BlockBeats News, October 10th: Following LongiTech’s on-chain implementation of electric vehicle charging infrastructure and completion of a 1 billion RMB financing through AntChain, RWAs (Real World Assets on-chain) are once again seeing a new development trend. Similar to Pendle, Piggycell adopts an “Ownership and Yield Separation” RWA architecture, particularly well-suited for the energy scene.
Currently, Piggycell is focusing on light asset shared power banks to accelerate their on-chain application; at the same time, they will expand the ecosystem from Web2 to Web3, expecting to cover electric bicycles, electric golf carts, and other charging infrastructure. Shared power banks are just the beginning, as the project has made a good start through NFT binding and the Charge-to-Earn model.
