Hivello Secures Strategic Investment, Focusing on DePIN Network Development

Hivello, as a platform focused on the decentralized physical infrastructure network ( DePIN ) aggregation, recently announced a new round of 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 income across multiple Web3 protocols. The platform is dedicated to eliminating the technical barriers of decentralized networks, allowing more people to participate in the Web3 ecosystem without the need for specialized knowledge.

Meanwhile, the token generation event (TGE) of Hivello has recently taken place and has been launched on multiple trading platforms, marking a new stage in the development of the Hivello ecosystem. The $HVLO token will become the core of Hivello's decentralized economy, used for staking, rewards, and broader participation in the DePIN ecosystem.

The investors in this round have extensive investment experience in the Web3 sector, having invested in over 540 projects in this field. They are committed to promoting digital property rights and decentralized projects, facilitating the development of an open metaverse. This investment will allow Hivello to benefit from the investors' rich experience and innovative technology, accelerating its layout in the DePIN field and enabling more users to earn profits through contributing computing resources.

Hivello focuses on making DePIN networks more user-friendly and accessible, eliminating the technical barriers for users to enter decentralized networks. The mission of the investors is to empower global users and promote the development of digital property rights. Both companies are dedicated to providing true ownership and autonomy of digital assets.

The representative of 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 in 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 this strategic investment. The expertise and innovative experience of the investors in the digital field and blockchain industry will greatly support the development of Hivello."

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

This financing and token listing marks an important milestone for Hivello in the DePIN field, which is expected to promote the further development and popularization of decentralized physical infrastructure networks. As more users participate in this ecosystem, we may see DePIN technology play a role in a wider range of application scenarios, contributing to the infrastructure construction of Web3.