Detailed explanation of DePIN project Hivello: a one-stop aggregator without thresholds, HVLO motivates users to provide resources

Author: Weilin, PANews

DePIN (Decentralized Physical Infrastructure Network) has become one of the popular tracks in this cycle, and Hivello, a project in this field, attracts attention with its innovative DePIN aggregator. Hivello provides users with a convenient one-stop app. Through this platform, users can contribute resources and participate in DePIN protocol mining for Web3 applications without professional technical knowledge, thereby unlocking a brand new way of profit.

One-stop DePIN aggregator without threshold

DePIN uses blockchain technology to distribute power throughout the network rather than concentrate it in the power of one organization. DePINs provide an alternative model: a point-to-point (P2P) network that allows entities (using their own hardware) to provide resources directly to consumers and participate in network governance. DePIN covers multiple fields, including artificial intelligence, storage, graphics rendering, energy, supply chain management, etc.

As a DePIN aggregator, Hivello provides users with an intuitive and easy-to-use platform by simplifying the process of user participation, allowing them to earn profits in multiple decentralized networks through idle computing resources. Without the need to master complex technical knowledge, users can easily start mining and benefit from it.

Through Hivello's one-stop app, users can participate in the mining of the DePIN protocol through interaction with projects, and earn points and tokens by contributing resources to the network.

Hivello has several unique advantages. First, the threshold for getting started is low. Users can complete resource deployment within a few minutes through Hivello's App and start mining without technical background. Secondly, Hivello provides users with convenient DePIN protocol management, making the user experience smoother.

In addition, Hivello supports multiple payment methods and is highly flexible. In the future, based on artificial intelligence, Hivello will continuously optimize user experience and improve mining efficiency.

Hivello was founded in 2022. Hivello’s core team has deep industry background and entrepreneurial experience. Its co-founder and chairman is Dom Carosa, whose entrepreneurial journey spans decades and has founded several successful businesses, including companies such as Banxa and Unith.AI, and he has held investment roles in over 50 technology companies.

Andrew Smith, co-founder and CEO, has extensive experience in fintech and was once the co-founder of Banxa. Justin Rosenberg is the chief financial officer of Hivello, bringing financial rigor to the team. Simon Crean serves as CTO and Chief Product Officer, seamlessly combining technical expertise with product innovation. At Hivello, Crean plays an important role in ensuring that the platform is both user-friendly and meets the complex needs of DePIN.

Strategic financing led by Animoca Brands will be combined with AI-powered this year

On February 10, Hivello announced that it had received a strategic investment led by Animoca Brands. This financing will be used to promote the innovative development of Hivello and accelerate the simplification and popularization of DePIN technology. In this round, Taisu Ventures, NGC, Blockchange and Contango participated in the investment. Previously, on December 14, 2023, Hivello completed a US$1 million Pre-Seed round of financing, with the financing being invested by NGC, Blockchain Founders Fund, Side Door Ventures, IDG and others.

In addition to this update, Hivello has also released a roadmap and announced its full-year plan:

• Q1 2025: Launch the Recommended Earning Plan and conduct $HVLO token issuance while adding more high-yield DePIN networks. Implemented the hosted wallet function.
• Q2 2025: Implement membership ratings and allow users to withdraw any type of funds (cryptocurrency, stablecoin or fiat currency)
• Q3 2025: Focus on API/SDK development and add more DePIN networks.
• Q4 2025: Through AI-driven reward optimization, Hivello Intelligence will increase revenue potential at the individual level.

More DePIN networks will also be added each quarter, with the goal of reaching 50 networks by the end of 2025.

These investments and plans provide sufficient financial support and directional support for the future development of Hivello, where support for fiat currency will open the door for users to enter the DePIN world, and combine technology trends with AI The combination will also promote the user's experience upgrade.

As the core of the decentralized economy, HVLO tokens have been launched

on many exchanges

On February 11, Hivello held a Token Generation Event (TGE) on Solana Network, which was launched simultaneously on Gate.io and MEXC exchanges, and has also been launched on Raydium. $HVLO tokens will become the core of Hivello's decentralized economy, mainly used for staking, rewards and participation in the wider DePIN ecosystem.

The total supply of $HVLO is 10 billion, and 5% of the tokens will be unlocked during TGE.

The HVLO token allocation strategy is as follows:

• Ecosystem incentives (25.3%): Rewards and contributes resources and supports users who continue to participate.
• Teams and Consultants (15%): Retained for core team members, with lock-in periods to ensure alignment with long-term goals.
• Marketing and Community (10%): used for promotion and community building.
• Liquidity and exchange listing (20%): Ensure token accessibility and stable trading volume.
• Reserve Fund (10%): Respond to future demand changes and adapt to market changes.

At the same time, Hivello Token has a clear strategic goal of GTM (entering the market) to adopt a wide range of users in the B2B and B2B2C fields within the DePIN ecosystem. Focus on user acquisition and retention, inspiring users to use Hivello applications early and continuously. The long-term strategy is continuous functional development and integration to enhance the practicality of tokens and ensure their core role in network operations. Continuously evaluate the governance mechanism of decentralized ecosystems.

In terms of token economics design, token HVLO is a practical token of the Hivello protocol, which ensures that users have direct incentives to participate in the platform. For example, users can reduce their commission fees and unlock premium services by acquiring and using tokens. A huge future application scenario is that many DePIN networks require nodes to pledge large amounts of native tokens. Users will be able to stake HVLOs for extremely low cost and without much technical knowledge to access these DePIN networks. This provides users with a reason to continue using Hivello while enjoying the platform's unique services. In addition, HVLO is also used to promote B2B2C partnerships and realize network effects. Hivello encourages long-term holding and pledge tokens, and pledge revenue increases over time, thereby cultivating loyalty and reducing user churn.

With its low-threshold DePIN aggregator platform and an innovative token economy, Hivello not only provides users with a simple way to participate, but also injects new vitality into the Decentralized Physical Infrastructure Network (DePIN) track.