HN

Helium

HNT
IoTRank #68Helium

$93.85

-0.81%24h
-8.57%7d

Market Cap

$12.65B

Volume 24h

$1.18B

Vol / Market Cap

9.34%

Rank

#68

HNT Price Chart

About Helium

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.

How It Works

A decentralized wireless network for Internet of Things devices. Users operate physical hotspots and earn tokens for providing network coverage.

Use Cases

Wireless Network Incentives: Used to reward people who deploy and maintain hotspots that provide wireless coverage for IoT devices.

Tokenomics

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.

Risks & Considerations

Hardware rollout is slower than expected; competes with 5G expansion and legacy telecom incumbents.

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