Piggycell Secures $10 Million Funding to Expand Global DePIN Network

Piggycell, a Web3-native platform enabling decentralized charging and rewards, has received a substantial investment from 26 ICP Hubs. This funding will accelerate Piggycell’s integration of blockchain technology into its existing portable power bank network. By leveraging the Internet Computer (ICP), the company aims to develop a transparent reward system that processes hundreds of thousands of rental transactions monthly.

The platform enables users to earn points for everyday charging activities, storing these rewards securely on decentralized canisters rather than centralized databases. These rewards are exchanged into PGC tokens – an ICP-based token – creating a trustless and efficient reward system. Piggycell’s strategic partnerships with major Korean brands like Yanolja and Ediya Coffee will expand the platform’s real-world footprint in Korea, showcasing the potential of decentralized physical infrastructure at scale.