State of Hivello : Mid-year Report 2025

Here’s Our Mission for 2025:

1. Aggregate 10+ DePIN networks during our beta
2. Build strong, long-term partnerships with current and future DePINs
3. Launch the $HVLO token as the fuel behind the Hivello ecosystem
4. Roll out 3 major airdrop campaigns to reward and grow our community
5. Reach $10/month average revenue per node during beta.
6. Simplify the experience so even non-crypto users can run nodes with ease
7. Enable in-app HVLO wallets, staking, purchases, and withdrawals

Now, let’s break it all down to what we’ve shipped, what we’ve learned, and what’s coming next.

 

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Network Expansion & Optimization

We’ve expanded our DePIN coverage, integrating 9 new high-potential networks into the Hivello platform: Theta, Storj, Autonomi, Nosana, Swarm, Golem, Sentinel, Livepeer, and Mysterium. Combined with AIOZ and Filecoin (added in 2024), Hivello now supports a total of 11 live DePIN networks, offering more diversity and earning opportunities for our users.

But this is just the beginning.

For now, our focus is on optimizing what’s live, boosting stability, uptime, and performance to keep your rewards consistent and stress-free.

But, our mission is to aggregate and orchestrate as much of DePIN within one simple app. In the second half of 2025, we’ll add even more networks, going beyond our original goal.

 

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$HVLO : Our Token's Journey

2025 marked the birth of $HVLO and what a start it’s been. We TGE’d at an absolutely horrible time, just as Trump threw all markets into chaos with his tariffs announcement. Hivello was listed on Raydium, MEXC, and Gate.io, from the start with a very small circulating supply, due to the vast majority of early stage and private sale tokens being locked up in vesting contracts.

Our token listed on CoinMarketCap and CoinGecko, however due to a completely false algorithmically generated warning from Rug Check, both platforms had a caution notice advising users against buying HVLO.

Unfortunately the vesting platform we used, despite being reputable, was not recognised by Rug Check and so their "algorithm" decided we had a large concentration of tokens in project held wallets.

In reality these “wallets”, were actually smart contracts which held the funds for each of our tokenomics buckets. HVLO tokens that would vest slowly over years, over which our team had no control.

 

It took us months and a colossal effort to remove the warning from both platforms however we persevered and both CMC and CoinGecko saw sense.

We then pushed on and made $HVLO even more accessible through integrations with Banxa and Binance Wallet.

Our first airdrop saw 25 million $HVLO distributed. It wasn’t without challenges, many tried to game the system and essentially steal tokens from our loyal community members, but we acted fast, learned a lot, and laid the foundation for a more robust rewards model.

Mid-summer Airdrop 2 was announced, due to land at the end of August 2025, with 50 million $HVLO set aside for users actively contributing to the ecosystem. We have engineered a much more detailed system for Hivello-AD#2 which will make it impossible for users to game and where our most valued community members have the greatest chance to secure the greatest rewards.

This represents a positive evolution of our Airdrop process and Airdrop 3 (Hivello-AD#3) will be a further evolution in this journey and will happen before the end of the year.

As the Hivello ecosystem grows, we will continue to evolve not just the node application but also the tokenomics and utility of $HVLO to ensure it delivers real, long-term value for token holders, and for our awesome community who are at the heart of helping to build it.

 

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User Rewards

This is our north star.

Hivello is for everyone and while at the moment we have many users earning $30-$50 per month (and beyond), we get out of bed early to make sure every user can make at least $10 per month by lending out the resources on their computer they are not using.

Network partner token price fluctuations, supply:demand with a lot of the networks and the nascent aspect of DePIN means this is a challenge of sizable proportion but one we are up for. After all, Radically Simple means we are determined to do the heavy lifting required to make Hivello a household name.

 

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App & Node Improvements

You know all that hard work happening behind the scenes that sometimes goes unnoticed? Well we’ve been quietly making Hivello faster, lighter, and more reliable so your experience keeps getting better:

• Lower CPU usage for better device performance
• Faster startup times so you earn sooner
• Improved container stability for smoother DePIN operations
• Stronger uptime with enhanced auto-start and auto-update features
• In-app HVLO purchasing and easier node management
• Added dashboard earnings display (converted to USDT).
• Improved device and network visibility, including sortable device cards and OS-based compatibility filters.
• Simplified sign-up and login (now supports X and Discord).
• Added quick user feedback tools and surveys for ongoing input.

