Layer 1 Peaq Attracts Lufthansa and Deutsche Telekom, Accelerating DePIN Growth
Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...
Decentralized physical infrastructure network (DePIN) platform and Layer 1 network Peaq has added major European enterprises and research institutions to its genesis node pool.
According to the company’s announcement from Sept. 9, the new node operators include Deutsche Telekom MMS, Lufthansa Innovation Hub, Bertelsmann Investments, and the Technical University of Munich (TUM), one of Germany’s leading universities for research.
These organizations, with a combined valuation of over $170 billion, are now supporting the network’s infrastructure and opening up opportunities for community members to stake their tokens and share in the rewards.
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