Hivello receives strategic investment, Token is about to launch

Hivello, as a platform focused on DePIN (Decentralized Physical Infrastructure Network) aggregation, recently announced a new round of strategic financing. The platform allows users to earn rewards on multiple decentralized networks by contributing idle computing resources.

This round of financing will be used to promote the innovative development of Hivello, accelerating the simplification and popularization of DePIN technology. Hivello's core goal is to make the DePIN network easier to use by aggregating different DePIN protocols, helping users leverage idle computing resources to earn returns across multiple Web3 protocols. Hivello is committed to eliminating the technical barriers of decentralized networks, allowing more people to participate in the Web3 ecosystem without requiring specialized knowledge.

It is worth noting that Hivello's Token Generation Event (TGE) will take place today and will be launched simultaneously on two trading platforms, marking a new stage in the development of the Hivello ecosystem. $HVLO Token will become the core of Hivello's decentralized economy, used for staking, rewards, and broader participation in the DePIN ecosystem.

The current round of investors has invested in over 540 projects in the Web3 field, dedicated to promoting digital property rights and decentralized projects, and assisting in the development of the open metaverse. This investment will allow Hivello to benefit from the investors' rich experience and innovative technology, accelerating its layout in the DePIN field, enabling more users to earn rewards by contributing computing resources.

Hivello focuses on making the DePIN network more user-friendly and accessible, eliminating the technical barriers for users entering decentralized networks. The mission of the investors is to empower global users and promote the development of digital property rights, with both companies concentrating on providing genuine ownership and autonomy of digital assets.

An executive from the investor stated: "We are committed to building a fairer digital ecosystem, allowing all users to enjoy the benefits of digital property rights. We are very pleased to support Hivello, making the DePIN network more user-friendly and promoting the development of true digital ownership and an open metaverse."

Domenic Carosa, co-founder and chairman of Hivello, stated: "We warmly welcome the strategic investors and lead investors in this round of financing. Their expertise and innovative experience in the digital field and blockchain industry will greatly support Hivello's development."

$HVLO Token will be issued by the Swiss HVLO Association and authorized by Hivello Holdings.

This financing and the token launch are undoubtedly an important milestone for Hivello. It not only provides necessary financial support for Hivello but also injects new momentum into its future development through cooperation with industry-leading enterprises. With the continuous development and popularization of DePIN technology, Hivello is expected to occupy an important position in this rapidly growing market.