DePIN Layer1 protocol Peaq completes $20 million fundraising through CoinList

Odaily News DePIN Layer1 protocol Peaq has completed a $20 million fundraising through CoinList. More than 14,500 community members have contributed more than $36 million, oversubscribing Peaq's token issuance on CoinList, making it the largest fundraising event and the highest donation issuance event on CoinList in more than two years. The new funds will be mainly used to ensure that Peaq-based DePIN becomes a category leader, accelerate the development of Peaqosystem, and promote various ecosystems and community programs.