peaq: A Layer-1 Blockchain Purpose-Built to Power DePINs (Decentralized Physical Infrastructure Networks)

DePIN is a new name for an old movement — one that peaq was purpose-built to power and enable — the intersection between the connected world and Web3. peaq is the home of DePIN. It is the layer-1 blockchain with the most DePINs building on top of it. This blog dives into the reasons why that is.

DePIN is short for Decentralized Physical Infrastructure Networks. DePINs use tokens to incentivize people to offer services to other people using physical hardware, like for example, earning rewards for offering WiFi or 5G to people walking by via a router. 

Such projects are Web3’s best ever shot at real-world adoption. In this piece we’ll be running through what makes peaq the perfect layer-1 blockchain for DePINs, and what builders should be taking into account when deciding on which chain to build their DePINs.

If you’re curious to learn more about DePIN before understanding why peaq is the best place in Web3 to build them on, we’ve got a blog for that.   

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Why do we need a layer-1 blockchain focused on DePIN?

Remember Yahoo?

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If you’re a zoomer (Gen Z), chances are you don’t.

In the late 1990s, Yahoo was the kingpin of the internet, offering a range of services from search to email, news, and even horoscopes. It was a general-purpose solution doing a bit of everything.

Until Google and Facebook came along, and we all know how that story goes.

We've seen this play out many a time in recent history. Kodak was the one-stop shop for all things photography — until Canon and Nikon came along. IBM was the one-stop shop for all things computers — and then came Microsoft and Apple. The moral of the story is simple: Organizations dedicated to a specific niche have an unfair advantage over organizations that take a more general approach: focus. 

In the Web3 space, most people are used to layer-1 blockchains being ‘general purpose’, meaning suited to anything and everything. Examples include Ethereum and Solana. But the tides are starting to turn, and the DePIN sector is driving this change. Yes, you could technically build a DePIN on any general-purpose smart-contract platform — but a network tailor-made as a layer-1 for DePINs will serve you better than a general-purpose network built with little to no concern for your specific needs. 

And that’s just the thing: DePINs have specific needs.

No matter how many NFT, memecoin, or gaming projects a layer-1 ecosystem is home to, it doesn’t mean it will make just as good a home for projects building intricate networks to power real machines serving real people in the real world. DePINs are different.

Let’s dive into how’s peaq singular focus on DePIN gives it an unfair advantage over general-purpose layer-1s. We’ll consider the key aspects DePIN builders consider (or may wish to) when choosing a backbone for their project. 

This graphic is a shorthand guide to the key reasons to build on peaq, and a guide to how this blog is split up, in case you’d like to jump ahead.

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peaq's Network Fundamentals

In this section, we’ll cover the core fundamentals like scalability, decentralization, economics, and energy efficiency.

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peaq's Core Fundamentals 

Let’s start on the ground floor — with core network fundamentals, which are twice as fundamental for DePINs. Why? DePINs deal with high numbers of users and machines, sending high volumes of transactions per second. A network’s transaction throughput and fees are thus crucial to their ability scale. So how does peaq fare?

Super Decentralized: peaq has a Nakamoto Coefficient of over 130

peaq has a Nakamoto Coefficient of 130+, one of the highest across the entire Web3 space. This helps lead to unparalleled security and resilience and symbolizes the network’s adherence to the core Web3 values and ethos. On top of that, running a peaq node costs the operator approximately $3,000 per year, making for a highly decentralized block production process and greater inclusion. 

Super Scalable: 10,000 - 100,000+ Transactions Per Second (TPS)

The peaq network allows for high throughput via asynchronous backing, capable of handling upwards of 10,000 transactions per second — with the ability to scale 10x (yes, 10x, to 100,000) in 2025. 

Super Cheap: $0.00025 per Transaction

Enjoy swift, dependable transactions at as little as $0.00025, enabling frictionless operations for any DePIN. It just doesn’t get cheaper.

