London, June 25: Pigzbe, the digital piggy-wallet, which runs on a new bespoke cryptocurrency, Wollo (WLO), will launch its ICO on the 4th July. The brainchild of Forbes 30 Under 30 entrepreneur Filippo Yacob, the startup has already raised over $6m in its private pre-sale to date, flying past its soft cap of $2.85m which guarantees platform and product delivery for Q2 2019.

In addition to a successful pre-sale, earlier this month Pigzbe won first place at The ICO Race in Lugano, Switzerland. The competition, which awards the highest ICO prize in the world, saw Pigzbe compete with 19 other companies for the top prize of $600k and an exchange listing.

Yacob, the entrepreneur behind Randi Zuckerberg-backed coding toy Cubetto, has created the Pigzbe piggy wallet, with the aim of teaching children about money and basic financial principles for the 21st-century. It pairs a physical device (a piggy-wallet) with an app to turn microfinancing and saving into a game.

Pigzbe’s offering will enable families to give pocket-money to children regardless of where they are in the world, instantly, and at a fraction of the current cost of international remittances.

Uniquely, those purchasing a specific amount of Wollo will be offered a Pigbe console or cold storage wallet, making it the first ICO with a physical reward. Users who purchase 5,000 Wollo will receive a Pigzbe Pink console, and users who purchase 10,000 Wollo will receive both a Pigzbe Pink console and a Pigzbe Black cold storage wallet.

The public ICO will launch on July 4, and there will be 13.5 million Wollo available at 0.12 USD, with a hard cap of $8.85m. In preparation for its ICO, Pigzbe’s whitelisting opened this week on Eidoo’s ICO Engine.

Filippo Yacob, CEO and Founder said:

“Winning the ICO-Race on 7th June has been a phenomenal boost for the project. The phones haven’t stopped ringing since — it’s been a little crazy. We’ve already shot past our $2.86m soft cap with over $6m raised in pre-sale, which means we can guarantee delivery of our platform and product for Q2 2019. And now the whitelisting is open, we’re preparing for a great ICO on 4th July, and then its full steam ahead with execution.”

The team behind Pigzbe and Wollo include world-leading names in design, gaming, crypto, finance and technology. Together, the senior team brings experience from some of the world’s most innovative and successful companies including Apple, IBM and NASA.

For updates, join the Telegram group at https://t.me/PigzbeIC

ENDS

For more information, images, or interview requests, please contact:

Natasha Nikolovski

Third City PR

T: 020 3957 6461

M: 07754380153

E: natasha@thirdcity.co.uk

Emily Goodbrand Dillon

Third City PR

T: 020 3668 6906

M: 07720 397 747

E: emily@thirdcity.co.uk

About Pigzbe

Pigzbe is a London-based fintech company that enables micro-financing for families worldwide by giving parents and children access to products and services that accelerate financial literacy. We are a team of award-winning designers, thinkers, and makers who have delivered products and services to millions of people for brands like Apple, Google, NASA, Primo, and Kano. We know the world is changing and our mission is to give families the tools to help children become financially knowledgeable, confident, and independent. For more information visit pigzbe.com and join us on Telegram t.me/pigzbeico

About Filippo Yacob

A Forbes 30 under-30 class of 2017 honouree, Filippo founded Pigzbe with a simple mandate: Find a better way to introduce money and finance to his son. Filippo is also the creator of Cubetto, the most heavily crowd-funded ed-tech project in Kickstarter’s history ($1.6m). He is also an award-winning creative (Cannes Lion Gold, Red Dot Award — Best of the Best) with a passion for design, technology and education. Filippo Yacob is a social entrepreneur’s who’ ambition is to create innovative products that allow families to come together over new technologies.