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October Peaq Review: Pre-Launch Milestones, Over 1.75M Devices, DePIN Growth, and More

11/2/24

By:

Arjun Mehta

October Peaq Review: Pre-Launch Milestones, Over 1.75M Devices, DePIN Growth, and More

October Peaq Review: Pre-Launch Milestones, Over 1.75M Devices, DePIN Growth, and More

Launch Date Officially Announced

October saw the much-anticipated announcement of Peaq’s official launch date. This critical milestone has set the stage for Peaq’s entry into the ecosystem, generating excitement among developers and stakeholders alike.


Peaqosystem Exceeds 1.75M Devices

The Peaq network hit an impressive benchmark this month, surpassing 1.75 million active devices in its ecosystem, known as the "Peaqosystem." This substantial growth highlights Peaq’s increasing influence in the decentralized physical infrastructure space.


Expanding Network of DePINs

The number of Decentralized Physical Infrastructure Networks (DePINs) on Peaq has now grown to 39, marking a steady rise in adoption and use cases. This expansion reflects Peaq’s focus on fostering an ecosystem of diverse, innovative DePIN projects.


Developer Portal Launches for Enhanced Support

The Peaq Developer Portal went live this month, aiming to provide developers with comprehensive resources, tools, and documentation. This portal supports current and future developers in efficiently building on the Peaq network, ensuring smooth onboarding and fostering community growth.


Kiln and Twinstake to Operate Genesis Nodes
Kiln and Twinstake, two prominent names in the blockchain industry, have announced plans to run Peaq genesis nodes. Their involvement reinforces the Peaq network’s credibility and highlights a commitment to security and scalability for Peaq’s future.


Peaq Integration with TokenPocket Wallet
TokenPocket, a multi-chain wallet, has added support for Peaq, allowing users to store, send, and receive Peaq tokens easily. This addition expands access and usability for Peaq token holders across various platforms, strengthening Peaq’s user accessibility.


Final Thoughts
October has been a landmark month for Peaq, solidifying its foundation and building momentum for its launch. From a rapidly growing device network to valuable partnerships and expanded wallet support, Peaq is well-positioned to deliver on its vision of a decentralized future.

#PeaqNetwork #BlockchainGrowth #DePINInnovation #DecentralizedFuture #DePINWorld

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