According to Odaily, Piggycell, an Internet of Things (IoT) based RWA project, has announced the completion of a new round of funding. The specific amount of funding and valuation details have not been disclosed. Following this round of funding, Piggycell will join the Internet Computer (ICP) Olympus accelerator program.
Piggycell is a decentralized platform based on the South Korean shared power bank service, Piggycell. Users can experience the IoT-based 'Charge to Earn (C2E)' service while charging. It is reported that Piggycell plans to conduct closed beta testing (CBT) for its C2E platform and launch it within this year.
The participation of Internet Computer in the funding round highlights the growing interest in IoT-based projects. The integration of Piggycell into the ICP Olympus accelerator program is expected to provide a significant boost to the project, facilitating its development and expansion. The upcoming closed beta testing and the planned launch of the C2E platform within the year indicate Piggycell's commitment to advancing its services and providing innovative solutions in the IoT space.