peaq Unveils Get Real WEB3 First Real-World-Focused Campaign

By allocating 5% of its initial total supply, peaq, the layer-1 for DePIN and the Machine Economy, invites the Web3 community to join a one-in-a-lifetime campaign. With a total reward pool of 210,000,000 $PEAQ (about $100,000,000 as counted based on peaq’s 2-month closing average for December and January), Get Real will see people get tokens and more as they make a real-world impact. 

What is DePIN?

DePIN, which stands for Decentralized Physical Infrastructure Networks, are blockchain-powered systems that combine physical assets to decentralize or distribute their ownership. Unlike centralized systems, where entities like governments and large corporations control the infrastructure, DePIN empowers community-enabled operations. 

It achieves this by embracing blockchain and using smart contracts to manage the interactions between the supply side (devices owned by regular people) and the demand side. Users or participants contribute their resources, such as bandwidth, energy, and storage, and earn rewards for letting others use these resources. 

Besides powering the reward — and, thus, incentivization — mechanism, a DePIN token can also have additional utilities, such as being used for payments on the DePIN or for governance. DePIN is a game changer because it offers greater transparency, security, and scalability, all with lower costs and downtime. 

peaq: The Home of DePIN

peaq is designed and developed to be the go-to layer-1 blockchain for the Machine Economy, with DePINs as its crucial building blocks.  

It leads a global paradigm shift in connected infrastructure, enabling users to truly own and earn from their devices and participate in real-world industries, including energy, mobility, and connectivity. Currently, peaq is home to more than 50 DePINs spread across over a dozen industries that count over 5,000,000+ devices, vehicles, and robots (Machine Real World Assets) between themselves.

Since peaq offers permissionless and borderless digital infrastructure that enables intelligent machines to serve humanity, it can democratize the age of AI and job automation. 

Get Real: peaq Offers Web3’s First Token-Incentivized Real-World Impact Campaign

While the DePIN space is bustling with innovation, it still lacks all-around adoption. This includes demand-side adoption, with communities and companies using DePIN services, and supply-side adoption, where people and communities will set up devices that provide these services. 

Scale is the central axis on which the DePIN flywheel spins: as more people adopt DePIN’s services, the incentive to join the supply side increases, further increasing competitiveness and adoption. 

To make this a reality, this is where peaq’s Get Real campaign comes in. Currently in its beta, the campaign’s primary focus is to boost this scale through token rewards, which the community can get after they complete numerous DePIN-focused quests. The quests are designed to incentivize the participants to simply use DePINs on peaq, thus making a real-world impact and earning DePINs’ native rewards. 

Types of Quests

Examples of upcoming quests include: 

Combinder: Connect electronics to a global Web3 virtual power plant.

DATS: Provide bandwidth for a decentralized cybersecurity network.

Farmsent: Track farm produce on-chain.

MapMetrics: Collect navigation data for Web3 Google Maps. 

Silencio: Measure local noise pollution via a smartphone app.

Teneo: Crowdsource social media data via a browser extension.

XMAQUINA: Join the DAO for autonomous machines.

With the passage of time, more quests will be added to the peaq portal as new DePINs join. The new quests will offer more adventures and challenges, allowing the community to dive deeper and deeper within the DePIN space. 

Types of Rewards 

Now comes the most exciting part because the rewards offered by peaq are unlike any other in the entire Web3 space. The total reward pool that peaq has dedicated for this campaign stands at 210,000,000 $PEAQ tokens or 5% of the token’s total supply at launch. 

By completing quests, the participants will climb the leaderboard, with their ranking defining their chances at getting the best rewards, which will include $PEAQ tokens as well as merch and various other goodies. 

Division of Campaign

As the campaign is year-long, it will be divided into different seasons to accommodate more participants. The first season, or season 1, will begin today and run until the end of February. 

Season 1 reward allocation for the general leaderboard is at at almost 19 million $PEAQ tokens, with additional smaller rewards for referrals and DeFi quests. 

peaq’s Get Real Campaign: How To Join?

Anyone can join the peaq’s Get Real campaign as long as they do the following steps: 

Step 1

Create an account on the peaq portal. The portal has been specifically upgraded to accommodate as many people as possible, with the update currently in its live beta. 

Step 2

After the account’s creation, the user will mint an NFT — a unique customizable character that will evolve as the user creates real-world value. Users can choose from four distinct factions, which include: 

Moon Settlers

Solarpunk Earthlings

Nomadic Martian Scholars

Robots with human minds exploring Jupiter’s frozen moon 

Step 3

Users can then pick quests and join the fun with other participants, which will simultaneously help them climb the leaderboard and unlock new items for their characters. 

peaq NFTs: Designed by World Leading Design Studio

Behind the peaqonaut NFTs is Koto Studio, a renowned name in the industry, as their previous clients include Microsoft and Activision. The latter is the game company behind Call of Duty, a mega-popular videogame franchise that Koto recently did a rebranding for. 

Koto Studio has ensured to develop four incredible sci-fi worlds and assembled the line-up of NFT peaqonauts that will enable the participants to flex their progress and impact in the campaign. 

peaq’s Get Real Campaign: The Start of the Machine Economy

Get Real is designed to give the DePINs on peaq the momentum they need to bring their growth and scaling to a whole new level while introducing DePIN to hundreds of thousands of people around the world.

This momentum and scale will set the foundation of the Machine Economy on peaq, kicking its engines into motion. Scale will enable the DePINs to become more competitive in their respective industries while also creating a fertile soil for other Machine Economy components. From Machine RWAs to Machine DeFi as well as cross-DePIN collaborations made possible by scale, Get Real will ignite the wider transformation in the peaq ecosystem and beyond.  

Conclusion

In conclusion, peaq, a global DePIN leader, offers Web3’s most exciting and first-ever campaign focused entirely on generating real-world impact. 

5% of the $PEAQ total supply at launch has been allocated for the Get Real campaign, with Koto Studios, a leading design firm, producing exciting and adventurous NFT characters that evolve with the impact their owners make.