3+ Exchanges Listing Pi Network Coin (PI), Business Overview, and Future Prospects.

Pione3rs — Issue #19

TL;DR:

• Hivello simplifies DePIN mining, making it accessible to non-crypto natives. Users can seamlessly participate in decentralized networks through a streamlined and user-friendly interface and earn rewards without extensive blockchain knowledge or experience.
• Hivello launched its public beta with almost 30,000 users on the waitlist and is now available on Mac, Linux, and Windows. The app is free to download and use, with easy setup and installation, and features AI-based personalization for an optimized experience.

DePIN (Decentralized Physical Infrastructure Networks) mining allows everyday users to contribute resources like computer power, bandwidth, or storage to decentralized networks, earning rewards without centralized control. This concept evolved from Bitcoin mining, where individuals used personal computers to secure transactions and earn Bitcoin.

While DePIN mining opens up exciting new opportunities, it also comes with significant challenges. High setup costs of specialized hardware and ongoing expenses such as electricity and maintenance can erode profitability and deter participants. Furthermore, specialized mining equipment like ASICs (Application-Specific Integrated Circuits) can quickly become outdated.

Hivello: DePIN mining made radically simple.

Hivello makes decentralized physical infrastructure network (DePIN) mining easy and accessible for everyone by combining multiple DePIN chains into one simple, user-friendly platform. Users can contribute resources like CPU, GPU, bandwidth, or storage with their app without specialized skills. In return, they can earn passive income by supporting decentralized networks.

Imagine being able to use your everyday devices — like your computer or internet connection — to power these networks. Hivello’s platform is designed with a Web 2.0 interface, ensuring simplicity and ease of navigation for those unfamiliar with blockchain. Getting started is quick, with minimal setup costs. Users can also choose to be paid in fiat currency, bypassing the uncertainties associated with cryptocurrencies.

Hivello uses AI to personalize the user experience, adapting to each user’s location and risk preferences. Intelligently adjusting settings based on factors such as energy costs, hardware performance, and market volatility helps users maximize returns while mitigating risks.

Hivello also eliminates the technical barriers typically associated with DePIN mining. It automates processes like wallet generation and token swaps, managing multiple protocols while optimizing nodes for maximum earnings — all with minimal user effort.

How It Works

Getting started with Hivello is straightforward and user-friendly. Visit the Hivello website to download the application that is compatible with your Windows, macOS, or Linux operating system. After downloading, install the application by following the on-screen instructions. Once installed, launch Hivello and sign up for a new account.

Upon logging in, you’ll be directed to the dashboard, where you can monitor your earnings and manage settings. Hivello automatically starts mining DePIN protocols on your behalf, generating passive income without requiring further action.

Designed for easy use across a wide range of systems by anyone

Hivello provides several technical benefits, especially for users not well-versed in blockchain technology. These key features include:

1. Automated wallet generation and management: Hivello automatically creates and manages users’ wallets, removing the need for users to handle private keys or complicated setup processes.
2. Effortless token swaps and gas fee handling: The platform handles all token swaps and gas fees in the background, allowing users to contribute to decentralized networks without worrying about managing different cryptocurrencies or transaction costs.
3. Support for multiple decentralized networks built on the Solana blockchain: Users can contribute to various networks from a single platform, maximizing their earning potential without switching between multiple interfaces.
4. Enhanced security through segregated and containerized nodes: Each node in Hivello’s network is isolated and containerized, ensuring that any security vulnerabilities are contained and do not affect the broader network.

By democratizing decentralized infrastructure, Hivello empowers individuals to generate passive income while strengthening the Web3 ecosystem.

DePIN Market Landscape

Many believe blockchain gaming will drive Web3 adoption, but DePIN offers a stronger case. While gaming faces resistance from gamers, DePIN appeals to the masses seamlessly. People already use devices for everyday tasks — Hivello simply rewards them for it.

DePIN has seen a remarkable resurgence in funding in 2024, setting a new all-time high. This wave of investment is driving rapid growth and renewed interest in decentralized infrastructure. One notable trend is the rise of AI-focused DePIN projects, with nearly half of the top-funded initiatives in 2024 being AI-related.

According to Daily Planet and Messari data, the DePIN market could reach $3.5T by 2028. This growth is fueled by integrating blockchain with physical infrastructure, including storage, computing, and networks.

With increasing investment, growing AI applications, and a global presence, DePIN will play a big role in integrating decentralized technologies with real-world infrastructure.

The Team behind Hivello

Hivello was founded in 2022 by the founders of Banxa, a platform that facilitated over $3 billion in transactions within three years. Dom Carosa, Co-Founder and Chairman, brings 25 years of experience in technology and business. As the founder of Dominant Venture Partners, he has invested in over 50 tech companies and gained extensive knowledge of DePIN networks through his work with Helium.

Andrew Smith, Co-Founder and CEO, previously served as Director of European Operations at Banxa and has over 15 years of expertise in online, mobile, and fintech industries, driving Hivello’s vision with operational excellence. Justin Rosenberg, Co-Founder and CFO, has over 20 years of startup experience, including successfully executing public listings on major exchanges such as ASX and TSX.

Conclusion

Hivello is transforming DePIN mining into an accessible and user-friendly experience for all. By combining a simple interface, low setup costs, and AI-driven personalization, the platform bridges the gap between blockchain complexities and everyday users.

Ready to get started? Download the Hivello Node installation guide for Windows, macOS, and Linux.

Hivello: Simplifying DePIN Mining for the Masses was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.