"Tony G Backs Hivello's Decentralized Compute Revolution"

Generated by AI AgentCoin World
Thursday, Feb 13, 2025 11:57 am ET1min read
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Hivello, a decentralized compute platform, has secured a strategic investment from Antanas "Tony G" Guoga, a prominent blockchain investor and entrepreneur. The investment will support Hivello's mission to scale decentralized compute networks and enable users to earn rewards by monetizing their idle computer resources.

Tony G, the chairman and major shareholder of TSXv-listed Sol Strategies Inc., has a proven track record of backing high-growth Web3 startups. His investment in Hivello underscores his belief in the potential of decentralized physical infrastructure networks (DePIN) as a major growth sector in Web3.

Hivello's platform aggregates DePIN projects, making it easy for users to participate in various networks with just a few clicks. This eliminates technical barriers, allowing users to earn passive income by mobilizing their idle computers. The platform's $HVLO token incentivizes users to contribute compute, storage, and networking resources to DePIN protocols.

With listings on Gate.io, MEXC, and Raydium, Hivello ensures greater liquidity, accessibility, and trading flexibility for a global user base. The platform's approach to simplifying and scaling DePIN has garnered the support of Tony G, who sees significant potential in Hivello's vision.

Domenic Carosa, Co-Founder of Hivello, expressed his enthusiasm about the investment, stating, "Tony G's deep expertise in blockchain and infrastructure scaling, combined with his ability to back high-growth projects, will help accelerate our mission to make DePIN accessible to millions of users worldwide."

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