Peaq’s relationship to Polkadot explained.
Peaq 101: L1 built for DePINs, decentralized networks of cars, sensors, robots, energy grids. Simply machines that can own assets, earn money, and exchange data.
Key fact is that they didn’t launch as a standalone chain.
It became a Polkadot parachain.
That decision shaped the project:
> Security → Polkadot’s relay chain validators secure peaq, so it doesn’t need its own validator army.
> Interoperability → peaq-based DePINs can talk to other parachains via XCM.
> Scalability → Polkadot’s sharded design gives peaq the throughput for millions of IoT devices constantly pushing data.
The relationship goes deeper:
In 2023, peaq won its parachain slot through a community-backed crowdloan, where 200,000+ DOT holders locked tokens to secure peaq’s place. In return, they got PEAQ tokens, tying both economies together.
Cross-chain bridges to ETH, Cosmos, and SOL run with Polkadot as the hub, making peaq multichain by design.
Since mainnet launched in late 2024:
→ 50+ DePINs are live or in development
→ 1.2M devices are connected and transacting
→ Projects range from tokenized car-sharing (Eloop) to AI mapping with dashcams (Natix).
The collaboration is not one-sided. Peaq brings Polkadot something it needs: real-world adoption. Most other parachains are in DeFi or dev niches.
So the relationship is symbiotic.
Polkadot gives peaq the foundation
> security, scale, connectivity.
Peaq gives Polkadot proof that Web3 can run in the physical world.
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