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Blockmate subsidiary Hivello launches its passive income application in public beta

Blockmate subsidiary Hivello launches its passive income application in public beta

Blockmate Ventures Inc (TSX-V:MATE, OTCQB:MATEF) chairman Domenic Carosa talked with Proactive about the launch of Hivello's public beta version. This innovative application, described as "Airbnb for your computer," enables users to share resources like storage, IP addresses, CPUs, and GPUs, generating income from idle devices.

Carosa highlighted that the app simplifies decentralized participation by requiring minimal technical knowledge—just a computer connected to power and the internet. The beta version already boasts close to 30,000 people on the waitlist and several thousand active nodes, even before the marketing campaign has fully launched.

Hivello allows users to contribute to a global decentralized network with no upfront cost, as the company operates on a revenue-sharing model. Carosa emphasized the growing demand for GPUs, particularly for AI model training, as a major driver of interest. He also revealed that Hivello is valued at over C$20 million and is currently raising capital.

With Blockmate Ventures owning over 50% of Hivello, Carosa expressed optimism about the project's growth potential. He stated, "The opportunity is almost endless, with millions of unused devices worldwide that can generate income for their owners."

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