Layer1 blockchain Peaq will launch PEAQ tokens on CoinList from May 9 to May 16

On May 8th, Peaq, a Layer1 blockchain for DePIN and machine RWA, announced that its native PEAQ token will be launched on CoinList from May 9th to May 16th. More details will be announced soon. Users from the United States, Canada, China, South Korea, and a series of other jurisdictions will not be able to participate. At the time of this token launch, Peaq is preparing for its mainnet launch.

In March, Peaq completed a $15 million financing round, led by Generative Ventures and Borderless Capital, with participation from Animoca Brands. It is reported that Peaq currently hosts more than 20 DePIN networks. DePIN networks use blockchain technology and token incentives to establish physical infrastructure networks, allowing other projects to not purchase and operate their own equipment.