Peaq is a layer-1 blockchain tailored for the Economy of Things (EoT), focusing on decentralized physical infrastructure networks (DePIN). It addresses the problem of siloed IoT ecosystems and inefficient resource sharing by enabling devices, vehicles, and machines to autonomously interact, monetize data, and provide services. Built on Polkadot’s interoperable framework, Peaq uses a multi-chain architecture to ensure scalability and security. Its native token, PEAQ, powers transactions and incentivizes network participation. With applications in mobility, energy, and logistics, Peaq’s real-world asset tokenization and partnerships with industry leaders make it a promising altcoin for IoT-driven innovation.