Polkadot (@Polkadot): 📢✨ Spotlight on peaq: Powering the Machine Economy

📢✨ Spotlight on peaq: Powering the Machine Economy @peaqnetwork is an L1 secured by Polkadot. It's leading the global infrastructure revolution as the home of DePIN, Machine RWA, and Machine DeFi. Here's everything you need to know about peaq 👇 → Designed as a layer-1 blockchain and go-to for building real-world apps (DePINs), such as energy, connectivity, mobility, and lots more. → Powers 50+ DePIN projects and 3M+ IoT devices across 21 industries such as energy and AI. → Partnerships enterprises such as Mastercard, Bosch, Lufthansa & Telekom. 👀 So, how does it work? peaq says goodbye to the middleman and goes back to P2P standards with Web3. The network allows for the building of community apps across every industry, serving as permissionless, borderless digital infrastructure — built and owned by the people 🤝 💭 Imagine food delivery without a middleman taking a cut. peaq hands control back to the people who do the work. 🔎 The focus? Decentralized Physical Infrastructure Networks (DePIN). DePIN combines blockchain with physical infrastructure to enable decentralized ownership and monetization of real-world networks. → With over 400,000 community members, peaq has already launched 50+ applications, reshaping the future of mobility, energy, connectivity, weather, AI and much more 💥 🛠️ Why build on Peaq? At the core, peaq is highly focused on one thing: DePIN. And enabling projects to build their real-world use cases in the Web3 world. Key focuses and features include: 🔹 Decentralization with a Nakamoto Coefficient of 130+ 🔹 Scalability that ensures apps can handle massive transaction volumes, supporting global-scale infrastructure networks. 🔹 Environmentally friendly by using the greenest blockchain (Polkadot). 🔹 Fast and reliable transactions. 🔹 Natively interoperable with Polkadot via XCM (Cross-Chain Messaging) and connects to 90+ blockchains. …And if you’re someone looking to get started: → Learn through their developer portal, and get access to SDKs, test tokens, and more. → Apply to their Grant Program for early-stage funding and ongoing support. 🌍 peaq officially launched in November, marking the start of a new era where communities worldwide unite to shape the future of DePIN applications. Key milestones include: 🔹 Community growth of +40% 🔹 Device growth of +76% 🔹 1B peaq tokens staked 🔹 Product launches 🔹 USDC on peaq ➡️ Follow @peaqnetwork on 𝕏 for more updates!