peaq’s DePIN platform has onboarded major European enterprises and research institutions to its genesis node pool, signaling a significant move in enterprise adoption of Web3 technologies. Noteworthy entities like Bertelsmann Investments, Deutsche Telekom, Lufthansa Innovation Hub, and the Technical University of Munich (TUM) have collectively joined with holdings exceeding $170 billion.

These additions to peaq’s ecosystem demonstrate a surge in interest in DePIN technologies that bridge real-world services with blockchain. By participating in the network’s genesis node pool, these organizations will play a vital role in securing the decentralized blockchain infrastructure, enhancing its stability and efficiency as it advances towards broader enterprise adoption.

peaq Growth and Development

The layer-1 blockchain platform has actively expanded its ecosystem and established partnerships to link Web3 with real-world applications.

In April 2023, peaq received significant migrations from decentralized mapping projects like MapMetrics and NATIX Network, migrating from Solana to peaq to leverage its DePIN-focused features and growing enterprise ecosystem.

peaq is gearing up for its mainnet launch between Sept. 22 and Sept. 30 after a successful pre-launch funding round and CoinList token launch. The platform’s focus on robust, scalable infrastructure for DePINs positions it as a key player in the emerging market projected to reach $3.5 trillion by 2028.

peaq Enterprise Adoption Program

peaq’s Enterprise Adoption program serves as a pilot initiative connecting DePIN projects with global businesses, fostering collaboration and offering funding opportunities. Leading corporations like Bertelsmann Investments, Deutsche Telekom, and Lufthansa have highlighted the potential of peaq’s DePIN-powered solutions in reshaping industries and operational practices.

The integration of major enterprises into peaq’s network may accelerate blockchain adoption across sectors, but success hinges on delivering scalable solutions that address real-world challenges while leveraging blockchain technology’s benefits.