Peaq Network ($PEAQ) is a very exciting project that is building the DePIN infrastructure for mobility, connectivity, energy and more. The Peaq Network Layer 1 blockchain has been purpose built to be the leading global decentralized home of DePIN.
Peaq has a nakamoto coefficient (decentralization metric) of over 90, the highest among L0 and L1 blockchains (MINA=156, DOT=89, APTOS, AVAX=21, SOL=19, ETH=1), and aims to use elastic scaling and agile core time concepts borrowed from Polkadot to scale past 100k transactions per second.
It will also feature ready-to-use modular functionality to power and tokenize vehicles, robots, and devices on DePIN.
The vision, team, community, grant program and growth plan are all top-notch. The realization of potential use cases is reflected well through the constant stream of announcements of new partnerships and integrations. See this for yourself on their YT channel, a fine example of Peaq’s comprehensive communication and socials:
https://youtube.com/@peaqnetwork?si=Vj6tb9lS1Vtjw3pr
This is a 5-star project, and the token has not launched yet. And DePIN-Kawin is going to try to spin up a node as soon as possible and become part of the Peaqosystem ❤️
A publication as of April 2024 can be found here:
https://docsend.com/view/nkg4gxuta5wn2th6
References: https://nakaflow.io/ https://wiki.polkadot.network/docs/learn-elastic-scaling https://phyken.medium.com/polkadot-introducing-agile-coretime-82549186921a Show Less
