【News Release – Singapore, Singapore, July 4, 2024】
Piggycell, a blockchain RWA project based on the Internet of Things, has received 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 top-ranked 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 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 projects within the ICP ecosystem, through investment and mentorship participation from firms including Fenbushi Capital, SoftBank Vision Fund, and Cypher Capital.
Jake Park, CEO of ICP HUB Korea, stated, “Through investment in Piggycell and participation in ICP Olympus, we will fully support the development of the Piggycell project into a top global project and showcase ICP’s technology and stability through Piggycell.”
The Piggycell C2E platform is planning to undergo a closed beta test (CBT) and will be officially launched later this year.
About Piggycell
The Piggycell project is a pioneering initiative aimed at driving the real-world application and mass adoption of blockchain technology. By creating a digital twin of successful Web2 projects’ assets on the blockchain in the virtual world, it seeks to inject new functionality and concepts into existing assets, thereby generating higher value and achieving true blockchain innovation.