Helium

Feb 22, 2023 | Decentralization, Infrastructure, Projects

The people’s network.

Helium – The people’s network.

 

Problem

  • Most Geo-locating devices need to be connected to the internet to function, but current solutions like cellular, WiFi, and Bluetooth are often too expensive and too limited in range.

Solution

  • Meet Helium, the decentralized wireless network that enables devices anywhere in the world to connect to the Internet in an inexpensive and efficient way.

Value Proposition

  • With Helium anyone can provide miles of low-power network coverage in their local area and get rewarded for their contribution.

Underlaying Magic

    • Users only need to install a simple physical device in their home or office, which provides wireless network coverage for millions of devices around them. 

    Business Model

    • As an incentive for providing the Hotspot, miners are rewarded in HNT token through the unique “Proof-of-Coverage” model.