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Blockmate investee Hivello partners with Mysterium DePIN network

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Blockmate Ventures Inc (TSX.V: MATE) (OTCQB: MATEF) announces a strategic partnership between its investee, Hivello Holdings , and Mysterium Network, a decentralized VPN platform. This collaboration aims to enhance passive income opportunities for users on both platforms. Hivello users can now share their internet bandwidth as a Mystnode on the Mysterium Network, in addition to sharing unused computing power.

Key features of the integration include:

  • User participation and rewards for sharing unused internet bandwidth
  • Passive income stream requiring no active effort
  • Contributing to an open, censorship-free internet
  • Strengthening decentralized infrastructure

The partnership is expected to expand the reach of both platforms and drive adoption of decentralized technologies.

Blockmate Ventures Inc (TSX.V: MATE) (OTCQB: MATEF) annuncia una partnership strategica tra il suo investitore, Hivello Holdings, e Mysterium Network, una piattaforma VPN decentralizzata. Questa collaborazione mira a migliorare le opportunità di reddito passivo per gli utenti di entrambe le piattaforme. Gli utenti di Hivello possono ora condividere la loro larghezza di banda internet come un Mystnode sulla Mysterium Network, oltre a condividere la potenza di calcolo non utilizzata.

Le principali caratteristiche dell'integrazione includono:

  • Partecipazione degli utenti e ricompense per la condivisione della larghezza di banda internet non utilizzata
  • Flusso di reddito passivo che non richiede sforzi attivi
  • Contribuire a un internet aperto e libero da censure
  • Rafforzare l'infrastruttura decentralizzata

La partnership è prevista per espandere la portata di entrambe le piattaforme e promuovere l'adozione delle tecnologie decentralizzate.

Blockmate Ventures Inc (TSX.V: MATE) (OTCQB: MATEF) anuncia una asociación estratégica entre su inversión, Hivello Holdings, y Mysterium Network, una plataforma VPN descentralizada. Esta colaboración tiene como objetivo mejorar las oportunidades de ingresos pasivos para los usuarios de ambas plataformas. Los usuarios de Hivello ahora pueden compartir su ancho de banda de internet como un Mystnode en la Red Mysterium, además de compartir el poder de cómputo no utilizado.

Las características clave de la integración incluyen:

  • Participación de los usuarios y recompensas por compartir el ancho de banda de internet no utilizado
  • Corriente de ingresos pasivos que no requiere esfuerzo activo
  • Contribuir a un internet abierto y libre de censura
  • Fortalecer la infraestructura descentralizada

Se espera que la asociación amplíe el alcance de ambas plataformas y promueva la adopción de tecnologías descentralizadas.

Blockmate Ventures Inc (TSX.V: MATE) (OTCQB: MATEF)는 자회사인 Hivello Holdings와 분산형 VPN 플랫폼인 Mysterium Network 간의 전략적 파트너십을 발표했습니다. 이 협업은 두 플랫폼의 사용자에게 수동적 소득 기회를 향상시키는 것을 목표로 합니다. Hivello 사용자는 이제 사용하지 않는 컴퓨팅 파워와 함께 Mysterium Network의 Mystnode로 인터넷 대역폭을 공유할 수 있습니다.

통합의 주요 특징은 다음과 같습니다:

  • 사용하지 않는 인터넷 대역폭을 공유하는 사용자 참여 및 보상
  • 능동적인 노력이 필요 없는 수동적 소득 흐름
  • 검열 없는 열린 인터넷에 기여
  • 분산형 인프라 강화

이 파트너십은 두 플랫폼의 범위를 확장하고 분산형 기술의 채택을 촉진할 것으로 예상됩니다.

Blockmate Ventures Inc (TSX.V: MATE) (OTCQB: MATEF) annonce un partenariat stratégique entre son investisseur, Hivello Holdings, et Mysterium Network, une plateforme VPN décentralisée. Cette collaboration vise à améliorer les opportunités de revenus passifs pour les utilisateurs des deux plateformes. Les utilisateurs de Hivello peuvent désormais partager leur bande passante Internet en tant que Mystnode sur le réseau Mysterium, en plus de partager la puissance de calcul inutilisée.

