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.