What is the project about?
The Helium Network is a decentralized, blockchain-based wireless infrastructure project that allows individuals and organizations to deploy and operate wireless networks through token incentivisation. It leverages the Solana Blockchain for its foundation. The primary token powering the network is HNT, while IOT and MOBILE tokens are used to facilitate the LoRaWAN and 5G networks, respectively.
What makes your project unique?
Decentralized Infrastructure: The Helium Network allows for the creation and maintenance of a distributed wireless network by incentivizing participants to contribute resources and share the benefits.
Scalable and Secure: The network leverages the Solana Blockchain, which is known for its high scalability, low latency, and robust security.
Multi-Use Case Support: The Helium Network supports various use cases, including IoT devices through the LoRaWAN network and high-speed mobile connectivity via the 5G network.
Incentivized Participation: The Helium Network employs a token-based system to reward participants and encourage network growth.
Proof-of-Coverage (PoC): A unique consensus algorithm employed by the LoRaWAN and 5G subnetworks, which rewards participants for verifying wireless network coverage.
What’s next for your project?
Today, the Helium Network is a rapidly growing decentralized wireless infrastructure with a global footprint. It continues to attract new users, developers, and organizations, paving the way for innovative applications and services. As the network expands, it aims to revolutionize the wireless communication landscape and further democratize access to connectivity
What can your token be used for?
The IOT token is the Governance token of the LoraWAN IOT Subnetworks, mined by IOT Hotspots through both data transfer proceeds as well as Proof of Coverage.
Where is Helium IOT available for purchase?
You can exchange IOT tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Helium IOT is Orca, notably the IOT/SOL pair, which saw a trading volume of $ 2,850.49 in the past day. Additionally, Raydium is popular alternative for trading tokens.
What is the highest value Helium IOT (IOT) has ever reached?
Helium IOT (IOT) reached its peak price at 0.003812 $ on 25 April 2023, approximately 2 years ago ago. Presently, the current price is -89.26% lower than this all-time high.
What is the historical minimum price for Helium IOT (IOT)?
The minimum price reached for Helium IOT (IOT) was 0.0002152 $, documented on 13 June 2023, more than 2 years ago. In comparison, the current price is 90.2%, it above this historical low.
What is the fully diluted valuation of Helium IOT (IOT)?
The fully diluted valuation (FDV) of Helium IOT (IOT) stands at $ 78,71 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of IOT tokens. The realization of this FDV might take several years depending on the emission schedule of IOT tokens.