Piggycell, a Web3-based charging platform, successfully secured investments to enhance its blockchain-powered charging station network. Key aspects include funding acquired and strategic partnerships.
Investments and Support
Piggycell, boasting 3.5 million users and 100,000 deployed devices, attracted investment from 26 ICP Hubs worldwide after its $10 million seed round led by Animoca Brands in February 2025.
Technological Solutions of Piggycell
The platform leverages the Internet Computer blockchain to store user points in decentralized canisters, creating a transparent reward system. Instead of storing user data in centralized databases, Piggycell manages transactions through smart contracts, ensuring reliability and high performance.
Future of the Platform and Partnerships
Piggycell's closed beta test and token airdrop are scheduled for April 2025. The platform has signed distribution agreements with major brands, such as Yanolja and Ediya Coffee, which will expand the network and showcase decentralized infrastructure capabilities.
Piggycell is making significant strides towards integrating blockchain into everyday charging infrastructure, and with new investments and partnerships, the platform's growth prospects are looking very promising.