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Piggycell announces Investment from 26 ICP Hubs to Accelerate Global DePIN Expansion

April 21, 2025
in Crypto News
Reading Time: 2 mins read
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Piggycell announces Investment from 26 ICP Hubs to Accelerate Global DePIN Expansion
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Subheadline: 

Partnership with major Korean brands will bring blockchain-powered charging stations to coffee chains and travel platforms across Korea.

Body: 

Piggycell, a Web3-native charging and reward platform with 3.5 million users and 100,000 deployed devices, has secured investment from 26 ICP Hubs across the globe following its $10 million seed round led by Animoca Brands in February 2025.

This investment will accelerate Piggycell’s integration of blockchain technology with its existing portable power bank network. The platform enables users to earn points through everyday charging activities, with these rewards stored in decentralized Internet Computer canisters rather than centralized databases. Users can exchange these points for PGC tokens—an Internet Computer-based token—creating a transparent reward system that processes hundreds of thousands of rental transactions monthly.

This is a major leap for Piggycell,” said John Lee, Founder of Piggycell. “The Internet Computer’s unique features, including the ‘Reverse Gas’ model and powerful canister smart contracts, make it exceptionally well-suited for managing our large-scale transaction loads efficiently. With support from these 26 Internet Computer Hubs, we’re becoming a key application within the ICP ecosystem while maintaining a seamless user experience.

Piggycell’s closed beta test (CBT) and token airdrop are scheduled for April 2025, with strategic expansion through partners planned throughout Q2-Q3. The company has already signed power bank distribution agreements with major brands like Yanolja and Ediya Coffee, Korea’s largest coffee chain, which will significantly expand the real-world footprint of the network while showcasing how decentralized physical infrastructure can operate at scale.

The platform leverages the Internet Computer blockchain to implement decentralized points across its services. Rather than storing user data in centralized Web2-style server databases, Piggycell uses Internet Computer canisters to build a decentralized user database. Core features such as user point accumulation and burning are handled transparently through smart contracts to ensure the service’s trustworthiness while maintaining the performance needed for high transaction volumes.

[Piggycell]
Piggycell is a Web3-powered DePIN and RWA platform that transforms everyday charging infrastructure into a decentralized, community-owned network. By combining real-world devices with blockchain-based ownership and reward systems, Piggycell enables users to earn through charging, challenges, and NFT-linked infrastructure. With millions of users and a fast-growing physical footprint, Piggycell is bridging the gap between Web2 utility and Web3 incentives — making blockchain benefits accessible without the complexity. Through gamified features and seamless UX, Piggycell redefines charging infrastructure as something users can own, earn from, and grow together.

For more information, please visit: https://www.piggycell.io/home

[Internet Computer]
The Internet Computer (ICP) represents a fully decentralized web3 cloud platform, enabling developers to deploy code directly onto the blockchain without relying on servers or centralized infrastructure. This fast, cost-efficient, and highly scalable protocol redefines the operational paradigm of a decentralized web3 platform. ICP offers the same functionalities as centralized clouds but with economically efficient computation, heightened security, and rapid processing speeds intrinsic to decentralized technology.

Contact Information

Media Contact: [katherine]
Email: [[email protected]]
Website: [https://www.piggycell.io/home]


Credit: Source link

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