Blockmate investee Hivello partners with XYO to drive network and user income growth
Blockmate Ventures announces that its investee, Hivello Holdings, has partnered with XYO, the world's largest DePIN network with 8 million nodes across 150+ countries. The partnership aims to combine Hivello's desktop interface with XYO's mobile ecosystem, enabling users to earn passive income through both computing power and geographical data contributions.
XYO's COIN app users spend an average of 3 hours daily earning passive income, while Hivello's recently launched desktop app allows users to monetize unused computing power. This collaboration focuses on expanding earning opportunities in emerging markets and removing technical barriers for users to participate in decentralized networks.
Blockmate Ventures annuncia che la sua società partecipata, Hivello Holdings, ha stretto una partnership con XYO, la più grande rete DePIN al mondo con 8 milioni di nodi in oltre 150 paesi. L'obiettivo della collaborazione è quello di combinare l'interfaccia desktop di Hivello con l'ecosistema mobile di XYO, consentendo agli utenti di guadagnare reddito passivo sia attraverso il potere di calcolo che i contributi di dati geografici.
Gli utenti dell'app COIN di XYO trascorrono in media 3 ore al giorno guadagnando reddito passivo, mentre l'app desktop recentemente lanciata da Hivello consente agli utenti di monetizzare la potenza di calcolo non utilizzata. Questa collaborazione si concentra sull'espansione delle opportunità di guadagno nei mercati emergenti e sulla rimozione delle barriere tecniche per gli utenti che desiderano partecipare a reti decentralizzate.
Blockmate Ventures anuncia que su empresa participada, Hivello Holdings, se ha asociado con XYO, la red DePIN más grande del mundo, con 8 millones de nodos en más de 150 países. La asociación tiene como objetivo combinar la interfaz de escritorio de Hivello con el ecosistema móvil de XYO, lo que permite a los usuarios ganar ingresos pasivos a través del poder de cómputo y las contribuciones de datos geográficos.
Los usuarios de la aplicación COIN de XYO pasan un promedio de 3 horas diarias generando ingresos pasivos, mientras que la nueva aplicación de escritorio de Hivello permite a los usuarios monetizar el poder de cómputo no utilizado. Esta colaboración se centra en expandir las oportunidades de ingresos en mercados emergentes y eliminar las barreras técnicas para que los usuarios participen en redes descentralizadas.
Blockmate Ventures는 자회사인 Hivello Holdings가 150개 이상의 국가에 800만 개 노드를 가진 세계 최대 DePIN 네트워크 XYO와 파트너십을 체결했다고 발표했습니다. 이 파트너십은 Hivello의 데스크톱 인터페이스와 XYO의 모바일 생태계를 결합하여 사용자가 컴퓨팅 파워와 지리적 데이터 기여를 통해 수동 소득을 얻을 수 있도록 하는 것을 목표로 합니다.
XYO의 COIN 앱 사용자들은 하루 평균 3시간을 수동 소득을 얻는 데 보내며, Hivello의 새로 출시된 데스크톱 앱은 사용자가 사용하지 않는 컴퓨팅 파워를 수익화할 수 있도록 합니다. 이 협력은 신흥 시장에서의 수익 기회를 확대하고 사용자들이 분산 네트워크에 참여할 수 있도록 기술적 장벽을 제거하는 데 중점을 두고 있습니다.
Blockmate Ventures annonce que sa société investie, Hivello Holdings, s'est associée à XYO, le plus grand réseau DePIN au monde avec 8 millions de nœuds dans plus de 150 pays. Le partenariat vise à combiner l'interface de bureau de Hivello avec l'écosystème mobile de XYO, permettant aux utilisateurs de gagner un revenu passif grâce à la puissance de calcul et aux contributions de données géographiques.
Les utilisateurs de l'application COIN de XYO passent en moyenne 3 heures par jour à gagner un revenu passif, tandis que la nouvelle application de bureau lancée par Hivello permet aux utilisateurs de monétiser la puissance de calcul inutilisée. Cette collaboration se concentre sur l'expansion des opportunités de gain dans les marchés émergents et sur la suppression des barrières techniques pour que les utilisateurs puissent participer à des réseaux décentralisés.
Blockmate Ventures gibt bekannt, dass ihr Beteiligungsunternehmen Hivello Holdings eine Partnerschaft mit XYO eingegangen ist, dem weltweit größten DePIN-Netzwerk mit 8 Millionen Knoten in über 150 Ländern. Ziel der Partnerschaft ist es, die Desktop-Oberfläche von Hivello mit dem mobilen Ökosystem von XYO zu kombinieren, was es den Nutzern ermöglicht, durch Rechenleistung und geografische Datenbeiträge passives Einkommen zu erzielen.
Die Nutzer der COIN-App von XYO verbringen durchschnittlich 3 Stunden täglich mit dem Verdienen von passivem Einkommen, während die kürzlich gestartete Desktop-App von Hivello es den Nutzern ermöglicht, ungenutzte Rechenleistung zu monetarisieren. Diese Zusammenarbeit konzentriert sich darauf, die Verdienstmöglichkeiten in aufstrebenden Märkten zu erweitern und technische Barrieren für die Teilnahme an dezentralen Netzwerken zu beseitigen.
