Hivello (HVLO)

What is Hivello protocol? 🤔

Hivello is the pioneering DePIN protocol on the Solana blockchain aiming to demystify the web3 DePIN space by offering a more user-friendly solution to anyone who is willing to start earning rewards for providing their free computer resources.

It offers a more unified interface for users to interact between multiple DePIN dApps while simplifying the process of node installation, delivering enhanced user experience for further mass adoption of DePIN technology in the web3 industry. This is achieved by integrating the multiple dApps and leveraging AI (Hivello Intelligence) for mining rewards optimization within its platform. 

What’s more, Hivello DePIN protocol soon will release a feature of converting the mining rewards acquired across integrated dApps into the stablecoins, fiat, or its native token $HVLO to later withdraw them from the platform. This way, users are able to explore new mining opportunities, install nodes with no code knowledge requirement, effectively share computing resources with various DePIN projects simultaneously to diversify their earnings, as well as receive and withdraw mining rewards in a single currency. 

On the other hand, DePIN projects have an opportunity to acquire additional computing power on its platform, offering the best yield rates to the Hivello crypto protocol. For its services, the Hivello app charges a commission or management fee from 10% to 50% from DePIN tokens mined through the app. 

🪙 Hivello token ($HVLO): According to the info provided by the team on the DAO Maker sale page, $HVLO will be the native Hivello token used by node runners for enhancing their mining rewards share up to 120% via staking the $HVLO tokens. On January 24th, 2025 the platform announced public token sales on a few IDO launchpads including DAO Maker, and HyperGPT, aiming to raise over $950K from both rounds.

Considering the upcoming token sales of $HVLO on the DAO Maker and potentially rising interest among the crypto community, our team conducted research on the Hivello crypto project and found some interesting pros and cons:

✅ Hivello pros:

• Small FDV at the launch of the project ($45M). To compare, the main competitors in space like Masa, Grass, and Io.net, have 190M, $2B, and $2.5B FDVs accordingly;
• Low Initial Circulating Supply (only 13.97%);
• Decent token inflation rate (nearly 20% annually);
• Above the average SMM, Growth Marketing, SEO, and Marketing Infrastructure scores;
• A diverse ecosystem of partners, actively collaborating with the project.

❌ Hivello cons:

• The product isn’t fully aligned with current market trends (AI agents) but has some relation to this industry as a DePIN provider;
• The DePIN sector hasn’t shown positive performance over the past 30 days;
• No security audits;
• Weak Influencer Marketing;
• Very low PR score;
• Lack of tier 1 crypto funds backing the platform despite of the presence some solid investors, like MEXC Ventures;
• No top-tier partners supporting the project;
• Lack of work experience in top-tier companies among core team members.