2024

peaq

Bitcoin

when

<h4>It’s starting to feel like the market is taking shape again. With Bitcoin making a bit of a comeback lately, October might just be the month things take off. And you know how it goes — the whole market follows when Bitcoin moves.&nbsp;</h4> 
But let’s be real: if you’re hoping to get as much as 100x returns in this bull run, Bitcoin’s probably not your best bet.&nbsp; Instead, you should be looking at good projects in very solid narratives. 2020 was <a href="https://www.altcoinbuzz.io/?s=defi" target="_blank" rel="noopener">DeFi</a> and NFTs. The big question is what’s it going to be this time?&nbsp; In today’s article, we have two good projects in emerging crypto narratives that you need to keep an eye on. These are the narratives of the bull run, and you want to ensure you have investments there. 
<h5>Plume Network</h5> 
The first I’ll talk about today is the <a href="https://www.plumenetwork.xyz/" target="_blank" rel="noopener">Plume Network</a>. They aim to change how we bring real-world assets—like real estate and collectibles—onto the blockchain. The process sounds complicated. But Plume’s mission is to make that process super easy and compliant.&nbsp; 
So, whether it’s real estate or even art, Plume’s Ethereum-based blockchain takes care of the paperwork, custodial stuff, and all the boring legwork for you.&nbsp; Plume is the first layer 1 to focus solely on RWAs.&nbsp;Here’s why this is important.&nbsp; 
<blockquote class="twitter-tweet"> 
 <a href="https://twitter.com/search?q=%24PLUME&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PLUME</a> is one of the first modular L2 blockchains that is specifically dedicated for all <a href="https://twitter.com/hashtag/RWAs?src=hash&amp;ref_src=twsrc%5Etfw">#RWAs</a> that has recently partnered with Coinbase and integrated asset tokenisation and compliance providers directly into the chain and has not been launched yet so you’re early <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/ttsJzfiDpc">pic.twitter.com/ttsJzfiDpc</a> 
 — Crypto Guts (@crypt0_guts) <a href="https://twitter.com/crypt0_guts/status/1773086082248196313?ref_src=twsrc%5Etfw">March 27, 2024</a>
</blockquote> 
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The <a href="https://www.altcoinbuzz.io/?s=rwa" target="_blank" rel="noopener">RWA industry</a> is exploding. And it’s becoming one of the fastest-growing sectors in crypto. A new Coingecko report shows that lots of countries, including the US, are showing huge interest in RWA. 
Everyone is looking to bring traditional assets into the digital world. But there’s a catch—until now, no blockchain has offered a permissionless, full-stack solution for RWAs. This is where Plume stands out from the crowd.&nbsp; It’s not just another crypto project—it’s a complete ecosystem that lets users tokenize assets, manage compliance, and even trade or borrow against these assets. 
Plume is making big moves. It already has <a href="https://www.plumenetwork.xyz/ecosystem" target="_blank" rel="noopener">150 projects</a> deploying RWAs on its testnet, from collectibles to private credit and real estate.&nbsp; They already raised $10 million from major investors like Galaxy Digital and Superscript. And they plan to tokenize a massive $1.25 billion worth of RWAs by the end of 2024. 
<blockquote class="twitter-tweet"> 
 The journey to $3B starts now. 
 We’re set to tokenize $1.25B+ in real world assets like solar farms, Medicaid claims, and mineral rights by Q4! 
 You can earn yield on high-value, traditionally inaccessible assets.<a href="https://t.co/frXrKkbnZp">https://t.co/frXrKkbnZp</a> 
 — Plume Network – RWA Chain (@plumenetwork) <a href="https://twitter.com/plumenetwork/status/1837628925738209431?ref_src=twsrc%5Etfw">September 21, 2024</a>
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<h5>So why should you care?&nbsp;</h5> 
Like I said earlier, the RWA space is gearing up to explode. It’s attracting lots of investors seeking exposure to blockchain-based assets. Besides, lots of regulation supports the mainstream adoption of RWAs. Plume is perfectly positioned to ride that wave. They’re not just dabbling in tokenization—they’re leading it. Plume is part of the Tokenized Asset Coalition(TAC).&nbsp; 
<blockquote class="twitter-tweet"> 
