Hivello secures strategic investment, Token is about to be listed

Hivello is a platform focused on aggregating DePIN (Decentralized Physical Infrastructure Networks), allowing users to earn returns by utilizing idle computing resources across multiple decentralized networks. The platform recently announced a strategic investment from a global leading company committed to promoting digital property rights and building an open metaverse.

This financing will be used to promote the innovative development of Hivello and accelerate the simplification and popularization of DePIN technology. Hivello's core goal is to make the DePIN network more user-friendly, helping users utilize idle computing resources to earn returns across multiple Web3 protocols by aggregating different DePIN protocols. Hivello is committed to eliminating the technical barriers of decentralized networks, allowing more people to participate in the Web3 ecosystem without the need for professional knowledge.

It is worth noting that Hivello's Token Generation Event (TGE) will be held soon and will be launched simultaneously 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 investor this time is a global leading blockchain and gamification company that has invested in over 540 projects in the Web3 field, dedicated to promoting digital property rights and decentralized projects, and facilitating the development of an open metaverse. This collaboration will allow Hivello to benefit from the investor's rich experience and innovative technology, accelerating its layout in the DePIN field, and enabling more users to earn rewards by contributing computing resources.

Hivello focuses on making the DePIN network 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, with both companies dedicated to providing true ownership and autonomy over digital assets.

The executives of the investors stated: "We are committed to building a fairer digital ecosystem that allows all users to enjoy the advantages 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 company as a strategic investor and lead investor in this round of financing. Their expertise and innovative experience in the digital field and blockchain industry will provide significant support for Hivello's development."

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

About Hivello

Hivello is a DePIN aggregation platform where users can earn rewards by contributing idle computing resources across multiple decentralized networks.

About Investors

This company is a global leader in digital entertainment, blockchain, and gamification, having won the Deloitte Tech Fast award and being listed in the Financial Times Asia-Pacific High Growth Companies 2021 ranking. Its product portfolio includes multiple Tokens, as well as several popular games and IPs, featuring well-known brands and celebrity IPs. The company has several subsidiaries engaged in various fields, including gaming, NFTs, and blockchain.