⭐ The flagship project from EoT Labs — Peaq

Cabinet 42
2 min readDec 27, 2022

Peaq is the flagship project of EoT Labs, dedicated to the development, incubation and implementation of open source.

The platform provides everything you need to build and scale decentralised applications (dApps) for the economy of things. It allows vehicles, machines and devices to provide decentralised identification, access and payment capabilities and enable them to interact and trade with people and other machines without the need for corporate intermediaries. Decentralised applications built using the peaq technology stack are designed to work on the peaq network and connect to other Web3 networks within the Polkadot ecosystem and beyond.

EoT Labs is a distributed team of entrepreneurs and engineers committed to using Web3 to positively impact the world, supported by a stellar advisory board of experienced professionals from the world’s leading Web2 companies.

To summarise:

The project wants to build a decentralised machine economy that works for the benefit of the world. Interesting.

- Funds/investors: Not yet available, but project raised $6m in seed round.

- Testnet: Testnet is already active. A node can be put up. Now there is a public testnet, but there is information that the team is working on a reward programme for the first users (who exactly is considered the first is not clear).

- Discord: — 3.4k subscribers (look at Twitter — discrepancy) Activity has not yet been verified. Captcha is doing the head in.

- Twitter: 38.3k followers. Rating is weak (activity not high).

P.S Smart contract platform built on Substrate and supporting smart contracts ink! and Ethereum Virtual Machine (EVM).

Projects resources: Website | Telegram | Twitter | Discord | Docs

Our resources: Web | Blog | Twitter | Discord | Telegram



Cabinet 42

We provide tools for easy and secure asset placement on the blockchain, without storage.