🧐 ProPicks AI October update is out now! See which stocks made the listPick Stocks with AI

Piggycell, a IoT based RWA project, secures investment from a public mainnet, Internet Computer

Published 07/04/2024, 03:12 AM
Updated 07/04/2024, 03:30 AM
Piggycell, a IoT based RWA project, secures investment from a public mainnet, Internet Computer

singapore, singapore, July 4th, 2024, Chainwire

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

Piggycell is a blockchain RWA platform that users can expereince IoT based Charge To Earn (C2E) while charing their bateries. It is a decentralized platform linked to the No. 1 power bank 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 global 24th ranked (on Coinmarketcap data as of June 23, 2024) L1 mainnet operated by the DFINITY Foundation in Switzerland. It is a program that supports promising projects to grow into high-quality large projects in the ICP ecosystem by participating as investors and mentors, including Fenbushi Capital, Softbank (OTC:SFTBY) Vision Fund, and Cypher Capital.

Jake Park, CEO of ICP HUB Korea, said, "Through this investment in Piggycell and approval for participation in ICP Olympus, we will fully support the Piggycell project to grow into a global top project and showcase the technology and stability of ICP through Piggycell."
The Piggycell C2E platform is planning its closed beta test (CBT) and officially launch this year.

About Piggycell

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

ContactManagerDanielPiggycellhello@100percent.kr

This article was originally published on Chainwire

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.