$22.81
1H
0.65%$0.1473
24H
7.29%$1.55
7D
19.1%$3.65
30D
15.1%$2.99
Helium (HNT) is a decentralized blockchain-powered network for Internet of Things (IoT) devices.
Launched in July 2019, the Helium mainnet allows low-powered wireless devices to communicate with each other and send data across its network of nodes.
Nodes come in the form of so-called Hotspots, which are a combination of a wireless gateway and a blockchain mining device. Users who operate nodes thus mine and earn rewards in Helium’s native cryptocurrency token, HNT.
Helium’s goal is to prepare IoT communication for the future, identifying inadequacies in current infrastructure from its birth in 2013.
The decentralized 5G network Helium caters to more than 118,000 Hotspots in more than 11,800 cities worldwide. Its native token HNT serves as the incentive for expanding the wireless coverage.
Helium, an IoT startup and crypto mining modem distributor, is expanding to more than 250 cities in the U.S. They started out from Austin, Texas, but now are shipping their units much more broadly.
A blockchain project Helium has completed a fundraising round where it managed to get $15 million in funding from leading venture funds. According to Multicoin Capital, Helium is the most ambitious crypto venture since Ethereum.
