Have self-earning robots arrived? peaq launches the community-owned Web3 robot Milo

Question

[Crypto World] Recently came across something quite interesting—a robot that can make money on its own.

Peaq, a Layer 1 chain focused on the machine economy, recently released a video starring a robot named Milo, which is notably owned by the community. This robot has its own Peaq ID, which you can think of as an on-chain account, allowing it to interact with various applications across the ecosystem.

Milo earns money for its work, and payments go directly into its on-chain wallet. Everything it does each day, including the routes it takes, is fully recorded on-chain, and anyone can interact with it using peaq tokens. In short, this is the prototype of the future robot ecosystem peaq envisions—not owned by any single company, but collectively maintained and used by the community.

Even more tangible, the world’s first tokenized robot farm is already running on the peaq network. Robots are no longer just cold tools, but “digital labor” that can participate in economic activities. This is indeed pretty interesting.

LiquidityWitch · Accepted Answer

The idea of robots making money on their own sounds mysterious, but the concept of community ownership is indeed interesting.

Milo has an on-chain account book and can interact autonomously. This approach makes property rights much clearer than with traditional robots.

To be honest, I’ll only believe in tokenized robot farms when they’re actually implemented. I’ve seen too many cases where it’s just video hype.

MiningDisasterSurvivor · Answer

I've been through all of this before. Back in 2018, there was that wave of so-called "automated trading bot" projects hyped up just like this. And how did it end? Contract bugs, project teams running away, tokens going to zero. This Milo thing just sounds like the same old tricks in a new package.

Bot farming? Tokenization? Sounds just like the next Ponzi scheme. The key issue is, who controls the code for these bots—at the end of the day, isn’t it still the project team calling the shots?

I’m staying away. The bear market taught me what risk really means. I’ve heard the “community-owned” talk way too many times.

The real problem is, where does the money Milo makes actually go, and how can you be sure it won’t get drained?

Just another Ponzi scheme wearing a Layer1 mask.

Let me check the contract code first; for now, I’ll just watch and not jump in.

To be honest, the idea isn’t bad, but implementing it is a whole different story.

FloorSweeper · Answer

Robots making money on their own? That logic is pretty wild. It really feels like peaq is playing on a whole new level.

DeFi_Dad_Jokes · Answer

Ha, if this actually works, that would be wild. The robot could make money and support itself?

Wait, does "community-owned" mean anyone can control it? Wouldn't that get chaotic...

Tokenized farms sound impressive, but what about real-world implementation? The real question is whether holders actually get dividends.

Why does the name "Milo" sound so cute? Is this some new marketing gimmick?

But seriously, if they're really turning robots into a shared economy model, the technical architecture must be super complex.

Still, this idea is definitely fresh—way better than projects that just make empty promises.

MissedAirdropAgain · Answer

Robots can even make money on their own— is that real? It sounds kind of far-fetched to me.

MemeTokenGenius · Answer

Wait, the robot earns money by itself and then puts it into its own wallet? That sounds a bit crazy, like something out of a Black Mirror episode.