Blockmate Ventures Inc. develops and backs businesses in blockchain, Web3, Bitcoin and digital infrastructure. News about Blockmate Ventures centers on portfolio updates for Hivello, Blockmate Mining and its Bitcoin treasury division, along with AI infrastructure initiatives and digital-asset capital allocation.
Recurring developments include Hivello's DePIN platform integrations, partnerships, token utility and security features, as well as its platform model for connecting idle computing resources to decentralized networks. Company updates also cover Bitcoin-linked infrastructure products, mining strategy and changes across Blockmate's venture-builder portfolio.
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Blockmate Ventures Inc (TSX.V: MATE) has announced the beta launch of its subsidiary Hivello, an application designed to help users earn passive income by utilizing idle computing resources. The app enables users to earn up to US$20 monthly by running automated Web3 software without technical expertise. CEO Justin Rosenberg emphasized Hivello's potential to generate high-margin revenue by connecting users to decentralized Web3 projects. Hivello earns a margin on the revenue generated through the platform. With a projected user base exceeding 100 million internet users, the full commercial launch is expected during Bitcoin Miami in May 2023. The market capitalization of related DePIN protocols has already surpassed US$12 billion, indicating the growing trend in decentralized technologies.