 We’re excited to announce the addition of a new member cohort to the Tokenized Asset Coalition and the release of our 2024 State of Tokenization Report! <a href="https://t.co/ZNB1FMw4un">pic.twitter.com/ZNB1FMw4un</a> 
 — Tokenized Asset Coalition (@TACoalition) <a href="https://twitter.com/TACoalition/status/1839292876766982324?ref_src=twsrc%5Etfw">September 26, 2024</a>
</blockquote> 
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It’s a group of projects focused on bringing over $1 trillion in assets on-chain. It includes projects like&nbsp; 
<ul> 
 <li style="font-weight: 400;" aria-level="1">Axelar.</li> 
 <li style="font-weight: 400;" aria-level="1">Aptos.</li> 
 <li style="font-weight: 400;" aria-level="1">Arbitrum.</li> 
 <li style="font-weight: 400;" aria-level="1">Galaxy Digital.</li> 
</ul> 
Plume was also a <a href="https://x.com/RWA_Day/status/1839305303327658346" target="_blank" rel="noopener">sponsor</a> of the RWA Day. So, they are getting noticed in a big way. They were also at Token 2049. As I said earlier, their ecosystem is growing with over 170 projects. Plume has everything lined up to be a key player in this next big narrative. Watch out for it. 
<h5>Peaq Network</h5> 
Next up, let’s talk about the <a href="https://www.peaq.network/" target="_blank" rel="noopener">Peaq Network</a>. If you haven’t heard about it yet, this is one project you’ll want to keep an eye on, especially with the rise of new crypto narratives. So, what’s Peaq about? They’re all about the Economy of Things (EoT). It’s like the next step from the Internet of Things (IoT). But here’s the difference: instead of just connecting devices to exchange data, EoT allows devices to own, pay, and earn value on their own. 
Peaq is focused on giving control back to everyday people like us. Think about services like Uber. Right now, Uber acts as a middleman, taking a cut from everything the drivers earn. That keeps power—and money—with big corporations. But Peaq is trying to change that. Peaq is building a truly decentralized peer-to-peer system where the community has the final say. Imagine Uber, but instead of being controlled by a centralized company, it runs on a blockchain. The app works the same, but without the middleman taking a slice. Simple, right? 
Peaq focuses on the DePIN (Decentralized Physical Infrastructure Networks) sector. They act as a layer-1 blockchain for DePIN projects, providing everything projects need to build apps for vehicles, robots, and devices, whether it’s on land, water, sky, or even space. Peaq has the tech <a href="https://www.peaq.network/learn/use-cases?category=All" target="_blank" rel="noopener">covered</a> for physical infrastructure. We’re talking about: 
<ul> 
 <li style="font-weight: 400;" aria-level="1">5G networks.</li> 
 <li style="font-weight: 400;" aria-level="1">AI data marketplaces.</li> 
 <li style="font-weight: 400;" aria-level="1">Electric car charging.</li> 
 <li style="font-weight: 400;" aria-level="1">Cloud gaming.</li> 
 <li style="font-weight: 400;" aria-level="1">Food delivery.</li> 
 <li style="font-weight: 400;" aria-level="1">Boat rentals.</li> 
 <li style="font-weight: 400;" aria-level="1">Drone farming.</li> 
 <li style="font-weight: 400;" aria-level="1">Satellite internet.</li> 
</ul> 
<blockquote class="twitter-tweet"> 
 State of the peaqosystem <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f30c.png" alt="🌌" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 September 2024 <a href="https://t.co/jUapsflLtm">pic.twitter.com/jUapsflLtm</a> 
 — peaq (@peaqnetwork) <a href="https://twitter.com/peaqnetwork/status/1840663977803624870?ref_src=twsrc%5Etfw">September 30, 2024</a>
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Peaq processes over 10,000 transactions per second at a very low cost. And they’re already making waves. Some of their partners are huge names you’ll recognize, like: 
<ul> 
 <li style="font-weight: 400;" aria-level="1">Mastercard.</li> 
 <li style="font-weight: 400;" aria-level="1">Airbus.</li> 
 <li style="font-weight: 400;" aria-level="1">NTT.</li> 
 <li style="font-weight: 400;" aria-level="1">Bosch.</li> 
 <li style="font-weight: 400;" aria-level="1">Continental.</li> 
</ul> 
<h5>Peaq’s Ecosystem is Growing Fast. </h5> 
They’re already the fastest-growing DePIN ecosystem in the world. Just check out the numbers: 
