Announcing the PEAQ Token Launch on CoinList
Pythagoras, the ancient Greek mathematician, believed that 10 was the perfect number and the answer to understanding reality. Today, we are excited to announce our 10th Token Launch of the year — PEAQ, the native utility token of the peaq network.
peaq is a multi-chain layer one blockchain purposely built and optimized for DePIN and Machine RWA. With peaq, developers gain flexibility and access to a range of backend functionalities for DePINs and dApps, such as self-sovereign Machine IDs and role-based access control. The platform's multi-chain capabilities facilitate seamless interaction with other networks, rendering it an ideal choice for any DePIN project.
The purchase period begins on May 9, 2024 at 17:00 UTC and ends on May 16, at 17:00 UTC. The launch has one public option:
- Supply: 252,000,000 tokens (6% of the total supply, see breakdown below)
- Price: $0.079274
- Lockup & Release: 15% unlock at TGE, expected around mid-June 2024, with a 6-month linear release
- Initial Purchase Limits: $100.00 minimum, $2,500,000.00 maximum (see notes below, USDT/USDC only)
Please note:
- Out of the 6% of total token supply offered in this launch, 1.5% of the total token supply will be allocated to peaq’s community whitelist. The remaining 4.5% of the total token supply is open to all participants.
- Participants who commit $50,000 or more will qualify as “Whales” and automatically receive token allocation from the Whales category pro-rata. The whales allocation is capped at 0.5% of total token supply.
- Any unfilled allocations from the whitelist category will be added to the Whale category. Any unfilled allocations from the Whale category will be allocated to the remaining 4% set aside for the general userbase.
- Once you submit a purchase request, a hold will be placed on your funds. At the end of the 7 day purchase period, successful purchase requests will be selected at random. Users who are not selected to receive an allocation will receive the funds back in their CoinList wallet within 48 hours of the purchase period. See FAQ for more details »
Join the peaq community:
- Website: https://www.peaq.network/
- Telegram: https://t.me/peaqcommunity
- X: https://twitter.com/peaqnetwork
- Blog: https://www.peaq.network/blog
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