Super Fast: 6s - ~0.25s Block Time

peaq’s block time of 6 seconds will decrease fast now that the network is live, making it optimal for time-sensitive real-world applications. With future upgrades, it could be as fast as 0.25s per block if need be – but low block times come with key trade offs. Consider researching this if you’ve been fed the questionable assumption that lower block time is always better. 

Core network fundamentals can be considered “knock out criteria” – if a blockchain doesn’t have great core fundamentals, it won’t be considered a good place to build a DePIN. peaq has the strongest core fundamentals among the blockchains vying for the crown of “home of DePIN”. From here on we’ll dive into the more DePIN-focused points. This is where peaq’s advantage as a layer-1 purpose-built for DePIN gets really unfair.

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peaq's Economics & Machine DeFi

Innovation is key. Incentives — even more so. At the heart of any layer-1 lies its economic model, a delicate balance of incentives, rewards, and strategies that governs its network and ecosystem. Economics not only determine the viability and longevity of the network but also shape stakeholder behavior, drive adoption, and ensure security. 

General-purpose layer-1s, while revolutionary in their design, often cater primarily to human users — because of course they do. However, as we enter the Age of Automation it's evident that the users of tomorrow's decentralized networks won't only be humans. 

Machines, with their distinct operational paradigms and value-generation mechanisms, are rapidly becoming integral participants in these networks and our economy. These machines, be they robots, sensors, or any other connected devices, have needs and behaviors distinct from us humans. Aligning them to a network requires a unique blend of economic incentives and structures. 

peaq has crafted its economics with this very future in mind. peaq's not just preparing for a world where machines play a role; peaq is envisioning a world where machines dominate the workforce, spearhead tasks, generate unprecedented value, and operate autonomously. 

peaq’s economic model is designed to cater to this imminent reality, ensuring that as machines become more prevalent in our daily lives, they seamlessly integrate, operate, and thrive within the peaqosystem.

‍DePINs want to incentivize new participants with token rewards, rewarding them for creating value. peaq amplifies this incentivization with its own rewards for machine owners who connect their devices to the network, as voted on by the community.

‍If you’d like to dive deeper into peaq’s economics, here’s an overview.

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Machine DeFi

‍Another array of core incentive mechanisms baked into peaq falls under the umbrella term of Machine DeFi — a term introduced by peaq. 

Machine DeFi is essentially decentralized finance for machines in the Machine Economy. Machine DeFi is concerned with financing the deployment of new machines to the peaq network via crowdfunding and community-voted subsidies, enabling increasingly autonomous machines to sustain themselves financially. 

‍Machine DeFi amps up the versatility of the DePIN model, allowing DePINs to scale even faster. It enables communities to leverage borderless fundraising via the blockchain to cover the upfront costs of purchasing hardware, which makes it possible for DePINs — and the people backing them — to enter markets shunned by traditional firms. ‍

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‍Energy Efficiency

The topic of energy consumption has surged to the top of Web3 agenda in recent years, fueled by debates around Bitcoin’s environmental impact. While there may have been misconceptions about Bitcoin's energy footprint, the overarching message is clear: We need to be guardians of our environment. Every byte and transaction has a real-world echo, and it's our responsibility to ensure it's a sustainable one.

DePINs, by their very nature, intersect with tangible real-world infrastructure, vehicles, and machines. The teams and communities behind these DePINs are constantly innovating and strategizing with energy efficiency in mind. They understand the gravity of their work's environmental implications. 

Building a decentralized electric vehicle-sharing DePIN, for instance, loses its luster if the DePIN runs on as a power-hungry behemoth. Sustainable DePINs need eco-friendly layer-1 backbones to make sense.

peaq recognizes this environmental imperative. Our commitment to energy efficiency isn't just a nod to current trends, but a deep-seated principle. To this end, peaq leverages the most environmentally-friendly blockchain technology in Web3. 

