firebag1
3 weeks ago
Hivello Token ($HVLO) now Live
February 11 2025 - 9:27AM
InvestorsHub NewsWire
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Hivello Token ($HVLO) now Live
TORONTO ā February 11, 2025 -- InvestorsHub NewsWire -- Blockmate Ventures Inc (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH1) (āBlockmateā or the āCompanyā) is pleased to announce that its majority-owned subsidiary, Hivello Holdings Ltd, has had its $HVLO token commence trading on leading exchanges, Gate.io and MEXC.
$HVLOās token listing should unlock greater passive income functionality for its users and attract new ones. Ultimately, the token will enable more users to participate in blockchain mining, earn rewards, and leverage the token's utility across the growing DePIN ecosystem.
This milestone marks a significant step in Hivello's mission to revolutionize the Decentralized Physical Infrastructure Networks (DePIN) space by enabling seamless participation in decentralized computing. By connecting unused computing resources to decentralized networks, Hivello users can earn rewards while strengthening the DePIN ecosystem.
With over fifteen thousand nodes already active in its beta application, Hivello is leading the DePIN aggregation space. The platformās plug-and-play mining model removes the complexity of blockchain mining, making it accessible to both novice and experienced users.
Blockmate has not directly issued any tokens or received any proceeds from the token listing. The tokens are issued by the Swiss-based HVLO Association, under licence from Hivello Holdings Ltd.
Below is the press release from Hivello:
Hivelloās $HVLO Token Live on Gate.io and MEXC exchanges
London & Amsterdam, 11th February 2025 ā Hivello, a DePIN aggregator that enables users to earn by monetising idle computer resources across multiple decentralised networks, has announced their Token Generation Event (TGE) is live, and the $HVLO token is officially trading. This marks a significant milestone in Hivelloās mission to redefine- and expand the DePIN (Decentralized Physical Infrastructure Networks) ecosystem.
Key Dates and times:
Gate.io ā 11 February 2025, 10 AM UTC
MEXC ā 11 February 2025, 10 AM UTC
Raydium.io (Solana DEX) ā 12 February 2025, 11AM UTC
The company requests that interested individuals visit Hivelloās official website www.hivello.com for all the latest information, including the Contract Address (CA) for the smart contract.
The $HVLO token is important in Hivelloās ecosystem, incentivizing users to contribute compute, storage, and networking resources to DePIN protocols. By listing on Gate.io and MEXC, two of the industry's leading centralized exchanges, and Raydium, the largest decentralized exchange (DEX) on Solana, Hivello is ensuring deep liquidity and accessibility for a wide range of users.
Now that $HVLO is live on multiple exchanges, multiple benefits exist:
Stake $HVLO via www.hivello.com for an APY of 88%.
Expanding accessibility and benefits of $HVLO, enabling more users to participate in decentralized compute mining, earn rewards, and leverage the token's utility across the growing DePIN ecosystem.
Enhancing staking and governance functionalities for $HVLO holders, ensuring long-term engagement and sustainability.
Expanding partnerships with DePIN protocols and AI compute networks, driving broader adoption of decentralized infrastructure.
Scaling its network of decentralized node operators, making it easier for users worldwide to contribute to DePIN.
Hivello will be running an X Space event for people to tune in, details below:
Date & Time: 11th February, 2025, 2PM UTC
Link: https://x.com/i/spaces/1RDxlzEONrqGL
For the latest updates on staking, rewards, and DePIN integrations, users are encouraged to follow Hivelloās official channels:
Website: www.hivello.com
Twitter: https://x.com/HivelloOfficial
Discord: https://discord.com/invite/hivello
Telegram: @hivello_official
Domenic Carosa, Co-Founder & Chairman of Hivello, stated:
"Launching $HVLO and listing it on Gate.io, MEXC, and Raydium is a major achievement for Hivello and our growing community. These listings provide global accessibility, allowing more users to engage with decentralized compute and earn rewards through DePIN."
(ENDS)
About Gate.io
Founded in 2013, Gate.io is one of the top 5 cryptocurrency exchanges globally by real trading volume, providing secure, reliable, transparent, and authentic digital asset trading services to over 20 million users. For more information, visit www.gate.io.
About MEXC
Established in 2018, MEXC serves more than 30 million users in more than 170 countries. MEXC has an extensive range of popular tokens and airdrop options. Their platform provides safe and effective access to digital assets, catering to both novice traders and seasoned investors. MEXC places an emphasis on innovation and simplicity, which increases the accessibility and profitability of token trading.
About Hivello
Hivello is a DePIN aggregator that enables users to earn by monetising idle computer resources across multiple decentralised networks. The Swiss-based HVLO Association will issue the $HVLO token under license from Hivello Holdings Ltd.
For more information about Hivello and to stay updated on its developments, visit www.hivello.com
About Blockmate Ventures Inc.
Blockmate Ventures is a venture creator focussing on building fast-growing technology businesses relating to cutting-edge sectors such as blockchain, AI and renewable energy. Working with prospective founders, projects in incubation can benefit from the Blockmate ecosystem that offers tech, services, integrations and advice to accelerate the incubation of projects towards monetization. Recent projects include Hivello (download the free passive income app at www.hivello.com) and Sunified, digitising solar energy.
The leadership team at Blockmate Ventures have successfully founded successful tech companies from the Dotcom era through to the social media era. Learn more about being a Blockmate at: www.blockmate.com.
