PANews reported on June 12 that according to Cointelegraph, Layer1 blockchain peaq and Pulsar Group launched a dedicated sandbox in the United Arab Emirates, aiming to explore the integration of robotics and artificial intelligence in a decentralized economy. The two parties launched the "Machine Economy Free Zone" in Dubai, combining regulation, infrastructure, and investment to advance decentralized, machine economy-specific use cases. The plan aims to provide a controlled environment for developers, enterprises, and government stakeholders to test and develop machine economy applications, including DePIN networks.
Max Thake, co-founder of peaq, introduced that the free zone will build a "human-centered economic system" that allows autonomous robots and smart devices to earn rewards by creating value. Specific application scenarios include community-driven air quality monitoring, hyper-localized weather forecasting, and virtual power plants composed of user devices. The project innovatively proposes a "Universal Basic Ownership" (UBO) mechanism that distributes part of the wealth created by robots to groups who have lost jobs due to automation through tokenization.
