The Pigzbe Wallet Hits $7.2 Million in Funding for ICO

Pigzbe, which is a digital ‘piggy-wallet’ that runs on a native crypto coin called the Wollo, recently, hit $7.2 million in total funding through an ICO. The company says that they now have just $1.2 million worth of WLO remaining. They added that they could now guarantee delivery of the project after they surpassed their soft cap of $2.85 million.

Piqzbe wants to accelerate the uptake and acceptance of crypto globally by introducing families to the crypto world safely and securely. The Pigzbe project is designed with the goal of teaching kids about the digital coins and the basic principles of how finance works in the 21st century.

The Pigzbe project pairs a physical device with the wallet app, it gamifies the earning, saving, and spending of money. The company besides this project is a fintech that operates out of London. Filippo Yacob, a Forbes 30-Under-30 honoree, created it. Other co-creators of the project are Jon Marshall, a designer of Kano computer and pentagram partner, and various former employees of Google, Visa, PayPal, and Apple.

Besides the ongoing successful crowdsale, Pigzbe also came in at first place in the ICO Race held in Lugano, Switzerland. This is the highest ICO prize globally at $600K. The prize also comes with a listing on Bitfinex, one of the biggest crypto exchanges globally.

The project won the prize after beating 19 other competitors. Thanks to the listing on Bifinex, it will bring liquidity to the Pigzbe ecosystem and help to make the gaming experience fun for families.

During the award ceremony, the fintech was praised for its problem-solving nature and its global appeal. The $600K went into the project, accelerating its development and helping to meet its deadline in launching its now successful ICO.

Filippo Yacob, the CEO, said that by creating a blockchain piggy bank powered by the blockchain, the company was giving a generation of kids financial superpowers. Their project would also help families get to understand crypto.

He added that the $7.2 million they had managed to raise thus the prospects of building a blockchain product for the masses was good. This was a project that was resonating with token buyers and leaders in the crypto world. By sailing past the soft, he said that the project was already guaranteed to deliver on its promise. Once they had concluded the ICO on October 31, there would be nothing standing in their way.

Combined with the fact that the team working at pigzbe has already worked on some of the top projects on earth such as Apple, IBM, and NASA, this is a recipe for success. If you have been looking for a project in which you can invest, Pigzbe is as good as it gets. Even before it has launched, the idea is already getting accolades on an international level and winning the top prize in the crypto industry.

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