Pigzbe, a blockchain-powered digital piggy bank for families has taken the top spot at the international ICO Race in Lugano Switzerland, beating 19 other competing ICO finalists to claim the lion’s share of the $1 million prize pool.
Wollo, Pigzbe’s utility token will also be listed on Bitfinex, a leading cryptocurrency exchange platform, which will bring liquidity to the Pigzbe ecosystem and make its gaming experience better for families.
Pole position also nets Pigzbe pre-sale investment to the value of $600,000. The UK-based fintech startup was praised for the problem-solving nature of the product and its truly global appeal.
Pigzbe uses the blockchain to make money transfers within families borderless, safe, and instant. It pairs a physical device with an app that turns gifting and saving into a game, while allowing families to transfer as little as a penny between one another globally, and within seconds.
The team will be using the investment to accelerate its business roadmap – and will be pushing on with its full public ICO in July.
Pigzbe has been designed and developed by an international team including Jon Marshall, of Kano renown, Matt Brown who spent five years in the experimental interface design department at Apple in Cupertino, and developer Ian McGregor who has worked for the likes of Nike, Google and Pokemon Go. Between them, the senior team has experience from among the most innovative and successful companies in the world including Apple, IBM, and NASA. At the heart of their design concept, they wanted to ensure that it completely simplified the ideas of blockchain and cryptocurrency for families.