In preparation for an upcoming token launch in August, Hivello, the developer of Decentralised physical infrastructure networks (DePIN), has announced partnerships with three technology agencies. These agencies include Luna PR, a Dubai-based marketing firm, Winn Solutions, a technical growth agency, and Forgd, a blockchain specialist. The goal of these partnerships is to help Hivello expand its reach to both seasoned crypto enthusiasts and newcomers, allowing them to participate seamlessly in the decentralised economy.
Luna PR will utilize its expertise within the Web3 space, while Winn Solutions, known for working exclusively with projects showing exceptional potential, will assist with strategy and launch plans alongside Forgd, providing tools and protocol performance before and after the token generation event (TGE).
Domenic Carosa, the chair and co-founder of Hivello, expressed enthusiasm for the partnerships, stating that they signify a powerful convergence of vision and expertise to grow the DePIN sector. Nikita Sachdev, CEO of Luna PR, believes that the collaboration will lead to greater crypto adoption in the market, emphasizing the need for innovation to encourage broader adoption of Web3 technologies.
Jared Winn, founder of Winn Solutions, sees the collaboration with Hivello as an opportunity to push the boundaries of what is possible in the DePIN space, aiming to enhance user experience and accessibility of decentralised infrastructure. Shane Molidor, CEO of Forgd, echoed Winn’s sentiments, highlighting the arsenal of tools available to support successful token launches and expressing confidence in a successful TGE with Hivello.
Hivello, a venture of global investment vehicle Blockmate Ventures (TSX-V: MATE), aims to leverage under-utilized computing power worldwide to create a DePIN network, offering internet users a platform to generate passive income. Through Hivello, Blockmate seeks to democratize access to decentralised infrastructure, making it accessible to individuals without requiring extensive technological knowledge.
DePIN, the application of blockchain technology to physical infrastructure, aims to create decentralised networks for various tangible systems such as energy grids, supply chains, telecommunications, real estate, and transportation. These networks enable peer-to-peer trading, automate transactions through smart contracts, and provide transparency and traceability in supply chains to prevent fraud and illicit activities.
Research estimates the potential market size of the DePIN sector to be around $2.2 trillion, with projected growth up to $3.5 trillion by 2028. Domenic Carosa believes that Hivello’s vision and long-term business strategy can be accelerated through partnerships with reputable agencies, positioning the company as a pioneer in the rapidly expanding DePIN space.
