Blockmate Ventures' investee, Hivello Holdings, has launched a private beta of its passive income generation app at the Consensus 2024 conference. The app, which simplifies Web3 mining for novices, has attracted 19,600 users to its waitlist. Hivello aims to democratize access to decentralized infrastructure and allow users to earn passive income through their computing resources. The company has raised $2.5 million in funding and is valued at $9 million.

Hivello Launches Private Beta App for Web3 Mining at Consensus 2024