Hivello, a platform dedicated to aggregating DePIN (Decentralized Physical Infrastructure Networks) projects, and XYO, the original DePIN, are joining forces to stimulate cross-pollination amongst their users by teaching them how to leverage their hardware devices to generate additional income.
Hivello empowers users to participate in multiple DePIN networks effortlessly by connecting their computer hardware to revenue generating DePIN networks. The platform removes the complexity traditionally associated with decentralized infrastructure, allowing users to earn passive income with their spare hardware in just a few clicks of installing the Hivello desktop app. By aggregating DePIN projects, Hivello creates a gateway for users to contribute to decentralized networks without technical barriers.
XYO, the world’s first and largest DePIN, collects, verifies, and adds context to data for use in a wide variety of Web2 and Web3 projects. Originally designed to provide proof-of-location, proof-of-origin, and geospatial context, XYO continues to provide tamper-proof geospatial data verification for its partners. Through its COIN app, XYO enables users to participate seamlessly in the XYO ecosystem, with over 8 million nodes across 150 countries, spending an average of 3 hours in the COIN app daily. By allowing smartphone users to earn through data collection, XYO has made life-changing impacts—helping participants pay off mortgages, start businesses, and connect entire communities to the global data economy.
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Hivello and XYO’s partnership is built on shared values — both projects are driven to create opportunities for people in emerging markets like Africa and Asia by empowering users to use their consumer devices to earn extra income.
Together, Hivello and XYO seek to build a decentralized ecosystem that benefits everyone. By combining Hivello’s desktop interface and XYO’s mobile-enabled ecosystem, users can effortlessly turn their idle resources into income, whether through contributing geographical data or computing power. This collaboration strengthens each project’s commitment to decentralization and ensures that users can contribute to and benefit from decentralized infrastructure with ease.
For users, this means increased earning potential with seamless access to passive revenue, fewer technical barriers, and the ability to benefit from these new decentralized economies.
“By combining XYO’s proven DePIN network with Hivello’s accessible DePIN desktop platform, we’re unlocking new earning potential for users around the globe. This collaboration is a testament to the transformative power of decentralized infrastructure in building economic opportunities for everyone, everywhere,” said Markus Levin, co-founder of XYO.
SOURCE: GlobeNewswire