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Hivello aims to unlock DePIN mining for every web3 user by unifying and enhancing user experience. It aggregates multiple DePIN networks within its app, allowing users to receive mining rewards from multiple sources. $HVLO is a utility token of the platform, used for paying mining rewards, and staking to increase rewards share from mining via staking.
On January 31st, 2024, the Hivello crypto company closed a $1.5M Private funding round with the participation of NGC, Blockchange, Cypher Capital, and others.