Author: Weilin, PANews
DePIN (decentralized physical infrastructure network) has become one of the hot tracks in this cycle, and Hivello, as a project in this field, has attracted attention with its innovative DePIN aggregator. Hivello provides users with a convenient one-stop App, through which users can contribute resources and participate in the DePIN protocol mining of Web3 applications without professional technical knowledge, thereby unlocking a new way of income.
One-stop DePIN aggregator without any barriers
DePIN uses blockchain technology to decentralize power throughout the network, rather than concentrating it in the power of one organization. DePINs offer an alternative model: a peer-to-peer (P2P) network that allows entities (using their own hardware) to provide resources directly to consumers and participate in network governance. DePIN covers multiple areas, including artificial intelligence, storage, graphics rendering, energy, supply chain management, and more.
As a DePIN aggregator, Hivello simplifies the process of user participation and provides users with an intuitive and easy-to-use platform to earn income through idle computing resources in multiple decentralized networks. Users can easily start mining and benefit from it without having to master complex technical knowledge.
Through Hivello’s one-stop app, users can participate in the mining of the DePIN protocol by interacting with the project and earn points and tokens by contributing resources to the network.
Hivello has several unique advantages. First, the entry threshold is low. Users can complete resource deployment and start mining in a few minutes through the Hivello App without any technical background. Second, Hivello provides users with convenient DePIN protocol management, making the user experience smoother.
In addition, Hivello supports multiple payment methods and is highly flexible. In the future, based on artificial intelligence, Hivello will continue to optimize user experience and improve mining efficiency.
Hivello was founded in 2022. Hivello's core team has a deep industry background and entrepreneurial experience. Its co-founder and chairman is Dom Carosa, whose entrepreneurial journey spans several decades and has founded several successful companies, including Banxa and Unith.AI, and he has played an investment role in more than 50 technology companies.
Andrew Smith, Co-founder and CEO, has extensive fintech experience, having co-founded Banxa. Justin Rosenberg is Hivello’s CFO, bringing financial rigor to the team. Simon Crean serves as both CTO and CPO, seamlessly combining technical expertise with product innovation. At Hivello, Crean played an important role in ensuring the platform was both user-friendly and able to meet the complex needs of DePIN.
Received strategic financing led by Animoca Brands and will combine AI-driven
On February 10, Hivello announced that it had received a strategic investment led by Animoca Brands. The financing will be used to promote Hivello's innovative development and accelerate the simplification and popularization of DePIN technology. In this round, Taisu Ventures, NGC, Blockchange and Contango participated in the investment. Previously, on December 14, 2023, Hivello completed a $1 million Pre-Seed round of financing, with participation from NGC, Blockchain Founders Fund, Side Door Ventures, IDG and others.
In addition to this development, Hivello has also released a roadmap and announced its full-year plans:
- 2025Q1: Launch referral earning program and issue $HVLO tokens, while adding more high-yield DePIN networks. Implement custodial wallet function.
- 2025Q2: Implement membership tiers and allow users to withdraw any type of funds (crypto, stablecoin or fiat)
- Q3 2025: Focus on API/SDK development and add more DePIN networks.
- Q4 2025: Hivello Intelligence will increase earning potential at the individual level through AI-driven reward optimization.
More DePIN networks will be added every quarter, with the goal of reaching 50 networks by the end of 2025.
These investments and plans provide sufficient financial and directional support for Hivello's future development. The support for fiat currency will open the door for users to enter and lower the threshold for non-crypto users to enter the DePIN world. The combination of technology trends and AI will also promote the upgrade of user experience.
As the core of decentralized economy, HVLO tokens have been listed on many exchanges
On February 11, Hivello held a Token Generation Event (TGE) on the Solana network, and was simultaneously launched on Gate.io and MEXC exchanges, and has also been listed on Raydium. The $HVLO token will become the core of Hivello's decentralized economy, mainly used for staking, rewards, and participation in the broader DePIN ecosystem.
The total supply of $HVLO is 10 billion, and 5% of the tokens will be unlocked during TGE.
The HVLO token allocation strategy is as follows:
- Ecosystem incentives (25.3%): Reward users who contribute resources and support continued participation.
- Team and Advisors (15%): Reserved for core team members, with a lock-up period to ensure alignment with long-term goals.
- Marketing and Community (10%): For promotion and community building.
- Liquidity and Exchange Listing (20%): Ensure token accessibility and stable trading volume.
- Reserve Fund (10%): to cope with future changes in demand and adapt to market changes.
At the same time, Hivello tokens have a clear GTM (Go to Market) strategy, which is to target mass user adoption in the B2B and B2B2C sectors within the DePIN ecosystem. Focus on user acquisition and retention, incentivizing early and continuous use of Hivello applications. The long-term strategy is continuous feature development and integration to increase the utility of the token and ensure its core role in network operations. Continuous evaluation of the governance mechanism of the decentralized ecosystem.
In terms of token economics design, the token HVLO serves as the utility token of the Hivello protocol, which ensures that users have direct incentives to participate in the platform. For example, users can reduce their commission fees and unlock premium services by acquiring and using tokens. A huge future application scenario is that many DePIN networks require nodes to stake a large number of native tokens. Users will be able to stake HVLO to access these DePIN networks at a very low cost and without much technical knowledge. This provides users with a reason to continue using Hivello while enjoying the platform's unique services. In addition, HVLO is also used to promote B2B2C partnerships and achieve network effects. Hivello encourages long-term holding and staking of tokens, and staking returns increase over time, thereby cultivating loyalty and reducing user churn.
With its low-threshold DePIN aggregator platform and innovative token economic system, Hivello not only provides users with an easy way to participate, but also injects new vitality into the decentralized physical infrastructure network (DePIN) track.
