• TEXT= DATE: 25.07.2024 EVENT TITLE  |  SUBJECT  |  INFO
  • TIMER= 25.07.2024
  • BUTTON= FIND OUT MORE
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
  • ethereumEthereum (ETH) $ 2,365.53 1.12%
  • tetherTether (USDT) $ 1.00 0.2%
  • bnbBNB (BNB) $ 302.66 0.19%
  • solanaSolana (SOL) $ 95.44 1.28%
  • xrpXRP (XRP) $ 0.501444 0.1%
  • usd-coinUSDC (USDC) $ 0.996294 0.34%
  • staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
  • cardanoCardano (ADA) $ 0.481226 2.68%
  • avalanche-2Avalanche (AVAX) $ 34.37 1.19%
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
    ethereumEthereum (ETH) $ 2,365.53 1.12%
    tetherTether (USDT) $ 1.00 0.2%
    bnbBNB (BNB) $ 302.66 0.19%
    solanaSolana (SOL) $ 95.44 1.28%
    xrpXRP (XRP) $ 0.501444 0.1%
    usd-coinUSDC (USDC) $ 0.996294 0.34%
    staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
    cardanoCardano (ADA) $ 0.481226 2.68%
    avalanche-2Avalanche (AVAX) $ 34.37 1.19%
image-alt-13BTC Dominance: 51.25%
image-alt-14 ETH Dominance: 16.27%
image-alt-15 BTC/ETH Ratio: 13%
image-alt-16 Total Market Cap 24h: $1.65T
image-alt-17Volume 24h: $42.89B
image-alt-18 ETH Gas Price: 26 Gwei
 

Layer-1 Blockchain Peaq Raises $15M to Expand Its DePIN Ecosystem

Crypto market data provider Messari estimates that decentralized physical infrastructure networks could have a...
Firefly A Bag With Dollars Brought On The Stage 88909

Layer-1 blockchain Peaq

said it raised $15 million in funding to expand its ecosystem of decentralized physical infrastructure (DePIN) networks.

The funding round, led by Generative Ventures and Bordless Capital and featuring participation from Spartan Group, CMCC Global and Animoca Brands, comes ahead of the blockchain’s mainnet launch and listing of the PEAQ token.

DePIN refers to using blockchain technology and token incentives to build physical infrastructure networks so other projects don’t need to buy and run their own equipment. In other words, DePIN is a decentralized version of Amazon Web Services (AWS) or Google Cloud.

Peaq currently hosts more than 20 DePIN networks, according to a Wednesday email statement.
Crypto market data provider Messari estimates that DePIN could have a market value of $3.5 trillion by 2028.

 

MORE FROM SPONSORED

 

UPCOMING EVENTS

Days
Hr
Min
Sec
 

Latest Iron Podcast episode