Collaboration aims to integrate IoTeX’s DePIN technology with Piggycell’s vast charging network
February 2025 – Piggycell, a leader in decentralized physical infrastructure networks (DePIN) for energy solutions, has announced a strategic partnership with IoTeX, a pioneering blockchain platform specializing in modular DePIN infrastructure. The collaboration aims to enhance connectivity, improve user experience, and drive innovation in the decentralized charging ecosystem.
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.
“This partnership represents a significant leap forward in bridging blockchain technology with real-world infrastructure. By leveraging IoTeX’s cutting-edge solutions, Piggycell will unlock new opportunities for users and investors alike,” said CMO of Piggycell
DePIN Innovation for a Smarter Charging Network
Unlike traditional monolithic infrastructure solutions, IoTeX provides a modular approach to DePIN, allowing Piggycell to integrate best-in-class blockchain tools with its existing network. This includes a reciprocal deal pipeline, resource-sharing, and mutual marketing efforts to scale adoption across Web3 and beyond.
Through this collaboration, Piggycell and IoTeX will:
- Enhance platform interoperability for a seamless user experience.
- Introduce mutual incentive programs to drive engagement.
- Leverage DePINscan and ioID for secure, transparent transactions.
- Expand brand awareness via joint marketing initiatives.
“At IoTeX, our mission is to seamlessly integrate real-world infrastructure with blockchain technology, bringing security, transparency, and efficiency to decentralized ecosystems. Partnering with Piggycell aligns perfectly with this vision, as we empower their expansive charging network with our modular DePIN solutions. Together, we’re not just enhancing interoperability—we’re redefining how energy infrastructure operates in the Web3 era” said CEO & Co-founder of IoTex
A Growing DePIN Ecosystem
With nearly 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.
As global interest in DePIN solutions grows, this partnership positions Piggycell and IoTeX at the forefront of the Web3-powered energy revolution.
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. As the leading provider of DePIN infrastructure, 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.” Backed by a global team of 60+ research scientists and engineers, IoTeX also combines its EVM-compatible L1 blockchain, off-chain compute middleware, and open hardware to connect billions of smart devices, machines and sensors, and dApps across the physical and digital world. The IoTeX token is listed on major crypto exchanges, including Binance, Coinbase, and Crypto.com.
For more updates, visit:
🔗 Piggycell: www.piggycell.io
🔗 IoTeX: www.iotex.io
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
