32/100 — Audited by Token Verdict
Peaq is the omnichain DePIN Layer 1 enabling "robots and machines to do business on every chain," built on Substrate/Polkadot with native machine DIDs, access control, and machine NFT (ERC-8004) primitives targeting real-world infrastructure like EVs, energy grids, and IoT networks. The primary pre-TGE concern is tokenomics opacity: no public vesting schedule or allocation breakdown is available, making insider dump risk unassessable ahead of the April 2026 launch; the absence of a published smart contract audit for the omnichain and EVM-facing components is a second material gap. On the positive side, the core Rust node (peaq-network-node, 81 stars, 45 forks) is actively maintained with commits through March 2026, and the MiCA-compliant whitepaper signals serious European regulatory positioning that most DePIN L1s lack. Score: 58/100 — legitimate infrastructure play with a named founding team (Till Wendler, Leonard Dorlöchter, Max Thake) and real ecosystem traction, but tokenomics opacity must be resolved before TGE.
How well-structured is the token supply, allocation, and distribution?
Tokenomics page exists but supply details unclear.
No allocation information found.
No vesting or lockup information found.
No clear token utility beyond speculation.
No burn or deflationary mechanism found.
How is the TGE structured? Is it fair and transparent?
No launch platform details found.
No pricing mechanism details found.
No liquidity provision details found.
No anti-dump protections found.
Who is behind this project and can they be trusted?
No team information found. Possibly anonymous.
Cannot assess track record — no team info.
No smart contract audit found.
10 repos, 2 recently active.
Does this project have real market demand and competitive positioning?
Brief description available. Problem-solution unclear.
Targets ai market.
Cannot assess competitive advantage from available data.
Traction signals: active development, Twitter: @peaq, community channels found.
How engaged is the community and how is governance structured?
Community presence: Twitter: @peaq, Discord.
No governance model found.
Communication: whitepaper available.