DePIN protocol peaq gears up for mainnet launch as token offering ‘closing in by the day’

DePIN protocol peaq gears up for mainnet launch as token offering ‘closing in by the day’

Leonard Dorlochter, the co-founder of peaq, revealed that the layer-1 blockchain focused on decentralized physical infrastructure networks (DePINs) and Machine RWAs is gearing up for its mainnet launch and token offering in an exclusive statement to CryptoSlate.
“The mainnet launch will be a historic milestone for the project, the culmination of years’ worth of research and development, of collaborations with industry giants like Bosch.
Equally exciting is the fact that soon, we will begin to open peaq to the community through the upcoming token offering[…] these exciting events will take place over the next few weeks, they are closing in by the day.”
The announcement comes on the heels of peaq’s successful $15 million pre-launch funding round, led by Generative Ventures and Borderless Capital, with participation from a host of prominent Web3 investors. The substantial investment in peaq highlights the growing interest in the DePIN space, which Messari estimates could reach a

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