And we’ll be clear — this isn’t some net-zero scheme by means of purchasing carbon credits — this is the real thing. Better not to spill the drink than to wipe it up well.

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peaq's DePIN Back End

In this next section we’ll dive into peaq’s Modular DePIN Functions, Interfaces, Products, Sandboxes, and Integrations.

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peaq's Modular DePIN Functions: Ready-to-Use DePIN Backend

peaq equips DePIN builders with all the decentralized backend logic they need to build record-breaking DePINs in record time. peaq is the only blockchain in the world offering such a wide range of out-of-the-box functions for DePIN builders. 

peaq ID – Self-Sovereign IDs for Machines

The first and arguably most important function is peaq’s Multi-Chain Self-Sovereign Machine IDs. You can think of these as passports for machines, sculpted over years of work with the EU-funded Gaia-X moveID consortium, with the likes of Bosch, Airbus, Continental, and others.

With peaq ID, you can create unique self-sovereign IDs for vehicles, machines, robots, and devices to enable their secure interactions within the DePIN and from DePIN to DePIN (machine/DePIN composability, which we’ll talk about later). You can read more about peaq ID here, or in peaq’s docs here.

Let’s dive into the other functions peaq offers builders out of the box.

peaq access — Role-Based Access Control

Efficient access management with peaq’s role-based control ensuring secure and authorized operations. Read more.

peaq pay — Peer-to-peer Payments for Machines and Humans

Enable seamless, secure, and autonomous transactions between people and machines on the DePIN you’re building. Read more.

peaq store — ‍Web3 Data Storage for the Economy of Things

‍Store and exchange data securely and efficiently, enabling effective communication and information flow within the DePIN. Read more.

peaq verify — Three-tiered Machine Data Verification for DePINs

The most advanced DePIN device data verification function out there. Verify the machine data on your DePIN with cryptography, machine learning, and trusted oracles. Read more.

peaq agents — AI Agents

Leverage autonomous AI Agents for advanced operations and interactions on the DePIN or dApp. Read more.

peaq reward — DePIN rewards distribution

Set up the mechanism sending rewards for providing real-world services as part of your DePIN into people's and machines' wallets with just a few lines of code and watch your DePIN's flywheel spin.

peaq will be rolling out more DePIN-specific functions in the coming months, and upgrading and improving existing ones constantly.

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peaq's Interfaces & Tools

In the vast realm of decentralized networks, it's the tools and interfaces that bridge the gap between intricate technology and user-centric applications. These elements serve as the conduits, enabling smooth interactions, streamlined processes, and intuitive engagement. As we delve deeper, we'll explore how the right set of tools and interfaces can elevate the experience for DePIN builders and users alike, simplifying the complex world of blockchain.

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peaq portal: finance & governance hub for DePINs 

peaq portal is the hub for managing $PEAQ tokens, allowing community members to take part in various activities concerning peaq’s development and ecosystem growth. Currently, you can use peaq portal to stake your $PEAQ tokens in support of your chosen active nodes, bridge $PEAQ to and from the network, and access relevant network stats. 

With future updates, you will also be able to use peaq portal for:

• Network governance — you will be able to vote on major decisions around peaq’s future development and growth
• Token swapping — you will be able to use a peaq-native DEX to do token swaps in the peaqosystem
• Contributing liquidity to selected token pairs — you will be able to earn rewards for providing liquidity into pools on the peaq-native DEX
• Participation in community campaigns — you will be able to… Hey, no spoilers! Just stay tuned to peaq’s socials, something very cool is in the works.
  

That’s not it, of course — future updates will expand peaq portal’s functionality even further, solidifying its role as your gateway into the Machine Economy.

You can start using peaq portal here.

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peaq SDK: building blocks for your DePIN

peaq’s software development kit, or SDK, is a collection of pre-packaged software components enabling you to integrate its key Modular DePIN Functions into your DePIN with just a few lines of code, all in the comfort of Javascript-like Solidity, Web3’s most popular coding language. Read the dedicated blog post to learn more about the peaq SDK or check out the documentation for a more developer-focused breakdown of peaq SDK’s capabilities.   

