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

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

Piggycell is a blockchain RWA platform that users can expereince IoT based Charge To Earn 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 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 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 project is a pioneering initiative aimed at driving real-world applications and mass adoption of blockchain technology.

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