As a first step in a newly announced partnership, Nuklai will provide DePINs on peaq with machine learning, data processing and monetization capabilities, with Farmsent, a global Web3 marketplace for farmers and consumer-facing businesses, being the first in line.
Nuklai joins peaq’s AI ecosystem for better DePIN monetization
According to the team’s official statement, peakthe groundbreaking L1 blockchain for DePIN and Machine RWAs (real-world assets), welcomes a new member to its ecosystem as Nuklai joins to unlock AI and data generation for DePINs building on peaq.
To unleash the potential of @peaqnetwork, we need to imagine the machine economy 🤖
Imagine: 10 years ahead. Domains such as mobility, energy, connectivity and logistics are managed by AI-powered machines, ranging from vehicles and humanoids to drones and appliances.
These machines…
— Leo (@dorloechter) May 9, 2024
Like its partner peaq, Nuklai is a layer 1 blockchain focused on advancing a Farmsent first called DePIN on peaq to leverage new integration
Jochem Herber, Head of Ecosystem at Nuklai, is enthusiastic about peaq’s achievements so far and the team’s long-term vision:
peaq is home to more than 25 DePINs across 10 industries, all of which hold valuable data. Nuklai will equip these projects with the tools they need to monetize or otherwise leverage that data, allowing them to do more with their resources. We are excited to continue with this integration and position Nuklai as the go-to AI layer for DePIN due to peaq’s clear lead in this segment
Farmsent will be the first DePIN on peaq to leverage this integration and explore the use of Nuklai’s tools to benefit the more than 160,000 farmers it has already engaged in Indonesia and Colombia.
Till Wendler, co-founder of peaq, highlights the key benefits of a joint development program:
The synergy between AI and the Economy of Things is clear and unmistakable. Excellent AI and data infrastructure layers like Nuklai add a lot of value to the ecosystem and unlock more useful tools for the builders – we’re excited to see Nuklai joining in
Future use cases could include helping farmers collect and monetize various data sets, such as soil quality or weather data, which could be of great benefit to agritech companies and consortia.
