MapMetrics ditches Solana blockchain for peaq

Drive-to-earn DePIN project MapMetrics will slowly transition to the peaq blockchain

article-image

MapMetrics modified by Blockworks

share

Decentralized Physical Infrastructure (DePIN) project MapMetrics will leave the Solana ecosystem and migrate to peaq, a layer-1 solution designed specifically for DePIN and Machine real-world assets (RWAs).

MapMetrics is a drive-to-earn project that rewards users with tokens and NFTs for providing anonymous live traffic and map data. Similar to DePIN project Hivemapper, the team hopes to create a decentralized global map using Web3 technology. 

Read more: ‘Drive-to-earn’ app aims to bootstrap ‘dynamic maps’ with crypto rewards

Brent van der Heiden, co-founder at MapMetrics, told Blockworks that the decision was made as peaq offered a variety of modular DePin functionality.

“Peaq ID, a decentralized multi-chain machine identity, enables the network to prioritize real machines in times of high load,” Heiden said. “The Modular Functions, such as the DePIN data verification framework, will also help us further expand our DePIN’s own features.”

Additionally, Heiden notes there are a handful of potential synergies in the wider peaq ecosystem, including with other DePINs and its enterprise partners, which may enable the team to secure new partnerships to build out demand for the project. 

“Peaq’s community includes thousands of DePIN enthusiasts, which will help us grow, and the Machine Composability that comes with using the same identity standard across the ecosystem will help us tap into the pool of devices already on peaq,” Heiden said.

The transition process will be completed over multiple phases, beginning with smart contract deployments on peaq, followed by moving core business logic over to the layer-1. Afterwards, native token minting will also be available on peaq, and a bridging option will be available to existing holders. 

Despite MapMetric’s decision to leave the Solana ecosystem, the blockchain remains a popular home for many DePIN projects today. 

Read more: DePin projects have gained momentum on Solana blockchain

Natix, another DePIN mapping project, revealed today that it will be launching its native token on the Solana blockchain, while continuing to collaborate with the peaq network.


Get the news in your inbox. Explore Blockworks newsletters:

  • Blockworks Daily: The newsletter that helps thousands of investors understand crypto and the markets, by Byron Gilliam.
  • Empire: Start your morning with the top news and analysis to inform your day in crypto.
  • Forward Guidance: Reporting and analysis on the growing intersection of crypto and macroeconomics, policy and finance.
  • 0xResearch: Alpha directly in your inbox. Market highlights, data, degen trade ideas, governance updates, token performance and more.
  • Lightspeed: Built for Solana investors, developers and community members. The latest from one of crypto’s hottest networks.
  • The Drop: For crypto collectors and traders, covering apps, games, memes and more.
  • Supply Shock: Tracking Bitcoin’s rise from internet plaything worth less than a penny to global phenomenon disrupting money as we know it.
Tags

Upcoming Events

Industry City | Brooklyn, NY

TUES - THURS, JUNE 24 - 26, 2025

Permissionless IV serves as the definitive gathering for crypto’s technical founders, developers, and builders to come together and create the future.If you’re ready to shape the future of crypto, Permissionless IV is where it happens.

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Research Report Templates.jpg

Research

Bluefin possibly stands at an inflection point. The token is near an all-time low yet the protocol’s spot volume market share and derivatives exchange usage have been increasing month over month since its November launch. Given its current market position and the upcoming upgrades (for both Bluefin and SUI), there may be upside potential before the increased supply growth in December. However, strong opposition from existing competitors (like Cetus and Suilend), as well as new entrants (like Aftermath), pose key challenges to Bluefin’s medium-term success.

article-image

Top Committee Democrat Sen. Elizabeth Warren in her opening statement accused Atkins of “helping billionaire CEOs like Sam Bankman-Fried”

article-image

Introducing garbled circuits for enhanced privacy and regulatory compliance

article-image

Ross Ulbricht was a freedom maximalist building freedom tech, powered by Bitcoin

article-image

Solana validators can reap benefits including payments, votes and community clout

article-image

Sponsored

WalletConnect is cementing itself as the essential connectivity layer, ensuring wallets remain the entry point for billions of users

article-image

According to a legal filing, Galaxy Digital helped boost the price of LUNA while quietly selling its tokens