1. Web3 Infrastructure Revolution: On-chain Value Reconstruction of Physical Assets

As the leader in shared power banks with over 90% market share in South Korea, Piggycell has achieved a digital leap for 13,000 charging stations and 100,000 batteries through blockchain technology. Its core innovation lies in constructing a 'twin system' that deeply integrates physical facilities with digital assets — each physical charging station corresponds to an on-chain NFT, realizing ownership fragmentation and income rights securitization. By converting the hourly earnings generated by charging piles into verifiable on-chain data, Piggycell has created the first physical asset network that automatically allocates income through smart contracts.

At the technical architecture level, Piggycell builds its underlying system on the Internet Computer blockchain. Leveraging its unique 'reverse Gas model' and container smart contract technology, the platform processes hundreds of thousands of rental transactions daily, with points generated by user charging behavior recorded in a decentralized container in real-time, ensuring data transparency and immutability. This architecture retains a Web2-level user experience while achieving a Web3-level trust mechanism.

2. Dual Drivers of DePIN+RWA: Building a New Paradigm for the Physical Facility Economy

1. Asset Tokenization Framework

  • NFT Fragmented Certainty: Each charging station mints a dedicated NFT based on geographic location, with holders enjoying corresponding device revenue sharing rights. The first round of minting 5,000 NFTs adopts a dynamic allocation mechanism based on regional sales data, with rare NFTs carrying a 2-3x revenue boost.

  • Smart contract automation: Earnings generated by devices are automatically converted into points (Point) through on-chain smart contracts, which users can exchange 1:1 for PGC tokens. All transaction records are recorded on-chain in real-time, allowing investors to verify income distribution at any time.

  • Liquidity enhancement design: NFTs circulate freely in mainstream markets like Magic Eden and OpenSea, with new holders instantly inheriting revenue rights, forming an innovative model that separates liquidity from ownership.

2. Decentralized Physical Infrastructure Network (DePIN)

Piggycell's innovative Depin model breaks through traditional single device revenue models, building a regional economic community:

Regional revenue pool aggregation: Summarizing the earnings of all charging stations within a specific administrative region, distributed according to NFT holding proportions.

Three-tier incentive system:

  • Dominate to Earn: Earn passive income by holding regional NFTs

  • Charge to Earn: User rental behavior triggers smart contract rewards

  • Challenge System: Merchants can issue LBS tasks to incentivize nearby users

3. On-chain Reconstruction of Physical Business Scenarios

1. Offline Traffic Value Capture

By collaborating with local business giants like Ediya Coffee and Yanolja, Piggycell charging stations have upgraded to LBS commercial hubs:

  • Merchant empowerment system: Stores receive a 20% share of device earnings, making charging stations a low-cost customer acquisition entry point.

  • Gamified operation mechanism: Users earn token rewards by 'occupying' charging stations, with daily usage frequency increasing threefold.

  • Localized service network: Dynamically optimizing the supply-demand matching of 100,000 batteries based on 3 million user behavior data.

2. RWA Asset Circular Ecosystem

  • Investment closed-loop design: Investors participate in new device deployment through PGC tokens, and devices go live as cash flow-generating RWA assets.

  • Dynamic expansion mechanism: A demand-driven infrastructure expansion model where user requests directly trigger new device fundraising.

  • Secondary market circulation: Device NFTs and regional NFTs create a dual-layer trading market with an annual turnover rate of 400%.

4. Technical Architecture Innovation: Enterprise-level Blockchain Solutions

Piggycell chooses the Internet Computer blockchain as its technological foundation, achieving three major breakthroughs.

  1. Reverse Gas model: Users complete on-chain interactions without awareness, maintaining a Web2-level user experience.

  2. Containerized smart contracts: Utilizing subnet architecture to handle peak transaction volumes exceeding 200,000 daily.

  3. Decentralized database: The user points system operates entirely on-chain within containers, eliminating centralized data risks.

This architecture has passed a million-dollar stress test completed in February 2025, validating its commercial viability through a seed round led by Animoca Brands. In the upcoming closed testing phase, the platform will demonstrate its operational capabilities for a DePIN network supporting millions of physical devices.

By transforming the physical charging network into programmable on-chain assets, #Piggycell has successfully built a value bridge connecting the physical world and the digital economy. This innovative model of integration #DePIN and #RWA provides a replicable industry template for the blockchain transformation of physical commerce. #icp $ICP