Helium
HNT$93.85
Market Cap
$12.65B
Volume 24h
$1.18B
Vol / Market Cap
9.34%
Rank
#68
HNT Price Chart
Helium is a decentralized network powering IoT devices through blockchain incentives.
What Is Helium (HNT)? Helium is a decentralized blockchain network that incentivizes users to provide wireless IoT infrastructure.
A decentralized wireless network for Internet of Things devices. Users operate physical hotspots and earn tokens for providing network coverage.
Wireless Network Incentives: Used to reward people who deploy and maintain hotspots that provide wireless coverage for IoT devices.
IoT Network Incentive: Rewards hotspot operators for wireless coverage. Uses a burn-and-mint design where tokens are burned to create data credits used by IoT devices.
Hardware rollout is slower than expected; competes with 5G expansion and legacy telecom incumbents.