- Partnership with XYO expands Hivello's market reach to 8 million nodes across 150+ countries
- Strong user uptick reported since Hivello's desktop app launch on November 19, 2024
- Integration creates additional revenue streams for both platforms' users
- None.
TORONTO, Nov. 27, 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 partnered with XYO, the world’s largest DePIN (Decentralized Physical Infrastructure Networks), to increase the reach of the Hivello app while also creating additional passive income opportunities for XYO network users.
XYO operates 8 million nodes spread across more than 150 countries, with users of XYO’s COIN app spending an average of 3 hours per day to earn passive income. Similarly, the Hivello desktop app, which was publicly beta launched on November 19, 2024, provides a user-friendly interface that allows Hivello users to earn passive income from their unused computing power.
Through this collaboration, Hivello’s desktop interface and XYO’s mobile-enabled ecosystem will be combined to drive further passive income opportunities for users of both apps to turn their idle resources into income, whether through contributing geographical data or computing power.
Justin Rosenberg, CEO of Blockmate Ventures, commented, "Since launching their desktop app earlier in the month, Hivello has seen a strong uptick in users and subscribers. Such interest is only the start of Hivello’s potential as they expand the Hivello partner network through collaborations with leaders in the DePIN space like XYO.
“In just a few years, XYO has changed the lives of users in developing countries by offering them a passive income source so by combining Hivello’s interface with XYO’s network, we are incredibly excited by this partnership.”
Below is the press release from Hivello:
Hivello + XYO: helping people in emerging markets earn on their mobile and desktop devices
California & Amsterdam, November 27th, 2024 – Hivello, a platform dedicated to aggregating DePIN (Decentralized Physical Infrastructure Networks) projects, and XYO, the original DePIN, are joining forces to stimulate cross-pollination amongst their users by teaching them how to leverage their hardware devices to generate additional income.
Hivello empowers users to participate in multiple DePIN networks effortlessly by connecting their computer hardware to revenue generating DePIN networks. The platform removes the complexity traditionally associated with decentralized infrastructure, allowing users to earn passive income with their spare hardware in just a few clicks of installing the Hivello desktop app. By aggregating DePIN projects, Hivello creates a gateway for users to contribute to decentralized networks without technical barriers.
XYO, the world's first and largest DePIN, collects, verifies, and adds context to data for use in a wide variety of Web2 and Web3 projects. Originally designed to provide proof-of-location, proof-of-origin, and geospatial context, XYO continues to provide tamper-proof geospatial data verification for its partners. Through its COIN app, XYO enables users to participate seamlessly in the XYO ecosystem, with over 8 million nodes across 150 countries, spending an average of 3 hours in the COIN app daily. By allowing smartphone users to earn through data collection, XYO has made life-changing impacts—helping participants pay off mortgages, start businesses, and connect entire communities to the global data economy.
Hivello and XYO’s partnership is built on shared values — both projects are driven to create opportunities for people in emerging markets like Africa and Asia by empowering users to use their consumer devices to earn extra income.
Together, Hivello and XYO seek to build a decentralized ecosystem that benefits everyone — from Web3 enthusiasts to everyday users. By combining Hivello’s desktop interface and XYO’s mobile-enabled ecosystem, users can effortlessly turn their idle resources into income, whether through contributing geographical data or computing power. This collaboration strengthens each project’s commitment to decentralization and ensures that users can contribute to and benefit from decentralized infrastructure with ease.
For users, this means increased earning potential with seamless access to passive revenue, fewer technical barriers, and the ability to benefit from these new decentralized economies.
"By combining XYO’s proven DePIN network with Hivello’s accessible DePIN desktop platform, we’re unlocking new earning potential for users around the globe. This collaboration is a testament to the transformative power of decentralized infrastructure in building economic opportunities for everyone, everywhere," said Markus Levin, Co-founder of XYO.
“Our partnership with XYO is a natural fit, as we both believe in the transformative potential of decentralized infrastructure. By collaborating with the XYO platform, we are creating a more robust ecosystem where users can maximize their resources and earn while actively supporting the growth of both our decentralized networks,” said Domenic Carosa, Co-founder and Chairman 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 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 with no technical knowledge required. It's as easy as downloading, installing, and running nodes, making complex technologies accessible and beneficial to all.
For more information about Hivello and to stay updated on its developments, visit www.hivello.com
About XYO
XYO is a Decentralized Physical Infrastructure Network (DePIN) offering a comprehensive ecosystem of consumer software, developer tools, a decentralized network, and digital assets. XYO facilitates data aggregation, validation, and use, empowering participants with data sovereignty and rewarding them with the XYO token. The ecosystem supports applications in AI, metaverse environments, and data analytics with immutable blockchain data.
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
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FAQ
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