“DePIN is positioning itself as the next big use case for blockchain technology and the Web3 ecosystem.”
Today’s livestream is one you don’t want to miss. Blockchain and Web3 are reshaping how we think about technology, data ownership, and value exchange. Unlike today’s centralised systems, blockchain offers decentralised, transparent, and tamper-proof ecosystems, empowering individuals to control their data, assets, and interactions.
This shift goes beyond technology – it’s a societal transformation that promises greater privacy, security, and equitable participation in digital economies. Web3 builds on this by enabling active user ownership and governance, redefining industries like finance, gaming, and supply chains through blockchain’s decentralised framework. For the first time, anyone – regardless of their background – can engage and benefit.
With over 25 years of experience in business and technology, today’s guest is a trailblazer in the digital space. He rose to prominence in the late 1990s as the founder of one of Australia’s largest independent digital music platforms. In 2000, at just 25 years old, he became the youngest CEO of a publicly listed company in Australian history.
Domenic Carosa is a serial entrepreneur, investor, blockchain expert, self confessed AI nerd and the visionary Chairman and Co-founder of Hivello, a groundbreaking platform that simplifies access to Decentralised Physical Infrastructure Networks (DePIN).
DePIN is an essential pillar in realising the full potential of Web3. While blockchain has excelled in creating digital assets and smart contracts, DePIN bridges the gap between physical and digital worlds. It enables individuals to contribute tangible resources – such as bandwidth, storage, and computing power – to decentralised networks, creating a new layer of infrastructure that underpins Web3 applications.
By decentralising critical infrastructure, DePIN reduces reliance on monopolistic entities while creating passive income opportunities for individuals and it democratises access to Web3 participation, allowing anyone to earn rewards by mobilising unused resources.
Hivello allows users to participate in multiple DePIN networks with just a few clicks, overcoming the technical barriers that often deter mainstream adoption. The platform enables users to earn passive income by leveraging idle computer resources, offering a revolutionary way for anyone, regardless of blockchain experience, to engage with Web3 technology.
Hivello’s core innovation is an intuitive desktop app that empowers users to contribute to DePIN protocols effortlessly. By installing the app on a range of devices, from old computers, routers, or storage nodes, users can begin earning rewards through their contributions, helping decentralised networks thrive.
In January 2024, the company secured $2.5 million in pre-seed capital, underscoring investor confidence in its mission to make DePIN nodes accessible to the masses, and Domenic sees immense growth potential in the DePIN ecosystem, which he believes is still in its infancy.
His passion for decentralisation is rooted in his broader mission to return power to individuals, countering decades of increasing corporate and government control. By tokenising assets and leveraging the growing acceptance of blockchain technology, Hivello aims to unlock opportunities that empower communities and reshape global value systems.
With over a decade of experience in crypto, Domenic sees the growing legitimacy of blockchain as just reward for years of toil and endeavour, as we finally witness mainstream financial institutions like BlackRock embracing crypto through innovations like the Bitcoin ETF.
Domenic believes that ETFs provide a safer entry point for many investors, and this shift represents a broader recognition of blockchain’s transformative potential and aligns with Hivello’s mission to democratise access to Web3 technologies.
For Domenic we are only at the beginning of a major decentralisation wave, with tokenisation and blockchain set to redefine industries. By simplifying participation in DePIN projects, Hivello is not just creating passive income opportunities—it’s laying the groundwork for a future where individuals reclaim control over their digital and financial destinies.
I’m looking forward to this. Hivello is realising significant goals that will only broaden the Web3 horizon and is one of the reasons London Real Ventures has made Hivello one of portfolio companies. I’m looking forward to taking a deep dive with Domenic and exploring the myriad of ways our world is set to change in the coming years.
“What gets me up every morning? It’s the fact that we’re working on something that ultimately will put the power back in the hands of the people.”
