Investing.com - Financial Markets Worldwide
⚠ Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Hivello and Mysterium Network collaborate to bring MystNodes to a Broader Audience

Published 08/22/2024, 03:47 PM
Updated 08/22/2024, 04:30 PM
Hivello and Mysterium Network collaborate to bring MystNodes to a Broader Audience

Amsterdam, Netherlands, August 22nd, 2024, Chainwire

Hivello, a leading aggregator of decentralized physical infrastructure networks (DePINs), has announced a strategic partnership with Mysterium Network, a pioneer in decentralized networking and VPN services. This collaboration aims to integrate MystNodes into the Hivello platform, driving mutual growth, enhancing network capabilities, and expanding user engagement within the decentralized technology space.

Hivello and Mysterium Network have formed a strategic partnership to integrate MystNodes into the Hivello platform. MystNodes, with an opportunity to share their internet bandwidth. This collaboration empowers Hivello users to contribute to the idea of an open Internet that is free of censorship and borders, as the traffic contributed from their devices is used for Mysterium VPN – a decentralized VPN that is also a product of Mysterium Network.

Key Features of MystNodes Integration:

  • User Participation & Rewards: MystNodes is powered by users sharing their unused internet bandwidth with the network, for which they receive crypto rewards. This, in turn, incentivizes network growth and resilience.
  • Noble Goal of Open Internet: The unused internet bandwidth is utilized to power Mysterium VPN, a product created by the same company. As the main goal of this decentralized VPN is to fight internet censorship and to remove any borders on the Internet, users contribute to this noble cause.
  • Strengthening Decentralization: Integrates with Hivello’s DePIN ecosystem, bolstering the decentralized infrastructure and enhancing user control over online activities.
    • In this partnership, both Hivello and Mysterium Network will provide substantial support to ensure the successful integration of MystNodes into the Hivello platform. Hivello will offer ongoing technical support, including regular software updates, to guarantee a seamless user experience. Additionally, Hivello will leverage its network to connect Mysterium with potential partners and users, expanding the reach of MystNodes. On the other hand, Mysterium will enhance the integration by linking Hivello to other DePIN projects and supporting the adoption of Hivello’s platform within its decentralized ecosystem.

    "Our collaboration with Hivello represents a significant step in expanding our network and driving the adoption of decentralized technologies. By working together, we’re able to connect our MystNodes network with a broader audience, providing them with opportunity and a way to contribute significantly to censorship-free internet. This partnership is about creating a more open and secure internet for everyone involved." said Guoda Sulcaite, Head of Marketing at Mysterium Network.
    "This partnership with Mysterium Network is a strategic move to enhance our platform’s capabilities and provide our users with the means of contributing to safer and more open Internet. By integrating MystNodes, we’re ensuring our community benefits from the rewards that the app offers while also becoming a part of a movement focused on uncensored Internet that is the same to everyone, wherever they may be." said Domenic Carosa, Co-Founder of Hivello.
    About Mysterium :

    Mysterium Network is a decentralized, open-source platform designed to provide secure, private, and censorship-resistant internet access through its global network of nodes. The platform enables peer-to-peer networking and unblocking solutions, ensuring anonymous and encrypted connections. Users can choose their exit node by city for a hyperlocal browsing experience, while developers can build on Mysterium's robust infrastructure to create decentralized applications.

    Website | X | Discord

    About Hivello :

    Hivello is an aggregator of DePIN projects that allows any user to participate in a variety of DePIN networks with just a few clicks. This eliminates the technical hurdles that many users face when trying to join these networks. They aim to create a simple app that allows users to contribute their computer resources, with no technical knowledge required. It's as easy as downloading, installing, and running nodes, making complex technologies accessible to all.

    Website | X | Discord

    ContactMarketing CoordinatorKarla Janse van RensburgHivellokarla@hivello.com

    This article was originally published on Chainwire

    Latest comments

    Install Our App
    Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
    Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
    Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
    It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
    Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
    © 2007-2024 - Fusion Media Limited. All Rights Reserved.