peaq

Peaq is a Layer 1 blockchain specifically designed to support Decentralized Physical Infrastructure Networks (DePINs) and Machine Real World Assets (RWAs). Its goal is to create a decentralized, globally accessible infrastructure that empowers communities to build community-owned applications for AI-powered machines, allowing everyone to benefit from the value they generate. Peaq is highly scalable, environmentally friendly, and offers ready-to-use modular functions for easy DePIN development. They boast a strong community of developers and have partnered with several notable companies like Telekom, Lufthansa Innovation Hub, and Bertelsmann Investments.

Peaq utilizes the krest network, a sister network designed for simulating DePINs in a live environment before deployment on the main peaq network. Krest allows developers to experiment with new features, test smart contracts, and conduct socio-economic experiments within the context of the Economy of Things. This approach allows developers to refine and optimize their projects before launching them on the real-world peaq network, mitigating risks and ensuring a smooth transition to a fully decentralized and secure platform.

Peaq is a Layer 1 blockchain focused on empowering the "Economy of Things" by creating a decentralized infrastructure for real-world applications and machines. Their vision is to democratize the value generated by AI-powered machines, enabling everyone to benefit from the growth of automation, not just a select few. Peaq aims to achieve this by providing a platform where communities can build and own decentralized applications (DePINs) that connect and manage real-world machines, fostering a positive-sum economy that works for people and machines alike.

peaq promotes a culture of community-driven innovation, emphasizing open-source collaboration and real-world application. They encourage developers and builders to contribute to the peaq ecosystem through their grant program, test network, and open-source SDK. The company values transparency and accessibility, encouraging participation from diverse backgrounds and skill levels. This collaborative and inclusive approach fosters a dynamic environment where ideas are shared freely and real-world solutions are built together.