Workflow
Theta Network
icon
Search documents
Blockmate investee Hivello integrates with Theta Network to boost user earnings
GlobeNewswire News Room· 2025-08-12 15:14
Core Insights - Blockmate Ventures Inc. announced the successful integration of Theta Network with its investee Hivello Holdings, enhancing passive income opportunities for Hivello users [1][6] - Theta Network is the 11th Decentralized Physical Infrastructure Network (DePIN) integrated with Hivello, allowing users to monetize idle computing resources [2][6] Company Developments - The integration aims to provide new earning opportunities for Hivello users by enabling them to connect to the Theta Network and monetize their idle GPU and CPU resources [7][8] - Hivello's platform simplifies access to DePINs, reinforcing its position as a central hub for decentralized physical infrastructure networks [7][8] Industry Context - Theta Network enhances video streaming efficiency and reduces content delivery costs by utilizing a decentralized network of users who share excess bandwidth and computing resources [3][4] - Notable content partners of Theta Network include major companies such as Samsung, Sony, and Lionsgate, indicating strong demand for decentralized computing power [4] Leadership Commentary - Justin Rosenberg, CEO of Blockmate Ventures, emphasized that the integration strengthens the Hivello platform and enhances user participation value, signaling growth potential for the user base and ecosystem sustainability [5][9]
Blockmate investee Hivello integrates with Theta Network to boost user earnings
Globenewswire· 2025-08-12 15:14
Core Insights - Blockmate Ventures Inc. announced the successful integration of Theta Network with its investee Hivello Holdings, enhancing passive income opportunities for Hivello users [1][6] - Theta Network is the 11th Decentralized Physical Infrastructure Network (DePIN) integrated with Hivello, allowing users to monetize idle computing resources [2][6] Company Overview - Blockmate Ventures focuses on investing in scalable blockchain, mining, and digital infrastructure companies, providing diversified exposure to emerging sectors within Web3 [9] - Hivello serves as an aggregator of DePIN projects, enabling users to participate in various networks easily and earn passive income by utilizing idle computing resources [11] Technology and Integration - The integration with Theta Network aims to boost user earnings by allowing seamless monetization of idle GPU and CPU resources [7][8] - Theta Network enhances video streaming efficiency and reduces content delivery costs through a decentralized network, benefiting Hivello users by providing rewards for contributing to the network [3][4] Market Demand - The demand for decentralized computing power is underscored by partnerships with major content providers such as Samsung, Sony, and Lionsgate [4] - The integration is expected to expand Hivello's user base and enhance the sustainability of its ecosystem as it aligns with the growing need for computing power in video streaming and AI content [5][6]