peaq offers a blockchain‑based platform that tokenizes robots and IoT devices, giving each machine a trusted on‑chain identity and turning it into a liquid financial asset. The stack provides cross‑chain smart‑contract support, built‑in financing tools, and integrated data services so manufacturers and developers can automate transactions, revenue compounding, and data‑driven operations for autonomous machine‑economy applications.
Funding
$20M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Robotic and IoT devices currently operate without a unified financial and data infrastructure, making it difficult to treat them as tradable, investable assets or to integrate them into decentralized applications across multiple blockchains.
Solution
peaq provides a blockchain‑based stack that turns physical machines into autonomous economic actors. The platform tokenizes devices, assigns on‑chain identities, and enables them to conduct transactions, receive financing, and generate revenue autonomously. By offering cross‑chain compatibility, developers can build omnichain applications that interact with machines in real time. Integrated data services such as weather (SkyX), audio (Silencio), social (Teneo), and storage (DeNet) enrich machine operations and support decentralized finance (DeFi) and data‑in‑exchange models. The stack also includes tools for financing, asset management, and automated value compounding, allowing manufacturers and operators to monetize equipment throughout its lifecycle.
Target Audience
Primary customers are robotics manufacturers, IoT device providers, and developers building decentralized machine‑economy applications, as well as financial institutions seeking to offer on‑chain financing for physical assets.
Features
- On‑chain device identity and tokenization that represent each machine as a liquid financial asset
- Cross‑chain (omnichain) smart‑contract framework enabling machines to transact on any supported blockchain
- Built‑in financing modules that allow manufacturers to offer lease‑to‑own or revenue‑share arrangements directly on‑chain
- Automated revenue‑earning and compounding mechanisms so machines can reinvest earnings without manual intervention
- Integrated decentralized data layers (SkyX, Silencio, Teneo, DeNet) providing real‑time environmental, audio, social, and storage data to enhance machine intelligence
- Developer SDKs and APIs for rapid creation of machine‑economy applications and DePIN (Decentralized Physical Infrastructure Network) services