252,000,000 (6%)
Initial Circulation Supply: $10,487,950 (3.15% of FDV)

peaq - Token Sale Rounds

Price: N/A
Tokens for sale: N/A
Raise: $2,500,000
Lock-Up: ICO
Start Date:

08 May 2021

End Date:

25 May 2021

peaq - Team

Rahul Sharma

Max Thake