Hivello Secures Strategic Investment, Focusing on Development in the DePIN Field

Hivello, a platform focused on DePIN (Decentralized Physical Infrastructure Network) aggregation, recently announced the completion of a new round of financing. This platform, dedicated to helping users earn profits through idle computing resources across multiple decentralized networks, will use this financing to promote its innovative development and accelerate the simplification and popularization of DePIN technology.

The core goal of Hivello is to lower the technical threshold of decentralized networks by aggregating different DePIN protocols, allowing more people to participate in the Web3 ecosystem without specialized knowledge. The platform aims to make DePIN networks easier to use, helping users make full use of idle computing resources to earn rewards across multiple Web3 protocols.

It is worth noting that Hivello's Token Generation Event (TGE) took place recently and was launched simultaneously on multiple trading platforms. The $HVLO token will become the core of Hivello's decentralized economy, used for staking, rewards, and broader participation in the DePIN ecosystem. This marks a new stage in the development of the Hivello ecosystem.

This investment will bring rich industry experience and innovative technical support to Hivello, which is expected to accelerate its layout in the DePIN field, allowing more users to gain revenue by contributing computing resources. Hivello focuses on making the DePIN network more user-friendly and accessible, eliminating the technical barriers for users to enter the decentralized network. This aligns with the investor's concept of promoting the development of digital property and empowering global users.

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 assist in Hivello's development."

$HVLO token will be issued by the Swiss HVLO Association and authorized by Hivello Holdings. This arrangement will provide a more standardized and transparent framework for the issuance and management of the token.

With the completion of this round of financing and the issuance of tokens, Hivello's development in the DePIN field is worth looking forward to. The platform will continue to focus on simplifying the usage process of decentralized networks, enabling more users to conveniently participate in the Web3 ecosystem, and jointly promote the popularization and development of decentralized physical infrastructure networks.