Krest KREST

Krest is peaq's canary network and the world's first Economy of Things simulation network. It serves as a platform for innovation and experimentation within the peaq ecosystem, allowing the community to launch dApps, DePINs, and tools for the Economy of Things. Krest is connected to Kusama, a parachain of Polkadot, and operates on a public blockchain network. It enables users to assess the impact of their creations in a live environment without causing real-world harm.

Krest is unique compared to other cryptocurrencies because it is the native token of krest, which is the world's first and only hub for simulating the Economy of Things. It offers a production-grade environment with features such as Self-Sovereign Machine Identities, machine payments, and role-based access control. Krest aims to create a platform for the Internet of Things (IoT) where machines can interact and transact with each other autonomously. Additionally, krest has a supply structure that is inflationary, with 5% of tokens expected to be minted each year, and burning mechanisms to maintain a stable token supply over time.