【News Release – Singapore, Singapore, July 4, 2024】
Piggycell, a blockchain RWA project based on the Internet of Things, has secured investment from the global mainnet Internet Computer (ICP) and joined the ICP Olympus accelerator program.
Piggycell is a blockchain RWA platform where users can experience Charge-to-Earn (C2E) based on the Internet of Things while charging. It is a decentralized platform connected to the leading South Korean power bank sharing service Piggycell, which has over 3 million users.
The ICP Olympus program, announced in April 2024, is an accelerator program for the 24th ranked global L1 mainnet operated by the Swiss DFINITY Foundation (according to Coinmarketcap data as of June 23, 2024). It is a plan to support promising projects to grow into high-quality large-scale projects in the ICP ecosystem by participating as investors and mentors, including Fenbushi Capital, Softbank Vision Fund, and Cypher Capital.
Jake Park, CEO of ICP HUB Korea, said, “By investing in Piggycell and participating in ICP Olympus, we will fully support the development of the Piggycell project into a top global project and showcase the technology and stability of ICP through Piggycell.”
The Piggycell C2E platform is planning to undergo closed beta testing (CBT) and will be officially launched later this year.
About Piggycell
The Piggycell project is an initiative aimed at driving the real-world application and mass adoption of blockchain technology. By creating a digital twin of successful Web2 projects’ Piggycell assets in the virtual world through blockchain, it seeks to inject new functionality and ideas into existing assets, thus generating higher value and achieving true blockchain innovation.
