Peaq, the Layer-1 blockchain project, secured $15 million in pre-launch funding, led by Generative Ventures and Borderless Capital. This thrilling development catapults Peaq’s vision for decentralized physical infrastructure networks (DePINs) into the stratosphere, attracting a plethora of prominent investors eager to support its ambitious journey.
Generative Ventures and Bordless Capital are spearheading a funding round, joined by Spartan Group, CMCC Global, and Animoca Brands, in anticipation of the blockchain’s mainnet launch and PEAQ token listing.
Already boasting a vibrant ecosystem housing over 20 live DePIN projects spanning diverse industries from environmental monitoring to shared transportation, Peaq is undeniably ahead of the curve.
Surpassing the DePIN count on major alternative layer-1 networks like Solana and Polygon, Peaq is poised to revolutionize the very fabric of our connected world. Lex Sokolin, Managing Partner at Generative Ventures, hailed Peaq’s efforts, emphasizing the transformative potential of their Economy of Things concept.
Already making waves with live demos alongside industry giants like Bosch, Airbus, and Continental, Peaq’s imminent mainnet launch promises even greater accessibility and inclusivity for its burgeoning community.
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