Peaq UAE, in partnership with Pulsar Group, has launched a pioneering Machine Economy Free Zone (MEFZ) across Abu Dhabi and Dubai, marking a significant step forward for decentralized physical infrastructure networks (DePIN) and the machine tokenization ecosystem. This initiative creates a sandbox environment fostering the tokenization of machines such as EV chargers, IoT sensors, delivery robots, and industrial equipment, enabling fractional ownership and automated blockchain revenue sharing.
The sandbox facilitates experimentation with new business models allowing token holders to earn revenue generated by the machines, connecting physical assets to digital economies. The MEFZ also supports the development of regulatory frameworks, investment systems, and innovation hubs aimed at advancing the Machine Economy vision — a future where humans and intelligent machines coexist and co-create value seamlessly.
Located in the UAE, particularly Dubai, the MEFZ benefits from progressive regulations by authorities like VARA, strong governmental backing, and global connectivity, positioning the region as a global blockchain and technology innovation hub. Peaq’s engagement aims to validate technology applications, attract institutional investments, and pilot Universal Basic Ownership (UBO), a mechanism to distribute machine-generated income directly to communities affected by automation.
This initiative emphasizes the transformative potential of Web3 technology for an autonomous Machine Economy that is inclusive, scalable, and compliant with regulations, representing a blueprint for global adoption of DePIN and machine tokenization principles.