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peaq's Sandboxes

Sandboxes are a fancy word for ‘a place to test’. They provide a safe space where ideas can be tested, tweaked, and perfected without any real-world repercussions. As Web3 ventures deeper into the real world, ensuring the reliability and robustness of systems becomes paramount. Human lives, after all, hinge not just on the integrity of funds but on the flawless functioning of these systems. Here’s what peaq has on offer to make sure innovation is as safe as it is groundbreaking — and to take a peek into the future:

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krest

With a live-fast-die-young spirit, krest is a production-grade network for DePINs to do DePIN-dry-runs, a network for beta-DePINs, and for peaq’s own testing ahead of mainnet updates. 

krest enables the peaq community to develop and test DePINs, decentralized applications, and various layer-2 tools in a real environment by simulating the behavior of all kinds of machines, vehicles, robots, and devices before they go live on the peaq mainnet. 

The krest network is live, making it the world’s first and only Economy of Things simulation network, and the world’s first and only production blockchain for DePIN testing, or ‘beta-DePINs’.

You can read more about krest on its webpage, here. We’re also exploring more sandbox options, more on this in the coming months.

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peaq's Integrations

peaq’s vast array of integrations grants builders additional tools they need to set the core functions and architecture of their DePINs — or expand their capabilities. These integration reduce the amount of time builders need to develop and deploy and help them scale faster, eliminating another major pain point for any team working on a DePIN.

Some of the notable integrations that builders are already leveraging include:

• DappLooker is a multi-chain analytics and visualization platform for Web3 projects which brings more transparency into the peaq ecosystem. With DappLooker, both builders and the community get a bird’s eye view of the network, getting a breakdown of all of its key stats, such as the number of machines are linked with DePINs on peaq, the total number of transactions, the DePIN count on peaq, and more.  
• Staex is a secure public network for Internet of Things (IoT) devices providing a connectivity layer for DePINs building on peaq. By integrating Staex, DePIN builders will have an easier time enabling devices across their networks to communicate and exchange services between one another.
• Synternet enables builders to access live data from peaq by subscribing to the network’s feed on its platform. With Synternet, builders can also set up custom filters for the feed, making sure they only get the data they need, which enables them to build event-driven apps for the Economy of Things. 
• LayerZero connects peaq with liquidity and data from over 90 blockchains. This unlocks boundless possibilities for DePINs on peaq, makes it easier for projects to migrate to peaq from other blockchains, and enables a variety of future integrations.
• Stargate, the first fully-composable native asset bridge on LayerZero, connects peaq to 23 chains, including Ethereum, Polygon, BNB Chain, and others. Through Stargate’s Hydra deployment, users can bridge unlimited liquidity from any supported chain securely, quickly, and at zero cost — without any slippage or fees.
• Particle Network’s Wallet Abstraction solution not only lets developers embed non-custodial wallets right into their dApp’s interface, but also allows users to access dApps through existing email or social accounts. This type of abstraction makes it easier for builders to onboard Web2 users to their dApps and DePINs.
• USDC is available on peaq via Circle’s bridged standard. As one of the most popular stablecoins in the world with a market cap of over $36 billion, USDC serves as a crucial liquidity medium, providing a major boost to Machine DeFi on peaq.

Check out the full list of the integrations on the Ecosystem page and stay tuned to peaq’s socials to keep up to date as more and more exciting projects join the peaqosystem to outfit the builders with every tool they need to succeed.

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peaq's Interoperability

In this section we’ll dive into peaq’s multichain approach and explore machine composability – what it is and how it drives network effects for DePINs on peaq. 

