Does Coinlist's New Pre-Sale Make PEAQ Profitable ❓
While I was examining the Peaq project, I thought that DePin could be one of the pioneers of its sector, so I think that this sale will bring profit, but their social media is very weak, so low number of people may participate. You can decide whether or not to participate by reviewing the sales details. 💬 For your questions: t.me/organizekrypto
-What is PEAQ❓ Peaq Network is a smart contract platform built on Substrate. Substrate is a development framework used to build private blockchains and connect them to the Polkadot network. Peaq Network supports Ethereum Virtual Machine (EVM) smart contracts, enabling the management and processing of digital agreements. Therefore, Peaq Network is a smart contract platform that works compatible with Substrate technology and integrates with the Ethereum Virtual Machine.
Peaq is at the forefront of a global infrastructure revolution that enables individuals to own and profit from a variety of sectors including mobility, energy, connectivity, environment, agriculture and digital infrastructure. With more than 25 DePINs spanning 11 verticals, peaq hosts a network of more than 400,000 devices, tools, machines, and robots (Machine RWAs) operating within its ecosystem.
⚠️ Sales Details ⚠️ Total Supply: 4,200,000,000 Units Pre-Sale: 252,000,000 Units will be sold at $PEAQ $0.079274. FDV: 333,333,333.33$ (~$333 Million) (FDV: Marketcap when all supply is in circulation) Distribution: 15% TGE and 6 Months Distribution Min-Max Purchase: 100$-50,000$ (Min. 3325 people will purchase) ---------------------------------------------- Sale Date: 9 May 20:00 - 16 May 20:00 💰 Sales Page: coinlist.co/peaq ‼️Estimated Listing: Mid or End of June‼️
Many projects announce that they received investments with high valuations in investment rounds and try to increase the token. But these do not reflect reality...
For example, MesonNetwork was saying that it received investments with a valuation of 1 billion before the listing, or that it received investments with a valuation of 250 million$ when the market cap of any token was $100 million. All of these are nothing but empty marketing efforts...
They either send money to their wallets from their subsidiaries and say that this is an investment, or they present the tokens they give free to market makers as if they were investments.
Unless the project itself deserves that value, it can declare that it received investment with an appreciation of 10 billion$ , that project is garbage. 🚮