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peaq - Seed
Overview
Funding Date
June 9, 2021
Financing amount
$2.5M
Valuation
--
Catagory
Subcategory
About peaq - Seed
Investors
Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
---|---|---|---|---|---|---|
Angel Investor | United States of America | -- | 1 | -- | ||
Fund | Germany | 1880 | 1 | -- | ||
Fund | -- | -- | 1 | -- |
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!