PEAQ

Preview

Market data not yet available

Peaq

Yes, there is a crypto token for the peaq network. The native utility token is called $PEAQ and it is already live[14][15]. The $PEAQ token serves multiple purposes within the peaq ecosystem, including:

1. Paying transaction fees on the network
2. Participating in on-chain governance
3. Staking to secure the network
4. Using DePINs (Decentralized Physical Infrastructure Networks) and dApps built on peaq
5. Voting on network upgrades and development decisions

The token launched in November 2024 and has a maximum supply of 4.2 billion PEAQ[7][15].

Based on the information available:

There is no official announcement of a traditional airdrop for peaq (PEAQ) tokens. However, peaq has launched a "Get Real" campaign, offering rewards in PEAQ tokens for completing various tasks and quests[7][13]. This campaign includes:

1. A total reward pool of 210 million PEAQ tokens (valued at approximately $50 million)
2. A 12-month duration for the campaign
3. Opportunities to earn rewards by completing quests and climbing a leaderboard
4. Engagement with the peaq ecosystem and DePIN (Decentralized Physical Infrastructure Network) projects

While not a traditional airdrop, this campaign provides opportunities for users to earn PEAQ tokens through active participation in the ecosystem[13].