peaq is a multi-chain layer one blockchain purposely built and optimized for DePIN and Machine RWA. The network is capable of scaling beyond 100,000 transactions per second (TPS) (pending upgrade) while maintaining a minimum transaction cost of approximately $0.00025. peaq leverages the most environmentally friendly blockchain architecture available and the second-largest developer ecosystem in Web3.
The project has successfully raised from reputable investors, including Animoca Brands, Spartan Group, Fundamental Labs, Borderless Capital, TRGC, and many others.
peaq Overview
Token Symbol
PEAQ
Sector
Blockchain Infrastructure
Launch Date
2017
Issuing Chain
Ethereum
Whitelist
No
Type
ICO
Related Links
Security Audit
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peaq Tokenomics
Total Raised
$24.040M
Total Supply
4200000000
Private/Presale
$1.428B
Public Sale
$252.000M
Fully Diluted Valuation (FDV)
$333.333M
Initial Circulating Supply
10.488M
Distribution Mechanism
Community & Ecosystem (Launchpad / Community Offering) 6%
Community & Ecosystem (Community Campaigns) 15%
Community & Ecosystem (Ecosystem & Treasury) 20%
Funding (Early Backers) 12%
Funding (Private Backers) 22%
Team (Core Contributors) 12%
Team (EoT Labs) 9%
Network Security 5%
peaq Token Sales (ICO & IDO) Rounds
Seed
2021-06
Ongoing
Price
--
Tokens Sold
$0
Increase
$2.500M
Locked
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Launch Sector
--
Source
--
Private
2022-06
Ongoing
Price
$0.011905
Tokens Sold
$504.000M
Increase
$6.000M
Locked
5% on TGE, 6 months cliff, 5%, then 24 months vesting
Launch Sector
--
Source
--
Private
2024-03
Ongoing
Price
$0.016234
Tokens Sold
$924.000M
Increase
$15.000M
Locked
7.5% on TGE, 6 months cliff, 7.5%, then 18 months vesting