Hivello is a platform focused on DePIN (Decentralized Physical Infrastructure Network) aggregation, enabling users to earn rewards through idle computing resources across multiple decentralized networks. The platform has announced that Animoca Brands—a global leader dedicated to advancing digital property rights and building an open metaverse—is leading its latest funding round.
This funding will be used to drive Hivello's innovative development and accelerate the simplification and popularization of DePIN technology. Hivello's core goal is to make DePIN networks more user-friendly by aggregating different DePIN protocols, helping users leverage idle computing resources to earn rewards across multiple Web3 protocols. Hivello aims to eliminate the technical barriers of decentralized networks, allowing more people to participate in the Web3 ecosystem without specialized knowledge.
Additionally, Hivello's Token Generation Event (TGE) will take place today, launching simultaneously on Gate.io and MEXC, marking a new phase 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.
To further discuss the future of DePIN, Hivello and Animoca Brands will host a live session on February 11 at 5 PM (HKT) / 9 AM (UTC) on X Spaces.
Animoca Brands is a global leader in blockchain and gamification, having invested in over 540 projects in the Web3 space, committed to advancing digital property rights and decentralized projects, and contributing to the development of an open metaverse. This investment will allow Hivello to benefit from Animoca Brands' extensive experience and innovative technology, accelerating its positioning in the DePIN field and enabling more users to earn rewards by contributing computing resources.
Hivello focuses on making DePIN networks more user-friendly and accessible, removing the technical barriers for users entering decentralized networks. Animoca Brands' mission is to empower global users and promote the development of digital property rights, with both companies dedicated to providing true digital asset ownership and autonomy.
Yat Siu, co-founder and executive chairman of Animoca Brands, stated:
“Animoca Brands is committed to building a fairer digital ecosystem, allowing all users to enjoy the benefits of digital property rights. We are very pleased to support Hivello in making the DePIN network more user-friendly and advancing true digital ownership and the development of an open metaverse.”
Domenic Carosa, co-founder and chairman of Hivello, stated:
“We warmly welcome Animoca Brands as a strategic investor and lead in this funding round. Animoca Brands' expertise and innovative experience in the digital and blockchain sectors will greatly support Hivello's development.”
The $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 Animoca Brands
Animoca Brands is a global leader in digital entertainment, blockchain, and gamification, having received the Deloitte Tech Fast award and being listed in the Financial Times' Asia-Pacific High Growth Companies 2021 ranking. Its product portfolio includes the REVV and SAND tokens, as well as several popular games and IPs, including The Sandbox, WWE, Snoop Dogg, The Walking Dead, Power Rangers, MotoGP, and Formula E. Animoca Brands owns several subsidiaries, such as The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Bondly, Lympo, and Grease Monkey Games.
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