peaq Unveils Get Real WEB3 First Real-World-Focused Campaign
The post peaq Unveils Get Real WEB3 First Real-World-Focused Campaign appeared on BitcoinEthereumNews.com.
Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. By allocating 5% of its initial total supply, peaq, the layer-1 for DePIN and the Machine Economy, invites the Web3 community to join a one-in-a-lifetime campaign. With a total reward pool of 210,000,000 $PEAQ (about $100,000,000 as counted based on peaq’s 2-month closing average for December and January), Get Real will see people get tokens and more as they make a real-world impact. What is DePIN? DePIN, which stands for Decentralized Physical Infrastructure Networks, are blockchain-powered systems that combine physical assets to decentralize or distribute their ownership. Unlike centralized systems, where entities like governments and large corporations control the infrastructure, DePIN empowers community-enabled operations. It achieves this by embracing blockchain and using smart contracts to manage the interactions between the supply side (devices owned by regular people) and the demand side. Users or participants contribute their resources, such as bandwidth, energy, and storage, and earn rewards for letting others use these resources. Besides powering the reward — and, thus, incentivization — mechanism, a DePIN token can also have additional utilities, such as being used for payments on the DePIN or for governance. DePIN is a game changer because it offers greater transparency, security, and scalability, all with lower costs and downtime. peaq: The Home of DePIN peaq is designed and developed to be the go-to layer-1 blockchain for the Machine Economy, with DePINs as its crucial building blocks. It leads a global paradigm shift in connected infrastructure, enabling users to truly own and earn from their devices and participate in real-world industries, including energy, mobility, and connectivity. Currently, peaq is home…
Filed under: News - @ February 7, 2025 3:26 pm