Hivello Review – Earn Passive income by sharing your Computer resources

As the technology industry is now focusing on centralized solutions and the issue of data ownership, Web3 is emerging as a new solution. They assure a fair, safe and user-friendly digital world which is more suitable compared to the old model. But the technical challenge, most of the time, discourages many people from engaging in the process.

Hivello solves this problem by giving users a single access point to the decentralized environment. Hivello enables every person to participate in DePIN and provide the unused computing resources for developing and supporting more web3 projects.

Therefore, by becoming the member of Hivello, you can contribute to the development and the changes in the digital world. Finally, while making passive income from investments and receiving revenue from advertisements, you support a decentralised, transparent and more secure web. As the rates of data leakage and website blocking are only growing higher, Hivello presents a real option.

Hivello is not just a platform but also a change maker. It makes people feel that they are in charge of their presence on the internet and making the future a far better one than what it currently is.

What is Hivello?

Hivello is a platform that enables anyone to easily invest in and generate passive income from Decentralized Permissively Joined Networks (DePINs). This means that irrespective of your knowledge on blockchain technology, you can put in your resources and start receiving your rewards.

How to get started with Hivello?

• Download the Hivello app: The app needs to be installed on the device, available on the form of a computer, router modem, or storage node.
• Contribute resources: Hand over your device’s resources which may include the processing power or the storage space of the device to the network.
• Earn rewards: In return, you get to be paid for the work that you will be doing.

Since Hivello worked on Blockchain technology your data is stored at nodes, it is safe from the possibility of being controlled by a single authority.

You can start your earning by simply following the following below steps:

1. Installation of chain

Install the chain and keep it running to earn the passive income.

Select the Install button on each chain and you will be able to install the DePIN chain on your machine.

2. Add Bank Account

Add your bank account details to receive the earnings from Hivello.

DePIN’s in Hivello

Hivello hosts three Decentralized Physical Infrastructure, where by participating in you can share your computer resources and earn rewards. The details about such DePIN are mentioned below:

How Hivello works?

This section will guide you through the steps to install the Hivello application but Before installation of Hivello, prerequisites should be kept under the consideration.

1.Mysterium

Mysterium is a decentralized VPN which uses the network of nodes to provide secure and private connections to Internet.

It is different from conventional VPNs as it does not use a single server that connects all its users.

It does not use the available bandwidth of a specific individual to whom the device belongs but from numerous people willing to share the network.

For providing network bandwidth, users will be compensated in MYST tokens that are native to the Mysterium network.

2.Sia

Sia is a decentralized cloud storage solution that aims to provide a more secure cloud storage and is an alternative to traditional cloud storage platforms.

Here you can contribute your unused computer storage and participate in the network.

You can earn Siacoins for renting your storage and the more you contribute to this network the more you will get the reward.

3.Liverpeer

Liverpeer is a decentralized video transcoding network so that people can stream video efficiently at scale.

Liverpeer is different from most centralized video platforms; the transcoding is spread out to several nodes which saves resources.

To transcode live streams you can contribute your device processing power, the more powerful your device is and the longer you participate the higher your earning potential will be.

Features & Benefits of Hivello

• Simplified user interface: Ensures that even ordinary users who have limited knowledge of computer systems can engage in DePIN exercises.
• Educational resources: Offers information regarding DePIN and the related technologies or solutions that the users might be interested in.
• Stablecoin and fiat payment options: Eliminates the high risks involved in cryptocurrency trading reducing it to more manageable and easily relatable risks for the majority of the population.
• Security and reliability: Since it uses Blockchain technology the security and privacy is top notch on Hivello.

Hivello Review: Conclusion

Overall, it can be said that, Hivello is one of the best tool for a person having less skills to generate passive income as Hivello utilizes only your computer resources and provides you passive income in return in the form of different coins.