peaq ( PEAQ)

What Is Peaq?

peaq enables people to build decentralized applications (dApps) for vehicles, robots and devices, while empowering dApp builders and dApp users to govern and earn from machines providing goods and services to people and other machines.

Peaq Unique Features

Self-Sovereign Identities for Machines

Use the peaq ID function to assign machines, vehicles, robots and devices their own Self-Sovereign Identities.

Access & Payment Functions

Use the peaq access function to enable machines to freely interact with their environments. peaq pay is coming soon.

Polkadot’s Machine Economy Hub

peaq is bringing millions of machines to the Polkadot ecosystem as independent economic actors, along with $billions in associated liquidity.

Ethereum & Substrate Compatibility

Write smart contracts on peaq in either Solidity or Rust. peaq is built using Substrate and is EVM compatible.

Machine DeFi

Leverage Machine DeFi to stake your tokens and earn from machine use, while aligning the incentives of all stakeholders.

Machine NFTs

Providing NFT features linked to Machine Identities enabling people to earn and having an interest in using them.

Roadmap

PeaqToken Economy

• The $PEAQ token is much, much more than a means of payment. It enables every core function in the decentralized Economy of Things, including ownership of machines via NFTs and liquidity provision for DeFi mechanisms. It is the first token to power a machine economy that aligns the incentives of all network participants.

1) Machine DeFi

• Liquidity for Liquidity Pools must be provided in PEAQ
• Rewards to the community, machines, validators and nominators are handed out in PEAQ
• Liquidity Mining is performed using PEAQ

2) Machine NFTs

• Machine NFTs are LP tokens representing ownership of Liquidity Pools. Machine NFTs must be minted using PEAQ. Machine NFTs represent proxy partial ownership of machines and/or the machine economy and work to align all stakeholders.

3) Machine Economy Operations

• Transaction fees are paid in PEAQ
• Deployment of smart contracts is paid in PEAQ
• Network governance is performed using PEAQ
• Use of Web3 bridges is paid in PEAQ
• peaq network validators are rewarded in PEAQ

4) Machine Deployment

• The creation of new Machine Identities is paid for in PEAQ
• Subsidization for new devices/machines is received in PEAQ

Detailed Token Metrics

Total Supply: The total number of tokens is 4,200,000,000 tokens.

Token Distribution

TBA

Token Release Schedule

TBA

Partners & Advisors

Advisors

Team

Investors

Peaq received investment from Fundamental Labs, Kosmos, Meteoric, Wings Foundation, Signal Ventures, Urban Impact, Advanced Blockchain, Haskey Capital, Delta-v Capital, GSR, Cypher Capital, Ceras Ventures, GravityX capital, Moonrock Capital, Blockchain Alpha, Wami Capital, WaterDrip, XT.com. Master Ventures, CoinIX, Mulana Capital, YAP Capital.