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Decentralized physical infrastructure networks (DePINs) and real-world assets (RWAs) are currently among the hottest sectors in the crypto space. peaq, a Layer 1 (L1) blockchain purposely built and optimized specifically for these markets, aims to power a global infrastructure revolution using DePIN technology.
This article introduces you to the peaq network and the PEAQ token, and explores why this L1 chain is so popular among real-world asset and DePIN projects. Let's get started.
Key Takeaways:
peaq network is a high-performance blockchain that’s purpose-built and optimized for DePIN and RWA projects.
Developers can leverage the peaq blockchain's modular DePIN functions to equip their ecosystems with essential core functionalities.
peaq has raised over $40 million to date, and has over 3 million devices with a total value of more than $1 billion and 50 DePINs in 21 industries active in the network.