Hivello: Making Passive Income from DePIN Networks Easy for Everyone

By Peter Salib Peter Salib has been verified by Muck Rack's editorial team
Updated on December 16, 2024

As the world of decentralized infrastructure networks (DePIN) grows, Hivello is transforming access to this emerging market. Built by the team behind Banxa, a global crypto payments platform, Hivello enables anyone to earn passive income by sharing their idle computer resources. Their intuitive platform allows users to profit from DePIN networks without extensive technical knowledge or significant time investments.

Bridging the Complexity Gap in DePIN

For most people, earning from DePIN networks can be challenging, requiring specialized hardware, knowledge, and significant setup time. Hivello simplifies this with a single app that runs multiple DePINs to maximize rewards. Users can contribute resources like CPU, GPU, storage, and bandwidth, choosing how they’d like to be paid — whether in native DePIN tokens, stablecoins, or cash. The app takes care of everything, from wallet creation to paying gas fees, making it accessible for anyone to participate in the DePIN economy.

With Hivello, users can start earning in three simple steps: downloading the app, installing it on their device, and letting the platform manage the rest. This ease of use and streamlined onboarding set this platform apart from traditional DePIN platforms.

An Innovative, User-Centric Platform

Hivello’s platform is designed with both ease and rewards in mind. The app leverages AI-driven optimization to tailor each user’s DePIN setup, ensuring maximum ROI based on individual resources and network demands. By creating a user-friendly interface that resembles familiar Web2 applications, Hivello makes DePIN networks accessible to a wider audience, helping bridge the gap between Web2 and Web3 technologies.

The platform offers a unique orchestration layer for DePINs, which manages dozens of Web3 processes behind the scenes. It runs nodes securely and autonomously, segregating them for extra security and managing public and private keys on the user’s behalf. The platform also integrates with various blockchain ecosystems, including Solana and IoTeX, to ensure broad compatibility.

Strategic Partnerships Driving Growth

Hivello’s expansion is powered by key partnerships that amplify its reach. The platform has secured an exclusive deal with Hotspotty, a community of 270,000 active Helium users, and signed agreements with IoTeX and Functionland for cross-promotion and integration. By partnering with GPU and CPU providers, the company extends its user base through key distribution channels in Southeast Asia and Africa, even allowing users to donate their earnings to charities.

These partnerships support their B2B2C go-to-market strategy, integrating Hivello with global exchanges and wallets to streamline user payouts. With a focus on user acquisition and retention, the team incentivizes continuous app usage, offering gamified rewards and staking options for increased earnings.

A Token with Strong Utility and Long-Term Potential

Hivello’s upcoming token launch on Solana, scheduled for Q1 2025, brings additional benefits to its users. The token economy is designed to incentivize long-term engagement through a structured tier system. Users can stake their Hivello tokens to earn a higher share of rewards, with the option to upgrade to premium nodes and enjoy reduced fees for continued platform use. This flexible approach appeals to both crypto newcomers and experienced DePIN participants.

Hivello’s business model is straightforward: the app is free for users, with the company earning revenue from the DePIN tokens mined. This approach creates a low-risk, high-reward environment for users, fostering a community dedicated to passive income and decentralized network growth.

Democratizing Access to Web3 and DePIN

Hivello is making DePIN networks accessible to the masses by providing a seamless, user-friendly experience for earning passive income from shared resources. With an experienced team, strong strategic partnerships, and a promising token economy, this organization is set to become a leader in DePIN.

For those looking to unlock the potential of Web3 with minimal effort, Hivello offers a powerful, accessible solution. Discover how Hivello can help you start earning from DePIN today on their website.

By Peter Salib Peter Salib has been verified by Muck Rack's editorial team

Peter Salib is a Tech Columnist at Grit Daily. Based in New Jersey, he is an avid participant of events nationwide who's attended CES in Las Vegas consecutively since 2013. Peter is the host and producer of Show & Tell, a product showcase YouTube channel and also works at Gadget Flow, a leading product discovery platform reaching 31M consumers every month. Peter frequently works with startups on media, content writing, events, and sales. His dog, Scruffy, was a guest product model on the Today Show with Kathy Lee & Hoda in 2018 and was dubbed "Scruffy the Wonder Dog.”

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