Blockmate welcomes investors to join the Companyās mailing list for the latest updates and industry research by subscribing at https://www.blockmate.com/subscribe.
ON BEHALF OF THE BOARD OF DIRECTORS
Justin Rosenberg, CEO
Blockmate Ventures Inc
justin@blockmate.com
Oleblue
1 month ago
Blockmate investee Hivello enters strategic partnership with AIxBlock for AI apps to access
decentralised computing power
TORONTO ā January 24, 2025 -- Blockmate Ventures Inc (TSX.V: MATE) (OTCQB: MATEF)
(FSE: 8MH1) (āBlockmateā or the āCompanyā) is pleased to announce that its investee, Hivello
Holdings Ltd has partnered with artificial intelligence development platform AIxBlock to integrate
decentralized computing power into AI applications.
AIxBlock operates at the intersection of artificial intelligence and Web3 technologies, offering a
comprehensive development platform to build, train & deploy AI models that typically have high
computing power requirements to function optimally. The AIxBlock ecosystem features an end-to-end
AI development platform, a compute marketplace, dataset marketplace, and human resources for AI.
These computing products cater to businesses and individuals transitioning into decentralized
technologies.
With the Hivello platform offering its users a passive income stream in exchange for their unutilised
computing power, Hivello will extend these capabilities into the AIxBlock, enabling their users to
leverage a substantial network of decentralized computing power.
Justin Rosenberg, CEO of Blockmate Ventures, commented, āWith the rise of AI, many of the most
innovative apps require a substantial amount of computing power which can be costly to access via
traditional data centres. But through this partnership, Hivello and AIxBlock aim to unlock new
possibilities in both the decentralized computing space and AI space by providing developers an
alternative to centralized data centres while giving Hivello users even more opportunities to rent out
their unused computing power for passive incomeā.
Below is the press release from Hivello:
Hivello + AIxblock: Decentralized AI Meets Simplified Node Management
London & Amsterdam, January 23, 2025 ā Hivello, a platform simplifying decentralized node
management for non-technical users, and AIxBlock, a fully decentralized AI development platform
redefining the AI compute and dataset marketplace, have announced a strategic partnership.
AIxBlock operates at the intersection of artificial intelligence and Web3 technologies, offering a
comprehensive development platform to build, train & deploy AI models. With its foundation built on the
Solana blockchain and its $1 million/year enterprise contract in place, AIxBlock is bridging the gap
between traditional Web2 enterprises and the emerging Web3 landscape. Its ecosystem features an
end-to-end AI development platform seamlessly integrated with decentralized resources, including a
compute marketplace, dataset marketplace, and human resources for AIācatering to businesses and
individuals transitioning into decentralized technologies.
Hivello, on the other hand, has revolutionized the process of running decentralized nodes, making it
simple and accessible to non-technical users. Hivello is targeting 100,000 users within the next year.
By allowing individuals with spare computing resources to participate in decentralized infrastructure,
Hivello empowers everyday users to contribute to DePIN (decentralized physical infrastructure
networks) projects.
Through this partnership, Hivello and AIxBlock aim to unlock new possibilities in the decentralized
compute space by integrating their offerings. AIxBlock's compute marketplace, which primarily relies
on enterprise-level providers, could potentially incorporate Hivelloās decentralized compute power from
individual GPU providers. This would enable a truly decentralized model, offering scalability,
accessibility, and efficiency in AI compute solutions.
As the two companies continue to explore integration possibilities and expand their shared vision, users
and enterprises can look forward to a future where participation in AI and decentralized technologies is
accessible to everyoneāregardless of technical expertise.
āAIxBlock is taking charge in transitioning AI-driven enterprises from Web2 to Web3, and weāre excited
to collaborate with them on this journey,ā said Domenic Carosa, Co-founder & Chairman of Hivello. āOur
shared vision is to create a decentralized infrastructure that is accessible to all, bridging the gap
between web3 and everyday users.ā
Ha Dao, CEO & Co-Founder AIxBlock, echoed the sentiment: āHivelloās expertise in node management
complements our vision of decentralizing AI compute power. Together, we can create an ecosystem
that empowers individuals and businesses alike to contribute to and benefit from the Web3 economy.ā
(ENDS)
About Blockmate Ventures Inc.
Blockmate Ventures is a venture creator focussing on building fast growing technology businesses
relating to cutting edge sectors such as blockchain, AI and renewable energy. Working with prospective
founders, projects in incubation can benefit from the Blockmate ecosystem that offers tech, services,
integrations and advice to accelerate the incubation of projects towards monetization. Recent projects
include Hivello (download the free passive income app at www.hivello.com) and Sunified, digitising
solar energy.
The leadership team at Blockmate Ventures have successfully founded successful tech companies
from the Dotcom era through to the social media era. Learn more about being a Blockmate at:
www.blockmate.com.
Blockmate welcomes investors to join the Companyās mailing list for the latest updates and industry
research by subscribing at https://www.blockmate.com/subscribe.
About Hivello
Hivello is an aggregator of DePIN projects that allows any user to participate in a variety of DePIN
networks with just a few clicks. This eliminates the technical hurdles that many users face when trying
to join these networks, and allows users to generate an extra source of income by mobilizing their idle
computers. We aim to create a simple app that allows users to contribute their computer resources
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