IoT-Primarily based RWA Mission Piggycell Beneficial properties Funding from Public Mainnet Web Laptop

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Chainwire, Singapore, 4 July 2024

Piggycel, an IoT-based blockchain RWA mission, has secured funding from international mainnet Web Laptop (ICP) and joined the ICP Olympus accelerator program.

Piggycell is a blockchain RWA platform that enables customers to expertise IoT-based Cost To Earn (C2E) whereas charging their batteries. It’s a decentralized platform linked to Piggycell, Korea's No.1 energy financial institution sharing service with over 3 million customers.

The ICP Olympus Program, introduced in April 2024, is an L1 mainnet accelerator program run by the Swiss DFINITY Basis and is ranked twenty fourth on the planet (based on Coinmarketcap knowledge as of June 23, 2024). Fenbushi Capital, SoftBank (OTC:) Imaginative and prescient Fund, Cypher Capital, and others take part as traders and mentors on this program to assist promising initiatives develop into high-quality large-scale initiatives inside the ICP ecosystem.

Jake Park, CEO of ICP HUB Korea, stated, “By this funding in Piggycell and the approval of ICP Olympus' participation, we’ll totally help the Piggycell mission to develop right into a world-class mission, and we hope to showcase ICP's technological capabilities and stability by Piggycell.”

The Piggycell C2E platform is planning a closed beta check (CBT) and is anticipated to be formally launched later this 12 months.

About Piggycell

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The Piggycell mission is a pioneering initiative aimed toward accelerating real-world functions and mass adoption of blockchain know-how. By creating digital twins of already profitable Web2 mission Piggycell belongings within the digital world through blockchain, it goals to infuse current belongings with new performance and philosophies, creating greater worth and realizing true blockchain innovation.

contactsupervisorDanielPiggy CellGood day.

This text was first revealed on Chainwire