Peaq is setting a new standard for the machine economy with its highly scalable, eco-friendly, and decentralized Layer-1 blockchain. This unique platform is specifically designed for DePIN (Decentralized Physical Infrastructure Networks) and Machine RWA (Real-World Assets), which enable real-world devices and data to operate on the blockchain in a decentralized way. Built on the Substrate framework, peaq supports both ink! and Ethereum Virtual Machine (EVM) smart contracts, providing a flexible and robust environment for a range of innovative projects.
What Makes peaq Unique?
Peaq has already attracted considerable interest in the blockchain space, raising over $23.5 million from leading investors, including The Spartan Group, DWF Labs, and HashKey Capital, as well as $19.98 million from an ICO. This well-funded and ambitious project is officially launching on November 12, with a bold vision to drive the future of DePIN.
Core Strengths of peaq
Super Decentralized: Peaq boasts a Nakamoto Coefficient of over 130, one of the highest among major Layer-1 and Layer-0 blockchains, ensuring a secure, resilient, and genuinely decentralized network.
Scalability: Peaq can handle over 100,000 transactions per second using Elastic Scaling and Agile Core Time, which makes it ideal for applications needing high throughput, such as real-time data feeds and IoT device management.
Eco-Friendly Architecture: Designed with sustainability in mind, peaq is engineered as one of the greenest blockchain solutions available in Web3, meeting the demands of a more environmentally-conscious digital landscape.
Peaq’s Key Projects and Use Cases
Peaq’s versatility has attracted an impressive range of projects across various sectors, all of which leverage its unique features for real-world impact.
Silencio – Tackling Noise Pollution Globally
With over 353,000 users across 180+ countries, the Silencio app allows people to monitor noise pollution right from their smartphones. By capturing sound data, Silencio provides valuable insights into urban noise levels, making noise pollution data accessible and actionable. Peaq’s scalability and low transaction costs enable Silencio to manage and grow its extensive data network efficiently.
“Peaq's scalability and cost-efficiency are crucial to Silencio's fast growth, transforming how we monitor and respond to noise pollution,” – Theo Messerer, Co-Founder of Silencio.
Farmsent – Empowering Farmers with Web3
In Asia and South America, more than 160,000 farmers are using Farmsent to regain control over the food trade system. This platform provides a decentralized marketplace where farmers can directly access buyers and manage distribution, bypassing intermediaries. Peaq’s Modular DePIN Functions make it an ideal fit, enabling a transparent, farmer-focused network.
“The food trade system is broken, and Web3 is the cure. Farmsent, with peaq's support, gives farmers the freedom to connect with markets without centralized control,” – Yog Shrusti, Co-Founder of Farmsent.
Teneo – Crowdsourcing Social Media Data
Teneo has engaged over 100,000 people from 146 countries in setting up Community Nodes to collect and analyze social media data. Using peaq, Teneo tokenizes revenue-generating machines as on-chain assets, transforming social data into valuable, tradeable resources.
“Peaq’s multi-chain capabilities and Machine RWA features made it the perfect choice for our social media crowdsourcing platform,” – Leroy Hofer, Co-Founder of Teneo Protocol.
NATIX – Mapping the World Through Crowdsourced Data
With a community of over 182,000 drivers in 171 countries, NATIX has mapped more than 95 million kilometers using smartphones. This decentralized mapping solution collects valuable data through drivers’ cameras, offering insights into global infrastructure. Peaq’s DePIN stack enables NATIX to scale efficiently and meet the high demands of its rapidly growing user base.
“Peaq’s DePIN stack supports NATIX in building and delivering the data our community needs,” – Alireza Ghods, Co-Founder of NATIX.
Trusted Partnerships and Backing
Peaq has built strong partnerships with top-tier companies like Bosch, Mastercard, Airbus, Continental, and NTT. These collaborations signal a powerful validation of peaq’s potential and ensure that the platform is at the forefront of integrating Web3 with traditional industries.
What’s Next for peaq?
Peaq’s upcoming November 12 launch marks a new chapter in the blockchain space, one that combines advanced scalability, modular infrastructure, and environmental consciousness. As a leader in DePIN and Machine RWA, peaq is well-positioned to shape a decentralized future where machines and real-world assets can be trusted, tokenized, and traded in a secure ecosystem.
By powering projects like Silencio, Farmsent, Teneo, and NATIX, peaq demonstrates the immense potential of blockchain to address real-world issues. With peaq, the machine economy can become truly decentralized, green, and ready to support new levels of digital innovation.
For anyone interested in the future of decentralized infrastructure, peaq is a project to watch.