Les principales caractéristiques de l'intégration incluent :

  • Participation des utilisateurs et récompenses pour le partage de la bande passante Internet inutilisée
  • Flux de revenus passifs ne nécessitant aucun effort actif
  • Contribuer à un Internet ouvert et libre de censure
  • Renforcer l'infrastructure décentralisée

Ce partenariat devrait élargir la portée des deux plateformes et favoriser l'adoption des technologies décentralisées.

Blockmate Ventures Inc (TSX.V: MATE) (OTCQB: MATEF) kündigt eine strategische Partnerschaft zwischen seinem Investee, Hivello Holdings, und Mysterium Network, einer dezentralen VPN-Plattform, an. Diese Zusammenarbeit zielt darauf ab, passive Einkommensmöglichkeiten für die Nutzer beider Plattformen zu verbessern. Hivello-Nutzer können nun ihre Internet-Bandbreite als Mystnode im Mysterium-Netzwerk teilen, zusätzlich zur gemeinsamen Nutzung ungenutzter Rechenleistung.

Die wichtigsten Funktionen der Integration umfassen:

  • Benutzerteilnahme und Belohnungen für das Teilen nicht genutzter Internet-Bandbreite
  • Passives Einkommensströme, die keinen aktiven Aufwand erfordern
  • Beitrag zu einem offenen, zensurfreiem Internet
  • Stärkung der dezentralen Infrastruktur

Die Partnerschaft wird voraussichtlich die Reichweite beider Plattformen erweitern und die Akzeptanz dezentraler Technologien fördern.

Positive
  • Strategic partnership expands Hivello's DePIN partner network
  • Integration provides additional passive income opportunities for Hivello users
  • Collaboration enhances Hivello's platform capabilities and user engagement
  • Partnership supports growth of decentralized technologies and infrastructure
Negative
  • None.

TORONTO, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Blockmate Ventures Inc (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH1) (“Blockmate” or the “Company”) is pleased to announce that its investee, Hivello Holdings Ltd has entered into a strategic partnership with Mysterium Network, a decentralized Virtual Private Network (VPN) platform, that will increase the reach and passive income capabilities of users on both the Mysterium Network and Hivello platforms.

This collaboration enhances the passive earning capacity of Hivello users, who can generate income by sharing their unused computing power. Through this collaboration, Hivello users will have the option to also share their internet bandwidth as a Mystnode on the Mysterium Network as another option to earn passive income. Similarly, Mysterium will enhance the integration by linking Hivello to other DePIN projects and supporting the adoption of Hivello’s platform within its decentralized ecosystem.

Justin Rosenberg, CEO of Blockmate Ventures, commented, "We are delighted to see the Hivello team continue building their DePIN partner network with valuable partnerships that enhance the Hivello platform and passive income opportunities for users. Through this partnership, we see an advantage for users to deploy internet bandwidth during their down times, such as overnight, to complement their deployment of unused computing power for greater earning potential.”

Below is the press release from Hivello:

Hivello and Mysterium Network collaborate to bring MystNodes to a Broader Audience

(London & Amsterdam)– Hivello, a leading aggregator of decentralized physical infrastructure networks (DePINs), has announced a strategic partnership with Mysterium Network, a pioneer in decentralized networking and VPN services. This collaboration aims to integrate MystNodes into the Hivello platform, driving mutual growth, enhancing network capabilities, and expanding user engagement within the decentralized technology space.

Hivello and Mysterium Network have formed a strategic partnership to integrate MystNodes into the Hivello platform. MystNodes, a passive income solution, provides users with an opportunity to increase their income streams by simply sharing their internet bandwidth. This collaboration empowers Hivello users to earn crypto completely passively while also contributing to the idea of an open Internet that is free of censorship and borders, as the traffic contributed from their devices is used for Mysterium VPN – a decentralized VPN that is also a product of Mysterium Network.

Key Features of MystNodes Integration:

  1. User Participation & Rewards: MystNodes is powered by users sharing their unused internet bandwidth with the network, for which they receive crypto rewards. This, in turn, incentivizes network growth and resilience.
  2. Passive Income Stream: Users do not have to do anything actively in order to share their unused internet bandwidth, making MystNodes a reliable passive income stream that requires no effort.
  3. Noble Goal of Open Internet: The unused internet bandwidth is utilized to power Mysterium VPN, a product created by the same company. As the main goal of this decentralized VPN is to fight internet censorship and to remove any borders on the Internet, users contribute to this noble cause while also earning something just for that.
  4. Strengthening Decentralization: Integrates with Hivello’s DePIN ecosystem, bolstering the decentralized infrastructure and enhancing user control over online activities.

