Blockmate Ventrs Stock Price, News & Analysis

Blockmate Ventures (TSX.V: MATE) (OTCQB: MATEF) announced that Animoca Brands is leading an investment round in its subsidiary, Hivello Holdings, alongside Taisu Ventures, NGC, Blockchange and Contango. Hivello's token (HVLO) is scheduled for listing on Gate.io and MEXC exchanges on February 11, 2025.

Hivello operates as a DePIN aggregator, enabling users to earn rewards by monetizing idle computer resources across multiple decentralized networks. The company aims to simplify DePIN nodes and make them more user-friendly. The HVLO token will power Hivello's decentralized economy, facilitating staking, rewards, and broader participation in DePIN networks.

The token will be issued by the Swiss-based HVLO Association under license from Hivello Holdings Blockmate will not directly issue any tokens or receive proceeds from the token listing.

Blockmate Ventures (TSX.V: MATE) (OTCQB: MATEF) announced that its subsidiary Hivello Holdings has formed a strategic partnership with Neova, a decentralized storage platform. The collaboration aims to expand Hivello's decentralized storage capabilities and make storage more accessible and profitable.

The partnership focuses on several key areas: Hivello may become a node distributor for Neova's decentralized storage network and integrate Neova's protocol into its platform. Hivello will test Neova's nodes on its testnet before the mainnet launch. Both companies will collaborate on co-marketing efforts to promote decentralized infrastructure solutions.

Hivello specializes in simplifying decentralized node management across multiple protocols, while Neova provides secure, privacy-focused data storage through IPFS technology using peer-to-peer and master nodes.

Blockmate Ventures (TSX.V: MATE) (OTCQB: MATEF) announced that its subsidiary, Hivello Holdings, has launched a public token sale for its native token $HVLO. The sale, starting January 31, 2025, will be hosted on three launchpads: DAOMaker, HyperGPT, and EclipsePad.

The Hivello platform enables users to earn passive income by providing unused computing power to third-party networks. The token sale features a fair launch structure with equal terms for all participants. The unlock schedule includes 25% of tokens at the Token Generation Event, followed by a one-month cliff, with remaining tokens vesting over five months. Team tokens will be locked for nine months.

The $HVLO token will be issued by the Swiss-based HVLO Association under license from Hivello Holdings. Notably, Blockmate will not directly issue tokens or receive proceeds from the sale.

Blockmate Ventures (TSX.V: MATE) (OTCQB: MATEF) announced that its investee, Hivello Holdings, has partnered with AIxBlock to integrate decentralized computing power into AI applications. AIxBlock operates a comprehensive AI development platform built on Solana blockchain, featuring compute marketplace, dataset marketplace, and AI human resources, with a $1 million/year enterprise contract.

Hivello, targeting 100,000 users within the next year, offers users passive income for their unused computing power. Through this partnership, Hivello will extend these capabilities to AIxBlock, enabling their users to leverage a network of decentralized computing power as an alternative to traditional data centers. The collaboration aims to bridge the gap between Web2 enterprises and Web3 landscape, making AI and decentralized technologies more accessible to non-technical users.

Blockmate Ventures (TSX.V: MATE) (OTCQB: MATEF) has completed a strategic investment of $1.4 million, led by Antanas Guoga (Tony G). The company issued 14 million units at $0.10 per unit, with each unit comprising one common share and one warrant exercisable at $0.50 until December 2027.

The company has also granted 5,275,000 stock options, 1,200,000 restricted share units (RSUs), and 5,000,000 deferred share units (DSUs) under its incentive plan. Some options and all DSUs exceed the current plan capacity, requiring future shareholder approval.

Director Domenic Carosa received 5 million options and 5 million DSUs, potentially increasing his control to 19.8% of outstanding shares if all securities are exercised.

Blockmate Ventures (TSX.V: MATE) (OTCQB: MATEF) has secured a strategic investment commitment of CAD $1,400,000 from investors led by Antanas Guoga (Tony G). The investment will be structured as a non-brokered private placement of 14,000,000 units at $0.10 per unit, with each unit comprising one common share and a warrant exercisable at $0.50 for 36 months.

Tony G, chairman of Sol Strategies Inc. and former European Parliament member, will acquire 10,000,000 units with a 12-month resale restriction. The funding will support launching new projects, as the company's primary asset, Hivello Holdings , has been independently securing capital since December 2023. The offering completion is subject to TSX Venture Exchange approval.

Blockmate Ventures announces its investee Hivello Holdings has partnered with U2U Network to explore the distribution of U2U nodes within the Hivello ecosystem. U2U's architecture supports over 17,000 transactions per second per sharding, with testing showing 500,000 TPS network-wide and 650 milliseconds finality time.

The partnership aims to leverage Hivello's DePIN (Decentralized Physical Infrastructure Network) capabilities to strengthen U2U network's supply while increasing passive earning opportunities for Hivello users through their idle computing power. U2U Network's advanced node network is designed to power IoT, telecommunications, and AI applications, utilizing Directed Acyclic Graph technology with Helios Consensus.

Blockmate Ventures announces that its investee, Hivello Holdings, has partnered with XYO, the world's largest DePIN network with 8 million nodes across 150+ countries. The partnership aims to combine Hivello's desktop interface with XYO's mobile ecosystem, enabling users to earn passive income through both computing power and geographical data contributions.

XYO's COIN app users spend an average of 3 hours daily earning passive income, while Hivello's recently launched desktop app allows users to monetize unused computing power. This collaboration focuses on expanding earning opportunities in emerging markets and removing technical barriers for users to participate in decentralized networks.

Blockmate Ventures announces that its investee, Hivello Holdings, has launched a public beta version of its passive income application. The Hivello Windows app, which was private beta launched in May 2024, has attracted nearly 30,000 users to its waitlist. The platform enables users to generate passive income by utilizing unused computing power for Web3 DePIN (Decentralized Physical Infrastructure Networks) mining. According to Messari, the DePIN sector is projected to reach $3.5 trillion by 2028. Blockmate holds approximately 50% stake in Hivello, positioning itself to benefit from the growing demand for decentralized infrastructure solutions.