<ul> 
 <li style="font-weight: 400;" aria-level="1">1,000,000+ machines, vehicles, robots, and devices on their network.</li> 
 <li style="font-weight: 400;" aria-level="1">Around $25M+ in tokenized Machine Real-World Assets (RWAs).</li> 
 <li style="font-weight: 400;" aria-level="1">45+ DePINs building on Peaq.</li> 
 <li style="font-weight: 400;" aria-level="1">Over 20 industries are being shaped by Peaq’s tech.</li> 
</ul> 
<blockquote class="twitter-tweet"> 
 Over 1,000,000 vehicles, robots, and devices are already providing services via <a href="https://twitter.com/hashtag/DePINs?src=hash&amp;ref_src=twsrc%5Etfw">#DePINs</a> built on peaq. 
 It’s almost time to take the machine economy onchain, frens. 
 Sign up for launch updates: <a href="https://t.co/zRMfxJ5BUA">https://t.co/zRMfxJ5BUA</a> <a href="https://t.co/Cs9vlAEJM5">pic.twitter.com/Cs9vlAEJM5</a> 
 — peaq (@peaqnetwork) <a href="https://twitter.com/peaqnetwork/status/1840741986380267959?ref_src=twsrc%5Etfw">September 30, 2024</a>
</blockquote> 
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One of the reasons they’re growing so fast is their focus on community. For example, Bosch, the world’s largest sensor manufacturer, is a key partner. Sensors are critical for DePIN, making this a strategic move for Peaq. 
Here’s the exciting part: we’re still early. DePIN is shaping up to be one of the hottest narratives in this next bull run. Messari even estimates that DePINs could be worth $3.5 trillion by 2028. That’s massive. Think of how Render is taking off, and you’ll get an idea of the potential here. 
<blockquote class="twitter-tweet"> 
 The addressable market size for DePin Networks will reach 3.2 Trillion Dollars by 2028. 
 The current market cap of DePIN Projects is around $32B. 
 The DePIN sector offers a 100x opportunity for builders and investors. 
 Let’s deep dive into the crazy world of DePIN <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 — hitesh.eth (@hmalviya9) <a href="https://twitter.com/hmalviya9/status/1744405859671953653?ref_src=twsrc%5Etfw">January 8, 2024</a>
</blockquote> 
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<h5>What sets Peaq apart in the DePIN Space?</h5> 
<ul> 
 <li style="font-weight: 400;" aria-level="1">Decentralization: Peaq is highly decentralized, with a Nakamoto Coefficient of 90+—one of the highest among major blockchains.</li> 
 <li style="font-weight: 400;" aria-level="1">Scalability: It’s built to scale.</li> 
 <li style="font-weight: 400;" aria-level="1">Environmentally Friendly: Peaq is committed to being sustainable.</li> 
 <li style="font-weight: 400;" aria-level="1">The intersection of DePIN and RWAs: Peaq sits at the crossroads of two massive markets, giving it serious growth potential.</li> 
 <li style="font-weight: 400;" aria-level="1">Fast-Growing Ecosystem: Projects are already migrating to Peaq from other blockchains.</li> 
 <li style="font-weight: 400;" aria-level="1">Interoperability: Projects on Peaq will benefit from easy movement across chains.</li> 
</ul> 
<blockquote class="twitter-tweet"> 
 LISTING UPDATE — LAUNCH WINDOW EXTENDED 
 Thanks to our collective recent progress, opportunities have arisen which are too good to turn down. However, these opportunities require us to extend peaq’s launch window into October. 
 To be clear: unlike many postponed rocket launches,… <a href="https://t.co/nkm1rynY1a">pic.twitter.com/nkm1rynY1a</a> 
 — peaq (@peaqnetwork) <a href="https://twitter.com/peaqnetwork/status/1838623101128413581?ref_src=twsrc%5Etfw">September 24, 2024</a>
</blockquote> 
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<h5>What’s Next for Peaq?</h5> 
Peaq is gearing up for a major launch this October. The token launch is any day now. They’ll be hitting top exchanges, so keep an eye on this one. You don’t want to miss it. 
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<h6>Disclaimer</h6> 
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. 
The post <a href="https://www.altcoinbuzz.io/bitcoin-and-crypto-guide/top-2-crypto-narratives-to-soar-in-2024/">Top 2 Crypto Narratives to SOAR in 2024</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.

Top 2 Crypto Narratives to SOAR in 2024

Altcoin Buzz

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