peaq has listed its native utility token, PEAQ, on 12 crypto exchanges, together with crypto.com, BitGet, and KuCoin. The itemizing allows customers to interact with a decentralized infrastructure community (DePIN) that connects over two million units worldwide.
As of press time PEAQ is buying and selling round $0.35, up 600% from its itemizing value of $0.05. The CoinList public sale value was $0.07 at a valuation of $332.95 million.
The place to purchase peaq tokens
Per peaq’s current announcement, the PEAQ token is now obtainable on exchanges akin to BingX, Bit2Me, CoinList, CoinW, gate.io, Hashkey, KuCoin, MEXC, and can quickly be listed on LBank. The token serves a number of capabilities inside the peaq ecosystem, together with transaction charges, staking for validator nodes, and future on-chain governance participation.
The preliminary provide of PEAQ is 4.2 billion tokens, with an inflation price beginning at 3.5% and reducing yearly by 10% till stabilizing at 1%. This provide schedule goals to help long-term progress inside the DePIN ecosystem.
peaq’s platform helps decentralized purposes with real-world use instances. Internet hosting over 50 DePINs throughout 21 industries—akin to mobility, vitality, connectivity, and decentralized AI—the community is ready to launch tasks like Silencio, MapMetrics, DATS, Roam Community, and Teneo Protocol. These purposes provide providers starting from noise air pollution knowledge assortment and drive-to-earn navigation to community-provided bandwidth and real-time social media knowledge crowdsourcing.
The community operates with a pool of 32 genesis nodes run by numerous entities, together with funding companies and enterprises like Bertelsmann Investments, Deutsche Telekom MMS, Lufthansa Innovation Hub, and the Technical College of Munich’s Faculty of Administration. The platform contains a Nakamoto Coefficient exceeding 130 and throughput of 10,000 transactions per second, with plans to extend capability by way of future updates.
Within the coming months, peaq plans to introduce stablecoin integrations, bridging options, fiat on-ramps, and decentralized exchanges. The main target is on offering instruments for tasks requiring a blockchain tailor-made to real-world purposes, aiming to disrupt industries historically dominated by centralized incumbents.
peaq’s current token launch on CoinList attracted $20 million in contributions from over 14,000 wallets and was oversubscribed with $36 million contributed. The venture additionally accomplished a CertiK audit, receiving a excessive rating for fundamentals within the pre-launch venture class.
The platform’s interoperability is enhanced by way of connections to over 90 blockchains by way of LayerZero, permitting liquidity and knowledge to move freely. It affords modular DePIN capabilities akin to self-sovereign machine identities, peer-to-peer funds, role-based entry management, machine knowledge verification, and machine knowledge storage.
Until Wendler, co-founder of peaq, commented,
“peaq’s genesis marks the start of a complete new period the place Web3 lastly will get actual. The DePIN revolution will rework the best way we run essentially the most essential infrastructure, placing neighborhood squarely on the helm.”
The peaq neighborhood includes over 350,000 DePIN fanatics and early adopters. The platform goals to democratize the machine economic system by enabling decentralized purposes to function effectively and securely, serving as a basis for a seamless, borderless economic system of machines.
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