Why we say peelbid is the first DePIN on Arc

DePIN, because that is what it is

A decentralized physical infrastructure network is a real-world resource supplied by many independent people, coordinated and paid through a blockchain. peelbid's resource is the surface of things people already own; the suppliers are their owners; pricing, escrow and payouts run on a chain; every payout follows a verified proof. That is the definition, met in full, with one difference from most of the sector: there is no device to buy. The network is already out there. The long version is in What is DePIN?.

On Arc, because the money is USDC

Arc is Circle's network, built around USDC: gas is paid in USDC (arc.io), so an owner receives dollars and never has to hold a second token to move them. A brand's finance team sees one currency from bid to statement. For a product whose whole promise is a payment you can count on, that is the right place for the escrow.

First, as far as we can find

We looked before we said it. As of October 2026 we could not find another DePIN running on Arc, so we say first on Arc and nothing wider. If one was there before us, write to hello@peelbid.com and we will correct this page.

The four things we always say

1. No hardware. The network is the things people already own.
2. Proof, not permission. A payout needs a dated photo, not anyone's sign-off. When the window passes, the escrow releases it.
3. The money is never ours. It waits in a contract, not in our account.
4. One human step, in the open. Disputes go to a named arbiter who decides the split on-chain and gives both sides the written reason. Everything else needs nobody.

What we will not say

And never a promise of earnings or a token. "If brands bid" is always true; "you will earn" is not.