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About Hivello

We are dedicated to simplifying DePIN nodes for the masses, aiming to break down the complex barriers often associated with decentralized networks and making them more accessible and user-friendly for everyone.

We are in the process of building a radically simple desktop app. This app is designed to empower users by enabling them to earn a passive income simply by contributing their computer resources. This innovative approach not only benefits the users but also strengthens the overall network.

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What we are building

We are unlocking a new way for people to take part in web3 projects and earn passive income - no blockchain experience necessary. Our technology enables users to install an app on their physical devices like computers, routers, modems and storage nodes; by contributing resources they can start mining DePIN (Decentralised Physical Infrastructure Networks) protocols for Web3 applications without any specialized technical knowledge.

Meet our team

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Domenic Carosa

Co-founder & chairman

25+ years of combining business and technology. Founder & Chairman of TSX listed fintech Banxa Holdings, Co-Founder of Apollo Crypto. Invested in over 50 technology based companies via venture fund Dominet Venture Partners.

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Justin Rosenberg

Co-founder & CFO

Since working as a Chartered Accountant, Justin has advised and raised capital for start-ups for over 20 years. These have included companies listed on the Australian Securities Exchange (ASX) and the TSX Venture Exchange. Justin is originally from Sydney, Australia and is now based in Toronto, Canada.

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Andrew Smith

Co-founder & CEO

15+ years in online, mobile and FinTech business. Previously co-founder & Director of European Operations for Banxa; beginning in Australia in 2014 and exiting the business in 2021 as a TSX-listed fintech.

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Simon Crean

CTO & CPO

Innovative leader with expertise in software, product development, and growth across Ecommerce, Media, and Telecommunications. Holds advanced degrees in Entrepreneurship, Computer Science, and Data Science.

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A few of our milestones

    November 2024

    Global Investor Summit

    We took part in the VNTR Capital Investor Summit during the Web3 Summit in Lisbon, where Domenic delivered a keynote presentation, and we showcased Hivello through an exhibit and demo.

    October 2024

    Launched Public Beta

    Successfully launched public beta and opened up Hivello to the public!

    September 2024

    Launched Private Beta

    Successfully launched Private Beta to our community.

    September 2024

    Token2049

    Attended and exhibited at Token2049 in Singapore, participated in a bunch of side events, captured new leads, made new connections and Demoed Hivello to attendees.

    June 2024

    Consensus 2024

    Sponsored and exhibited at Consenus 2024 in Austin, Texas.

    April 2024

    Beta testing

    Hivello starts testing with Beta user group.

    January 2024

    $2.5m USD Funding

    On the back of strong demand, closed an additional USD $1.5 million in funding.

    December 2023

    $1m USD Funding

    Closed a USD $1 million seeding funding round.

    December 2022

    Hardware to Software

    Pivoted from mining hardware to mining software, commenced work on commercialising platform. Built MVP for backend mining management platform.

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