Peaq releases 2024 Machine Economy Status Report, with over 40,000 machines successfully launched on-chain since mainnet launch

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On December 25, the DePIN Layer1 protocol peaq released the 2024 Machine Economy Status Report, stating that 41 new DePIN projects joined the peaq ecosystem in 2024, demonstrating the strong growth of the decentralized physical infrastructure network.

peaq achieved a record-breaking fundraising through CoinList, successfully raising $20 million.

peaq became an LP of the Borderless Capital $100 million DePIN fund, providing support for the expansion of the ecosystem.

The peaq <mainnet> was officially launched at 5 pm Beijing time on November 12, 2024, marking the beginning of the machine economy.

The DePIN Enterprise Adoption Program has been officially launched, and 5 global enterprises have joined so far.

In just over a month since the <mainnet> launch, more than 40,000 machines have been successfully deployed on-chain, demonstrating rapid real-world application.

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