Piggycell Joins ICP Olympus Accelerator with New Investment

Piggycell Secures Investment and Joins ICP Olympus

Piggycell, an IoT-based blockchain RWA platform, has secured significant investment from the global mainnet Internet Computer (ICP) and joined the ICP Olympus accelerator program. This strategic move is set to enhance Piggycell's Charge To Earn (C2E) platform, which integrates IoT technology for battery charging benefits. With a user base exceeding 3 million, Piggycell stands as the leading power bank sharing service in Korea.

ICP Olympus Accelerator Program

Launched in April 2024, the ICP Olympus program aims to support promising projects within the ICP ecosystem. Operated by the DFINITY Foundation in Switzerland, this accelerator ranks 24th globally according to Coinmarketcap data as of June 2024. It provides mentorship and investment from industry leaders such as Fenbushi Capital and Softbank Vision Fund, facilitating the growth of high-quality projects.

Strategic Goals and Future Plans

Piggycell's participation in the ICP Olympus program aligns with its goal to become a global leader in blockchain innovation. The platform plans to conduct a closed beta test (CBT) followed by an official launch within the year. The initiative aims to blend real-world and digital assets, leveraging blockchain technology to enhance asset functionality and value.

Pioneering Blockchain Innovation

Piggycell is at the forefront of integrating blockchain technology into practical applications, driving mass adoption and innovation. By creating digital twins of existing Web2 assets, it seeks to redefine asset functionalities and philosophies, marking a significant step toward achieving blockchain’s full potential.

Piggycell’s strategic investment and participation in the ICP Olympus program position it for substantial growth and innovation in the blockchain space, promising enhanced global reach and technological advancement.