Keep in mind, Hivello is still in beta and we made it live so you can help us test, shape, and improve the product in real time. We’re shipping updates every two weeks, constantly making it better based on your feedback.

 

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Wallet & Sign-In Enhancements

As part of our mission to make decentralized rewards simple and accessible, we’ve added support for Phantom and MetaMask wallets making it easier to sign in, get started, and connect to the Hivello ecosystem.

We’ve also optimized the wallet setup flow specifically to prepare users for airdrops. Whether you're new or already earning, your wallet is now fully integrated so you can seamlessly qualify for and receive HVLO rewards.

Withdrawals? They're in progress so read on...

 

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Withdrawals

Withdrawals have been one of the most requested features and yes, it’s in progress.

We’re rolling it out in three phases:

1. Withdrawal of all mined rewards as HVLO
2. Withdrawal of mined rewards as USD stable coin
3. Bank withdrawals (where supported)

We’ve made substantial progress through the development of Phase 1, but on multiple occasions we have had to shift focus to DePIN network upgrades & optimization. When prioritising the work done in any of our development sprints, we always prioritise work that will have the largest impact for the largest number of users.

This is not as simple as flipping a switch. Multiple chains and in some cases high network fees means we have no choice but to implement minimum withdrawal thresholds for each mined token.

As of the time of writing this report we are currently in an optimization cycle. DePIN network partners upgrade their infrastructure regularly and as a consequence we also must do upgrades and re-do optimizations. This work affects all active users and helps increase the profitability of every node.

By contrast withdrawals if launched on July 1st would only be available to a very small percent of all users.

We are committed to launching phase 1 of withdrawals in 2025

 

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Points, Referrals & Leaderboards

We kicked off the gamified layer of Hivello, turning uptime, referrals, and consistency into points, perks, and a bit of healthy competition.

Here’s what’s buzzing so far:

• Points are directly tied to your uptime and earnings
• You can track your progress easily across the app and dashboard
• Streaks reward consistency and keep you coming back
• Leaderboards stir up friendly rivalries and highlight our top contributors
• We also launched our referral program making it easier than ever to invite friends, grow the hive, and earn together
• All users can earn 10,000 airdrop bonus points for every referral who stays active for 30 days

 

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DePIN Coffee Hour : Livestream podcast series

• Launched our DePIN Coffee Hour livestream series. This initiative is quickly becoming a beloved staple, now at Episode 23 (as of this report), the initiative has reached an all-time high of over 184,000 views for a single episode, while total views across all episodes are approaching 1 million and are still growing week after week.
• It's designed for industry insights and to make the sector more accessible for the key user base of Hivello, which is the everyday man and woman but also crypto natives alike through lively discussions with industry leaders and builders.
• This helps us achieve our objective of building strong partnerships with all of DePIN and increases visibility for our project and those of our guests.
• To further build our network, we have created an exclusive "green room" community. This group is strictly for our past DePIN Coffee Hour guests, bringing together industry thought leaders in a dedicated environment for them to network, connect, and build relationships with one another, all in an effort to foster collaboration and growth.

 

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Looking forward to the next 5 years…

We believe that Hivello is the future for large scale resource supply to DePIN Networks who can plug into our network of node runners. To this end we will be developing an SDK and a framework that any DePIN Network can use to simply plug-in to our network. This along with other product updates such as more advanced withdrawal mechanics (auto deposit in FIAT to bank account for example) and other community suggested features will continue to be added as the product evolves to being fully ready for market.

Additionally of course we will continue to add DePIN networks, as well as optimizing the existing ones, equipping our AI functionality to personalise the orchestration experience and guarantee each node runner is working with the most profitable DePINs for their machine.

To wrap up this report our CEO Andrew Smith wanted to add a note:

What we're building here is a new way for people to empower and earn in a more decentralized world. I’m incredibly proud of what we've built in beta, but we’re not slowing down. Our focus is squarely on the future: taking Hivello out of beta and into the hands of millions.

Our mission is simple: bring the best DePIN networks together in one app so anyone can earn passive income. No complexity, no jargon, no tech skills required.

To get there, we’re obsessed with two things. First, performance: we’re pushing hard to hit a minimum $10/month in rewards per user. Second, simplicity: making the experience so smooth that anyone can run a node and start earning, no crypto experience required. This is about turning the idle computer power everyone has at home into real-world impact, whether that's helping pay an electricity bill or creating a whole new source of income for a family. That's the future we're building.

Andrew Smith, CEO & Co-founder of Hivello

 

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