Building a 800,000 device DePIN blockchain, with Peaq Founder Till Wendler

Lex chats with Till Wendler, Founder of Peaq Network - a leading DePIN Layer 1 in the blockchain space. In this episode, Till discusses his journey into entrepreneurship and the blockchain space. He talks about his early involvement with Ethereum and building a business around e-commerce payments using cryptocurrencies. Till also explains the concept of decentralized physical infrastructure networks (DePINs) and their role in the Internet of Things (IoT) and the Economy of Things (EOT). He highlights the limitations of current IoT systems and the potential for value exchange between devices. Till discusses the success of Peaq in attracting over 800,000 devices onto the network and the challenges of building demand for data-driven projects. He emphasizes Peaq's role in catalyzing the sector by providing support on product optimization, go-to-market strategies, and financial assistance. MENTIONED IN THE CONVERSATION Peaq's Website: https://bit.ly/3XjsaKo Till's LinkedIn: https://bit.ly/4cGvSSJ Topics: Blockchain, web3, decentralized applications, dapps, economy of things, EOT, depin, iot, decentralized physical infrastructure networks Tags: Peaq, IOTA, Exonum, DMG MORI, Silencio, MapMetrics, Helium ABOUT THE FINTECH BLUEPRINT 🔥Subscribe to the Fintech Blueprint newsletter to stay at the forefront of Fintech and DeFi: https://bit.ly/3hyhlC2 🤝 Partner with Fintech Blueprint through sponsorships: https://bit.ly/3UZllsV 👉 Twitter: https://twitter.com/LexSokolin TIMESTAMPS 1’09: From the Valley to Blockchain: Till’s Journey into Entrepreneurship and Crypto 4’59: Building Peaq: From Berlin's Blockchain Scene to IoT Innovation 8’26: Connecting Machines to Blockchain: The Use Case Discovery and Peaq's Evolution 13’31: From IoT to the Economy of Things: The Evolution of Connected Devices 17’53: Unlocking the Machine Economy: The Role of Web3 and DePINs in Decentralized Infrastructure 20’50: Scaling the Machine Economy: Successful Use Cases Built on Peaq's Decentralized Network 23’34: Driving Network Growth: How Peaq Reached 800,000 Connected Devices Through Strategic Go-to-Market and Product Market Fit 29’15: Streamlining DePIN Success: How Peaq Simplifies Tokenomics and Focuses on User Demand 32’56: Empowering Ecosystem Growth: Peaq's Role in Supporting Projects from Integration to Funding 34’45: The channels used to connect with Till & learn more about Peaq