Peaq is the decentralized Web3 network powering the Economy of Things (EoT).peaq is leading in the transfer of machines from the outdated IoT to the decentralized and next-generation Economy of Things (EoT), which will run on Web3. In the EoT, machines not only communicate and connect with each other, but also extract enormous value from their activities and collaborations. peaq solves some of the biggest social and economic challenges and ensures that communities benefit from job automation.