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Piggycell to Tokenize Charging Network via Blockchain Migration

Piggycell’s $PIGGY token launch marks a key step in globalizing real-world asset tokenization, backed by South Korea's largest shared charging network.

BNB

Summary

Piggycell has launched its $PIGGY token on the BNB Chain with a total supply of 100 million tokens. The project, which operates the largest shared charging network in South Korea with over 14,000 stations and 4 million users, integrates real-world charging data and physical infrastructure to create a verifiable on-chain economy. This milestone in real-world asset tokenization opens the door for users to participate via centralized exchanges (CEXs).

Terms & Concepts
  • $PIGGY Token: A utility token issued by Piggycell, used for participating in its on-chain economy and benefiting from the network's real-world assets.
  • BNB Chain: A blockchain platform developed by Binance, known for its low transaction fees and fast processing times, used for decentralized applications and token issuance.
  • Real-World Asset (RWA) Tokenization: The process of converting real-world assets, like physical infrastructure or data, into digital tokens on a blockchain to enable easier transfer, ownership, and liquidity.