Welcome to our dedicated page for Blockmate Ventrs news (Ticker: MATEF), a resource for investors and traders seeking the latest updates and insights on Blockmate Ventrs stock.
Blockmate Ventures Inc (MATEF) provides investors and technology enthusiasts with comprehensive updates on its ventures in blockchain infrastructure, artificial intelligence, and sustainable energy solutions. This dedicated news hub aggregates official announcements, strategic partnership details, and operational milestones from the company and its incubated projects like Hivello and Sunified.
Users gain access to verified updates including technology deployments, ecosystem expansions, and industry collaborations that shape the decentralized economy. The curated feed covers essential developments in decentralized physical infrastructure networks (DePIN), Web3 innovations, and renewable energy digitization initiatives.
Bookmark this page for real-time insights into MATEF's venture creation model and its portfolio companies. Check regularly for updates on node network advancements, AI integration projects, and strategic moves within the blockchain investment landscape.
Blockmate Ventures announced that its investee, Hivello Holdings, has partnered with IoTeX, a DePIN modular infrastructure platform. This collaboration aims to boost the global visibility of Hivello by enabling users to dual-mine the Hivello-based DePIN and $IOTX. IoTeX, with a market cap exceeding $380 million, will list Hivello on its DePINScan.io platform, enhancing Hivello's reach. Blockmate, owning a 67% stake in Hivello, noted that Hivello completed a $2.5 million funding round in February 2024, valuing it at $9 million. The partnership seeks to simplify Web3 mining, encouraging passive income generation by using idle computing power and integrating IoTeX's technology into Hivello's platform.
Blockmate Ventures' investee, Hivello Holdings, has announced a token launch for its DePIN platform, scheduled for August 30, 2024. Supported by strategic partnerships with Luna PR, Winn.Solutions, and Forgd, the initiative aims to simplify Web3 mining for users and generate passive income through unused computing power. The Hivello Windows app, which launched in private beta in May 2024, attracted over 20,000 waitlist subscribers. In February 2024, Hivello completed a $2.5 million funding round, achieving a pre-money valuation of $9 million. Additionally, Hivello was recognized as a Top 20 startup at the Proof of Talk Conference in Paris.
Blockmate Ventures is excited to announce the private beta launch of the Hivello app at Consensus 2024 in Austin, Texas. Hivello, a Web3 mining application, has garnered significant attention with 19,600 users on its waitlist. The app simplifies Web3 mining for novices, enabling passive income through decentralized physical infrastructure networks (DePINs) like CPUs, GPUs, and data storage. Blockmate, holding a 67% stake in Hivello, recently completed a $2.5 million funding round, valuing the company at $9 million. The DePIN market is estimated to grow from $2.2 trillion to $3.5 trillion by 2028. The app aims to democratize access to decentralized infrastructure, offering an easy-to-use platform compatible even with lower-end hardware.
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