PEAQ is a Layer 1 blockchain built specifically as the foundational infrastructure layer for DePIN (Decentralized Physical Infrastructure Networks) — the blockchain vertical connecting physical devices, machines, and real-world infrastructure to decentralized economies.
The DePIN Layer 1 Thesis
Most DePIN projects build their own token incentive layer on top of general-purpose blockchains like Solana or Ethereum. PEAQ argues that physical infrastructure needs purpose-built primitives:
- Machine IDs: Unique, sovereign identities for any connected device
- Machine NFTs: On-chain ownership representation of physical assets
- Role-Based Access Control: Permissioned interaction between machines and humans
- Multi-Token Economy Support: Allow DePIN projects to operate native tokens on PEAQ
PEAQ is the chain; DePIN projects are the tenants.
DePIN Projects on PEAQ
PEAQ hosts numerous DePIN projects spanning:
| Category | Examples |
|---|---|
| EVs & mobility | ELOOP (car sharing), ECO (e-bikes) |
| Energy | Silencio (noise data), Daylight (solar) |
| Connectivity | Nowi, Sparklo |
| Robotics | Mobi, Dozer |
PEAQ Token
The PEAQ token is used for:
- Gas fees on the network
- Staking and validator participation
- Governance over network parameters
- Incentivizing DePIN infrastructure operators
Sources
- PEAQ documentation: docs.peaq.network
- CoinGecko: PEAQ price and market data
- DePIN ecosystem directory: depinhub.io