Piggycell, an IoT-based RWA project, secures investment from public backbone, Internet Computer By Chainwire


Singapore, Singapore, July 4, 2024, Chainwire

Piggycel, an IoT-based blockchain RWA project, has secured investment from global mainnet Internet Computer (ICP) and joined the ICP Olympus accelerator program.

Piggycell is a blockchain RWA platform where users can experience the IoT-based charge-to-earn (C2E) system while charging their batteries. It is a decentralized platform linked to the number one portable battery sharing service in Korea, Piggycell, which has over 3 million users.

The ICP Olympus program, announced in April 2024, is an accelerator program for the L1 mainnet, ranked 24th globally (based on Coinmarketcap data as of June 23, 2024), operated by the DFINITY Foundation in Switzerland. It is a program that supports promising projects to become large, high-quality projects in the ICP ecosystem by participating as investors and mentors, including Fenbushi Capital, Softbank (OTC:) Vision Fund, and Cypher Capital.

Jake Park, CEO of ICP HUB Korea, said, “Through this investment in Piggycell and the approval to participate in ICP Olympus, we will fully support the Piggycell project to grow into a world-class project and showcase ICP’s technology and stability through Piggycell.”

The Piggycell C2E platform is planning its closed beta test (CBT) and official launch this year.

About Piggycell

The Piggycell project is a pioneering initiative that aims to drive real-world applications and mass adoption of blockchain technology. By creating a digital twin of the assets of the already successful Web2 Piggycell project in a virtual world via blockchain, it seeks to imbue existing assets with new functionalities and philosophies, thereby generating greater value and achieving true blockchain innovation.

ContactManagerDanielPig cell[email protected]

This article was originally published on Chainwire



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