February 12, 2025
XMAQUINA DAO has raised $900,000 through its Genesis Auction, marking a step toward decentralized governance in AI-driven robotics. The initiative seeks to shift decision-making authority from major technology corporations and venture capital firms to a broader community of participants.
Operating on the peaq network, XMAQUINA DAO integrates blockchain technology to facilitate open governance for autonomous machines. The recent auction serves as an initial phase in its development, with a second auction already planned. Proceeds from the fundraising effort will be allocated toward expanding governance mechanisms and supporting further decentralization of the project’s operations.
About XMAQUINA DAO
XMAQUINA DAO is a decentralized autonomous organization (DAO) focused on developing and governing AI-powered robotics. It enables community participation in decision-making and funding, aiming to establish a framework where control over autonomous systems is distributed among its members. The project is built on the peaq network and leverages blockchain technology to create a transparent governance structure.
Website: https://www.xmaquina.io/
X: @xmaquinaDAO
About Investor
peaq
peaq is a blockchain network designed to support decentralized physical infrastructure (DePIN) and AI-integrated applications. It provides a framework for projects incorporating Web3 technologies in robotics, mobility, and machine-based ecosystems.
Location: Singapore, Singapore
Website: https://www.peaq.network/
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