🚀Notable project $PEAQ This is a project I hinted at before but was only available for sale on Coinlist. It is now about to launch on DEX exchanges, so I will review the project’s PTCB + tokenomics again. 🔥 Basics: Layer-1 Blockchain for DePIN + RWA established in 2020. Peaq Network is a blockchain built and optimized specifically for DePIN and Machine RWA. Peaq can process over 100,000 transactions per second (TPS), making it an ideal platform for high-speed DePIN and RWA applications. 👉 The blockchain has seamless interoperability with Polkadot, cross-chain ID with Cosmos, Solana, and Binance, as well as connectivity with Ethereum. The network is also EVM compatible and connected to over 30 blockchains through Wormhole. 👉 Supporting Machine RWA: @peaq provides the necessary tools and services to tokenize Machine RWA, opening up a range of new use cases for blockchain. This could attract capital from traditional markets into the cryptocurrency market. For this narrative, Peaq has just expanded into Q4 2023, whereas previously it was purely a DePIN project. 🔥 Achievements 🔥 Peaq's ecosystem: For the traditional market, there are major brands in the automotive industry such as BOSCH (a group focused on designing and manufacturing industrial equipment like machinery), TESLA, JAGUAR, Audi (three well-known car brands today), DENSO (a group producing automotive components), SONY (a group focused on electronic devices and appliances). In the cryptocurrency market, there is the presence of (currently leading AI trend project), Ocean, and support on major blockchains like Ethereum, Binance Smart Chain, Solana, Cosmos, Polkadot. 👉 Peaq, Bosch, and introduce a smart device leveraging Web3 and AI technology Bosch XDK with the integration of 8 major sensors such as: Magnetometer, to measure magnetic fields, measure angular velocity, Accelerometer, sound/humidity/temperature/pressure/light sensors,... 👉 With this device, users can search for data related to the sensors above and then sell it to AI agents to serve the setup of various sensors. => Instead of searching for data alone, letting the community search will be more effective. *Current automotive systems all use sensor control signals. 🔥 The project has $800M TVL of DePIN devices on the platform. 🔥 Over 1.75M machines, vehicles, robots, devices,... 🔥 More than 50 DEPINs are being built on the platform. 🔥 21 industries are being formed on Peaq. 👉 It can be seen that Peaq is doing very well in terms of product and providing practical applications in the DEPIN sector. 🔥 Fundraising + Tokenomics: not really attractive. Some weaknesses: too many VCs, investors, short lock-up period of only 6 months. 👉 Total fundraising: 43.48M (of which 20M is ICO on Coinlist). 👉 Funds: tier 1 includes Haskey, Spartan Group, and other funds like Animoca, DWF, GSR,... Total supply: 4,200,000,000 Code: $PEAQ Market cap before listing: About $10M (based on Coinlist price). Allocation and vesting ratio (details as shown): 👉 Notable: Early backer + Private round accounts for 34% (at TGE unlock 12.5% launch on 12/11, 6-month lock-up and vesting over 18-24 months). Community & ecosystem accounts for 6% (at TGE unlock 15%, no lock-up, vesting over 6 months). 🔥 Launch: on 12/11, the project will be listed on MEXC, Bitget, Kucoin, BingX, CoinW,... I am still waiting for listings on other exchanges like Bybit, OKX. 🔥 Comments: The project works on both DEPIN + RWAs but DEPIN is more prominent, with real-life applications + large and small customers -> the PTCB is good, no doubt, but regarding tokenomics and fundraising, there are too many VCs and a short lock-up period. To invest, one must observe the price movement at listing and how MM acts at that time to decide whether to invest or not. p/s: One note is that the token $KREST I see is distributed chaotically, although it is used as a token in HST for testnet and staking to receive airdrop $PEAQ -> I have a not-so-good impression on this.