Blockmate investee Hivello adds Theta Network

Executive Summary

• Blockmate Ventures Inc.'s investee, Hivello Holdings, has integrated the Theta Network, marking the 11th decentralized physical infrastructure network (DePIN) to join the Hivello platform.
• The integration allows Hivello users to monetize idle computing resources (GPU and CPU) by connecting to the Theta Network, earning passive income in exchange for contributing to decentralized video streaming and AI content delivery.
• Theta Network serves as a decentralized alternative to centralized servers, offering video streaming efficiency and cost reduction, with major content partners including Samsung, Sony, and Lionsgate.

Key Details

• Integration Details: Hivello integrated Theta Network as its 11th DePIN partner.
• User Benefit: Users can seamlessly connect to Theta Network via the Hivello platform to earn passive income by sharing excess bandwidth and computing resources.
• Technical Function: Theta Network utilizes a decentralized network of users to share resources, reducing reliance on centralized servers, lowering infrastructure expenses, and delivering faster, more reliable streams.
• Use Cases: The technology supports high-quality e-sports broadcasts and decentralized video platforms, as well as AI content processing.
• Strategic Context: Blockmate CEO Justin Rosenberg noted the integration strengthens the Hivello platform and boosts user participation value, following Hivello's first buy-back and burn event the previous month.
• Ecosystem Growth: The partnership aims to expand the Hivello user base and enhance ecosystem sustainability by attracting networks seeking computing power for video and AI.

Notable Quotes

• Justin Rosenberg, CEO of Blockmate Ventures: "Integrating Theta Network strengthens the Hivello platform and boosts the value of user participation. Off the back of Hivello's first buy-back and burn last month, this partnership is a great signal towards expanding the Hivello user base and enhancing the sustainability of the ecosystem as networks like Theta seek more computing power to process video streaming and AI content."
• Domenic Carosa, Co-founder and Chairman of Hivello: "Integrating Theta Network is an exciting step in our journey to build the most comprehensive aggregator of DePIN. This partnership not only provides our users with new, high-demand earning opportunities but also reinforces our commitment to supporting the growth and stability of key players in the decentralized space. We're proud to welcome Theta as our 11th network."