At the intersection of technology, impact, and growth sits Blockmate Ventures Inc (TSX-V:MATE, OTCQB:MATEF): a venture builder focused on building businesses related to cutting-edge sectors such as blockchain, energy storage, and climate.
The company’s team works with founders on their projects in these cutting-edge sectors to bring their technology towards monetization.
“The essence of Blockmate Ventures is that we are focused on fast-growing companies within fast-growing markets that have a positive impact,” CEO Justin Rosenberg told Proactive.
“We build these projects from scratch. You usually get better leverage if you make rather than buy.”
Blockmate Ventures is currently pursuing opportunities in the Decentralized Physical Infrastructure Networks (DePIN) sector made possible by blockchain technology through its subsidiary Hivello.
DePIN refers to networks that connect physical hardware devices. They offer cryptocurrency tokens to individuals in exchange for access to their resources such as storage, cloud computing, and energy which are used to build, maintain, and operate this infrastructure.
Rosenberg notes that DePIN, a relatively new concept, was popularized by the rollout of Helium: a blockchain-based, decentralized wireless network that rewards users who deploy wireless hardware on its behalf with its token HNT.