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peaq - ICO
Overview
Funding Date
May 17, 2024
Financing amount
$20M
Valuation
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Catagory
Subcategory
About peaq - ICO
peaq has successfully raised $20 million through CoinList. The fundraising event attracted over 14,500 community members who contributed more than $36 million, oversubscribing the token issuance on CoinList. This makes it the largest fundraising event and the highest donation amount on CoinList in over two years.
Founders & Team
Julia Pönitzsch
Leonard Dorlöchter
Max Thake
Pavel Fomenko
Till Wendler
Company Profile / Project Introduction
peaq is a Layer 1 blockchain designed specifically for Decentralized Physical Infrastructure Networks (DePIN). It offers scalability beyond 10,000 TPS (Transactions Per Second) at a minimal cost of approximately $0.00025 per transaction. peaq utilizes an environmentally friendly architecture and leverages the Ethereum and Polkadot ecosystems. It supports EVM (Ethereum Virtual Machine) and ink!