KREST BUYKREST / USDTMEXC:KRESTUSDTPacos34What is Krest Network? Krest Network is emerging as a pioneering platform designed to foster innovation and experimentation within the peaq ecosystem across socioeconomic, technical, community, and governance dimensions. This platform serves as a live hub where the peaq community can deploy decentralized applications (dApps) and tools and evaluate their impact in a real-world environment without the associated risks. At the core of Krest Network is the concept of simulation, widely used to digitally model processes or events across various industries. This approach is particularly useful in manufacturing to test production lines and in initiatives to improve product-market fit. By integrating this concept with the Internet of Things (IoT), Krest Network offers a unique environment where projects built on the peaq platform can be live-tested. The network facilitates a connection between IoT devices, such as Raspberry Pi minicomputers, creating a live ecosystem capable of simulating the real-world operations of machines such as drones and electric vehicles. Participants in the network are rewarded with krest, a native digital token, for performing specific actions by connecting their devices and making them available for simulation purposes. This innovative setup allows entrepreneurs and developers working on machine-centric projects to test their dApps in a real-world IoT context. They can evaluate performance, observe societal impact, identify errors, and mitigate risks with community support. It also provides the opportunity to develop and promote custom simulation packages using existing ones to address specific project needs. The krest token plays a critical role in the network's economics, facilitating transaction fees, serving as an economic incentive, and rewarding community initiatives. It fosters participation and innovation, ensuring the smooth operation and growth of the network. #KREST #ELLIOTWAVE