Piggycell Teams Up with IoTeX to Broaden DePIN-Driven Charging Network

This partnership seeks to incorporate IoTeX's DePIN technology into Piggycell's extensive charging landscape.

February 2025 – Piggycell , a frontrunner in decentralized physical infrastructure networks ( DePIN ) aimed at energy solutions, has declared a strategic collaboration with IoTeX , an innovative blockchain platform known for its modular DePIN infrastructure. This partnership is set to boost connectivity, enhance the user experience, and foster advancements in the decentralized charging realm.

Under the terms of this collaboration, Piggycell will embed IoTeX’s DePINscan and ioID into its existing systems, which will ensure higher levels of transparency, security, and operational efficiency as it manages more than 13,000 charging stations and 100,000 batteries throughout South Korea.

“This collaboration marks a transformative step in merging blockchain technology with tangible infrastructure. By utilizing IoTeX’s state-of-the-art solutions, Piggycell will create fresh avenues for both users and investors,” stated the CMO of Piggycell.

DePIN Innovation for a Smarter Charging Network

Unlike the outdated, singular infrastructure models, IoTeX introduces a modular design for DePIN , enabling Piggycell to incorporate top-tier blockchain tools into its current framework. This approach will also facilitate a collaborative deal pipeline , resource exchange, and shared marketing efforts aimed at amplifying acceptance in the Web3 ecosystem and beyond.

Together, Piggycell and IoTeX aim to:

• Improve platform compatibility for a frictionless user experience.
• Launch joint incentive programs designed to enhance user participation.
• Utilize DePINscan and ioID for secure and transparent financial transactions.
• Boost brand visibility through cooperative marketing strategies.

“Here at IoTeX, we're committed to seamlessly blending real-world infrastructure with blockchain to provide security, transparency, and efficiency within decentralized ecosystems. Our alliance with Piggycell is a perfect fit for this vision, as we empower their expansive charging framework with our modular DePIN solutions. Together, we’re not just boosting interoperability—we're revolutionizing the energy infrastructure landscape in the Web3 age”, remarked the CEO & Co-founder of IoTeX.

A Growing DePIN Ecosystem

With about over 4 million active users , Piggycell is a dominant player in the South Korean mobile charging sector, holding an impressive 90% market foothold . The incorporation of IoTeX's DePIN technologies promises to enhance operational efficiency while also setting the stage for innovative revenue streams , such as tokenized energy credits and loyalty programs native to Web3.

IoTeX, recognized for its impactful contributions in DePIN alongside partners like Filecoin, Risc0, NearDA, and Espresso , continues to challenge the frontiers of decentralized infrastructure.

As worldwide interest in DePIN solutions rises , this collaboration strategically positions Piggycell and IoTeX at the cutting edge of the energy evolution powered by Web3 .

About IoTeX

IoTeX is the sole modular infrastructure platform of DePIN that seamlessly links smart devices and real-world data to blockchain environments. IoTeX’s data aggregation solution DePINScan delivers real-time intelligence on token valuations, transaction activities, interconnected devices, and the newest updates in the $28.2 billion DePIN landscape. Being the foremost provider of DePIN infrastructure, IoTeX enables new rewards stemming from devices and both on-and-off-chain interactions for users, transforming personal gadgets into community-driven economies, and tokenizing the concept of 'the data of everything.' Supported by a global assembly of over 60 research scientists and engineers, IoTeX also integrates its EVM-compatible L1 blockchain, off-chain computing middleware, and open hardware to connect billions of smart devices, equipment, sensors, and decentralized applications across both the physical and digital spheres. The IoTeX token is accessible on leading cryptocurrency exchanges, including Binance , Coinbase , and Crypto.com.

For more updates, visit:
🔗 Piggycell : www.piggycell.io
🔗 IoTeX : www.iotex.io