peaq, a top DePin platform in Web3, has made big news with its recent token launch on CoinList, gathering an impressive $20 million in funding. This launch stands out as the biggest event on CoinList in over two years, with more than 14,500 community members chipping in over $36 million altogether. It's now the largest raise and the launch with the highest funds on CoinList in recent times.

The huge support from the community shows how much they trust and believe in peaq and its vision for decentralized ecosystems. With this money, peaq aims to grow its ecosystem and speed up the development of its Modular DePIN Functions.

The success of the token launch not only marks a major achievement for peaq but also highlights the growing interest and demand for the DePIN space. As peaq gets ready for its mainnet launch, the strong support from the community will help it expand and innovate even more.

During the token launch, peaq saw an impressive 20%+ growth in its ecosystem, confirming its position as the leading platform for DePIN solutions. The funds raised will let peaq build on this momentum and keep attracting DePINs looking for a reliable place to be.

peaq aims to boost DePIN adoption and development with the funds from the token launch. It will support different ecosystem programs and initiatives to get more people using DePIN technology. Also, peaq will work on improving its Modular DePIN Functions, like peaq ID for machine identities and peaq pay for easy peer-to-peer payments.

As CoinList sorts out the token allocation in the next few days, participants should keep an eye out for updates. More details about the token generation event will be shared closer to the mainnet launch.

In conclusion, peaq's CoinList launch has set new records, showing the strong support from the community and the growing interest in DePIN technology. With the funds raised, peaq is set to expand its ecosystem and bring more innovation to the decentralized world.