What is Piggylet
Piggylet is a DeFi protocol designed to empower NFT holders with the ability to access liquidity without having to sell their NFTs by facilitating borrowing opportunities. Simultaneously, Piggylet enables DeFi investors to generate yield through lending, with NFT assets serving as collateral. Piggylet’s primary objective is to democratize NFT-Backed Lending, catering to a wider range of NFT ecosystems than current platforms, which tend to focus exclusively on blue-chip and high-value NFTs, leaving many collections underserved.
By developing a robust and secure platform that accommodates a diverse array of NFT collections, Piggylet aims to create an inclusive borrowing and lending experience for all participants. In doing so, Piggylet fosters innovation and accessibility in the rapidly growing NFT market, benefiting both NFT holders and DeFi
Piggylet Roadmap
Q1 2022
- Piggylet concept inception
- Market research and competitor analysis
Q2 2022
- Defined differentiation points and value proposition
- Manifesto creation and smart contract development
Q3 2022
- UI/UX and back-end development
- In-house testing and optimizations
- Marketing operations launch and content distribution
Q1 2023
- Achieved 9k+ Twitter followers milestone
- Gained 1k Discord members and community engagement
- Partnerships, improvements
- Reach 10K Twitter followers
Q2 2023
- Publish Testnet – Liquidation Marketplace & P2P Lending
- Reach 10K Twitter followers
- Finalize the tour
- Seed VC Round has started
Q3 2023
- Piggylet goes live with P2P Lending and liquidation marketplace
- Piggylads NFT
- Start the marketing engine (Analytics & Metric based marketing)
- Seed VC Round is concluded.
Q4 2023
- 1000 cumulative P2P transaction
- Vaults (Complete NFT-Backed Lending Market)
- Piggystats (NFT Analytics Platform)
- Private Round is started.
Q1 2024
- Traction on vault & fragments market
- 1000 monthly transaction
- Private Round is concluded.
Q2 2024
- PiggyToken Live
- $PLET Public Sale
2025
- 5000 monthly transactions
- Piggylads Moon Mission NFT
2026
- First asset-backed NFT usage for borrowing
- 1000 asset-backed lending transactions
2027
- Piggylet DAO is live
- $PDAO token is distributed for the governance