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peaq's Multichain Vision

Interoperability is key in Web3. The ability to interact and transact borderless, openly, and without walls is what Web3 is all about. To live up to its true potential, Web3 has to give up the one-chain-to-rule-them-all mentality. Instead of taking a Web2 approach and walling up their native ecosystem, layer-1 blockchains must strive to link with as many peers as possible. This would result in one open, seamless Web3 brimming with innovation, value, and opportunity for all. peaq’s push for a Web3 Machine Economy is rooted in this vision, which impacts its core architecture and integrations. We’ve written a whole blog on that if you’re interested.

peaq integrates seamlessly with the leading multi-chain networks, as well as some of the world’s most popular general-purpose layer-1s. When you build on peaq, you build for all of Web3 — important when you’re trying to reach as many people and machines as possible. 

Ethereum – EVM Compatible
EVM compatibility: peaq supports EVM and thus lets you leverage all the opportunities the Ethereum ecosystem offers. Read more.

Polkadot
Any DePIN/dApp on peaq is natively interoperable with the Polkadot ecosystem via Cross-Consensus Message Format (XCM). Read more.

Cosmos
Exchange data and establish cross-chain identities with Fetch.ai AI agents in the Cosmos ecosystem, fostering a truly interconnected ecosystem.

‍Binance
peaq's Multi-Chain Machine IDs are now natively compatible with Binance's BNB Chain. Read more.

Solana
Leverage cross-chain identities with Solana with peaq IDs, enjoying their unmatched versatility as an identity management tool. Read more.

And more in the works.

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Machine Composability

In software development, ‘composability’ refers to the ability to freely combine applications and their components to create new products. Web3 takes this notion to its extremes because of its open-source nature. Anyone is free to pick up an open-source application or its components and use it to create something new.

At peaq, we’re taking the concept of composability even further by applying it to the connected machines, vehicles, robots, and devices you see in DePINs.

Machine Composability refers to machines being able to operate and transact across multiple apps (dApps/DePINs) seamlessly, facilitating the exchange of different services, resources, and information in a decentralized ecosystem.

Long story short: this is all about the ease with which machines can offer their services via different DePINs, and DePINs can collaborate with one another, boosting both their own growth and growth of the entire ecosystem. On peaq, DePINs can leverage each other's strengths, share resources, and co-create solutions that are greater than the sum of their parts.

peaq coined the term, was built with it in mind, and has a whole piece dedicated to it, here, in case you’d like to dive in deeper.

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Ecosystem & People

In this section we’ll have a look at peaq’s ecosystem of DePINs, enterprises, and developers, as well as peaq’s DePIN grant program, accelerator, and funding opportunities for DePINs

A thriving layer-1 is a trusty backbone for its ecosystem, a vibrant tapestry of projects, innovations, and collaborations. If a layer-1 provides the core baseline functionality for DePINs, its ecosystem works as a power multiplier by enabling synergistic growth and collaborations.

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DePIN Ecosystem on peaq

peaq is home to the largest number of DePINs across all layer-1 blockchains. The vast array of projects building on the network focus on a diverse set of more than a dozen of industry verticals, including:

• Energy
• AI
• Environment
• Agriculture
• Cybersecurity
• Navigation
• Robotics
• Mobility
• Food & Beverages
• Telecoms / Connectivity
• Gaming
• Weather
• Smart Home
• Delivery
• Compute
• Data Storage
• Privacy
• Health
• Cloud
• Fashion
• Aviation

On the Ecosystem page, you can find the full up-to-date list of the projects currently building their DePINs on the network and explore the peaqosystem in all of its diversity. Needless to say, such an abundance of projects is in itself a powerful edge as a layer-1 for DePIN. It unifies hundreds of thousands of people who are already into DePIN, and are thus quite eager to join new projects as they launch on peaq, and hundreds of thousands of devices that new DePINs can leverage as part of their own connected hardware pools.

