Piggycell, a leader in decentralized physical infrastructure networks for energy solutions, has announced a strategic partnership with IoTeX, a blockchain platform specializing in modular DePIN infrastructure. The collaboration aims to enhance connectivity, improve user experience, and drive innovation in the decentralized charging ecosystem.
DePIN Innovation for a Smarter Charging Network
As part of the agreement, Piggycell will integrate IoTeX's DePINscan and ioID into its platform, allowing for greater transparency, security, and efficiency in managing its extensive network of over 13,000 charging hubs and 100,000 batteries across South Korea. IoTeX provides a modular approach to DePIN, allowing Piggycell to integrate best-in-class blockchain tools with its existing network. This includes enhancing platform interoperability, introducing mutual incentive programs, using DePINscan and ioID for secure transactions, and expanding brand awareness through joint marketing efforts.
A Growing DePIN Ecosystem
With over 4 million active users, Piggycell dominates the South Korean mobile charging market, boasting a 90% market share. The integration of IoTeX’s DePIN modules will not only enhance operational efficiency but also pave the way for new revenue models, including tokenized energy credits and Web3-native loyalty programs. IoTeX, known for its contributions to DePIN with partners such as Filecoin, Risc0, NearDA, and Espresso, continues to push the boundaries of decentralized infrastructure.
About IoTeX
IoTeX is DePIN's only modular infrastructure platform connecting smart devices and real-world data to blockchains. IoTeX's data aggregator solution DePINScan provides real-time data on token market caps, transactions, connected devices, and the latest news in the $28.2 billion DePIN ecosystem. IoTeX facilitates new rewards from devices and on/off-chain activity for users, turns personal devices into communal economies, and tokenizes the 'data of everything.'
This partnership positions Piggycell and IoTeX at the forefront of the Web3-powered energy revolution, opening new opportunities for innovation and technology deployment in decentralized infrastructure networks.
