What is Krest Network (KREST)

Krest Network is the sister and canary network of Peaq Network. It is the world’s first and only simulation network for DePIN and the Economy of Things. Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (KREST/USDT – Trade it here) on the Innovation Zone! Check it out now!

What is Krest Network (KREST)
What is Krest Network (KREST)

What Exactly is Krest Network?

Krest Network is the canary network fo Peaq Network. It is a place for experiments and tests. It also serves as the hub for innovations spanning socio-economic, technical, community, and governance domains. Here, users can introduce and set in motion dApps and DePINs (Decentralized Physical Infrastructure Networks). The intriguing part is that their effects are evaluated within a live environment on a public blockchain network. And the best part? All this happens without any potential real-world negative consequences.

In the grand scheme of things, this implies that the dApps and DePINs initiated on the peaq mainnet will attain a higher level of quality, all credits to the practical trial runs on Krest. Consequently, this adds an additional layer of enhancement to what peaq brings to the table for both developers and the community, simultaneously fortifying its adoption.

Moreover, krest assumes the role of a trial arena for forthcoming upgrades to the primary peaq network. This is a privilege enjoyed by only a handful of layer-1 blockchains. It also serves as an opportunity for the peaq community to catch a glimpse of what the future holds.

What Can you Do in Krest Network?

When users like their devices, like Raspberry Pi mini-computers, to krest, the peaq community will forge a collective of active devices. It is capable of emulating the operations of various machinery types, ranging from drones to electric vehicles, and more. As users partake in specific activities on the network, they will be duly rewarded with the network’s native token.

This interactive environment will prove invaluable to entrepreneurs and developers who are working on projects centered around machinery on krest. They can harness this resource pool to test their dApps using real-world IoT connectivity. This avenue enables them to gauge the performance and broader societal influence of their dApps, as well as pinpoint glitches and potential hazards in collaboration with the larger community – all prior to deploying them for real-world machinery application on the peaq network.

What’s more, they’re also granted the freedom to design and cultivate their own tailored simulation packages to cater to their unique requirements, alongside making use of the pre-existing options available.

Where to buy KREST Token

You can find KREST Token here at MEXC! We are listing KREST/USDT in our Innovation Zone!

What is the Price of KREST Tokens?

The KREST Token is currently trading at MEXC with a live price of $0.01126. It has a fully diluted market cap of $4,502,250. You can check the live price of their token right here!

How to buy KREST Tokens on MEXC

You can buy KREST Tokens on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “KREST” using the search bar to see the available trading pairs. Take KREST/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of KREST you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy KREST] to confirm your order. You will find the purchased KREST in your Spot Wallet.

You can find a detailed guide on how to buy KREST Tokens here.

Get Free Airdrops with MEXC Launchpad!

Did you know MEXC gives out 20+ free airdrops weekly? Launchpad and Kickstarter events ensure that all our loyal MX token HODLers receive a ton of new tokens! Learn all about it at our MX Zone now!

Meanwhile, check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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