Even more importantly, though, the peaqosystem is inherently synergistic, enabling impactful collaborations between DePINs. On peaq, DePINs can leverage other DePINs to further decentralize their business models or introduce their communities to one another, growing stronger together. As an example of that, XMAQUINA announced a partnership with Farmsent, enabling it to buy fair-trade coffee with blockchain passports for its robo-cafes. Farmsent is also partnering up with Chirp Network to leverage it as the connectivity layer for its agriculture-focused DePIN. More projects are looking into prospective joint initiatives, spurring up the momentum for the entire ecosystem as they build and grow themselves.         

The ecosystem grows smarter and more versatile with every DePIN joining in, and it only makes sense to explore such prospective synergies and opportunities. peaq is actively encouraging DePINs to explore such synergies and make use of the opportunities that come with them so that the rising tide can lift all boats together. 

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Enterprise Ecosystem on peaq: the demand side of DePINs

As a DePIN builder, you understand that while the blockchain provides the foundation, it's the real-world infrastructure that breathes life into it. The success of a DePIN hinges not just on innovative coding but on seamless integration with physical infrastructure. 

Manufacturers, with their vast expertise in producing machines and devices, stand as invaluable partners in this journey. The relationship between DePIN builders and manufacturers is inherently symbiotic. For DePINs, collaborations with manufacturers can ensure a smoother, faster adoption curve, with real-world applications becoming more accessible and efficient. 

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Conversely, manufacturers benefit from a new avenue to optimize and monetize their products, ensuring they remain at the forefront of technological innovation. This relationship paves the way for a decentralized future where machinery and DePIN logic intertwine seamlessly.

Beyond machine manufacturers, a solid enterprise network is also crucial for data-focused DePINs looking to build their demand side, a critical component of their economic model. A DePIN for collecting weather data needs someone to sell it to, from research institutions to weather apps, for example. With this in mind, building in a DePIN-focused ecosystem can provide a critical edge — and peaq has just the right street cred. Building on peaq grants you access to a wide array of DePIN-relevant verticals.

peaq recognizes and champions these synergies. By providing the opportunities to collaborate and integrate, peaq aspires to be the catalyst that accelerates the fusion of the innovators, old and new, in the Machine Economy. Collaborations with industry-leading consortia, such as the EU-funded Gaia-X consortium, and partnerships with world-leading manufacturers like Bosch, underscore peaq's commitment to co-creating the future of industries like smart mobility, energy, and connectivity. Rest assured — more are in the works.

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peaq's DePIN Grant Program, Support & Funding

The Peaq Foundation supports teams building DePINs on peaq with grants adding up to $100,000. Besides the funding, the program can include help with development from the team building peaq and introductions to major Web3 investors, top industry consortia, and leading enterprises. To date, more than 45 projects have enrolled in the program, and many more are under review by the Grant Committee, which includes representatives of top Web3 investors. 

A new and updated version of the DePIN Grant Program recently launched. Its design recognizes a simple and important truth: DePINs are an emerging space within an emerging space. DePINs focus on different industries and markets, all are at their respective stages, and their needs are as diverse as the peaqosystem itself. A simple grant in tokens just doesn’t cut it. So the second iteration of the DePIN Grant Program is modular, meaning that projects can pick what specific support they would like to receive at any given point in time. 

Besides token grants, peaq has built up a network of partnerships that allows it to support projects in a variety of ways throughout every phase of their lifecycle. These include (but are not be limited to) branding, marketing, strategic partnerships, fundraising opportunities, and tokenomics strategies. Check out this video showcasing Silencio, the DePIN collecting noise pollution data — it garnered hundreds of thousands of views on peaq’s Twitter:

In short, in its new iteration, peaq’s grant program is more akin to a full-fledged incubator, giving DePINs everything they need to scale and succeed — and further establishing peaq as the home of DePIN. Check out the program’s page and apply now while you’re at it, that DePIN you’re dreaming of ain’t gonna build itself. 