In this partnership, both Hivello and Mysterium Network will provide substantial support to ensure the successful integration of MystNodes into the Hivello platform. Hivello will offer ongoing technical support, including regular software updates, to guarantee a seamless user experience. Additionally, Hivello will leverage its network to connect Mysterium with potential partners and users, expanding the reach of MystNodes. On the other hand, Mysterium will enhance the integration by linking Hivello to other DePIN projects and supporting the adoption of Hivello’s platform within its decentralized ecosystem.

"Our collaboration with Hivello represents a significant step in expanding our network and driving the adoption of decentralized technologies. By working together, we’re able to connect our MystNodes network with a broader audience, providing them with a passive income opportunity and a way to contribute significantly to censorship-free internet. This partnership is about creating a more open and secure internet for everyone involved," said Guoda Sulcaite, Head of Marketing at Mysterium Network.

"This partnership with Mysterium Network is a strategic move to enhance our platform’s capabilities and provide our users with the means of contributing to safer and more open Internet, as well as opening an additional income stream. By integrating MystNodes, we’re ensuring our community benefits from the rewards that the app offers while also becoming a part of a movement focused on uncensored Internet that is the same to everyone, wherever they may be," said Domenic Carosa, Co-Founder of Hivello.

(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, climate and energy storage. 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 Company’s mailing list for the latest updates and industry research by subscribing at https://www.blockmate.com/subscribe.

About Hivello
Hivello, led by distinguished blockchain payment solution pioneers, is dedicated to transforming the accessibility of decentralized services globally. Users can start earning tokens in minutes, as simply as installing an app – no wallet, blockchain, or web3 experience necessary.

As a pioneer in the Decentralized Physical Infrastructure Networks (DePIN) sector, Hivello stands at the vanguard of democratizing access to decentralized infrastructure.

For more information about Hivello and to stay updated on its developments, visit www.hivello.com

About Mysterium
Mysterium Network is a decentralized, open-source platform designed to provide secure, private, and censorship-resistant internet access through its global network of nodes. The platform enables peer-to-peer networking and unblocking solutions, ensuring anonymous and encrypted connections. Users can choose their exit node by city for a hyperlocal browsing experience, while developers can build on Mysterium's robust infrastructure to create decentralized applications.

ON BEHALF OF THE BOARD OF DIRECTORS

Justin Rosenberg, CEO
Blockmate Ventures Inc
justin@blockmate.com
(+1-888-218-6863)

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

Forward-Looking Information
This news release contains "forward-looking statements" or "forward-looking information" (collectively, "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on the assumptions, expectations, estimates and projections as of the date of this news release. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Raindrop disclaims any obligation to update any forward-looking statements, whether because of new information, future events or otherwise, except as may be required by applicable securities laws. Readers should not place undue reliance on forward-looking statements.


FAQ

What is the new partnership announced by Blockmate Ventures for its investee Hivello?

Blockmate Ventures announced that its investee, Hivello Holdings , has entered into a strategic partnership with Mysterium Network, a decentralized VPN platform, to integrate MystNodes into the Hivello platform and enhance passive income opportunities for users.

How will the Hivello-Mysterium partnership benefit MATEF shareholders?

The partnership is expected to enhance Hivello's platform capabilities, expand its user base, and increase passive income opportunities for users. This growth and improved offering could potentially increase the value of Blockmate's investment in Hivello, benefiting MATEF shareholders.

What new income opportunity does the Hivello-Mysterium partnership offer to users?

The partnership allows Hivello users to share their internet bandwidth as a Mystnode on the Mysterium Network, providing an additional passive income stream alongside their existing option to share unused computing power.

How does the Hivello-Mysterium partnership contribute to decentralized infrastructure?

The partnership integrates MystNodes into Hivello's DePIN ecosystem, strengthening decentralized infrastructure and enhancing user control over online activities. It also supports the growth of a censorship-free, open internet through the use of decentralized VPN services.

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