Hivello and Zulu Partner to Advance Decentralized Infrastructure and Bitcoin Ecosystem
August 08 2024 - 9:22AM
Hivello, a leading DePIN aggregator, and Zulu Network, a
pioneer in Bitcoin Layer 2 solutions, are pleased to announce their
strategic partnership aimed at accelerating growth and
technological innovation. This collaboration brings together
Hivello’s expertise in decentralized physical infrastructure and
Zulu’s advanced blockchain technology, positioning both companies
to enhance their impact in the Web3 ecosystem.
Both Zulu and Hivello share a vision for decentralization, with
Hivello's focus on decentralized physical infrastructure (DePIN)
complementing Zulu's blockchain innovations, particularly in the
realms of EVM compatibility and Bitcoin security.
Through this partnership, Zulu Network plans to explore
expanding into the DePIN space by leveraging Hivello’s platform and
stack for future integrations. By doing so, Zulu will scale its
offerings, attracting more DePIN projects and end-users, and
solidifying its presence in the DePIN market.
For Hivello, partnering with Zulu brings the advantage of
accessing Zulu Network’s global structure and international
audience, significantly broadening Hivello’s reach. Additionally,
this collaboration will enhance Hivello’s footprint in the Bitcoin
ecosystem, with potential integrations of Bitcoin and DePIN on the
horizon.
This strategic partnership is set to deliver substantial
benefits to the broader crypto and Bitcoin ecosystems. By combining
Zulu’s expertise in Bitcoin Layer 2 technology with Hivello’s
advanced DePIN capabilities, the collaboration aims to foster
greater transparency, accessibility, and interoperability in the
blockchain space. Moreover, this partnership is expected to drive
the adoption of decentralized applications (dApps) and DePIN
technologies, contributing to the overall growth and maturity of
the Web3 ecosystem.
Zulu’s Co-Founder, Eric Lifson, added, “Partnering with Hivello
enables us to expand our platform’s capabilities into the growing
DePIN sector, providing our users with more opportunities to engage
with decentralized infrastructure projects.”
“Partnering with Zulu opens up new possibilities for Hivello
users, giving them access to the Bitcoin ecosystem and expanding
our reach within the blockchain space,” said Domeninc Carosa,
Chairman & Co-founder at Hivello.
About Zulu:
Zulu Network is a new class of Bitcoin Layer 2 to move the
Bitcoin economy forward, empowering the Bitcoin ecosystem through
exciting innovations. Zulu is the first Bitcoin Layer 2 to achieve
Bitcoin-level security using BitVM2, enabling developers to
seamlessly deploy dApps on both EVM & UTXO layers. Join their
755k+ users and start earning and shaping the future on Bitcoin
with Zulu.
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About Hivello:
Hivello acts as an aggregator for DePIN projects, offering users
a unified platform to participate in multiple DePIN networks. This
allows individuals to contribute idle device resources, manage
participation, and mine across various DePINs, making it easier for
both newcomers and experienced users to earn rewards and generate
revenue. By streamlining this process, Hivello empowers a broader
audience to engage with and benefit from decentralized
technologies.
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Contact information:
Karla Janse van RensburgMarketing Coordinator @ Hivello
karla@hivello.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/0e23cc5c-bbb3-4b87-8e49-dd0db392b72b