For more documentaries about DePINs building on peaq, check out this YouTube playlist.

peaq's Accelerator: DePIN Base Camp with Outlier Ventures

Together with Outlier Ventures, peaq is running DePIN Base Camp — a 12-week online accelerator program equipping DePINs with everything they need to succeed. That includes mentorship, advisory sessions, networking opportunities, as well as investment of up to $200,000. 

As part of the accelerator, the founding team behind peaq, who were working on DePINs long before the sector even got its name, is providing guidance on all aspects of building and scaling such projects. The participants can get a taste of peaq’s layer-1 blockchain network and its Modular DePIN Functions for their projects and leverage krest as the production-grade testing ground for their DePINs.

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Developer Base 

How many people are building in an ecosystem, and what programming language are they building in? These aren’t trivial questions: A bustling developer community means potential for growth and synergies, as well as a vast talent pool to tap into, and the popularity of the languages used defines the entry barrier for non-Web3 developers. Here’s how peaq fares:

Maximum Developer Friendliness

peaq caters to  Ethereum Virtual Machine (EVM) and Substrate developers, two of the most popular Web3 developer ecosystems featuring the first AND second most active developer communities. Read more.

peaq supports ink! & EVM Smart Contracts and Pallets

Build with flexibility and convenience, using Rust for Pallets or ink! Smart Contracts or Solidity to create EVM-compatible smart contracts. Read more.

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peaq Community 

For a prospective DePIN builder, the community represents a wellspring of potential collaborators, advocates, and, most crucially, users. With a DePIN-specific layer-1 like peaq, you're not just entering a network; you're joining a collective of individuals who inherently understand the nuances of what you're building. They grasp the challenges, appreciate the innovations, and resonate with the vision.

Being part of such a specialized community means that the barriers to adoption are significantly lowered. The people who form the bedrock of peaq's community, as well as those engaged in projects already flourishing on the platform, are primed to become your early adopters and most vocal champions. The culture of prioritizing real-world impact, the focus on value, and the support that they all share will help you grow, scale, and spread the word across channels and ecosystems. We’re building a community of DePIN aficionados, eager to explore DePINs building on peaq and even kick start the adoption flywheel for young DePINs.

For those ready to immerse themselves in peaq’s dynamic community and tap into its vast potential, you can connect and engage with the passionate members through peaq's community channels. Join the conversation, share your vision, and let the collective energy of peaq's community and fellow builders propel your DePIN to new heights.

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Shared Vision, Mission & Culture

DePIN builders — is the long-term vision of the chain you’re building on in tune with yours? How much, or how little? 

This is no trivial question: The closer your vision and mission align with that of the chain you’re building on, the more synergies, opportunities, and symbiosis you can expect with the chain and its ecosystem in the short term, but especially in the long term. The inverse, of course, is also true. 

peaq is a specific-purpose layer-1 blockchain with a very specific vision of the future: A world where automation works for the many, not the few, and we all get to own our devices and earn from them via Web3. 

Everything about peaq is focused on being the best possible blockchain for real-world applications — from its fundamentals to its functions, tools, interfaces, economics, incentivise mechanisms, communications, community, enterprise collaboration, partners, integrations — all the way back to the reason it exists in the first place. To spare you a written ode to that, here is a video summing up the vision behind peaq:

And here is the peaq vision deck. 

DePIN was always peaq’s raison d’être, even before the sector got its name, and this won’t change. Whether it’s the bulls or the bears running the market, peaq’s focus will always be crystal-clear: on powering anything and everything real-world. Its core values and the values and culture of the team and community building it are as true to the Web3 ethos as it gets — giving the power over our devices back to the people, not Web2 middlemen — and it will always stand resolute in its push to spearhead the DePIN revolution as it transforms the very fundamentals of how we run the infrastructure that makes the world tick.

So there you have it. peaq: the Layer-1 blockchain purposely built to power DePINs.

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Start building today

• Be the change you want to see in the world – start building on peaq today, check out peaq’s build page, or get your idea funded.‍
• Build peaq. Join the community.
• Share this with someone building a DePIN that you want to see on peaq.